CREDI
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 Credefi(CREDI) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 CREDI at a value of 1 CREDI for 0.05 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 Credefi currency pair is the CREDI to SAR, with for Credefi's currency code being CREDI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
CREDI to SAR conversion rate trend
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In the past 1D, Credefi has changed -3.79% to SAR. Based on the trend and price charts, Credefi(CREDI) has changed -3.79% to SAR while Saudi Riyal(SAR) has changed % to CREDI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.05369 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س0.05552 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.05518 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 08:00:18(UTC+0)
How to buy Credefi
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Credefi (CREDI)
Use a variety of payment options to buy Credefi on Bitget. We'll show you how.
Buy CREDI (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of CREDI with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy CREDI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell CREDI (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of CREDI to SAR. However, you can first exchange CREDI for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Credefi to Saudi Riyal?
Credefi to Saudi Riyal is falling this week.Credefi's current market price is ر.س 0.05371 per CREDI, with a total market cap of ر.س 40,205,147.22 SAR based on a circulating supply of 748,573,900 CREDI. The trading volume of Credefi has changed by -50.73% (ر.س -678,186.09 SAR) in the last 24 hours. Last trading day, CREDI's trading volume was ر.س 1,336,869.91.
Market cap
$10.70M
24h volume
$175.36K
Circulating supply
748.57M CREDI
Conversion tables
The exchange rate of Credefi is decreasing.1 CREDI is currently valued at ر.س 0.05371 SAR , which means buying 5 CREDI will cost ر.س 0.2685 SAR . Similarly, ر.س1 SAR can be traded for 18.62 CREDI, and ر.س50 SAR can be converted to 930.94 CREDI, excluding any platform or gas fees.
The exchange rate of 1 CREDI to Saudi Riyal has changed by -12.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.79%, reaching a high of 0.05683 SAR and a low of 0.05150 SAR . One month ago, the value of 1 CREDI was ر.س 0.07280 SAR , which represents a -26.23% change from its current value. Over the last year, Credefi has changed by , resulting in a change of +288.38% in its value.
+ر.س
0.03986SARCREDI to SAR
Amount
14:31 today
0.5 CREDI
ر.س0.02685
1 CREDI
ر.س0.05371
5 CREDI
ر.س0.2685
10 CREDI
ر.س0.5371
50 CREDI
ر.س2.69
100 CREDI
ر.س5.37
500 CREDI
ر.س26.85
1000 CREDI
ر.س53.71
SAR to CREDI
Amount14:31 today
0.5SAR9.31 CREDI
1SAR18.62 CREDI
5SAR93.09 CREDI
10SAR186.19 CREDI
50SAR930.94 CREDI
100SAR1,861.89 CREDI
500SAR9,309.43 CREDI
1000SAR18,618.86 CREDI
Today vs. 24 hours ago
| Amount | 14:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 CREDI | $0.007150 | $0.007431 | -3.79% |
| 1 CREDI | $0.01430 | $0.01486 | -3.79% |
| 5 CREDI | $0.07150 | $0.07431 | -3.79% |
| 10 CREDI | $0.1430 | $0.1486 | -3.79% |
| 50 CREDI | $0.7150 | $0.7431 | -3.79% |
| 100 CREDI | $1.43 | $1.49 | -3.79% |
| 500 CREDI | $7.15 | $7.43 | -3.79% |
| 1000 CREDI | $14.3 | $14.86 | -3.79% |
Today vs. 1 month ago
| Amount | 14:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 CREDI | $0.007150 | $0.009691 | -26.23% |
| 1 CREDI | $0.01430 | $0.01938 | -26.23% |
| 5 CREDI | $0.07150 | $0.09691 | -26.23% |
| 10 CREDI | $0.1430 | $0.1938 | -26.23% |
| 50 CREDI | $0.7150 | $0.9691 | -26.23% |
| 100 CREDI | $1.43 | $1.94 | -26.23% |
| 500 CREDI | $7.15 | $9.69 | -26.23% |
| 1000 CREDI | $14.3 | $19.38 | -26.23% |
Today vs. 1 year ago
| Amount | 14:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 CREDI | $0.007150 | $0.001843 | +288.38% |
| 1 CREDI | $0.01430 | $0.003686 | +288.38% |
| 5 CREDI | $0.07150 | $0.01843 | +288.38% |
| 10 CREDI | $0.1430 | $0.03686 | +288.38% |
| 50 CREDI | $0.7150 | $0.1843 | +288.38% |
| 100 CREDI | $1.43 | $0.3686 | +288.38% |
| 500 CREDI | $7.15 | $1.84 | +288.38% |
| 1000 CREDI | $14.3 | $3.69 | +288.38% |
Credefi price prediction
What will the price of CREDI be in 2025?
Based on CREDI's historical price performance prediction model, the price of CREDI is projected to reach $0.01858 in 2025.
What will the price of CREDI be in 2030?
In 2030, the CREDI price is expected to change by +2.00%. By the end of 2030, the CREDI price is projected to reach $0.05713, with a cumulative ROI of +282.18%.
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Popular Credefi conversions
Check out these popular currency conversions of Credefi to several fiat currencies.
Credefi to USD
1 CREDI to $ 0.01430 USD
Credefi to GBP
1 CREDI to £ 0.01133 GBP
Credefi to EUR
1 CREDI to € 0.01356 EUR
Credefi to KRW
1 CREDI to ₩ 19.96 KRW
Credefi to CAD
1 CREDI to $ 0.02016 CAD
Credefi to AUD
1 CREDI to $ 0.02213 AUD
Credefi to JPY
1 CREDI to ¥ 2.21 JPY
Credefi to BRL
1 CREDI to R$ 0.08289 BRL
Credefi to CNY
1 CREDI to ¥ 0.1035 CNY
Credefi to TWD
1 CREDI to NT$ 0.4644 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Credefi.
FLOKI to SAR
1 FLOKI to ر.س 0.0009069 SAR
BOOK OF MEME to SAR
1 BOME to ر.س 0.03908 SAR
Neiro (First Neiro On Ethereum) to SAR
1 NEIRO to ر.س -- SAR
ConstitutionDAO to SAR
1 PEOPLE to ر.س 0.2403 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 6.7 SAR
Turbo to SAR
1 TURBO to ر.س 0.03422 SAR
Cardano to SAR
1 ADA to ر.س 2.85 SAR
Hooked Protocol to SAR
1 HOOK to ر.س 1.54 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.39 SAR
Aevo to SAR
1 AEVO to ر.س 1.37 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 Credefi 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 Credefi 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 Credefi 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.
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.
