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base info The QWAN

The QWAN to Saudi Riyal Converter and calculator

Convert 1The QWAN (QWAN) to Saudi Riyal (SAR) equals ر.س 0.02738 | 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 The QWAN(QWAN) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 QWAN at a value of 1 QWAN for 0.03 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 The QWAN currency pair is the QWAN to SAR, with for The QWAN's currency code being QWAN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

QWAN to SAR conversion rate trend

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In the past 1D, The QWAN has changed -5.89% to SAR. Based on the trend and price charts, The QWAN(QWAN) has changed -5.89% to SAR while Saudi Riyal(SAR) has changed % to QWAN in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.س0.02738
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
ر.س0.02738
0.1000% / 0.1000%
Yes
Last updated 2024/07/05 23:00:14(UTC+0)

How to buy The QWAN

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Buy The QWAN (QWAN)
Use a variety of payment options to buy The QWAN on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of QWAN with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy QWAN with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
B
BGUSER-4HBCA39LVerified Merchant
84 tradesCompletion rate 88.00%
3.79 SAR
Amount53.2 USDT
Limit40 - 75 SAR
STC PAY
Buy
C
CryptoTrader50Verified Merchant
12 tradesCompletion rate 86.00%
4.19 SAR
Amount12.76 USDT
Limit39 - 92.47 SAR
STC PAY
Buy
H
Hidayat ullah traderVerified Merchant
150 tradesCompletion rate 88.00%
4.3 SAR
Amount111.09 USDT
Limit39 - 1585 SAR
STC PAYAl Rajhi BankThe Saudi British Bank (SABB)
Buy
M
MOKAHVerified Merchant
28 tradesCompletion rate 93.00%
4.34 SAR
Amount2856.3 USDT
Limit1000 - 12396.34 SAR
Al Rajhi BankThe Saudi British Bank (SABB)Bank Albilad
Buy
$
$HuSsAiN$Verified Merchant
37 tradesCompletion rate 97.00%
4.35 SAR
Amount191.46 USDT
Limit39 - 510.69 SAR
Saudi National Bank (AlAhli Bank)The Saudi British Bank (SABB)
Buy

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

Bitget P2P trading currently does not support direct selling of QWAN to SAR. However, you can first exchange QWAN 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
C
CryptoTrader50Verified Merchant
12 tradesCompletion rate 86.00%
4 SAR
Amount961.84 USDT
Limit100 - 4000 SAR
STC PAY
Sell
S
Sojib uddin 74Verified Merchant
247 tradesCompletion rate 94.00%
3.98 SAR
Amount150 USDT
Limit50 - 500 SAR
STC PAYAl Rajhi BankUrpay
Sell
H
Hidayat ullah traderVerified Merchant
150 tradesCompletion rate 88.00%
3.97 SAR
Amount405.45 USDT
Limit39 - 1000 SAR
STC PAY
Sell
j
jutt.BitVerified Merchant
1 tradesCompletion rate 100.00%
3.95 SAR
Amount65 USDT
Limit100 - 256.75 SAR
STC PAYUrpay
Sell
M
M.M Crew Verified Merchant
13 tradesCompletion rate 93.00%
3.9 SAR
Amount916.52 USDT
Limit39 - 500 SAR
Al Rajhi BankUrpay
Sell

What factors influence the conversion rate of The QWAN to Saudi Riyal?

The QWAN to Saudi Riyal is falling this week.
The QWAN's current market price is ر.س 0.02738 per QWAN, with a total market cap of ر.س 1,192,136.59 SAR based on a circulating supply of 43,533,332 QWAN. The trading volume of The QWAN has changed by 0.00% (ر.س 0 SAR) in the last 24 hours. Last trading day, QWAN's trading volume was ر.س 0.
Market cap
$317.80K
24h volume
$0
Circulating supply
43.53M QWAN

Conversion tables

The exchange rate of The QWAN is decreasing.
1 QWAN is currently valued at ر.س 0.02738 SAR , which means buying 5 QWAN will cost ر.س 0.1369 SAR . Similarly, ر.س1 SAR can be traded for 36.52 QWAN, and ر.س50 SAR can be converted to 1,825.85 QWAN, excluding any platform or gas fees.
The exchange rate of 1 QWAN to Saudi Riyal has changed by -9.26% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.89%, reaching a high of 0.03053 SAR and a low of 0.02738 SAR . One month ago, the value of 1 QWAN was ر.س 0.1087 SAR , which represents a -74.80% change from its current value. Over the last year, The QWAN has changed by
-ر.س
0.01182SAR
, resulting in a change of -30.16% in its value.

QWAN to SAR

Amount
23:35 today
0.5 QWAN
ر.س0.01369
1 QWAN
ر.س0.02738
5 QWAN
ر.س0.1369
10 QWAN
ر.س0.2738
50 QWAN
ر.س1.37
100 QWAN
ر.س2.74
500 QWAN
ر.س13.69
1000 QWAN
ر.س27.38

SAR to QWAN

Amount23:35 today
0.5SAR18.26  QWAN
1SAR36.52  QWAN
5SAR182.59  QWAN
10SAR365.17  QWAN
50SAR1,825.85  QWAN
100SAR3,651.71  QWAN
500SAR18,258.53  QWAN
1000SAR36,517.07  QWAN
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Today vs. 24 hours ago

Amount23:35 today24 hours ago24h change
0.5 QWAN$0.003650$0.003878
-5.89%
1 QWAN$0.007300$0.007757
-5.89%
5 QWAN$0.03650$0.03878
-5.89%
10 QWAN$0.07300$0.07757
-5.89%
50 QWAN$0.3650$0.3878
-5.89%
100 QWAN$0.7300$0.7757
-5.89%
500 QWAN$3.65$3.88
-5.89%
1000 QWAN$7.3$7.76
-5.89%

Today vs. 1 month ago

Amount23:35 today1 month ago1M change
0.5 QWAN$0.003650$0.01449
-74.80%
1 QWAN$0.007300$0.02897
-74.80%
5 QWAN$0.03650$0.1449
-74.80%
10 QWAN$0.07300$0.2897
-74.80%
50 QWAN$0.3650$1.45
-74.80%
100 QWAN$0.7300$2.9
-74.80%
500 QWAN$3.65$14.49
-74.80%
1000 QWAN$7.3$28.97
-74.80%
Buy The QWAN for 1 SAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount23:35 today1 year ago1Y change
0.5 QWAN$0.003650$0.005226
-30.16%
1 QWAN$0.007300$0.01045
-30.16%
5 QWAN$0.03650$0.05226
-30.16%
10 QWAN$0.07300$0.1045
-30.16%
50 QWAN$0.3650$0.5226
-30.16%
100 QWAN$0.7300$1.05
-30.16%
500 QWAN$3.65$5.23
-30.16%
1000 QWAN$7.3$10.45
-30.16%

The QWAN price prediction

What will the price of QWAN be in 2025?

Based on QWAN's historical price performance prediction model, the price of QWAN is projected to reach $0.009874 in 2025.

What will the price of QWAN be in 2030?

In 2030, the QWAN price is expected to change by -3.00%. By the end of 2030, the QWAN price is projected to reach $0.01265, with a cumulative ROI of +73.34%.
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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 The QWAN 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 The QWAN 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 The QWAN 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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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.