MFG
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 Smart MFG(MFG) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 MFG at a value of 1 MFG 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 Smart MFG currency pair is the MFG to SAR, with for Smart MFG's currency code being MFG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
MFG to SAR conversion rate trend
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In the past 1D, Smart MFG has changed +0.76% to SAR. Based on the trend and price charts, Smart MFG(MFG) has changed +0.76% to SAR while Saudi Riyal(SAR) has changed % to MFG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.006512 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/31 16:34:24(UTC+0)
How to buy Smart MFG
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Smart MFG (MFG)
Use a variety of payment options to buy Smart MFG on Bitget. We'll show you how.
Buy MFG (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of MFG with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy MFG 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 MFG (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of MFG to SAR. However, you can first exchange MFG 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 Smart MFG to Saudi Riyal?
Smart MFG to Saudi Riyal is falling this week.Smart MFG's current market price is ر.س 0.006397 per MFG, with a total market cap of ر.س 0 SAR based on a circulating supply of -- MFG. The trading volume of Smart MFG has changed by -1.33% (ر.س -1.27 SAR) in the last 24 hours. Last trading day, MFG's trading volume was ر.س 95.82.
Market cap
$0
24h volume
$25.17142245
Circulating supply
0 MFG
Conversion tables
The exchange rate of Smart MFG is decreasing.1 MFG is currently valued at ر.س 0.006397 SAR , which means buying 5 MFG will cost ر.س 0.03199 SAR . Similarly, ر.س1 SAR can be traded for 156.31 MFG, and ر.س50 SAR can be converted to 7,815.58 MFG, excluding any platform or gas fees.
The exchange rate of 1 MFG to Saudi Riyal has changed by -41.86% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.76%, reaching a high of 0.001902 SAR and a low of 0.001808 SAR . One month ago, the value of 1 MFG was ر.س 0.008773 SAR , which represents a -55.80% change from its current value. Over the last year, Smart MFG has changed by , resulting in a change of -91.38% in its value.
-ر.س
0.01994SARMFG to SAR
Amount
21:52 today
0.5 MFG
ر.س0.003199
1 MFG
ر.س0.006397
5 MFG
ر.س0.03199
10 MFG
ر.س0.06397
50 MFG
ر.س0.3199
100 MFG
ر.س0.6397
500 MFG
ر.س3.2
1000 MFG
ر.س6.4
SAR to MFG
Amount21:52 today
0.5SAR78.16 MFG
1SAR156.31 MFG
5SAR781.56 MFG
10SAR1,563.12 MFG
50SAR7,815.58 MFG
100SAR15,631.17 MFG
500SAR78,155.83 MFG
1000SAR156,311.65 MFG
Today vs. 24 hours ago
| Amount | 21:52 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MFG | $0.0008515 | $0.0008497 | +0.76% |
| 1 MFG | $0.001703 | $0.001699 | +0.76% |
| 5 MFG | $0.008515 | $0.008497 | +0.76% |
| 10 MFG | $0.01703 | $0.01699 | +0.76% |
| 50 MFG | $0.08515 | $0.08497 | +0.76% |
| 100 MFG | $0.1703 | $0.1699 | +0.76% |
| 500 MFG | $0.8515 | $0.8497 | +0.76% |
| 1000 MFG | $1.7 | $1.7 | +0.76% |
Today vs. 1 month ago
| Amount | 21:52 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MFG | $0.0008515 | $0.001168 | -55.80% |
| 1 MFG | $0.001703 | $0.002336 | -55.80% |
| 5 MFG | $0.008515 | $0.01168 | -55.80% |
| 10 MFG | $0.01703 | $0.02336 | -55.80% |
| 50 MFG | $0.08515 | $0.1168 | -55.80% |
| 100 MFG | $0.1703 | $0.2336 | -55.80% |
| 500 MFG | $0.8515 | $1.17 | -55.80% |
| 1000 MFG | $1.7 | $2.34 | -55.80% |
Today vs. 1 year ago
| Amount | 21:52 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MFG | $0.0008515 | $0.003505 | -91.38% |
| 1 MFG | $0.001703 | $0.007011 | -91.38% |
| 5 MFG | $0.008515 | $0.03505 | -91.38% |
| 10 MFG | $0.01703 | $0.07011 | -91.38% |
| 50 MFG | $0.08515 | $0.3505 | -91.38% |
| 100 MFG | $0.1703 | $0.7011 | -91.38% |
| 500 MFG | $0.8515 | $3.51 | -91.38% |
| 1000 MFG | $1.7 | $7.01 | -91.38% |
Smart MFG price prediction
What will the price of MFG be in 2025?
Based on MFG's historical price performance prediction model, the price of MFG is projected to reach $0.002158 in 2025.
What will the price of MFG be in 2030?
In 2030, the MFG price is expected to change by +5.00%. By the end of 2030, the MFG price is projected to reach $0.003367, with a cumulative ROI of +92.56%.
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Popular Smart MFG conversions
Check out these popular currency conversions of Smart MFG to several fiat currencies.
Smart MFG to USD
1 MFG to $ 0.001703 USD
Smart MFG to GBP
1 MFG to £ 0.001361 GBP
Smart MFG to EUR
1 MFG to € 0.001645 EUR
Smart MFG to KRW
1 MFG to ₩ 2.52 KRW
Smart MFG to CAD
1 MFG to $ 0.002451 CAD
Smart MFG to AUD
1 MFG to $ 0.002754 AUD
Smart MFG to JPY
1 MFG to ¥ 0.2680 JPY
Smart MFG to BRL
1 MFG to R$ 0.01053 BRL
Smart MFG to CNY
1 MFG to ¥ 0.01246 CNY
Smart MFG to TWD
1 MFG to NT$ 0.05578 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Smart MFG.
Pepe to SAR
1 PEPE to ر.س 0.{4}7738 SAR
Bitcoin to SAR
1 BTC to ر.س 351,870.5 SAR
Solana to SAR
1 SOL to ر.س 723.83 SAR
Virtuals Protocol to SAR
1 VIRTUAL to ر.س 15.01 SAR
BNB to SAR
1 BNB to ر.س 2,634.51 SAR
Drift to SAR
1 DRIFT to ر.س 5.26 SAR
Movement to SAR
1 MOVE to ر.س 3.23 SAR
Usual to SAR
1 USUAL to ر.س 3.4 SAR
Sui to SAR
1 SUI to ر.س 15.77 SAR
dogwifhat to SAR
1 WIF to ر.س 7.08 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 Smart MFG 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 Smart MFG 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 Smart MFG 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.
