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LOOM to SAR Converter and calculator

LOOM/SAR: 1 LOOM = 0.08544 SAR. The price of converting 1 Loom Network (LOOM) to Saudi Riyal (SAR) is 0.08544 SAR today.
LOOM
LOOM
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides LOOM to SAR real-time exchange rates, making it easy to convert Loom Network (LOOM) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 LOOM is currently valued at 0.09 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 LOOM is currently valued at 0.09 SAR, which means buying 5 LOOM would cost 0.43 SAR. Similarly, ر.س1 SAR can be converted to 11.7 LOOM, and ر.س50 SAR can be converted to 58.52 LOOM, excluding any platform or gas fees.

Convert LOOM to SAR

Convert SAR to LOOM

Loom Network
Saudi Riyal
5000 LOOM
427.19  SAR
10000 LOOM
854.38  SAR
In the table above, you'll find a comprehensive LOOM to SAR converter that shows the value of Loom Network in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 LOOM to SAR, all the way up to 10000 LOOM, providing a clear view of their respective values.
Saudi Riyal
Loom Network
1000 SAR
11,704.35 LOOM
2000 SAR
23,408.71 LOOM
5000 SAR
58,521.76 LOOM
10000 SAR
117,043.53 LOOM
50000 SAR
585,217.63 LOOM
100000 SAR
1,170,435.27 LOOM
In the table above, you'll find a comprehensive SAR to LOOM converter that shows the value of Saudi Riyal in Loom Network across commonly used conversion amounts. The list covers conversions from 1 SAR to LOOM, all the way up to 100000 SAR, providing a clear view of their respective values.

LOOM to SAR chart

LOOM/SAR: 1 LOOM = 0.08544 SAR; 2025/04/28 00:52:40
In the past 1D, Loom Network has changed -2.82% to SAR. Based on the trend and price charts, Loom Network(LOOM) has changed -2.82% to SAR while Saudi Riyal(SAR) has changed % to LOOM in the last 24 hours.
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LOOM to SAR conversion data: Volatility and price changes of Loom Network in SAR

The highest Loom Network price in SAR over the past 7 days was 0.1622 SAR while the lowest Loom Network price in SAR over the past 7 days was 0.07686 SAR. The relative change between the highs and lows in Loom Network price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and LOOM to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.09360 SAR
0.1622 SAR
0.1796 SAR
0.2272 SAR
Low
0.08453 SAR
0.07686 SAR
0.03726 SAR
0.03726 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-2.82%
+25.05%
-18.88%
-60.87%

Loom Network information

LOOM to SAR market statistics

LOOM/SAR:
ر.س0.08544
LOOM 24h volume:
ر.س228,745,306
LOOM market cap:
ر.س106,193,053.67
LOOM circulating supply:
1.24B LOOM

Current LOOM to SAR exchange rate

Loom Network to Saudi Riyal is rising this week.
Loom Network's current market price is ر.س0.08544 per LOOM, with a total market cap of ر.س106,193,053.67 SAR based on a circulating supply of 1,242,921,000 LOOM. The trading volume of Loom Network has changed by +36.36% (ر.س60,990,461.18 SAR) in the last 24 hours. Last trading day, LOOM's trading volume was ر.س167,754,844.82.

More info about Loom Network on Bitget

Saudi Riyal information

About Saudi Riyal (SAR)

The Saudi Riyal (SAR), introduced in 1925, is not just the official currency of Saudi Arabia; it is a symbol of the nation's economic prosperity and cultural heritage. It is commonly abbreviated as SAR and represented by the symbol ر.س. Emerging alongside the founding of Saudi Arabia, the Riyal reflects the country's transformation from a desert kingdom to a global oil powerhouse.

Historical Background

The establishment of the Saudi Riyal was a key step in consolidating the economic foundations of the newly formed Kingdom of Saudi Arabia. Replacing the Hejaz Riyal and other regional currencies, the Saudi Riyal marked the unification of the Kingdom's monetary system, mirroring its political consolidation under King Abdulaziz Al Saud.

Design and Symbolism

The design of the Saudi Riyal combines elements of Saudi Arabia's rich history and Islamic heritage. Banknotes and coins feature intricate Islamic art, images of the King, and landmarks such as the Kaaba in Mecca and the Kingdom Centre in Riyadh. These designs do more than facilitate transactions; they are a celebration of Saudi identity and pride.

Economic Role

The Riyal is central to Saudi Arabia’s economy, underpinned by the country's vast oil reserves. As the medium of exchange, it supports the oil sector, which dominates the economy, and facilitates other key sectors like construction, finance, and tourism. The Riyal’s stability is crucial for the country's economic health and its role in global energy markets.

Monetary Policy and Stability

Managed by the Saudi Arabian Monetary Authority (SAMA), the Riyal is pegged to the US Dollar, reflecting the longstanding economic relationship between Saudi Arabia and the United States, particularly in the oil sector. This peg provides stability to the Riyal, but it also ties its fortunes to the fluctuations of the US economy and dollar.

International Trade and the Saudi Riyal

In international trade, the stability of the Riyal, especially given its peg to the US Dollar, is crucial for Saudi Arabia's oil exports. A stable Riyal is vital for maintaining competitive oil prices in global markets and for the country's extensive import needs.

Remittances and Economic Impact

Remittances from expatriates working in Saudi Arabia, particularly in the oil, construction, and service sectors, are significant. While these remittances involve substantial outflows of Riyals, they also reflect the country's role as a major employer in the region.

Bitget crypto-to-fiat exchange data shows that the most popular Loom Network currency pair is the LOOM to SAR, with for Loom Network's currency code being LOOM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert LOOM to SAR

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Convert LOOM to SAR
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Bitget P2P trading does not currently support direct buying of LOOM with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy LOOM with USDT via Bitget spot market.
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LOOM to SAR Conversion tables

The exchange rate of Loom Network is decreasing.
The exchange rate of 1 LOOM to Saudi Riyal has changed by +25.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.82%, reaching a high of 0.09360 SAR and a low of 0.08453 SAR . One month ago, the value of 1 LOOM was ر.س0.1053 SAR , which represents a -18.88% change from its current value. Over the last year, Loom Network has changed by
-ر.س
0.2530SAR
, resulting in a change of -74.81% in its value.
24 hours ago1 month ago1 year ago
Amount00:52 am today24 hours ago24h change
0.5 LOOMر.س0.04272ر.س0.04395
-2.82%
1 LOOMر.س0.08544ر.س0.08791
-2.82%
5 LOOMر.س0.4272ر.س0.4395
-2.82%
10 LOOMر.س0.8544ر.س0.8791
-2.82%
50 LOOMر.س4.27ر.س4.4
-2.82%
100 LOOMر.س8.54ر.س8.79
-2.82%
500 LOOMر.س42.72ر.س43.95
-2.82%
1000 LOOMر.س85.44ر.س87.91
-2.82%

LOOM to SAR FAQ

How much is 1 Loom Network in SAR?
Right now, the price of 1 Loom Network (LOOM) in Saudi Riyal (SAR) is ر.س0.08544.
How much LOOM can I buy for 1 SAR?
Based on the current exchange rate, you can get 11.7 LOOM for 1 SAR.
How do I calculate or convert LOOM to SAR?
You can use our LOOM to SAR calculator at the top of this page to convert any amount of LOOM to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 58.52 LOOM, while 5 LOOM will cost around 0.4272SAR.
What is the highest price of LOOM/SAR in history?
The all-time high price of 1 LOOM in SAR is ر.س2.9. It remains to be seen if the value of 1 LOOM/SAR will exceed the current all-time high.
What is the price trend of Loom Network in SAR?
Over the past 7 days, the exchange rate of Loom Network (LOOM) has gone up by 25.05%.   Over the last month, the exchange rate of Loom Network (LOOM) has gone down by 18.88% against Saudi Riyal (SAR).

What factors influence the conversion rate of LOOM to SAR?

There are many factors that affect the relationship between Loom Network and Saudi Riyal, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of LOOM/SAR. When there is positive news in the market about the widespread adoption of LOOM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of LOOM/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in LOOM/SAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of LOOM/SAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Loom Network and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.