AXE
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 Axe(AXE) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 AXE at a value of 1 AXE for 0.07 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 Axe currency pair is the AXE to SAR, with for Axe's currency code being AXE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
AXE to SAR conversion rate trend
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In the past 1D, Axe has changed -1.29% to SAR. Based on the trend and price charts, Axe(AXE) has changed -1.29% to SAR while Saudi Riyal(SAR) has changed % to AXE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.07248 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 16:31:38(UTC+0)
How to buy Axe
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Buy Axe (AXE)
Use a variety of payment options to buy Axe on Bitget. We'll show you how.
Buy AXE (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of AXE with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy AXE 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 AXE (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of AXE to SAR. However, you can first exchange AXE 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 Axe to Saudi Riyal?
Axe to Saudi Riyal is rising this week.Axe's current market price is ر.س 0.07238 per AXE, with a total market cap of ر.س 380,802.48 SAR based on a circulating supply of 5,260,968 AXE. The trading volume of Axe has changed by -69.78% (ر.س -3.33 SAR) in the last 24 hours. Last trading day, AXE's trading volume was ر.س 4.77.
Market cap
$101.43K
24h volume
$0.38365316
Circulating supply
5.26M AXE
Conversion tables
The exchange rate of Axe is increasing.1 AXE is currently valued at ر.س 0.07238 SAR , which means buying 5 AXE will cost ر.س 0.3619 SAR . Similarly, ر.س1 SAR can be traded for 13.82 AXE, and ر.س50 SAR can be converted to 690.77 AXE, excluding any platform or gas fees.
The exchange rate of 1 AXE to Saudi Riyal has changed by +113.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.29%, reaching a high of 0.07405 SAR and a low of 0.07195 SAR . One month ago, the value of 1 AXE was ر.س 0.002509 SAR , which represents a +2780.38% change from its current value. Over the last year, Axe has changed by , resulting in a change of +409.58% in its value.
+ر.س
0.05818SARAXE to SAR
Amount
20:09 today
0.5 AXE
ر.س0.03619
1 AXE
ر.س0.07238
5 AXE
ر.س0.3619
10 AXE
ر.س0.7238
50 AXE
ر.س3.62
100 AXE
ر.س7.24
500 AXE
ر.س36.19
1000 AXE
ر.س72.38
SAR to AXE
Amount20:09 today
0.5SAR6.91 AXE
1SAR13.82 AXE
5SAR69.08 AXE
10SAR138.15 AXE
50SAR690.77 AXE
100SAR1,381.55 AXE
500SAR6,907.74 AXE
1000SAR13,815.48 AXE
Today vs. 24 hours ago
| Amount | 20:09 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 AXE | $0.009640 | $0.009765 | -1.29% |
| 1 AXE | $0.01928 | $0.01953 | -1.29% |
| 5 AXE | $0.09640 | $0.09765 | -1.29% |
| 10 AXE | $0.1928 | $0.1953 | -1.29% |
| 50 AXE | $0.9640 | $0.9765 | -1.29% |
| 100 AXE | $1.93 | $1.95 | -1.29% |
| 500 AXE | $9.64 | $9.77 | -1.29% |
| 1000 AXE | $19.28 | $19.53 | -1.29% |
Today vs. 1 month ago
| Amount | 20:09 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 AXE | $0.009640 | $0.0003342 | +2780.38% |
| 1 AXE | $0.01928 | $0.0006684 | +2780.38% |
| 5 AXE | $0.09640 | $0.003342 | +2780.38% |
| 10 AXE | $0.1928 | $0.006684 | +2780.38% |
| 50 AXE | $0.9640 | $0.03342 | +2780.38% |
| 100 AXE | $1.93 | $0.06684 | +2780.38% |
| 500 AXE | $9.64 | $0.3342 | +2780.38% |
| 1000 AXE | $19.28 | $0.6684 | +2780.38% |
Today vs. 1 year ago
| Amount | 20:09 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 AXE | $0.009640 | $0.001891 | +409.58% |
| 1 AXE | $0.01928 | $0.003783 | +409.58% |
| 5 AXE | $0.09640 | $0.01891 | +409.58% |
| 10 AXE | $0.1928 | $0.03783 | +409.58% |
| 50 AXE | $0.9640 | $0.1891 | +409.58% |
| 100 AXE | $1.93 | $0.3783 | +409.58% |
| 500 AXE | $9.64 | $1.89 | +409.58% |
| 1000 AXE | $19.28 | $3.78 | +409.58% |
Axe price prediction
What will the price of AXE be in 2025?
Based on AXE's historical price performance prediction model, the price of AXE is projected to reach $0.02326 in 2025.
What will the price of AXE be in 2030?
In 2030, the AXE price is expected to change by +10.00%. By the end of 2030, the AXE price is projected to reach $0.04118, with a cumulative ROI of +109.02%.
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Popular Axe conversions
Check out these popular currency conversions of Axe to several fiat currencies.
Axe to USD
1 AXE to $ 0.01928 USD
Axe to GBP
1 AXE to £ 0.01533 GBP
Axe to EUR
1 AXE to € 0.01843 EUR
Axe to KRW
1 AXE to ₩ 27.08 KRW
Axe to CAD
1 AXE to $ 0.02693 CAD
Axe to AUD
1 AXE to $ 0.02953 AUD
Axe to JPY
1 AXE to ¥ 2.97 JPY
Axe to BRL
1 AXE to R$ 0.1118 BRL
Axe to CNY
1 AXE to ¥ 0.1398 CNY
Axe to TWD
1 AXE to NT$ 0.6282 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Axe.
Bitcoin to SAR
1 BTC to ر.س 361,770.7 SAR
MAD to SAR
1 MAD to ر.س 0.0001543 SAR
XRP to SAR
1 XRP to ر.س 5.19 SAR
Stellar to SAR
1 XLM to ر.س 1.96 SAR
Kusama to SAR
1 KSM to ر.س 149.59 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.57 SAR
Hedera to SAR
1 HBAR to ر.س 0.5373 SAR
Cardano to SAR
1 ADA to ر.س 3.69 SAR
Polkadot to SAR
1 DOT to ر.س 31.9 SAR
Solana to SAR
1 SOL to ر.س 933.94 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 Axe 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 Axe 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 Axe 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.
