LBL
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 LABEL AI(LBL) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 LBL at a value of 1 LBL for 0.01 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 LABEL AI currency pair is the LBL to SAR, with for LABEL AI's currency code being LBL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
LBL to SAR conversion rate trend
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In the past 1D, LABEL AI has changed -2.18% to SAR. Based on the trend and price charts, LABEL AI(LBL) has changed -2.18% to SAR while Saudi Riyal(SAR) has changed % to LBL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.009433 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ر.س0.009270 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س0.009244 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/17 00:00:19(UTC+0)
How to buy LABEL AI
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy LABEL AI (LBL)
Use a variety of payment options to buy LABEL AI on Bitget. We'll show you how.
Buy LBL (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of LBL with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy LBL 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 LBL (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of LBL to SAR. However, you can first exchange LBL 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 LABEL AI to Saudi Riyal?
LABEL AI to Saudi Riyal is falling this week.LABEL AI's current market price is ر.س 0.009268 per LBL, with a total market cap of ر.س 20,680,785.24 SAR based on a circulating supply of 2,231,382,500 LBL. The trading volume of LABEL AI has changed by -39.91% (ر.س -755,699.53 SAR) in the last 24 hours. Last trading day, LBL's trading volume was ر.س 1,893,675.28.
Market cap
$5.51M
24h volume
$302.97K
Circulating supply
2.23B LBL
Conversion tables
The exchange rate of LABEL AI is decreasing.1 LBL is currently valued at ر.س 0.009268 SAR , which means buying 5 LBL will cost ر.س 0.04634 SAR . Similarly, ر.س1 SAR can be traded for 107.9 LBL, and ر.س50 SAR can be converted to 5,394.82 LBL, excluding any platform or gas fees.
The exchange rate of 1 LBL to Saudi Riyal has changed by -7.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.18%, reaching a high of 0.009569 SAR and a low of 0.009194 SAR . One month ago, the value of 1 LBL was ر.س 0.01019 SAR , which represents a -8.98% change from its current value. Over the last year, LABEL AI has changed by , resulting in a change of +26.71% in its value.
+ر.س
0.001959SARLBL to SAR
Amount
03:41 am today
0.5 LBL
ر.س0.004634
1 LBL
ر.س0.009268
5 LBL
ر.س0.04634
10 LBL
ر.س0.09268
50 LBL
ر.س0.4634
100 LBL
ر.س0.9268
500 LBL
ر.س4.63
1000 LBL
ر.س9.27
SAR to LBL
Amount03:41 am today
0.5SAR53.95 LBL
1SAR107.9 LBL
5SAR539.48 LBL
10SAR1,078.96 LBL
50SAR5,394.82 LBL
100SAR10,789.64 LBL
500SAR53,948.21 LBL
1000SAR107,896.41 LBL
Today vs. 24 hours ago
| Amount | 03:41 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LBL | $0.001234 | $0.001261 | -2.18% |
| 1 LBL | $0.002467 | $0.002523 | -2.18% |
| 5 LBL | $0.01234 | $0.01261 | -2.18% |
| 10 LBL | $0.02467 | $0.02523 | -2.18% |
| 50 LBL | $0.1234 | $0.1261 | -2.18% |
| 100 LBL | $0.2467 | $0.2523 | -2.18% |
| 500 LBL | $1.23 | $1.26 | -2.18% |
| 1000 LBL | $2.47 | $2.52 | -2.18% |
Today vs. 1 month ago
| Amount | 03:41 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LBL | $0.001234 | $0.001356 | -8.98% |
| 1 LBL | $0.002467 | $0.002712 | -8.98% |
| 5 LBL | $0.01234 | $0.01356 | -8.98% |
| 10 LBL | $0.02467 | $0.02712 | -8.98% |
| 50 LBL | $0.1234 | $0.1356 | -8.98% |
| 100 LBL | $0.2467 | $0.2712 | -8.98% |
| 500 LBL | $1.23 | $1.36 | -8.98% |
| 1000 LBL | $2.47 | $2.71 | -8.98% |
Today vs. 1 year ago
| Amount | 03:41 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LBL | $0.001234 | $0.0009729 | +26.71% |
| 1 LBL | $0.002467 | $0.001946 | +26.71% |
| 5 LBL | $0.01234 | $0.009729 | +26.71% |
| 10 LBL | $0.02467 | $0.01946 | +26.71% |
| 50 LBL | $0.1234 | $0.09729 | +26.71% |
| 100 LBL | $0.2467 | $0.1946 | +26.71% |
| 500 LBL | $1.23 | $0.9729 | +26.71% |
| 1000 LBL | $2.47 | $1.95 | +26.71% |
LABEL AI price prediction
What will the price of LBL be in 2025?
Based on LBL's historical price performance prediction model, the price of LBL is projected to reach $0.003976 in 2025.
What will the price of LBL be in 2030?
In 2030, the LBL price is expected to change by +1.00%. By the end of 2030, the LBL price is projected to reach $0.009753, with a cumulative ROI of +288.58%.
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Popular LABEL AI conversions
Check out these popular currency conversions of LABEL AI to several fiat currencies.
LABEL AI to USD
1 LBL to $ 0.002467 USD
LABEL AI to GBP
1 LBL to £ 0.001955 GBP
LABEL AI to EUR
1 LBL to € 0.002340 EUR
LABEL AI to KRW
1 LBL to ₩ 3.44 KRW
LABEL AI to CAD
1 LBL to $ 0.003479 CAD
LABEL AI to AUD
1 LBL to $ 0.003819 AUD
LABEL AI to JPY
1 LBL to ¥ 0.3808 JPY
LABEL AI to BRL
1 LBL to R$ 0.01430 BRL
LABEL AI to CNY
1 LBL to ¥ 0.01786 CNY
LABEL AI to TWD
1 LBL to NT$ 0.08014 TWD
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Explore other cryptocurrencies based on your interest in LABEL AI.
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1 FLOKI to ر.س 0.0009255 SAR
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1 BOME to ر.س 0.03629 SAR
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1 NEIRO to ر.س -- SAR
ConstitutionDAO to SAR
1 PEOPLE to ر.س 0.2321 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 5.74 SAR
Turbo to SAR
1 TURBO to ر.س 0.03227 SAR
Cardano to SAR
1 ADA to ر.س 2.69 SAR
Hooked Protocol to SAR
1 HOOK to ر.س 1.5 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.31 SAR
Aevo to SAR
1 AEVO to ر.س 1.35 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 LABEL AI 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 LABEL AI 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 LABEL AI 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.
