Bitget converter provides RENBTC to SAR real-time exchange rates, making it easy to convert renBTC (RENBTC) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 RENBTC is currently valued at 63,170.37 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 RENBTC is currently valued at 63,170.37 SAR, which means buying 5 RENBTC would cost 315,851.83 SAR. Similarly, ر.س1 SAR can be converted to 0.{4}1583 RENBTC, and ر.س50 SAR can be converted to 0.{4}7915 RENBTC, excluding any platform or gas fees.
Conversion rates
Convert RENBTC to SAR
Convert SAR to RENBTC
renBTC
Saudi Riyal
1 RENBTC
63,170.37 SAR
Exchange 1 RENBTC for 63,170.37 SAR
2 RENBTC
126,340.73 SAR
Exchange 2 RENBTC for 126,340.73 SAR
5 RENBTC
315,851.83 SAR
Exchange 5 RENBTC for 315,851.83 SAR
10 RENBTC
631,703.66 SAR
Exchange 10 RENBTC for 631,703.66 SAR
20 RENBTC
1,263,407.32 SAR
Exchange 20 RENBTC for 1,263,407.32 SAR
50 RENBTC
3,158,518.3 SAR
Exchange 50 RENBTC for 3,158,518.3 SAR
100 RENBTC
6,317,036.6 SAR
Exchange 100 RENBTC for 6,317,036.6 SAR
200 RENBTC
12,634,073.2 SAR
Exchange 200 RENBTC for 12,634,073.2 SAR
500 RENBTC
31,585,183 SAR
Exchange 500 RENBTC for 31,585,183 SAR
1000 RENBTC
63,170,366 SAR
Exchange 1000 RENBTC for 63,170,366 SAR
5000 RENBTC
315,851,830 SAR
Exchange 5000 RENBTC for 315,851,830 SAR
10000 RENBTC
631,703,660 SAR
Exchange 10000 RENBTC for 631,703,660 SAR
In the table above, you'll find a comprehensive RENBTC to SAR converter that shows the value of renBTC in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 RENBTC to SAR, all the way up to 10000 RENBTC, providing a clear view of their respective values.
Saudi Riyal
renBTC
1 SAR
0.{4}1583 RENBTC
Exchange 1 SAR for 0.{4}1583 RENBTC
10 SAR
0.0001583 RENBTC
Exchange 10 SAR for 0.0001583 RENBTC
50 SAR
0.0007915 RENBTC
Exchange 50 SAR for 0.0007915 RENBTC
100 SAR
0.001583 RENBTC
Exchange 100 SAR for 0.001583 RENBTC
200 SAR
0.003166 RENBTC
Exchange 200 SAR for 0.003166 RENBTC
500 SAR
0.007915 RENBTC
Exchange 500 SAR for 0.007915 RENBTC
1000 SAR
0.01583 RENBTC
Exchange 1000 SAR for 0.01583 RENBTC
2000 SAR
0.03166 RENBTC
Exchange 2000 SAR for 0.03166 RENBTC
5000 SAR
0.07915 RENBTC
Exchange 5000 SAR for 0.07915 RENBTC
10000 SAR
0.1583 RENBTC
Exchange 10000 SAR for 0.1583 RENBTC
50000 SAR
0.7915 RENBTC
Exchange 50000 SAR for 0.7915 RENBTC
100000 SAR
1.58 RENBTC
Exchange 100000 SAR for 1.58 RENBTC
In the table above, you'll find a comprehensive SAR to RENBTC converter that shows the value of Saudi Riyal in renBTC across commonly used conversion amounts. The list covers conversions from 1 SAR to RENBTC, all the way up to 100000 SAR, providing a clear view of their respective values.
In the past 1D, renBTC has changed +0.46% to SAR. Based on the trend and price charts, renBTC(RENBTC) has changed +0.46% to SAR while Saudi Riyal(SAR) has changed % to RENBTC in the last 24 hours.
1D7D1M3M1YAll
RENBTC to SAR conversion data: Volatility and price changes of renBTC in SAR
The highest renBTC price in SAR over the past 7 days was 255,504.68 SAR while the lowest renBTC price in SAR over the past 7 days was 232,396.03 SAR. The relative change between the highs and lows in renBTC price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and RENBTC to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
renBTC's current market price is ر.س63,170.37 per RENBTC, with a total market cap of ر.س20,839,505.33 SAR based on a circulating supply of 329.8937 RENBTC. The trading volume of renBTC has changed by -0.26% (ر.س-0.34 SAR) in the last 24 hours. Last trading day, RENBTC's trading volume was ر.س131.51.
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 renBTC currency pair is the RENBTC to SAR, with for renBTC's currency code being RENBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
The exchange rate of 1 RENBTC to Saudi Riyal has changed by +1.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.46%, reaching a high of 255,504.68 SAR and a low of 247,481.19 SAR . One month ago, the value of 1 RENBTC was ر.س79,669.81 SAR , which represents a -6.22% change from its current value. Over the last year, renBTC has changed by
+ر.س
20,918.01SAR
, resulting in a change of +115.75% in its value.
24 hours ago1 month ago1 year ago
Amount
07:15 am today
24 hours ago
24h change
0.5 RENBTC
ر.س31,585.18
ر.س31,021.12
+0.46%
1 RENBTC
ر.س63,170.37
ر.س62,042.25
+0.46%
5 RENBTC
ر.س315,851.83
ر.س310,211.23
+0.46%
10 RENBTC
ر.س631,703.66
ر.س620,422.45
+0.46%
50 RENBTC
ر.س3,158,518.3
ر.س3,102,112.27
+0.46%
100 RENBTC
ر.س6,317,036.6
ر.س6,204,224.53
+0.46%
500 RENBTC
ر.س31,585,183
ر.س31,021,122.66
+0.46%
1000 RENBTC
ر.س63,170,366
ر.س62,042,245.32
+0.46%
RENBTC to SAR FAQ
How much is 1 renBTC in SAR?
Right now, the price of 1 renBTC (RENBTC) in Saudi Riyal (SAR) is ر.س63,170.37.
How much RENBTC can I buy for 1 SAR?
Based on the current exchange rate, you can get 0.{4}1583 RENBTC for 1 SAR.
How do I calculate or convert RENBTC to SAR?
You can use our RENBTC to SAR calculator at the top of this page to convert any amount of RENBTC to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 0.{4}7915 RENBTC, while 5 RENBTC will cost around 315,851.83SAR.
What is the highest price of RENBTC/SAR in history?
The all-time high price of 1 RENBTC in SAR is ر.س372,987.15. It remains to be seen if the value of 1 RENBTC/SAR will exceed the current all-time high.
What is the price trend of renBTC in SAR?
Over the past 7 days, the exchange rate of renBTC (RENBTC) has gone up by 1.40%.
Over the last month, the exchange rate of renBTC (RENBTC) has gone down by 6.22% against Saudi Riyal (SAR).
What factors influence the conversion rate of RENBTC to SAR?
There are many factors that affect the relationship between renBTC 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 RENBTC/SAR. When there is positive news in the market about the widespread adoption of RENBTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of RENBTC/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in RENBTC/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 RENBTC/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 renBTC and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular renBTC currency pairs: RENBTC to US Dollar (USD), RENBTC to Euro (EUR), RENBTC to Pound Sterling (GBP), RENBTC to Canadian Dollar (CAD), RENBTC to Indian Rupee (INR), RENBTC to Pakistani Rupee (PKR), RENBTC to Brazilian Real (BRL), RENBTC to… The price of renBTC in the US is $16,841.39 USD. Additionally, renBTC’s price is €14,530.75 EUR in the eurozone, £12,678.2 GBP in the UK, C$23,242.8 CAD in Canada, ₹1,468,028.51 INR in India, ₨4,770,323.43 PKR in Pakistan, R$93,331.61 BRL in Brazil, and more. The most popular renBTC currency pair is the RENBTC to Saudi Riyal(SAR). The price of 1 renBTC (RENBTC) in Saudi Riyal (SAR) is ر.س63,170.37.
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.