VARC
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 VARC(VARC) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 VARC at a value of 1 VARC 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 VARC currency pair is the VARC to SAR, with for VARC's currency code being VARC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
VARC to SAR conversion rate trend
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In the past 1D, VARC has changed -1.14% to SAR. Based on the trend and price charts, VARC(VARC) has changed -1.14% to SAR while Saudi Riyal(SAR) has changed % to VARC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.001671 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/23 16:35:16(UTC+0)
How to buy VARC
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy VARC (VARC)
Use a variety of payment options to buy VARC on Bitget. We'll show you how.
Buy VARC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of VARC with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy VARC 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 VARC (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of VARC to SAR. However, you can first exchange VARC 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 VARC to Saudi Riyal?
VARC to Saudi Riyal is falling this week.VARC's current market price is ر.س 0.001671 per VARC, with a total market cap of ر.س 0 SAR based on a circulating supply of -- VARC. The trading volume of VARC has changed by 0.00% (ر.س 0 SAR) in the last 24 hours. Last trading day, VARC's trading volume was ر.س 0.
Market cap
$0
24h volume
$0
Circulating supply
0 VARC
Conversion tables
The exchange rate of VARC is decreasing.1 VARC is currently valued at ر.س 0.001671 SAR , which means buying 5 VARC will cost ر.س 0.008353 SAR . Similarly, ر.س1 SAR can be traded for 598.59 VARC, and ر.س50 SAR can be converted to 29,929.48 VARC, excluding any platform or gas fees.
The exchange rate of 1 VARC to Saudi Riyal has changed by -5.65% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.14%, reaching a high of 0.001888 SAR and a low of 0.001846 SAR . One month ago, the value of 1 VARC was ر.س 0.001690 SAR , which represents a -1.03% change from its current value. Over the last year, VARC has changed by , resulting in a change of +143.40% in its value.
+ر.س
0.001090SARVARC to SAR
Amount
18:59 today
0.5 VARC
ر.س0.0008353
1 VARC
ر.س0.001671
5 VARC
ر.س0.008353
10 VARC
ر.س0.01671
50 VARC
ر.س0.08353
100 VARC
ر.س0.1671
500 VARC
ر.س0.8353
1000 VARC
ر.س1.67
SAR to VARC
Amount18:59 today
0.5SAR299.29 VARC
1SAR598.59 VARC
5SAR2,992.95 VARC
10SAR5,985.9 VARC
50SAR29,929.48 VARC
100SAR59,858.96 VARC
500SAR299,294.8 VARC
1000SAR598,589.6 VARC
Today vs. 24 hours ago
| Amount | 18:59 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VARC | $0.0002224 | $0.0002252 | -1.14% |
| 1 VARC | $0.0004447 | $0.0004504 | -1.14% |
| 5 VARC | $0.002224 | $0.002252 | -1.14% |
| 10 VARC | $0.004447 | $0.004504 | -1.14% |
| 50 VARC | $0.02224 | $0.02252 | -1.14% |
| 100 VARC | $0.04447 | $0.04504 | -1.14% |
| 500 VARC | $0.2224 | $0.2252 | -1.14% |
| 1000 VARC | $0.4447 | $0.4504 | -1.14% |
Today vs. 1 month ago
| Amount | 18:59 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VARC | $0.0002224 | $0.0002249 | -1.03% |
| 1 VARC | $0.0004447 | $0.0004499 | -1.03% |
| 5 VARC | $0.002224 | $0.002249 | -1.03% |
| 10 VARC | $0.004447 | $0.004499 | -1.03% |
| 50 VARC | $0.02224 | $0.02249 | -1.03% |
| 100 VARC | $0.04447 | $0.04499 | -1.03% |
| 500 VARC | $0.2224 | $0.2249 | -1.03% |
| 1000 VARC | $0.4447 | $0.4499 | -1.03% |
Today vs. 1 year ago
| Amount | 18:59 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VARC | $0.0002224 | $0.{4}7733 | +143.40% |
| 1 VARC | $0.0004447 | $0.0001547 | +143.40% |
| 5 VARC | $0.002224 | $0.0007733 | +143.40% |
| 10 VARC | $0.004447 | $0.001547 | +143.40% |
| 50 VARC | $0.02224 | $0.007733 | +143.40% |
| 100 VARC | $0.04447 | $0.01547 | +143.40% |
| 500 VARC | $0.2224 | $0.07733 | +143.40% |
| 1000 VARC | $0.4447 | $0.1547 | +143.40% |
VARC price prediction
What will the price of VARC be in 2025?
Based on VARC's historical price performance prediction model, the price of VARC is projected to reach $0.0009695 in 2025.
What will the price of VARC be in 2030?
In 2030, the VARC price is expected to change by -4.00%. By the end of 2030, the VARC price is projected to reach $0.001640, with a cumulative ROI of +268.78%.
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Popular VARC conversions
Check out these popular currency conversions of VARC to several fiat currencies.
VARC to USD
1 VARC to $ 0.0004447 USD
VARC to GBP
1 VARC to £ 0.0003554 GBP
VARC to EUR
1 VARC to € 0.0004277 EUR
VARC to KRW
1 VARC to ₩ 0.6458 KRW
VARC to CAD
1 VARC to $ 0.0006410 CAD
VARC to AUD
1 VARC to $ 0.0007140 AUD
VARC to JPY
1 VARC to ¥ 0.06991 JPY
VARC to BRL
1 VARC to R$ 0.002747 BRL
VARC to CNY
1 VARC to ¥ 0.003248 CNY
VARC to TWD
1 VARC to NT$ 0.01455 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in VARC.
Bitcoin to SAR
1 BTC to ر.س 348,365.19 SAR
Aave to SAR
1 AAVE to ر.س 1,322.23 SAR
Ethereum to SAR
1 ETH to ر.س 12,396 SAR
BNB to SAR
1 BNB to ر.س 2,556.57 SAR
Frax Share to SAR
1 FXS to ر.س 11.84 SAR
Hedera to SAR
1 HBAR to ر.س 1.01 SAR
Chainlink to SAR
1 LINK to ر.س 84.01 SAR
Algorand to SAR
1 ALGO to ر.س 1.33 SAR
QuarkChain to SAR
1 QKC to ر.س 0.04202 SAR
Virtuals Protocol to SAR
1 VIRTUAL to ر.س 10.1 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 VARC 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 VARC 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 VARC 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.
