VEMP
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 VEMP(VEMP) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 VEMP at a value of 1 VEMP 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 VEMP currency pair is the VEMP to SAR, with for VEMP's currency code being VEMP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
VEMP to SAR conversion rate trend
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In the past 1D, VEMP has changed +3.37% to SAR. Based on the trend and price charts, VEMP(VEMP) has changed +3.37% to SAR while Saudi Riyal(SAR) has changed % to VEMP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.01149 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ر.س0.01191 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س0.01158 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.01153 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/16 08:00:18(UTC+0)
How to buy VEMP
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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy VEMP (VEMP)
Use a variety of payment options to buy VEMP on Bitget. We'll show you how.
Buy VEMP (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of VEMP with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy VEMP 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 VEMP (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of VEMP to SAR. However, you can first exchange VEMP 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 VEMP to Saudi Riyal?
VEMP to Saudi Riyal is falling this week.VEMP's current market price is ر.س 0.01194 per VEMP, with a total market cap of ر.س 3,028,219.73 SAR based on a circulating supply of 253,635,520 VEMP. The trading volume of VEMP has changed by -2.44% (ر.س -1,778.41 SAR) in the last 24 hours. Last trading day, VEMP's trading volume was ر.س 73,008.26.
Market cap
$806.21K
24h volume
$18.96K
Circulating supply
253.64M VEMP
Conversion tables
The exchange rate of VEMP is increasing.1 VEMP is currently valued at ر.س 0.01194 SAR , which means buying 5 VEMP will cost ر.س 0.05970 SAR . Similarly, ر.س1 SAR can be traded for 83.76 VEMP, and ر.س50 SAR can be converted to 4,187.87 VEMP, excluding any platform or gas fees.
The exchange rate of 1 VEMP to Saudi Riyal has changed by -0.39% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.37%, reaching a high of 0.01203 SAR and a low of 0.01139 SAR . One month ago, the value of 1 VEMP was ر.س 0.01143 SAR , which represents a +4.42% change from its current value. Over the last year, VEMP has changed by , resulting in a change of -42.12% in its value.
-ر.س
0.008686SARVEMP to SAR
Amount
13:38 today
0.5 VEMP
ر.س0.005970
1 VEMP
ر.س0.01194
5 VEMP
ر.س0.05970
10 VEMP
ر.س0.1194
50 VEMP
ر.س0.5970
100 VEMP
ر.س1.19
500 VEMP
ر.س5.97
1000 VEMP
ر.س11.94
SAR to VEMP
Amount13:38 today
0.5SAR41.88 VEMP
1SAR83.76 VEMP
5SAR418.79 VEMP
10SAR837.57 VEMP
50SAR4,187.87 VEMP
100SAR8,375.73 VEMP
500SAR41,878.65 VEMP
1000SAR83,757.3 VEMP
Today vs. 24 hours ago
| Amount | 13:38 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VEMP | $0.001589 | $0.001538 | +3.37% |
| 1 VEMP | $0.003179 | $0.003075 | +3.37% |
| 5 VEMP | $0.01589 | $0.01538 | +3.37% |
| 10 VEMP | $0.03179 | $0.03075 | +3.37% |
| 50 VEMP | $0.1589 | $0.1538 | +3.37% |
| 100 VEMP | $0.3179 | $0.3075 | +3.37% |
| 500 VEMP | $1.59 | $1.54 | +3.37% |
| 1000 VEMP | $3.18 | $3.08 | +3.37% |
Today vs. 1 month ago
| Amount | 13:38 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VEMP | $0.001589 | $0.001522 | +4.42% |
| 1 VEMP | $0.003179 | $0.003044 | +4.42% |
| 5 VEMP | $0.01589 | $0.01522 | +4.42% |
| 10 VEMP | $0.03179 | $0.03044 | +4.42% |
| 50 VEMP | $0.1589 | $0.1522 | +4.42% |
| 100 VEMP | $0.3179 | $0.3044 | +4.42% |
| 500 VEMP | $1.59 | $1.52 | +4.42% |
| 1000 VEMP | $3.18 | $3.04 | +4.42% |
Today vs. 1 year ago
| Amount | 13:38 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VEMP | $0.001589 | $0.002746 | -42.12% |
| 1 VEMP | $0.003179 | $0.005491 | -42.12% |
| 5 VEMP | $0.01589 | $0.02746 | -42.12% |
| 10 VEMP | $0.03179 | $0.05491 | -42.12% |
| 50 VEMP | $0.1589 | $0.2746 | -42.12% |
| 100 VEMP | $0.3179 | $0.5491 | -42.12% |
| 500 VEMP | $1.59 | $2.75 | -42.12% |
| 1000 VEMP | $3.18 | $5.49 | -42.12% |
VEMP price prediction
What will the price of VEMP be in 2025?
Based on VEMP's historical price performance prediction model, the price of VEMP is projected to reach $0.005109 in 2025.
What will the price of VEMP be in 2030?
In 2030, the VEMP price is expected to change by +10.00%. By the end of 2030, the VEMP price is projected to reach $0.007970, with a cumulative ROI of +156.54%.
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Popular VEMP conversions
Check out these popular currency conversions of VEMP to several fiat currencies.
VEMP to USD
1 VEMP to $ 0.003179 USD
VEMP to GBP
1 VEMP to £ 0.002519 GBP
VEMP to EUR
1 VEMP to € 0.003014 EUR
VEMP to KRW
1 VEMP to ₩ 4.44 KRW
VEMP to CAD
1 VEMP to $ 0.004482 CAD
VEMP to AUD
1 VEMP to $ 0.004920 AUD
VEMP to JPY
1 VEMP to ¥ 0.4906 JPY
VEMP to BRL
1 VEMP to R$ 0.01843 BRL
VEMP to CNY
1 VEMP to ¥ 0.02300 CNY
VEMP to TWD
1 VEMP to NT$ 0.1032 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in VEMP.
FLOKI to SAR
1 FLOKI to ر.س 0.0009159 SAR
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1 BOME to ر.س 0.03958 SAR
Neiro (First Neiro On Ethereum) to SAR
1 NEIRO to ر.س -- SAR
ConstitutionDAO to SAR
1 PEOPLE to ر.س 0.2455 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 6.84 SAR
Turbo to SAR
1 TURBO to ر.س 0.03473 SAR
Cardano to SAR
1 ADA to ر.س 2.84 SAR
Hooked Protocol to SAR
1 HOOK to ر.س 1.55 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.41 SAR
Aevo to SAR
1 AEVO to ر.س 1.38 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 VEMP 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 VEMP 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 VEMP 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.
