SOFI
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 RAI Finance(SOFI) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 SOFI at a value of 1 SOFI for 0.04 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 RAI Finance currency pair is the SOFI to SAR, with for RAI Finance's currency code being SOFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
SOFI to SAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, RAI Finance has changed +5.12% to SAR. Based on the trend and price charts, RAI Finance(SOFI) has changed +5.12% to SAR while Saudi Riyal(SAR) has changed % to SOFI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.03628 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ر.س0.03643 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 08:00:14(UTC+0)
How to buy RAI Finance
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 RAI Finance (SOFI)
Use a variety of payment options to buy RAI Finance on Bitget. We'll show you how.
Buy SOFI (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of SOFI with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy SOFI with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell SOFI (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of SOFI to SAR. However, you can first exchange SOFI 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 |
|---|
No matching ads found.
What factors influence the conversion rate of RAI Finance to Saudi Riyal?
RAI Finance to Saudi Riyal is falling this week.RAI Finance's current market price is ر.س 0.03770 per SOFI, with a total market cap of ر.س 19,849,165.89 SAR based on a circulating supply of 526,553,100 SOFI. The trading volume of RAI Finance has changed by -29.84% (ر.س -830,436.38 SAR) in the last 24 hours. Last trading day, SOFI's trading volume was ر.س 2,782,870.49.
Market cap
$5.28M
24h volume
$519.80K
Circulating supply
526.55M SOFI
Conversion tables
The exchange rate of RAI Finance is decreasing.1 SOFI is currently valued at ر.س 0.03770 SAR , which means buying 5 SOFI will cost ر.س 0.1885 SAR . Similarly, ر.س1 SAR can be traded for 26.53 SOFI, and ر.س50 SAR can be converted to 1,326.39 SOFI, excluding any platform or gas fees.
The exchange rate of 1 SOFI to Saudi Riyal has changed by -0.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.12%, reaching a high of 0.03970 SAR and a low of 0.03557 SAR . One month ago, the value of 1 SOFI was ر.س 0.04196 SAR , which represents a -10.15% change from its current value. Over the last year, RAI Finance has changed by , resulting in a change of -56.97% in its value.
-ر.س
0.04989SARSOFI to SAR
Amount
15:52 today
0.5 SOFI
ر.س0.01885
1 SOFI
ر.س0.03770
5 SOFI
ر.س0.1885
10 SOFI
ر.س0.3770
50 SOFI
ر.س1.88
100 SOFI
ر.س3.77
500 SOFI
ر.س18.85
1000 SOFI
ر.س37.7
SAR to SOFI
Amount15:52 today
0.5SAR13.26 SOFI
1SAR26.53 SOFI
5SAR132.64 SOFI
10SAR265.28 SOFI
50SAR1,326.39 SOFI
100SAR2,652.77 SOFI
500SAR13,263.86 SOFI
1000SAR26,527.72 SOFI
Today vs. 24 hours ago
| Amount | 15:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOFI | $0.005018 | $0.004774 | +5.12% |
| 1 SOFI | $0.01004 | $0.009547 | +5.12% |
| 5 SOFI | $0.05018 | $0.04774 | +5.12% |
| 10 SOFI | $0.1004 | $0.09547 | +5.12% |
| 50 SOFI | $0.5018 | $0.4774 | +5.12% |
| 100 SOFI | $1 | $0.9547 | +5.12% |
| 500 SOFI | $5.02 | $4.77 | +5.12% |
| 1000 SOFI | $10.04 | $9.55 | +5.12% |
Today vs. 1 month ago
| Amount | 15:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOFI | $0.005018 | $0.005585 | -10.15% |
| 1 SOFI | $0.01004 | $0.01117 | -10.15% |
| 5 SOFI | $0.05018 | $0.05585 | -10.15% |
| 10 SOFI | $0.1004 | $0.1117 | -10.15% |
| 50 SOFI | $0.5018 | $0.5585 | -10.15% |
| 100 SOFI | $1 | $1.12 | -10.15% |
| 500 SOFI | $5.02 | $5.58 | -10.15% |
| 1000 SOFI | $10.04 | $11.17 | -10.15% |
Today vs. 1 year ago
| Amount | 15:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOFI | $0.005018 | $0.01166 | -56.97% |
| 1 SOFI | $0.01004 | $0.02332 | -56.97% |
| 5 SOFI | $0.05018 | $0.1166 | -56.97% |
| 10 SOFI | $0.1004 | $0.2332 | -56.97% |
| 50 SOFI | $0.5018 | $1.17 | -56.97% |
| 100 SOFI | $1 | $2.33 | -56.97% |
| 500 SOFI | $5.02 | $11.66 | -56.97% |
| 1000 SOFI | $10.04 | $23.32 | -56.97% |
RAI Finance price prediction
What will the price of SOFI be in 2025?
Based on SOFI's historical price performance prediction model, the price of SOFI is projected to reach $0.01316 in 2025.
What will the price of SOFI be in 2030?
In 2030, the SOFI price is expected to change by -1.00%. By the end of 2030, the SOFI price is projected to reach $0.01888, with a cumulative ROI of +97.15%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular RAI Finance conversions
Check out these popular currency conversions of RAI Finance to several fiat currencies.
RAI Finance to USD
1 SOFI to $ 0.01004 USD
RAI Finance to GBP
1 SOFI to £ 0.007954 GBP
RAI Finance to EUR
1 SOFI to € 0.009517 EUR
RAI Finance to KRW
1 SOFI to ₩ 14.01 KRW
RAI Finance to CAD
1 SOFI to $ 0.01415 CAD
RAI Finance to AUD
1 SOFI to $ 0.01553 AUD
RAI Finance to JPY
1 SOFI to ¥ 1.55 JPY
RAI Finance to BRL
1 SOFI to R$ 0.05818 BRL
RAI Finance to CNY
1 SOFI to ¥ 0.07263 CNY
RAI Finance to TWD
1 SOFI to NT$ 0.3259 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in RAI Finance.
FLOKI to SAR
1 FLOKI to ر.س 0.0008828 SAR
BOOK OF MEME to SAR
1 BOME to ر.س 0.03759 SAR
Neiro (First Neiro On Ethereum) to SAR
1 NEIRO to ر.س -- SAR
ConstitutionDAO to SAR
1 PEOPLE to ر.س 0.2358 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 6.42 SAR
Turbo to SAR
1 TURBO to ر.س 0.03332 SAR
Cardano to SAR
1 ADA to ر.س 2.82 SAR
Hooked Protocol to SAR
1 HOOK to ر.س 1.51 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.37 SAR
Aevo to SAR
1 AEVO to ر.س 1.34 SAR
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 RAI Finance 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 RAI Finance 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 RAI Finance 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.
