![base info Cult DAO](https://img.bgstatic.com/multiLang/coinPriceLogo/d16898462ab535db57d810a18c62b79d1710436064723.png)
![CULT](https://img.bgstatic.com/multiLang/coinPriceLogo/d16898462ab535db57d810a18c62b79d1710436064723.png)
![refresh](/price/_next/static/media/refresh.b0826022.png)
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.
CULT to SAR conversion rate trend
Conversion rate comparison of various exchanges
Exchange | Price | Maker / Taker Fee | Tradable |
---|---|---|---|
Bitget ![]() | ر.س0.{4}2239 | 0.0200% / 0.0320% ![]() | |
Gate.io | ر.س0.{5}5213 | 0.1000% / 0.1000% | Yes |
Bybit | ر.س0.{5}8251 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.س0.{5}7501 | 0.1000% / 0.1000% | Yes |
How to buy Cult DAO
![buy-coin-step-0-img](/price/_next/static/media/HTB_step1.fc7a3f4a.png)
![buy-coin-step-1-img](/price/_next/static/media/HTB_step2.2d71969a.png)
![buy-coin-step-2-img](/price/_next/static/media/HTB_step4.449f78aa.png)
Buy CULT (or USDT) for SAR (Saudi Riyal) offers
Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
---|---|---|---|---|
P Pro.Trader11 12 trades|Completion rate 67.00% | 4 SAR | Amount39.28 USDT Limit20.5 - 157 SAR | ![]() ![]() ![]() | |
U UrTorch 16 trades|Completion rate 100.00% | 4.07 SAR | Amount151.88 USDT Limit614 - 614 SAR | ![]() ![]() ![]() | |
S Stc24 103 trades|Completion rate 94.00% | 4.08 SAR | Amount87.3 USDT Limit300 - 1350 SAR | ![]() | |
C CRYPTO_QUICK 24 107 trades|Completion rate 100.00% | 4.09 SAR | Amount478.59 USDT Limit100 - 1300 SAR | ![]() ![]() | |
P Pakar Fiat 109 trades|Completion rate 100.00% | 4.1 SAR | Amount289.12 USDT Limit50 - 1185 SAR | ![]() ![]() ![]() |
Sell CULT (or USDT) for SAR (Saudi Riyal) offers
Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
---|---|---|---|---|
B BIT ATM 120 trades|Completion rate 98.00% | 3.91 SAR | Amount515 USDT Limit200 - 2000 SAR | ![]() | |
B BGUSER-X6K8KS0P 0 trades|Completion rate 0.00% | 3.9 SAR | Amount1000 USDT Limit3000 - 3600 SAR | ![]() ![]() ![]() ![]() ![]() | |
B BGUSER-XPGDV9G4 0 trades|Completion rate 0.00% | 3.9 SAR | Amount500 USDT Limit1000 - 1950 SAR | ![]() | |
U Usman official . 108 trades|Completion rate 90.00% | 3.88 SAR | Amount615.28 USDT Limit50 - 487 SAR | ![]() | |
U UZtrader27 17 trades|Completion rate 89.00% | 3.87 SAR | Amount100 USDT Limit50 - 387 SAR | ![]() ![]() |
What factors influence the conversion rate of Cult DAO to Saudi Riyal?
Cult DAO to Saudi Riyal is falling this week.Conversion tables
The exchange rate of Cult DAO is decreasing.CULT to SAR
SAR to CULT
Today vs. 24 hours ago
Amount | 13:52 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CULT | $0.{6}7458 | $0.{6}7235 | +3.08% |
1 CULT | $0.{5}1492 | $0.{5}1447 | +3.08% |
5 CULT | $0.{5}7458 | $0.{5}7235 | +3.08% |
10 CULT | $0.{4}1492 | $0.{4}1447 | +3.08% |
50 CULT | $0.{4}7458 | $0.{4}7235 | +3.08% |
100 CULT | $0.0001492 | $0.0001447 | +3.08% |
500 CULT | $0.0007458 | $0.0007235 | +3.08% |
1000 CULT | $0.001492 | $0.001447 | +3.08% |
Today vs. 1 month ago
Amount | 13:52 today | 1 month ago | 1M change |
---|---|---|---|
0.5 CULT | $0.{6}7458 | $0.{6}9394 | -20.60% |
1 CULT | $0.{5}1492 | $0.{5}1879 | -20.60% |
5 CULT | $0.{5}7458 | $0.{5}9394 | -20.60% |
10 CULT | $0.{4}1492 | $0.{4}1879 | -20.60% |
50 CULT | $0.{4}7458 | $0.{4}9394 | -20.60% |
100 CULT | $0.0001492 | $0.0001879 | -20.60% |
500 CULT | $0.0007458 | $0.0009394 | -20.60% |
1000 CULT | $0.001492 | $0.001879 | -20.60% |
Today vs. 1 year ago
Amount | 13:52 today | 1 year ago | 1Y change |
---|---|---|---|
0.5 CULT | $0.{6}7458 | $0.{5}1328 | -43.84% |
1 CULT | $0.{5}1492 | $0.{5}2656 | -43.84% |
5 CULT | $0.{5}7458 | $0.{4}1328 | -43.84% |
10 CULT | $0.{4}1492 | $0.{4}2656 | -43.84% |
50 CULT | $0.{4}7458 | $0.0001328 | -43.84% |
100 CULT | $0.0001492 | $0.0002656 | -43.84% |
500 CULT | $0.0007458 | $0.001328 | -43.84% |
1000 CULT | $0.001492 | $0.002656 | -43.84% |
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