PAXG
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 PAX Gold(PAXG) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 PAXG at a value of 1 PAXG for 9,661.89 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 PAX Gold currency pair is the PAXG to SAR, with for PAX Gold's currency code being PAXG. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
PAXG to SAR conversion rate trend
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In the past 1D, PAX Gold has changed -0.16% to SAR. Based on the trend and price charts, PAX Gold(PAXG) has changed -0.16% to SAR while Saudi Riyal(SAR) has changed % to PAXG in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س9,643.48 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ر.س9,633.97 | 0.1000% / 0.1000% | Yes |
Bybit | ر.س9,643.61 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س9,627.62 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/14 00:00:24(UTC+0)
How to buy PAX Gold
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Buy PAX Gold (PAXG)
Use a variety of payment options to buy PAX Gold on Bitget. We'll show you how.
Learn MoreBuy PAXG (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of PAXG with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy PAXG with USDT via Bitget spot market.
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Sell PAXG (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of PAXG to SAR. However, you can first exchange PAXG 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 PAX Gold to Saudi Riyal?
PAX Gold to Saudi Riyal is falling this week.PAX Gold's current market price is ر.س 9,661.89 per PAXG, with a total market cap of ر.س 1,909,082,376.2 SAR based on a circulating supply of 197,589 PAXG. The trading volume of PAX Gold has changed by -40.06% (ر.س -62,452,732.51 SAR) in the last 24 hours. Last trading day, PAXG's trading volume was ر.س 155,903,043.55.
Market cap
$508.09M
24h volume
$24.87M
Circulating supply
197.59K PAXG
Conversion tables
The exchange rate of PAX Gold is decreasing.1 PAXG is currently valued at ر.س 9,661.89 SAR , which means buying 5 PAXG will cost ر.س 48,309.43 SAR . Similarly, ر.س1 SAR can be traded for 0.0001035 PAXG, and ر.س50 SAR can be converted to 0.005175 PAXG, excluding any platform or gas fees.
The exchange rate of 1 PAXG to Saudi Riyal has changed by -3.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.16%, reaching a high of 9,780.72 SAR and a low of 9,634.44 SAR . One month ago, the value of 1 PAXG was ر.س 9,974.68 SAR , which represents a -3.14% change from its current value. Over the last year, PAX Gold has changed by , resulting in a change of +32.28% in its value.
+ر.س
103.46SARPAXG to SAR
Amount
04:06 am today
0.5 PAXG
ر.س4,830.94
1 PAXG
ر.س9,661.89
5 PAXG
ر.س48,309.43
10 PAXG
ر.س96,618.86
50 PAXG
ر.س483,094.31
100 PAXG
ر.س966,188.62
500 PAXG
ر.س4,830,943.1
1000 PAXG
ر.س9,661,886.2
SAR to PAXG
Amount04:06 am today
0.5SAR0.{4}5175 PAXG
1SAR0.0001035 PAXG
5SAR0.0005175 PAXG
10SAR0.001035 PAXG
50SAR0.005175 PAXG
100SAR0.01035 PAXG
500SAR0.05175 PAXG
1000SAR0.1035 PAXG
Today vs. 24 hours ago
| Amount | 04:06 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PAXG | $1,285.71 | $1,287.76 | -0.16% |
| 1 PAXG | $2,571.43 | $2,575.52 | -0.16% |
| 5 PAXG | $12,857.14 | $12,877.61 | -0.16% |
| 10 PAXG | $25,714.29 | $25,755.22 | -0.16% |
| 50 PAXG | $128,571.43 | $128,776.1 | -0.16% |
| 100 PAXG | $257,142.87 | $257,552.2 | -0.16% |
| 500 PAXG | $1,285,714.35 | $1,287,761 | -0.16% |
| 1000 PAXG | $2,571,428.7 | $2,575,522 | -0.16% |
Today vs. 1 month ago
| Amount | 04:06 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PAXG | $1,285.71 | $1,327.34 | -3.14% |
| 1 PAXG | $2,571.43 | $2,654.68 | -3.14% |
| 5 PAXG | $12,857.14 | $13,273.38 | -3.14% |
| 10 PAXG | $25,714.29 | $26,546.75 | -3.14% |
| 50 PAXG | $128,571.43 | $132,733.77 | -3.14% |
| 100 PAXG | $257,142.87 | $265,467.55 | -3.14% |
| 500 PAXG | $1,285,714.35 | $1,327,337.75 | -3.14% |
| 1000 PAXG | $2,571,428.7 | $2,654,675.5 | -3.14% |
Today vs. 1 year ago
| Amount | 04:06 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PAXG | $1,285.71 | $971.95 | +32.28% |
| 1 PAXG | $2,571.43 | $1,943.89 | +32.28% |
| 5 PAXG | $12,857.14 | $9,719.46 | +32.28% |
| 10 PAXG | $25,714.29 | $19,438.93 | +32.28% |
| 50 PAXG | $128,571.43 | $97,194.64 | +32.28% |
| 100 PAXG | $257,142.87 | $194,389.28 | +32.28% |
| 500 PAXG | $1,285,714.35 | $971,946.4 | +32.28% |
| 1000 PAXG | $2,571,428.7 | $1,943,892.8 | +32.28% |
PAX Gold price prediction
What will the price of PAXG be in 2025?
Based on PAXG's historical price performance prediction model, the price of PAXG is projected to reach $2,894.17 in 2025.
What will the price of PAXG be in 2030?
In 2030, the PAXG price is expected to change by -10.00%. By the end of 2030, the PAXG price is projected to reach $4,045.43, with a cumulative ROI of +56.19%.
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Popular PAX Gold conversions
Check out these popular currency conversions of PAX Gold to several fiat currencies.
PAX Gold to USD
1 PAXG to $ 2,571.43 USD
PAX Gold to GBP
1 PAXG to £ 2,027.31 GBP
PAX Gold to EUR
1 PAXG to € 2,437.71 EUR
PAX Gold to KRW
1 PAXG to ₩ 3,616,944.61 KRW
PAX Gold to CAD
1 PAXG to $ 3,602.57 CAD
PAX Gold to AUD
1 PAXG to $ 3,974.4 AUD
PAX Gold to JPY
1 PAXG to ¥ 401,009.16 JPY
PAX Gold to BRL
1 PAXG to R$ 14,929.72 BRL
PAX Gold to CNY
1 PAXG to ¥ 18,609.17 CNY
PAX Gold to TWD
1 PAXG to NT$ 83,775.09 TWD
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1 STRUMP to ر.س 0.01175 SAR
Bitcoin to SAR
1 BTC to ر.س 337,595.21 SAR
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1 SXCH to ر.س -- SAR
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1 DOGE to ر.س 1.45 SAR
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1 SOL to ر.س 823.31 SAR
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1 BONK to ر.س 0.0001442 SAR
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1 ADA to ر.س 2.15 SAR
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1 FET to ر.س 4.84 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 PAX Gold 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 PAX Gold 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 PAX Gold 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.
