LABS
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 LABS Group(LABS) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 LABS at a value of 1 LABS for 0.00 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 LABS Group currency pair is the LABS to SAR, with for LABS Group's currency code being LABS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
LABS to SAR conversion rate trend
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In the past 1D, LABS Group has changed -7.32% to SAR. Based on the trend and price charts, LABS Group(LABS) has changed -7.32% to SAR while Saudi Riyal(SAR) has changed % to LABS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.0003700 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س0.0003677 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.0003283 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/04 01:00:15(UTC+0)
How to buy LABS Group
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy LABS Group (LABS)
Use a variety of payment options to buy LABS Group on Bitget. We'll show you how.
Buy LABS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of LABS with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy LABS 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 LABS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of LABS to SAR. However, you can first exchange LABS 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 LABS Group to Saudi Riyal?
LABS Group to Saudi Riyal is falling this week.LABS Group's current market price is ر.س 0.0003715 per LABS, with a total market cap of ر.س 823,579.46 SAR based on a circulating supply of 2,216,879,600 LABS. The trading volume of LABS Group has changed by -21.98% (ر.س -33,609.03 SAR) in the last 24 hours. Last trading day, LABS's trading volume was ر.س 152,921.25.
Market cap
$219.25K
24h volume
$31.76K
Circulating supply
2.22B LABS
Conversion tables
The exchange rate of LABS Group is decreasing.1 LABS is currently valued at ر.س 0.0003715 SAR , which means buying 5 LABS will cost ر.س 0.001858 SAR . Similarly, ر.س1 SAR can be traded for 2,691.76 LABS, and ر.س50 SAR can be converted to 134,588.08 LABS, excluding any platform or gas fees.
The exchange rate of 1 LABS to Saudi Riyal has changed by -29.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.32%, reaching a high of 0.0003967 SAR and a low of 0.0003594 SAR . One month ago, the value of 1 LABS was ر.س 0.0003772 SAR , which represents a -1.51% change from its current value. Over the last year, LABS Group has changed by , resulting in a change of -79.98% in its value.
-ر.س
0.001475SARLABS to SAR
Amount
16:52 today
0.5 LABS
ر.س0.0001858
1 LABS
ر.س0.0003715
5 LABS
ر.س0.001858
10 LABS
ر.س0.003715
50 LABS
ر.س0.01858
100 LABS
ر.س0.03715
500 LABS
ر.س0.1858
1000 LABS
ر.س0.3715
SAR to LABS
Amount16:52 today
0.5SAR1,345.88 LABS
1SAR2,691.76 LABS
5SAR13,458.81 LABS
10SAR26,917.62 LABS
50SAR134,588.08 LABS
100SAR269,176.16 LABS
500SAR1,345,880.78 LABS
1000SAR2,691,761.57 LABS
Today vs. 24 hours ago
| Amount | 16:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LABS | $0.{4}4945 | $0.{4}5333 | -7.32% |
| 1 LABS | $0.{4}9890 | $0.0001067 | -7.32% |
| 5 LABS | $0.0004945 | $0.0005333 | -7.32% |
| 10 LABS | $0.0009890 | $0.001067 | -7.32% |
| 50 LABS | $0.004945 | $0.005333 | -7.32% |
| 100 LABS | $0.009890 | $0.01067 | -7.32% |
| 500 LABS | $0.04945 | $0.05333 | -7.32% |
| 1000 LABS | $0.09890 | $0.1067 | -7.32% |
Today vs. 1 month ago
| Amount | 16:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LABS | $0.{4}4945 | $0.{4}5021 | -1.51% |
| 1 LABS | $0.{4}9890 | $0.0001004 | -1.51% |
| 5 LABS | $0.0004945 | $0.0005021 | -1.51% |
| 10 LABS | $0.0009890 | $0.001004 | -1.51% |
| 50 LABS | $0.004945 | $0.005021 | -1.51% |
| 100 LABS | $0.009890 | $0.01004 | -1.51% |
| 500 LABS | $0.04945 | $0.05021 | -1.51% |
| 1000 LABS | $0.09890 | $0.1004 | -1.51% |
Today vs. 1 year ago
| Amount | 16:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LABS | $0.{4}4945 | $0.0002457 | -79.98% |
| 1 LABS | $0.{4}9890 | $0.0004915 | -79.98% |
| 5 LABS | $0.0004945 | $0.002457 | -79.98% |
| 10 LABS | $0.0009890 | $0.004915 | -79.98% |
| 50 LABS | $0.004945 | $0.02457 | -79.98% |
| 100 LABS | $0.009890 | $0.04915 | -79.98% |
| 500 LABS | $0.04945 | $0.2457 | -79.98% |
| 1000 LABS | $0.09890 | $0.4915 | -79.98% |
LABS Group price prediction
What will the price of LABS be in 2025?
Based on LABS's historical price performance prediction model, the price of LABS is projected to reach $0.0001858 in 2025.
What will the price of LABS be in 2030?
In 2030, the LABS price is expected to change by +1.00%. By the end of 2030, the LABS price is projected to reach $0.0003280, with a cumulative ROI of +236.81%.
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Popular LABS Group conversions
Check out these popular currency conversions of LABS Group to several fiat currencies.
LABS Group to USD
1 LABS to $ 0.{4}9890 USD
LABS Group to GBP
1 LABS to £ 0.{4}7870 GBP
LABS Group to EUR
1 LABS to € 0.{4}9482 EUR
LABS Group to KRW
1 LABS to ₩ 0.1431 KRW
LABS Group to CAD
1 LABS to $ 0.0001420 CAD
LABS Group to AUD
1 LABS to $ 0.0001582 AUD
LABS Group to JPY
1 LABS to ¥ 0.01547 JPY
LABS Group to BRL
1 LABS to R$ 0.0006019 BRL
LABS Group to CNY
1 LABS to ¥ 0.0007217 CNY
LABS Group to TWD
1 LABS to NT$ 0.003227 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in LABS Group.
Hive to SAR
1 HIVE to ر.س 1.35 SAR
IDEX to SAR
1 IDEX to ر.س 0.2279 SAR
BitTorrent [New] to SAR
1 BTT to ر.س 0.{5}4224 SAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to SAR
1 SHOGGOTH to ر.س 0.1798 SAR
.png)
DeXe to SAR
1 DEXE to ر.س 38.07 SAR
HEX (PulseChain) to SAR
1 HEX to ر.س 0.05541 SAR
Livepeer to SAR
1 LPT to ر.س 58.7 SAR
Hunt Town to SAR
1 HUNT to ر.س 1.31 SAR
Chintai to SAR
1 CHEX to ر.س 2.11 SAR
Adventure Gold to SAR
1 AGLD to ر.س 6.09 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 LABS Group 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 LABS Group 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 LABS Group 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.
