VEIL
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 Veil(VEIL) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 VEIL at a value of 1 VEIL for 0.02 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 Veil currency pair is the VEIL to SAR, with for Veil's currency code being VEIL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
VEIL to SAR conversion rate trend
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In the past 1D, Veil has changed -1.15% to SAR. Based on the trend and price charts, Veil(VEIL) has changed -1.15% to SAR while Saudi Riyal(SAR) has changed % to VEIL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.02151 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/14 16:31:22(UTC+0)
How to buy Veil
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Veil (VEIL)
Use a variety of payment options to buy Veil on Bitget. We'll show you how.
Buy VEIL (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of VEIL with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy VEIL 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 VEIL (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of VEIL to SAR. However, you can first exchange VEIL 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 Veil to Saudi Riyal?
Veil to Saudi Riyal is rising this week.Veil's current market price is ر.س 0.02145 per VEIL, with a total market cap of ر.س 1,846,552.82 SAR based on a circulating supply of 86,077,880 VEIL. The trading volume of Veil has changed by -0.58% (ر.س -0.43 SAR) in the last 24 hours. Last trading day, VEIL's trading volume was ر.س 74.28.
Market cap
$491.63K
24h volume
$19.66194836
Circulating supply
86.08M VEIL
Conversion tables
The exchange rate of Veil is increasing.1 VEIL is currently valued at ر.س 0.02145 SAR , which means buying 5 VEIL will cost ر.س 0.1073 SAR . Similarly, ر.س1 SAR can be traded for 46.62 VEIL, and ر.س50 SAR can be converted to 2,330.77 VEIL, excluding any platform or gas fees.
The exchange rate of 1 VEIL to Saudi Riyal has changed by +54.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.15%, reaching a high of 0.02223 SAR and a low of 0.02125 SAR . One month ago, the value of 1 VEIL was ر.س 0.01705 SAR , which represents a +25.84% change from its current value. Over the last year, Veil has changed by , resulting in a change of -25.40% in its value.
-ر.س
0.007299SARVEIL to SAR
Amount
22:12 today
0.5 VEIL
ر.س0.01073
1 VEIL
ر.س0.02145
5 VEIL
ر.س0.1073
10 VEIL
ر.س0.2145
50 VEIL
ر.س1.07
100 VEIL
ر.س2.15
500 VEIL
ر.س10.73
1000 VEIL
ر.س21.45
SAR to VEIL
Amount22:12 today
0.5SAR23.31 VEIL
1SAR46.62 VEIL
5SAR233.08 VEIL
10SAR466.15 VEIL
50SAR2,330.77 VEIL
100SAR4,661.54 VEIL
500SAR23,307.72 VEIL
1000SAR46,615.44 VEIL
Today vs. 24 hours ago
| Amount | 22:12 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VEIL | $0.002856 | $0.002889 | -1.15% |
| 1 VEIL | $0.005711 | $0.005778 | -1.15% |
| 5 VEIL | $0.02856 | $0.02889 | -1.15% |
| 10 VEIL | $0.05711 | $0.05778 | -1.15% |
| 50 VEIL | $0.2856 | $0.2889 | -1.15% |
| 100 VEIL | $0.5711 | $0.5778 | -1.15% |
| 500 VEIL | $2.86 | $2.89 | -1.15% |
| 1000 VEIL | $5.71 | $5.78 | -1.15% |
Today vs. 1 month ago
| Amount | 22:12 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VEIL | $0.002856 | $0.002270 | +25.84% |
| 1 VEIL | $0.005711 | $0.004539 | +25.84% |
| 5 VEIL | $0.02856 | $0.02270 | +25.84% |
| 10 VEIL | $0.05711 | $0.04539 | +25.84% |
| 50 VEIL | $0.2856 | $0.2270 | +25.84% |
| 100 VEIL | $0.5711 | $0.4539 | +25.84% |
| 500 VEIL | $2.86 | $2.27 | +25.84% |
| 1000 VEIL | $5.71 | $4.54 | +25.84% |
Today vs. 1 year ago
| Amount | 22:12 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VEIL | $0.002856 | $0.003827 | -25.40% |
| 1 VEIL | $0.005711 | $0.007655 | -25.40% |
| 5 VEIL | $0.02856 | $0.03827 | -25.40% |
| 10 VEIL | $0.05711 | $0.07655 | -25.40% |
| 50 VEIL | $0.2856 | $0.3827 | -25.40% |
| 100 VEIL | $0.5711 | $0.7655 | -25.40% |
| 500 VEIL | $2.86 | $3.83 | -25.40% |
| 1000 VEIL | $5.71 | $7.65 | -25.40% |
Veil price prediction
What will the price of VEIL be in 2025?
Based on VEIL's historical price performance prediction model, the price of VEIL is projected to reach $0.0003061 in 2025.
What will the price of VEIL be in 2030?
In 2030, the VEIL price is expected to change by -8.00%. By the end of 2030, the VEIL price is projected to reach $0.0004993, with a cumulative ROI of -92.44%.
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Popular Veil conversions
Check out these popular currency conversions of Veil to several fiat currencies.
Veil to USD
1 VEIL to $ 0.005711 USD
Veil to GBP
1 VEIL to £ 0.004509 GBP
Veil to EUR
1 VEIL to € 0.005423 EUR
Veil to KRW
1 VEIL to ₩ 8.03 KRW
Veil to CAD
1 VEIL to $ 0.008030 CAD
Veil to AUD
1 VEIL to $ 0.008849 AUD
Veil to JPY
1 VEIL to ¥ 0.8926 JPY
Veil to BRL
1 VEIL to R$ 0.03309 BRL
Veil to CNY
1 VEIL to ¥ 0.04139 CNY
Veil to TWD
1 VEIL to NT$ 0.1862 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Veil.
EGO to SAR
1 EGO to ر.س 0.08926 SAR
Credefi to SAR
1 CREDI to ر.س 0.05675 SAR
XODEX to SAR
1 XODEX to ر.س 0.001311 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 6.63 SAR
dogwifhat to SAR
1 WIF to ر.س 14.47 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}8291 SAR
Mog Coin to SAR
1 MOG to ر.س 0.{5}9231 SAR
Bitcoin to SAR
1 BTC to ر.س 331,294.16 SAR
Popcat (SOL) to SAR
1 POPCAT to ر.س 6.7 SAR
SolarX to SAR
1 SXCH to ر.س 0.08010 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 Veil 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 Veil 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 Veil 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.
