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Alchemy Pay to Saudi Riyal Converter and calculator

Convert 1Alchemy Pay (ACH) to Saudi Riyal (SAR) equals ر.س 0.1115 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Alchemy Pay(ACH) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 ACH at a value of 1 ACH for 0.11 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.

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

ACH to SAR conversion rate trend

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In the past 1D, Alchemy Pay has changed +0.60% to SAR. Based on the trend and price charts, Alchemy Pay(ACH) has changed +0.60% to SAR while Saudi Riyal(SAR) has changed % to ACH in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.1117
0.0001% / 0.0004%vip-iconVIP
Binance
ر.س0.1116
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.س0.05091
0.1000% / 0.1000%
Yes
OKX
ر.س0.1116
0.080% / 0.100%
Yes
Huobi
ر.س0.1117
0.1000% / 0.1000%
Yes
Gate.io
ر.س0.1116
0.1000% / 0.1000%
Yes
Bybit
ر.س0.1116
0.1000% / 0.1000%
Yes
KuCoin
ر.س0.1116
0.1000% / 0.1000%
Yes
Last updated 2024/06/02 21:00:19(UTC+0)

How to buy Alchemy Pay

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Buy Alchemy Pay (ACH)
Use a variety of payment options to buy Alchemy Pay on Bitget. We'll show you how.

What factors influence the conversion rate of Alchemy Pay to Saudi Riyal?

Alchemy Pay to Saudi Riyal is rising this week.
Alchemy Pay's current market price is ر.س 0.1115 per ACH, with a total market cap of ر.س 861,545,172.39 SAR based on a circulating supply of 7,729,534,500 ACH. The trading volume of Alchemy Pay has changed by +97.08% (ر.س 21,184,613.36 SAR) in the last 24 hours. Last trading day, ACH's trading volume was ر.س 21,820,888.65.
Market cap
$229.91M
24h volume
$11.48M
Circulating supply
7.73B ACH

Conversion tables

The exchange rate of Alchemy Pay is decreasing.
1 ACH is currently valued at ر.س 0.1115 SAR , which means buying 5 ACH will cost ر.س 0.5573 SAR . Similarly, ر.س1 SAR can be traded for 8.97 ACH, and ر.س50 SAR can be converted to 448.59 ACH, excluding any platform or gas fees.
The exchange rate of 1 ACH to Saudi Riyal has changed by +2.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.60%, reaching a high of 0.1147 SAR and a low of 0.1089 SAR . One month ago, the value of 1 ACH was ر.س 0.1155 SAR , which represents a -3.52% change from its current value. Over the last year, Alchemy Pay has changed by
+ر.س
0.005466SAR
, resulting in a change of +5.15% in its value.

ACH to SAR

Amount
21:53 today
0.5 ACH
ر.س0.05573
1 ACH
ر.س0.1115
5 ACH
ر.س0.5573
10 ACH
ر.س1.11
50 ACH
ر.س5.57
100 ACH
ر.س11.15
500 ACH
ر.س55.73
1000 ACH
ر.س111.46

SAR to ACH

Amount21:53 today
0.5SAR4.49  ACH
1SAR8.97  ACH
5SAR44.86  ACH
10SAR89.72  ACH
50SAR448.59  ACH
100SAR897.17  ACH
500SAR4,485.86  ACH
1000SAR8,971.71  ACH
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Today vs. 24 hours ago

Amount21:53 today24 hours ago24h change
0.5 ACH$0.01487$0.01478
+0.60%
1 ACH$0.02974$0.02957
+0.60%
5 ACH$0.1487$0.1478
+0.60%
10 ACH$0.2974$0.2957
+0.60%
50 ACH$1.49$1.48
+0.60%
100 ACH$2.97$2.96
+0.60%
500 ACH$14.87$14.78
+0.60%
1000 ACH$29.74$29.57
+0.60%

Today vs. 1 month ago

Amount21:53 today1 month ago1M change
0.5 ACH$0.01487$0.01541
-3.52%
1 ACH$0.02974$0.03083
-3.52%
5 ACH$0.1487$0.1541
-3.52%
10 ACH$0.2974$0.3083
-3.52%
50 ACH$1.49$1.54
-3.52%
100 ACH$2.97$3.08
-3.52%
500 ACH$14.87$15.41
-3.52%
1000 ACH$29.74$30.83
-3.52%
Buy Alchemy Pay for 1 SAR
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Today vs. 1 year ago

Amount21:53 today1 year ago1Y change
0.5 ACH$0.01487$0.01414
+5.15%
1 ACH$0.02974$0.02829
+5.15%
5 ACH$0.1487$0.1414
+5.15%
10 ACH$0.2974$0.2829
+5.15%
50 ACH$1.49$1.41
+5.15%
100 ACH$2.97$2.83
+5.15%
500 ACH$14.87$14.14
+5.15%
1000 ACH$29.74$28.29
+5.15%

Alchemy Pay price prediction

What will the price of ACH be in 2025?

Based on ACH's historical price performance prediction model, the price of ACH is projected to reach $0.03714 in 2025.

What will the price of ACH be in 2030?

In 2030, the ACH price is expected to rise by -18.00%. By the end of 2030, the ACH price is projected to reach $0.04989, with a cumulative ROI of +67.73%.
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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 Alchemy Pay 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 Alchemy Pay 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 Alchemy Pay 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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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.