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MG8 to SAR Converter and calculator

MG8/SAR: 1 MG8 = 0.0008280 SAR. The price of converting 1 Megalink (MG8) to Saudi Riyal (SAR) is 0.0008280 SAR today.
MG8
MG8
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MG8 to SAR real-time exchange rates, making it easy to convert Megalink (MG8) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MG8 is currently valued at 0.0008280 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MG8 is currently valued at 0.0008280 SAR, which means buying 5 MG8 would cost 0.004140 SAR. Similarly, ر.س1 SAR can be converted to 1,207.77 MG8, and ر.س50 SAR can be converted to 6,038.87 MG8, excluding any platform or gas fees.

Convert MG8 to SAR

Convert SAR to MG8

Megalink
Saudi Riyal
1 MG8
0.0008280  SAR
Exchange 1 MG8 for 0.0008280 SAR
2 MG8
0.001656  SAR
Exchange 2 MG8 for 0.001656 SAR
5 MG8
0.004140  SAR
Exchange 5 MG8 for 0.004140 SAR
10 MG8
0.008280  SAR
Exchange 10 MG8 for 0.008280 SAR
20 MG8
0.01656  SAR
Exchange 20 MG8 for 0.01656 SAR
50 MG8
0.04140  SAR
Exchange 50 MG8 for 0.04140 SAR
100 MG8
0.08280  SAR
Exchange 100 MG8 for 0.08280 SAR
200 MG8
0.1656  SAR
Exchange 200 MG8 for 0.1656 SAR
500 MG8
0.4140  SAR
Exchange 500 MG8 for 0.4140 SAR
1000 MG8
0.8280  SAR
Exchange 1000 MG8 for 0.8280 SAR
5000 MG8
4.14  SAR
Exchange 5000 MG8 for 4.14 SAR
10000 MG8
8.28  SAR
Exchange 10000 MG8 for 8.28 SAR
In the table above, you'll find a comprehensive MG8 to SAR converter that shows the value of Megalink in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MG8 to SAR, all the way up to 10000 MG8, providing a clear view of their respective values.
Saudi Riyal
Megalink
1 SAR
1,207.77 MG8
Exchange 1 SAR for 1,207.77 MG8
10 SAR
12,077.74 MG8
Exchange 10 SAR for 12,077.74 MG8
50 SAR
60,388.7 MG8
Exchange 50 SAR for 60,388.7 MG8
100 SAR
120,777.4 MG8
Exchange 100 SAR for 120,777.4 MG8
200 SAR
241,554.81 MG8
Exchange 200 SAR for 241,554.81 MG8
500 SAR
603,887.02 MG8
Exchange 500 SAR for 603,887.02 MG8
1000 SAR
1,207,774.04 MG8
Exchange 1000 SAR for 1,207,774.04 MG8
2000 SAR
2,415,548.08 MG8
Exchange 2000 SAR for 2,415,548.08 MG8
5000 SAR
6,038,870.19 MG8
Exchange 5000 SAR for 6,038,870.19 MG8
10000 SAR
12,077,740.38 MG8
Exchange 10000 SAR for 12,077,740.38 MG8
50000 SAR
60,388,701.92 MG8
Exchange 50000 SAR for 60,388,701.92 MG8
100000 SAR
120,777,403.84 MG8
Exchange 100000 SAR for 120,777,403.84 MG8
In the table above, you'll find a comprehensive SAR to MG8 converter that shows the value of Saudi Riyal in Megalink across commonly used conversion amounts. The list covers conversions from 1 SAR to MG8, all the way up to 100000 SAR, providing a clear view of their respective values.

MG8 to SAR chart

MG8/SAR: 1 MG8 = 0.0008280 SAR; 2025/11/14 15:04:55
In the past 1D, Megalink has changed -28.22% to SAR. Based on the trend and price charts, Megalink(MG8) has changed -28.22% to SAR while Saudi Riyal(SAR) has changed % to MG8 in the last 24 hours.
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MG8 to SAR conversion data: Volatility and price changes of Megalink in SAR

The highest Megalink price in SAR over the past 7 days was 0.001518 SAR while the lowest Megalink price in SAR over the past 7 days was 0.0007799 SAR. The relative change between the highs and lows in Megalink price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MG8 to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.001150 SAR
0.001518 SAR
0.003056 SAR
0.005602 SAR
Low
0.0008246 SAR
0.0007799 SAR
0.0007799 SAR
0.0007799 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-28.22%
-46.60%
-71.51%
-83.10%

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Megalink information

MG8 to SAR market statistics

MG8/SAR:
ر.س0.0008280
MG8 24h volume:
ر.س75,065.57
MG8 market cap:
--
MG8 circulating supply:
0 MG8

Current MG8 to SAR exchange rate

Megalink to Saudi Riyal is falling this week.
Megalink's current market price is ر.س0.0008280 per MG8, with a total market cap of ر.س0 SAR based on a circulating supply of -- MG8. The trading volume of Megalink has changed by +64.25% (ر.س29,364.22 SAR) in the last 24 hours. Last trading day, MG8's trading volume was ر.س45,701.35.

More info about Megalink on Bitget

Saudi Riyal 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 Megalink currency pair is the MG8 to SAR, with for Megalink's currency code being MG8. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert MG8 to SAR

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MG8 to SAR Conversion tables

The exchange rate of Megalink is decreasing.
The exchange rate of 1 MG8 to Saudi Riyal has changed by -46.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by -28.22%, reaching a high of 0.001150 SAR and a low of 0.0008246 SAR . One month ago, the value of 1 MG8 was ر.س0.002906 SAR , which represents a -71.51% change from its current value. Over the last year, Megalink has changed by
+ر.س
0.0008282SAR
, resulting in a change of -99.49% in its value.
24 hours ago1 month ago1 year ago
Amount 15:04 today 24 hours ago 24h change
0.5 MG8
ر.س0.0004140ر.س0.0005767
-28.22%
1 MG8
ر.س0.0008280ر.س0.001153
-28.22%
5 MG8
ر.س0.004140ر.س0.005767
-28.22%
10 MG8
ر.س0.008280ر.س0.01153
-28.22%
50 MG8
ر.س0.04140ر.س0.05767
-28.22%
100 MG8
ر.س0.08280ر.س0.1153
-28.22%
500 MG8
ر.س0.4140ر.س0.5767
-28.22%
1000 MG8
ر.س0.8280ر.س1.15
-28.22%

MG8 to SAR FAQ

How much is 1 Megalink in SAR?
Right now, the price of 1 Megalink (MG8) in Saudi Riyal (SAR) is ر.س0.0008280.
How much MG8 can I buy for 1 SAR?
Based on the current exchange rate, you can get 1,207.77 MG8 for 1 SAR.
How do I calculate or convert MG8 to SAR?
You can use our MG8 to SAR calculator at the top of this page to convert any amount of MG8 to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 6,038.87 MG8, while 5 MG8 will cost around 0.004140SAR.
What is the highest price of MG8/SAR in history?
The all-time high price of 1 MG8 in SAR is ر.س0.2699. It remains to be seen if the value of 1 MG8/SAR will exceed the current all-time high.
What is the price trend of Megalink in SAR?
Over the past 7 days, the exchange rate of Megalink (MG8) has gone down by 46.60%.   Over the last month, the exchange rate of Megalink (MG8) has gone down by 71.51% against Saudi Riyal (SAR).

What factors influence the conversion rate of MG8 to SAR?

There are many factors that affect the relationship between Megalink 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 MG8/SAR. When there is positive news in the market about the widespread adoption of MG8 or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MG8/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MG8/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 MG8/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 Megalink and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Megalink currency pairs: MG8 to US Dollar (USD), MG8 to Euro (EUR), MG8 to Pound Sterling (GBP), MG8 to Canadian Dollar (CAD), MG8 to Indian Rupee (INR), MG8 to Pakistani Rupee (PKR), MG8 to Brazilian Real (BRL), MG8 to…
The price of Megalink in the US is $0.0002208 USD. Additionally, Megalink’s price is €0.0001896 EUR in the eurozone, £0.0001677 GBP in the UK, C$0.0003095 CAD in Canada, ₹0.01959 INR in India, ₨0.06237 PKR in Pakistan, R$0.001172 BRL in Brazil, and more.
The most popular Megalink currency pair is the MG8 to Saudi Riyal(SAR). The price of 1 Megalink (MG8) in Saudi Riyal (SAR) is ر.س0.0008280.

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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.