MATIC
SAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Polygon(MATIC) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 MATIC at a value of 1 MATIC for 2.27 SAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
SAR 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 Polygon currency pair is the MATIC to SAR, with for Polygon's currency code being MATIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
MATIC to SAR conversion rate trend
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In the past 1D, Polygon has changed -6.37% to SAR. Based on the trend and price charts, Polygon(MATIC) has changed -6.37% to SAR while Saudi Riyal(SAR) has changed % to MATIC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س2.27 | 0.0003% / 0.0004%  VIP | |
Binance | ر.س2.27 | 0.1000% / 0.1000% | Yes |
Coinbase Exchange | ر.س2.27 | 0.1000% / 0.1000% | Yes |
Kraken | ر.س2.26 | 0.1000% / 0.1000% | Yes |
OKX | ر.س2.27 | 0.080% / 0.100% | Yes |
Huobi | ر.س2.27 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س2.27 | 0.1000% / 0.1000% | Yes |
Bybit | ر.س2.26 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س2.27 | 0.1000% / 0.1000% | Yes |
Bitfinex | ر.س2.27 | 0.1000% / 0.1000% | Yes |
Last updated 2024/06/14 01:00:25(UTC+0)
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Learn MoreBuy MATIC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MATIC with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MATIC with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|---|---|---|---|
S SOHAG524969  134 trades｜Completion rate 92.00% | 4.15 SAR | Amount23.99 USDT Limit90 - 99 SAR |    | |
S Stc24 59 trades｜Completion rate 95.00% | 4.15 SAR | Amount499.12 USDT Limit100 - 1000 SAR | | |
a asifshahzd  128 trades｜Completion rate 93.00% | 4.19 SAR | Amount536.56 USDT Limit39 - 2248.18 SAR | | |
B BGUSER-N236YHSJ 37 trades｜Completion rate 86.00% | 4.19 SAR | Amount295.53 USDT Limit1000 - 1228 SAR |     | |
a abushahad 20 trades｜Completion rate 91.00% | 4.19 SAR | Amount1702.3 USDT Limit300 - 900 SAR | |
Sell MATIC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MATIC to SAR. However, you can first exchange MATIC for USDT in the Bitget spot market, and then sell USDT to SAR in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
S Sojib uddin 74 177 trades｜Completion rate 96.00% | 3.9 SAR | Amount748 USDT Limit50 - 500 SAR | | |
S Stc24 59 trades｜Completion rate 95.00% | 3.87 SAR | Amount500 USDT Limit200 - 499 SAR | | |
a abushahad 20 trades｜Completion rate 91.00% | 3.87 SAR | Amount1000 USDT Limit300 - 500 SAR | | |
B BGUSER-N236YHSJ 37 trades｜Completion rate 86.00% | 3.84 SAR | Amount500 USDT Limit1000 - 1920 SAR |  | |
u usdt505 17 trades｜Completion rate 77.00% | 3.83 SAR | Amount6362.58 USDT Limit1000 - 30000.39 SAR | |
What factors influence the conversion rate of Polygon to Saudi Riyal?
Polygon to Saudi Riyal is falling this week.Polygon's current market price is ر.س 2.27 per MATIC, with a total market cap of ر.س 22,423,196,267.9 SAR based on a circulating supply of 9,897,486,000 MATIC. The trading volume of Polygon has changed by -8.18% (ر.س -100,780,879.89 SAR) in the last 24 hours. Last trading day, MATIC's trading volume was ر.س 1,232,160,601.16.
Market cap
$5.98B
24h volume
$301.59M
Circulating supply
9.90B MATIC
Conversion tables
The exchange rate of Polygon is decreasing.1 MATIC is currently valued at ر.س 2.27 SAR , which means buying 5 MATIC will cost ر.س 11.33 SAR . Similarly, ر.س1 SAR can be traded for 0.4414 MATIC, and ر.س50 SAR can be converted to 22.07 MATIC, excluding any platform or gas fees.
The exchange rate of 1 MATIC to Saudi Riyal has changed by -16.93% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.37%, reaching a high of 2.4 SAR and a low of 2.26 SAR . One month ago, the value of 1 MATIC was ر.س 2.44 SAR , which represents a -7.18% change from its current value. Over the last year, Polygon has changed by , resulting in a change of -3.76% in its value.
-ر.س
0.08847SARMATIC to SAR
Amount
01:15 am today
0.5 MATIC
ر.س1.13
1 MATIC
ر.س2.27
5 MATIC
ر.س11.33
10 MATIC
ر.س22.66
50 MATIC
ر.س113.28
100 MATIC
ر.س226.55
500 MATIC
ر.س1,132.77
1000 MATIC
ر.س2,265.54
SAR to MATIC
Amount01:15 am today
0.5SAR0.2207 MATIC
1SAR0.4414 MATIC
5SAR2.21 MATIC
10SAR4.41 MATIC
50SAR22.07 MATIC
100SAR44.14 MATIC
500SAR220.7 MATIC
1000SAR441.39 MATIC
Today vs. 24 hours ago
| Amount | 01:15 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MATIC | $0.3020 | $0.3225 | -6.37% |
| 1 MATIC | $0.6039 | $0.6449 | -6.37% |
| 5 MATIC | $3.02 | $3.22 | -6.37% |
| 10 MATIC | $6.04 | $6.45 | -6.37% |
| 50 MATIC | $30.2 | $32.25 | -6.37% |
| 100 MATIC | $60.39 | $64.49 | -6.37% |
| 500 MATIC | $301.96 | $322.47 | -6.37% |
| 1000 MATIC | $603.92 | $644.94 | -6.37% |
Today vs. 1 month ago
| Amount | 01:15 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MATIC | $0.3020 | $0.3253 | -7.18% |
| 1 MATIC | $0.6039 | $0.6506 | -7.18% |
| 5 MATIC | $3.02 | $3.25 | -7.18% |
| 10 MATIC | $6.04 | $6.51 | -7.18% |
| 50 MATIC | $30.2 | $32.53 | -7.18% |
| 100 MATIC | $60.39 | $65.06 | -7.18% |
| 500 MATIC | $301.96 | $325.28 | -7.18% |
| 1000 MATIC | $603.92 | $650.56 | -7.18% |
Today vs. 1 year ago
| Amount | 01:15 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MATIC | $0.3020 | $0.3138 | -3.76% |
| 1 MATIC | $0.6039 | $0.6275 | -3.76% |
| 5 MATIC | $3.02 | $3.14 | -3.76% |
| 10 MATIC | $6.04 | $6.28 | -3.76% |
| 50 MATIC | $30.2 | $31.38 | -3.76% |
| 100 MATIC | $60.39 | $62.75 | -3.76% |
| 500 MATIC | $301.96 | $313.75 | -3.76% |
| 1000 MATIC | $603.92 | $627.5 | -3.76% |
Polygon price prediction
What will the price of MATIC be in 2025?
Based on MATIC's historical price performance prediction model, the price of MATIC is projected to reach $0.9783 in 2025.
What will the price of MATIC be in 2030?
In 2030, the MATIC price is expected to rise by +9.00%. By the end of 2030, the MATIC price is projected to reach $2.29, with a cumulative ROI of +279.31%.
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Popular Polygon conversions
Check out these popular currency conversions of Polygon to several fiat currencies.
Polygon to USD
1 MATIC to $ 0.6039 USD
Polygon to GBP
1 MATIC to £ 0.4736 GBP
Polygon to EUR
1 MATIC to € 0.5625 EUR
Polygon to KRW
1 MATIC to ₩ 832.28 KRW
Polygon to CAD
1 MATIC to $ 0.8303 CAD
Polygon to AUD
1 MATIC to $ 0.9119 AUD
Polygon to JPY
1 MATIC to ¥ 94.95 JPY
Polygon to BRL
1 MATIC to R$ 3.24 BRL
Polygon to CNY
1 MATIC to ¥ 4.39 CNY
Polygon to TWD
1 MATIC to NT$ 19.56 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Polygon.
Vitalik Smart Gas to SAR
1 VSG to ر.س 0.007462 SAR
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1 IO to ر.س 17.27 SAR
CyPepe to SAR
1 CYPEPE to ر.س 0.005320 SAR
Aethir to SAR
1 ATH to ر.س 0.2786 SAR
Biaoqing to SAR
1 BIAO to ر.س 0.05536 SAR
Notcoin to SAR
1 NOT to ر.س 0.06380 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}4381 SAR
Bitcoin to SAR
1 BTC to ر.س 249,803.18 SAR
Super Trump to SAR
1 STRUMP to ر.س 0.06715 SAR
Solana to SAR
1 SOL to ر.س 549.51 SAR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Polygon and SAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Polygon and SAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Polygon in SAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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