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SHFT to SAR Converter and calculator

SHFT/SAR: 1 SHFT = 0.001323 SAR. The price of converting 1 Shyft Network (SHFT) to Saudi Riyal (SAR) is 0.001323 SAR today.
SHFT
SHFT
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHFT to SAR real-time exchange rates, making it easy to convert Shyft Network (SHFT) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 SHFT is currently valued at 0.00 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHFT is currently valued at 0.00 SAR, which means buying 5 SHFT would cost 0.01 SAR. Similarly, ر.س1 SAR can be converted to 755.78 SHFT, and ر.س50 SAR can be converted to 3,778.88 SHFT, excluding any platform or gas fees.

Convert SHFT to SAR

Convert SAR to SHFT

Shyft Network
Saudi Riyal
10000 SHFT
13.23  SAR
In the table above, you'll find a comprehensive SHFT to SAR converter that shows the value of Shyft Network in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 SHFT to SAR, all the way up to 10000 SHFT, providing a clear view of their respective values.
Saudi Riyal
Shyft Network
200 SAR
151,155.28 SHFT
500 SAR
377,888.21 SHFT
1000 SAR
755,776.41 SHFT
2000 SAR
1,511,552.83 SHFT
5000 SAR
3,778,882.07 SHFT
10000 SAR
7,557,764.15 SHFT
50000 SAR
37,788,820.75 SHFT
100000 SAR
75,577,641.49 SHFT
In the table above, you'll find a comprehensive SAR to SHFT converter that shows the value of Saudi Riyal in Shyft Network across commonly used conversion amounts. The list covers conversions from 1 SAR to SHFT, all the way up to 100000 SAR, providing a clear view of their respective values.

SHFT to SAR chart

SHFT/SAR: 1 SHFT = 0.001323 SAR; 2025/05/01 13:03:58
In the past 1D, Shyft Network has changed +13.65% to SAR. Based on the trend and price charts, Shyft Network(SHFT) has changed +13.65% to SAR while Saudi Riyal(SAR) has changed % to SHFT in the last 24 hours.
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SHFT to SAR conversion data: Volatility and price changes of Shyft Network in SAR

The highest Shyft Network price in SAR over the past 7 days was 0.001482 SAR while the lowest Shyft Network price in SAR over the past 7 days was 0.001147 SAR. The relative change between the highs and lows in Shyft Network price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SHFT 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
0.001353 SAR
0.001482 SAR
0.001738 SAR
0.002907 SAR
Low
0.001164 SAR
0.001147 SAR
0.0008190 SAR
0.0008190 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+13.65%
-17.72%
+40.15%
-28.76%

Shyft Network information

SHFT to SAR market statistics

SHFT/SAR:
ر.س0.001323
SHFT 24h volume:
ر.س64,881.4
SHFT market cap:
ر.س2,945,711.37
SHFT circulating supply:
2.23B SHFT

Current SHFT to SAR exchange rate

Shyft Network to Saudi Riyal is falling this week.
Shyft Network's current market price is ر.س0.001323 per SHFT, with a total market cap of ر.س2,945,711.37 SAR based on a circulating supply of 2,226,299,100 SHFT. The trading volume of Shyft Network has changed by +1.39% (ر.س887.15 SAR) in the last 24 hours. Last trading day, SHFT's trading volume was ر.س63,994.25.

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

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How to convert SHFT to SAR

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SHFT to SAR Conversion tables

The exchange rate of Shyft Network is increasing.
The exchange rate of 1 SHFT to Saudi Riyal has changed by -17.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by +13.65%, reaching a high of 0.001353 SAR and a low of 0.001164 SAR . One month ago, the value of 1 SHFT was ر.س0.0009440 SAR , which represents a +40.15% change from its current value. Over the last year, Shyft Network has changed by
-ر.س
0.02923SAR
, resulting in a change of -95.67% in its value.
24 hours ago1 month ago1 year ago
Amount13:03 today24 hours ago24h change
0.5 SHFTر.س0.0006616ر.س0.0005821
+13.65%
1 SHFTر.س0.001323ر.س0.001164
+13.65%
5 SHFTر.س0.006616ر.س0.005821
+13.65%
10 SHFTر.س0.01323ر.س0.01164
+13.65%
50 SHFTر.س0.06616ر.س0.05821
+13.65%
100 SHFTر.س0.1323ر.س0.1164
+13.65%
500 SHFTر.س0.6616ر.س0.5821
+13.65%
1000 SHFTر.س1.32ر.س1.16
+13.65%

SHFT to SAR FAQ

How much is 1 Shyft Network in SAR?
Right now, the price of 1 Shyft Network (SHFT) in Saudi Riyal (SAR) is ر.س0.001323.
How much SHFT can I buy for 1 SAR?
Based on the current exchange rate, you can get 755.78 SHFT for 1 SAR.
How do I calculate or convert SHFT to SAR?
You can use our SHFT to SAR calculator at the top of this page to convert any amount of SHFT to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 3,778.88 SHFT, while 5 SHFT will cost around 0.006616SAR.
What is the highest price of SHFT/SAR in history?
The all-time high price of 1 SHFT in SAR is ر.س24. It remains to be seen if the value of 1 SHFT/SAR will exceed the current all-time high.
What is the price trend of Shyft Network in SAR?
Over the past 7 days, the exchange rate of Shyft Network (SHFT) has gone down by 17.72%.   Over the last month, the exchange rate of Shyft Network (SHFT) has gone up by 40.15% against Saudi Riyal (SAR).

What factors influence the conversion rate of SHFT to SAR?

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

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