GNY
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 GNY(GNY) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 GNY at a value of 1 GNY for 0.03 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 GNY currency pair is the GNY to SAR, with for GNY's currency code being GNY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
GNY to SAR conversion rate trend
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In the past 1D, GNY has changed +3.81% to SAR. Based on the trend and price charts, GNY(GNY) has changed +3.81% to SAR while Saudi Riyal(SAR) has changed % to GNY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.03152 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/16 16:31:05(UTC+0)
How to buy GNY
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Buy GNY (GNY)
Use a variety of payment options to buy GNY on Bitget. We'll show you how.
Buy GNY (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of GNY with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy GNY 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 GNY (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of GNY to SAR. However, you can first exchange GNY 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 GNY to Saudi Riyal?
GNY to Saudi Riyal is rising this week.GNY's current market price is ر.س 0.03172 per GNY, with a total market cap of ر.س 6,101,346.52 SAR based on a circulating supply of 192,376,660 GNY. The trading volume of GNY has changed by -26.11% (ر.س -48,259.13 SAR) in the last 24 hours. Last trading day, GNY's trading volume was ر.س 184,812.36.
Market cap
$1.62M
24h volume
$36.36K
Circulating supply
192.38M GNY
Conversion tables
The exchange rate of GNY is increasing.1 GNY is currently valued at ر.س 0.03172 SAR , which means buying 5 GNY will cost ر.س 0.1586 SAR . Similarly, ر.س1 SAR can be traded for 31.53 GNY, and ر.س50 SAR can be converted to 1,576.51 GNY, excluding any platform or gas fees.
The exchange rate of 1 GNY to Saudi Riyal has changed by +0.02% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.81%, reaching a high of 0.03230 SAR and a low of 0.03034 SAR . One month ago, the value of 1 GNY was ر.س 0.02425 SAR , which represents a +30.74% change from its current value. Over the last year, GNY has changed by , resulting in a change of -52.73% in its value.
-ر.س
0.03541SARGNY to SAR
Amount
17:40 today
0.5 GNY
ر.س0.01586
1 GNY
ر.س0.03172
5 GNY
ر.س0.1586
10 GNY
ر.س0.3172
50 GNY
ر.س1.59
100 GNY
ر.س3.17
500 GNY
ر.س15.86
1000 GNY
ر.س31.72
SAR to GNY
Amount17:40 today
0.5SAR15.77 GNY
1SAR31.53 GNY
5SAR157.65 GNY
10SAR315.3 GNY
50SAR1,576.51 GNY
100SAR3,153.02 GNY
500SAR15,765.1 GNY
1000SAR31,530.2 GNY
Today vs. 24 hours ago
| Amount | 17:40 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GNY | $0.004222 | $0.004067 | +3.81% |
| 1 GNY | $0.008444 | $0.008134 | +3.81% |
| 5 GNY | $0.04222 | $0.04067 | +3.81% |
| 10 GNY | $0.08444 | $0.08134 | +3.81% |
| 50 GNY | $0.4222 | $0.4067 | +3.81% |
| 100 GNY | $0.8444 | $0.8134 | +3.81% |
| 500 GNY | $4.22 | $4.07 | +3.81% |
| 1000 GNY | $8.44 | $8.13 | +3.81% |
Today vs. 1 month ago
| Amount | 17:40 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GNY | $0.004222 | $0.003228 | +30.74% |
| 1 GNY | $0.008444 | $0.006456 | +30.74% |
| 5 GNY | $0.04222 | $0.03228 | +30.74% |
| 10 GNY | $0.08444 | $0.06456 | +30.74% |
| 50 GNY | $0.4222 | $0.3228 | +30.74% |
| 100 GNY | $0.8444 | $0.6456 | +30.74% |
| 500 GNY | $4.22 | $3.23 | +30.74% |
| 1000 GNY | $8.44 | $6.46 | +30.74% |
Today vs. 1 year ago
| Amount | 17:40 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GNY | $0.004222 | $0.008936 | -52.73% |
| 1 GNY | $0.008444 | $0.01787 | -52.73% |
| 5 GNY | $0.04222 | $0.08936 | -52.73% |
| 10 GNY | $0.08444 | $0.1787 | -52.73% |
| 50 GNY | $0.4222 | $0.8936 | -52.73% |
| 100 GNY | $0.8444 | $1.79 | -52.73% |
| 500 GNY | $4.22 | $8.94 | -52.73% |
| 1000 GNY | $8.44 | $17.87 | -52.73% |
GNY price prediction
What will the price of GNY be in 2025?
Based on GNY's historical price performance prediction model, the price of GNY is projected to reach $0.01302 in 2025.
What will the price of GNY be in 2030?
In 2030, the GNY price is expected to change by +1.00%. By the end of 2030, the GNY price is projected to reach $0.02727, with a cumulative ROI of +228.65%.
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Popular GNY conversions
Check out these popular currency conversions of GNY to several fiat currencies.
GNY to USD
1 GNY to $ 0.008444 USD
GNY to GBP
1 GNY to £ 0.006692 GBP
GNY to EUR
1 GNY to € 0.008007 EUR
GNY to KRW
1 GNY to ₩ 11.79 KRW
GNY to CAD
1 GNY to $ 0.01191 CAD
GNY to AUD
1 GNY to $ 0.01307 AUD
GNY to JPY
1 GNY to ¥ 1.3 JPY
GNY to BRL
1 GNY to R$ 0.04895 BRL
GNY to CNY
1 GNY to ¥ 0.06111 CNY
GNY to TWD
1 GNY to NT$ 0.2742 TWD
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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 GNY 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 GNY 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 GNY 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.
