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base info Obyte

Obyte to Saudi Riyal Converter and calculator

Convert 1Obyte (GBYTE) to Saudi Riyal (SAR) equals ر.س 34.17 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Obyte(GBYTE) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 GBYTE at a value of 1 GBYTE for 34.17 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Obyte currency pair is the GBYTE to SAR, with for Obyte's currency code being GBYTE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

GBYTE to SAR conversion rate trend

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In the past 1D, Obyte has changed -2.88% to SAR. Based on the trend and price charts, Obyte(GBYTE) has changed -2.88% to SAR while Saudi Riyal(SAR) has changed % to GBYTE in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س34.17
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/07/03 20:43:28(UTC+0)

How to buy Obyte

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Obyte (GBYTE)
Use a variety of payment options to buy Obyte on Bitget. We'll show you how.

Buy GBYTE (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading does not currently support direct buying of GBYTE with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy GBYTE with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
B
BGUSER-4HBCA39LVerified Merchant
88 tradesCompletion rate 88.00%
3.79 SAR
Amount101.96 USDT
Limit39 - 75.8 SAR
STC PAY
Buy
B
BGUSER-8R3KS4CFVerified Merchant
61 tradesCompletion rate 98.00%
4.11 SAR
Amount22.61 USDT
Limit39 - 411 SAR
STC PAY
Buy
a
asifshahzdVerified Merchant
104 tradesCompletion rate 92.00%
4.15 SAR
Amount391.66 USDT
Limit39 - 1625.38 SAR
STC PAYSaudi National Bank (AlAhli Bank)Al Rajhi BankAlinma BankUrpay
Buy
R
ROYAL-TRAD Verified Merchant
52 tradesCompletion rate 93.00%
4.15 SAR
Amount288.13 USDT
Limit39 - 1000 SAR
STC PAYSaudi National Bank (AlAhli Bank)Urpay
Buy
S
Stc24Verified Merchant
69 tradesCompletion rate 93.00%
4.15 SAR
Amount300.97 USDT
Limit100 - 1000 SAR
STC PAYUrpay
Buy

Sell GBYTE (or USDT) for SAR (Saudi Riyal) offers

Bitget P2P trading currently does not support direct selling of GBYTE to SAR. However, you can first exchange GBYTE for USDT in the Bitget spot market, and then sell USDT to SAR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
S
Sojib uddin 74Verified Merchant
229 tradesCompletion rate 93.00%
3.95 SAR
Amount165 USDT
Limit50 - 700 SAR
STC PAYAl Rajhi BankUrpay
Sell
U
Usman official .Verified Merchant
279 tradesCompletion rate 91.00%
3.93 SAR
Amount647.81 USDT
Limit39 - 1000 SAR
STC PAYUrpay
Sell
H
Hidayat ullah traderVerified Merchant
154 tradesCompletion rate 90.00%
3.92 SAR
Amount458.45 USDT
Limit39 - 1000 SAR
STC PAY
Sell
C
CryptoTrader50Verified Merchant
9 tradesCompletion rate 90.00%
3.92 SAR
Amount933.67 USDT
Limit100 - 3920 SAR
STC PAY
Sell
B
BGUSER-KC722VBEVerified Merchant
78 tradesCompletion rate 90.00%
3.9 SAR
Amount780.96 USDT
Limit39 - 3166.8 SAR
STC PAYAl Rajhi BankAlinma BankUrpay
Sell

What factors influence the conversion rate of Obyte to Saudi Riyal?

Obyte to Saudi Riyal is rising this week.
Obyte's current market price is ر.س 34.17 per GBYTE, with a total market cap of ر.س 29,453,305.83 SAR based on a circulating supply of 862,048.75 GBYTE. The trading volume of Obyte has changed by +1039.09% (ر.س 4,696.56 SAR) in the last 24 hours. Last trading day, GBYTE's trading volume was ر.س 451.99.
Market cap
$7.85M
24h volume
$1.37K
Circulating supply
862.05K GBYTE

Conversion tables

The exchange rate of Obyte is decreasing.
1 GBYTE is currently valued at ر.س 34.17 SAR , which means buying 5 GBYTE will cost ر.س 170.83 SAR . Similarly, ر.س1 SAR can be traded for 0.02927 GBYTE, and ر.س50 SAR can be converted to 1.46 GBYTE, excluding any platform or gas fees.
The exchange rate of 1 GBYTE to Saudi Riyal has changed by +1.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.88%, reaching a high of 35.18 SAR and a low of 33.78 SAR . One month ago, the value of 1 GBYTE was ر.س 46.64 SAR , which represents a -26.75% change from its current value. Over the last year, Obyte has changed by
-ر.س
5.24SAR
, resulting in a change of -13.30% in its value.

GBYTE to SAR

Amount
20:43 today
0.5 GBYTE
ر.س17.08
1 GBYTE
ر.س34.17
5 GBYTE
ر.س170.83
10 GBYTE
ر.س341.67
50 GBYTE
ر.س1,708.33
100 GBYTE
ر.س3,416.66
500 GBYTE
ر.س17,083.32
1000 GBYTE
ر.س34,166.63

SAR to GBYTE

Amount20:43 today
0.5SAR0.01463  GBYTE
1SAR0.02927  GBYTE
5SAR0.1463  GBYTE
10SAR0.2927  GBYTE
50SAR1.46  GBYTE
100SAR2.93  GBYTE
500SAR14.63  GBYTE
1000SAR29.27  GBYTE
Buy Obyte for 1 SAR
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Today vs. 24 hours ago

Amount20:43 today24 hours ago24h change
0.5 GBYTE$4.55$4.69
-2.88%
1 GBYTE$9.11$9.38
-2.88%
5 GBYTE$45.54$46.89
-2.88%
10 GBYTE$91.08$93.78
-2.88%
50 GBYTE$455.4$468.89
-2.88%
100 GBYTE$910.79$937.79
-2.88%
500 GBYTE$4,553.97$4,688.94
-2.88%
1000 GBYTE$9,107.95$9,377.89
-2.88%

Today vs. 1 month ago

Amount20:43 today1 month ago1M change
0.5 GBYTE$4.55$6.22
-26.75%
1 GBYTE$9.11$12.43
-26.75%
5 GBYTE$45.54$62.17
-26.75%
10 GBYTE$91.08$124.34
-26.75%
50 GBYTE$455.4$621.71
-26.75%
100 GBYTE$910.79$1,243.42
-26.75%
500 GBYTE$4,553.97$6,217.12
-26.75%
1000 GBYTE$9,107.95$12,434.24
-26.75%
Buy Obyte for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount20:43 today1 year ago1Y change
0.5 GBYTE$4.55$5.25
-13.30%
1 GBYTE$9.11$10.5
-13.30%
5 GBYTE$45.54$52.52
-13.30%
10 GBYTE$91.08$105.05
-13.30%
50 GBYTE$455.4$525.24
-13.30%
100 GBYTE$910.79$1,050.48
-13.30%
500 GBYTE$4,553.97$5,252.39
-13.30%
1000 GBYTE$9,107.95$10,504.78
-13.30%

Obyte price prediction

What will the price of GBYTE be in 2025?

Based on GBYTE's historical price performance prediction model, the price of GBYTE is projected to reach $13 in 2025.

What will the price of GBYTE be in 2030?

In 2030, the GBYTE price is expected to change by -5.00%. By the end of 2030, the GBYTE price is projected to reach $22.28, with a cumulative ROI of +144.66%.
Buy Obyte for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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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 Obyte 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 Obyte 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 Obyte 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.

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A welcome pack worth 1000 USDT for new Bitgetters!

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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.