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NIGI to SAR Converter and calculator

NIGI/SAR: 1 NIGI = 0.0001114 SAR. The price of converting 1 Nigi (NIGI) to Saudi Riyal (SAR) is 0.0001114 SAR today.
NIGI
NIGI
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NIGI to SAR real-time exchange rates, making it easy to convert Nigi (NIGI) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 NIGI is currently valued at 0.00 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NIGI is currently valued at 0.00 SAR, which means buying 5 NIGI would cost 0.00 SAR. Similarly, ر.س1 SAR can be converted to 8,977.02 NIGI, and ر.س50 SAR can be converted to 44,885.1 NIGI, excluding any platform or gas fees.

Convert NIGI to SAR

Convert SAR to NIGI

Nigi
Saudi Riyal
1 NIGI
0.0001114  SAR
2 NIGI
0.0002228  SAR
5 NIGI
0.0005570  SAR
10 NIGI
0.001114  SAR
20 NIGI
0.002228  SAR
50 NIGI
0.005570  SAR
100 NIGI
0.01114  SAR
200 NIGI
0.02228  SAR
500 NIGI
0.05570  SAR
1000 NIGI
0.1114  SAR
5000 NIGI
0.5570  SAR
In the table above, you'll find a comprehensive NIGI to SAR converter that shows the value of Nigi in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 NIGI to SAR, all the way up to 10000 NIGI, providing a clear view of their respective values.
Saudi Riyal
Nigi
100 SAR
897,701.92 NIGI
200 SAR
1,795,403.85 NIGI
500 SAR
4,488,509.62 NIGI
1000 SAR
8,977,019.24 NIGI
2000 SAR
17,954,038.48 NIGI
5000 SAR
44,885,096.21 NIGI
10000 SAR
89,770,192.42 NIGI
50000 SAR
448,850,962.09 NIGI
100000 SAR
897,701,924.17 NIGI
In the table above, you'll find a comprehensive SAR to NIGI converter that shows the value of Saudi Riyal in Nigi across commonly used conversion amounts. The list covers conversions from 1 SAR to NIGI, all the way up to 100000 SAR, providing a clear view of their respective values.

NIGI to SAR chart

NIGI/SAR: 1 NIGI = 0.0001114 SAR; 2025/05/03 20:23:20
In the past 1D, Nigi has changed -1.03% to SAR. Based on the trend and price charts, Nigi(NIGI) has changed -1.03% to SAR while Saudi Riyal(SAR) has changed % to NIGI in the last 24 hours.
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NIGI to SAR conversion data: Volatility and price changes of Nigi in SAR

The highest Nigi price in SAR over the past 7 days was 0.0001086 SAR while the lowest Nigi price in SAR over the past 7 days was 0.{4}9914 SAR. The relative change between the highs and lows in Nigi price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and NIGI 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
0.0001078 SAR
0.0001086 SAR
0.0001184 SAR
0.0007044 SAR
Low
0.0001061 SAR
0.{4}9914 SAR
0.{4}7859 SAR
0.{4}7859 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-1.03%
+0.11%
-0.71%
-71.47%

Nigi information

NIGI to SAR market statistics

NIGI/SAR:
ر.س0.0001114
NIGI 24h volume:
--
NIGI market cap:
--
NIGI circulating supply:
0 NIGI

Current NIGI to SAR exchange rate

Nigi to Saudi Riyal is rising this week.
Nigi's current market price is ر.س0.0001114 per NIGI, with a total market cap of ر.س0 SAR based on a circulating supply of -- NIGI. The trading volume of Nigi has changed by 0.00% (ر.س0 SAR) in the last 24 hours. Last trading day, NIGI's trading volume was ر.س0.

More info about Nigi 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 Nigi currency pair is the NIGI to SAR, with for Nigi's currency code being NIGI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert NIGI to SAR

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NIGI to SAR Conversion tables

The exchange rate of Nigi is decreasing.
The exchange rate of 1 NIGI to Saudi Riyal has changed by +0.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.03%, reaching a high of 0.0001078 SAR and a low of 0.0001061 SAR . One month ago, the value of 1 NIGI was ر.س0.0001122 SAR , which represents a -0.71% change from its current value. Over the last year, Nigi has changed by
-ر.س
0.001818SAR
, resulting in a change of -94.46% in its value.
24 hours ago1 month ago1 year ago
Amount20:23 today24 hours ago24h change
0.5 NIGIر.س0.{4}5570ر.س0.{4}5626
-1.03%
1 NIGIر.س0.0001114ر.س0.0001125
-1.03%
5 NIGIر.س0.0005570ر.س0.0005626
-1.03%
10 NIGIر.س0.001114ر.س0.001125
-1.03%
50 NIGIر.س0.005570ر.س0.005626
-1.03%
100 NIGIر.س0.01114ر.س0.01125
-1.03%
500 NIGIر.س0.05570ر.س0.05626
-1.03%
1000 NIGIر.س0.1114ر.س0.1125
-1.03%

NIGI to SAR FAQ

How much is 1 Nigi in SAR?
Right now, the price of 1 Nigi (NIGI) in Saudi Riyal (SAR) is ر.س0.0001114.
How much NIGI can I buy for 1 SAR?
Based on the current exchange rate, you can get 8,977.02 NIGI for 1 SAR.
How do I calculate or convert NIGI to SAR?
You can use our NIGI to SAR calculator at the top of this page to convert any amount of NIGI to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 44,885.1 NIGI, while 5 NIGI will cost around 0.0005570SAR.
What is the highest price of NIGI/SAR in history?
The all-time high price of 1 NIGI in SAR is ر.س0.009251. It remains to be seen if the value of 1 NIGI/SAR will exceed the current all-time high.
What is the price trend of Nigi in SAR?
Over the past 7 days, the exchange rate of Nigi (NIGI) has gone up by 0.11%.   Over the last month, the exchange rate of Nigi (NIGI) has gone down by 0.71% against Saudi Riyal (SAR).

What factors influence the conversion rate of NIGI to SAR?

There are many factors that affect the relationship between Nigi 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 NIGI/SAR. When there is positive news in the market about the widespread adoption of NIGI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NIGI/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NIGI/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 NIGI/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 Nigi and adjust their investment strategies accordingly in the evolving market.

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