Bitget converter provides MKR to SAR real-time exchange rates, making it easy to convert Maker (MKR) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MKR is currently valued at 7,109.16 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MKR is currently valued at 7,109.16 SAR, which means buying 5 MKR would cost 35,545.79 SAR. Similarly, ر.س1 SAR can be converted to 0.0001407 MKR, and ر.س50 SAR can be converted to 0.0007033 MKR, excluding any platform or gas fees.
Conversion rates
Convert MKR to SAR
Convert SAR to MKR
Maker
Saudi Riyal
1 MKR
7,109.16 SAR
Exchange 1 MKR for 7,109.16 SAR
2 MKR
14,218.32 SAR
Exchange 2 MKR for 14,218.32 SAR
5 MKR
35,545.79 SAR
Exchange 5 MKR for 35,545.79 SAR
10 MKR
71,091.58 SAR
Exchange 10 MKR for 71,091.58 SAR
20 MKR
142,183.17 SAR
Exchange 20 MKR for 142,183.17 SAR
50 MKR
355,457.92 SAR
Exchange 50 MKR for 355,457.92 SAR
100 MKR
710,915.83 SAR
Exchange 100 MKR for 710,915.83 SAR
200 MKR
1,421,831.67 SAR
Exchange 200 MKR for 1,421,831.67 SAR
500 MKR
3,554,579.16 SAR
Exchange 500 MKR for 3,554,579.16 SAR
1000 MKR
7,109,158.33 SAR
Exchange 1000 MKR for 7,109,158.33 SAR
5000 MKR
35,545,791.64 SAR
Exchange 5000 MKR for 35,545,791.64 SAR
10000 MKR
71,091,583.28 SAR
Exchange 10000 MKR for 71,091,583.28 SAR
In the table above, you'll find a comprehensive MKR to SAR converter that shows the value of Maker in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MKR to SAR, all the way up to 10000 MKR, providing a clear view of their respective values.
Saudi Riyal
Maker
1 SAR
0.0001407 MKR
Exchange 1 SAR for 0.0001407 MKR
10 SAR
0.001407 MKR
Exchange 10 SAR for 0.001407 MKR
50 SAR
0.007033 MKR
Exchange 50 SAR for 0.007033 MKR
100 SAR
0.01407 MKR
Exchange 100 SAR for 0.01407 MKR
200 SAR
0.02813 MKR
Exchange 200 SAR for 0.02813 MKR
500 SAR
0.07033 MKR
Exchange 500 SAR for 0.07033 MKR
1000 SAR
0.1407 MKR
Exchange 1000 SAR for 0.1407 MKR
2000 SAR
0.2813 MKR
Exchange 2000 SAR for 0.2813 MKR
5000 SAR
0.7033 MKR
Exchange 5000 SAR for 0.7033 MKR
10000 SAR
1.41 MKR
Exchange 10000 SAR for 1.41 MKR
50000 SAR
7.03 MKR
Exchange 50000 SAR for 7.03 MKR
100000 SAR
14.07 MKR
Exchange 100000 SAR for 14.07 MKR
In the table above, you'll find a comprehensive SAR to MKR converter that shows the value of Saudi Riyal in Maker across commonly used conversion amounts. The list covers conversions from 1 SAR to MKR, all the way up to 100000 SAR, providing a clear view of their respective values.
In the past 1D, Maker has changed +1.23% to SAR. Based on the trend and price charts, Maker(MKR) has changed +1.23% to SAR while Saudi Riyal(SAR) has changed % to MKR in the last 24 hours.
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MKR to SAR conversion data: Volatility and price changes of Maker in SAR
The highest Maker price in SAR over the past 7 days was 7,760.52 SAR while the lowest Maker price in SAR over the past 7 days was 6,166.69 SAR. The relative change between the highs and lows in Maker price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MKR to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Maker's current market price is ر.س7,109.16 per MKR, with a total market cap of ر.س0 SAR based on a circulating supply of -- MKR. The trading volume of Maker has changed by -35.29% (ر.س-85,554,513.09 SAR) in the last 24 hours. Last trading day, MKR's trading volume was ر.س242,445,103.71.
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 Maker currency pair is the MKR to SAR, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
The exchange rate of 1 MKR to Saudi Riyal has changed by -0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.23%, reaching a high of 7,760.52 SAR and a low of 7,357.6 SAR . One month ago, the value of 1 MKR was ر.س5,699.44 SAR , which represents a +22.90% change from its current value. Over the last year, Maker has changed by
-ر.س
619.43SAR
, resulting in a change of -7.57% in its value.
24 hours ago1 month ago1 year ago
Amount
22:55 today
24 hours ago
24h change
0.5 MKR
ر.س3,554.58
ر.س3,508.7
+1.23%
1 MKR
ر.س7,109.16
ر.س7,017.39
+1.23%
5 MKR
ر.س35,545.79
ر.س35,086.97
+1.23%
10 MKR
ر.س71,091.58
ر.س70,173.94
+1.23%
50 MKR
ر.س355,457.92
ر.س350,869.71
+1.23%
100 MKR
ر.س710,915.83
ر.س701,739.42
+1.23%
500 MKR
ر.س3,554,579.16
ر.س3,508,697.11
+1.23%
1000 MKR
ر.س7,109,158.33
ر.س7,017,394.22
+1.23%
MKR to SAR FAQ
How much is 1 Maker in SAR?
Right now, the price of 1 Maker (MKR) in Saudi Riyal (SAR) is ر.س7,109.16.
How much MKR can I buy for 1 SAR?
Based on the current exchange rate, you can get 0.0001407 MKR for 1 SAR.
How do I calculate or convert MKR to SAR?
You can use our MKR to SAR calculator at the top of this page to convert any amount of MKR to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 0.0007033 MKR, while 5 MKR will cost around 35,545.79SAR.
What is the highest price of MKR/SAR in history?
The all-time high price of 1 MKR in SAR is ر.س23,778.95. It remains to be seen if the value of 1 MKR/SAR will exceed the current all-time high.
What is the price trend of Maker in SAR?
Over the past 7 days, the exchange rate of Maker (MKR) has gone down by 0.07%.
Over the last month, the exchange rate of Maker (MKR) has gone up by 22.90% against Saudi Riyal (SAR).
What factors influence the conversion rate of MKR to SAR?
There are many factors that affect the relationship between Maker and Saudi Riyal, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MKR/SAR. When there is positive news in the market about the widespread adoption of MKR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MKR/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MKR/SAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MKR/SAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Maker and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Maker currency pairs: MKR to US Dollar (USD), MKR to Euro (EUR), MKR to Pound Sterling (GBP), MKR to Canadian Dollar (CAD), MKR to Indian Rupee (INR), MKR to Pakistani Rupee (PKR), MKR to Brazilian Real (BRL), MKR to… The price of Maker in the US is $1,895.17 USD. Additionally, Maker’s price is €1,634.96 EUR in the eurozone, £1,426.87 GBP in the UK, C$2,612.49 CAD in Canada, ₹165,323.56 INR in India, ₨530,943.94 PKR in Pakistan, R$10,498.29 BRL in Brazil, and more. The most popular Maker currency pair is the MKR to Saudi Riyal(SAR). The price of 1 Maker (MKR) in Saudi Riyal (SAR) is ر.س7,109.16.
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.