NBS
SAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of New BitShares(NBS) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 NBS at a value of 1 NBS for 0.00 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.
Bitget crypto-to-fiat exchange data shows that the most popular New BitShares currency pair is the NBS to SAR, with for New BitShares's currency code being NBS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
NBS to SAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, New BitShares has changed -1.02% to SAR. Based on the trend and price charts, New BitShares(NBS) has changed -1.02% to SAR while Saudi Riyal(SAR) has changed % to NBS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.0002458 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ر.س0.0002290 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س0.0002347 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 16:00:17(UTC+0)
How to buy New BitShares
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy New BitShares (NBS)
Use a variety of payment options to buy New BitShares on Bitget. We'll show you how.
Buy NBS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of NBS with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy NBS with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell NBS (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of NBS to SAR. However, you can first exchange NBS for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of New BitShares to Saudi Riyal?
New BitShares to Saudi Riyal is rising this week.New BitShares's current market price is ر.س 0.0002456 per NBS, with a total market cap of ر.س 640,459.93 SAR based on a circulating supply of 2,607,670,500 NBS. The trading volume of New BitShares has changed by -4.60% (ر.س -9,799.84 SAR) in the last 24 hours. Last trading day, NBS's trading volume was ر.س 213,114.05.
Market cap
$170.58K
24h volume
$54.15K
Circulating supply
2.61B NBS
Conversion tables
The exchange rate of New BitShares is decreasing.1 NBS is currently valued at ر.س 0.0002456 SAR , which means buying 5 NBS will cost ر.س 0.001228 SAR . Similarly, ر.س1 SAR can be traded for 4,071.56 NBS, and ر.س50 SAR can be converted to 203,577.96 NBS, excluding any platform or gas fees.
The exchange rate of 1 NBS to Saudi Riyal has changed by +1.29% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.02%, reaching a high of 0.0002485 SAR and a low of 0.0002445 SAR . One month ago, the value of 1 NBS was ر.س 0.0002839 SAR , which represents a -13.48% change from its current value. Over the last year, New BitShares has changed by , resulting in a change of -55.97% in its value.
-ر.س
0.0003127SARNBS to SAR
Amount
20:04 today
0.5 NBS
ر.س0.0001228
1 NBS
ر.س0.0002456
5 NBS
ر.س0.001228
10 NBS
ر.س0.002456
50 NBS
ر.س0.01228
100 NBS
ر.س0.02456
500 NBS
ر.س0.1228
1000 NBS
ر.س0.2456
SAR to NBS
Amount20:04 today
0.5SAR2,035.78 NBS
1SAR4,071.56 NBS
5SAR20,357.8 NBS
10SAR40,715.59 NBS
50SAR203,577.96 NBS
100SAR407,155.91 NBS
500SAR2,035,779.57 NBS
1000SAR4,071,559.13 NBS
Today vs. 24 hours ago
| Amount | 20:04 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3271 | $0.{4}3305 | -1.02% |
| 1 NBS | $0.{4}6542 | $0.{4}6609 | -1.02% |
| 5 NBS | $0.0003271 | $0.0003305 | -1.02% |
| 10 NBS | $0.0006542 | $0.0006609 | -1.02% |
| 50 NBS | $0.003271 | $0.003305 | -1.02% |
| 100 NBS | $0.006542 | $0.006609 | -1.02% |
| 500 NBS | $0.03271 | $0.03305 | -1.02% |
| 1000 NBS | $0.06542 | $0.06609 | -1.02% |
Today vs. 1 month ago
| Amount | 20:04 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3271 | $0.{4}3781 | -13.48% |
| 1 NBS | $0.{4}6542 | $0.{4}7562 | -13.48% |
| 5 NBS | $0.0003271 | $0.0003781 | -13.48% |
| 10 NBS | $0.0006542 | $0.0007562 | -13.48% |
| 50 NBS | $0.003271 | $0.003781 | -13.48% |
| 100 NBS | $0.006542 | $0.007562 | -13.48% |
| 500 NBS | $0.03271 | $0.03781 | -13.48% |
| 1000 NBS | $0.06542 | $0.07562 | -13.48% |
Today vs. 1 year ago
| Amount | 20:04 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NBS | $0.{4}3271 | $0.{4}7435 | -55.97% |
| 1 NBS | $0.{4}6542 | $0.0001487 | -55.97% |
| 5 NBS | $0.0003271 | $0.0007435 | -55.97% |
| 10 NBS | $0.0006542 | $0.001487 | -55.97% |
| 50 NBS | $0.003271 | $0.007435 | -55.97% |
| 100 NBS | $0.006542 | $0.01487 | -55.97% |
| 500 NBS | $0.03271 | $0.07435 | -55.97% |
| 1000 NBS | $0.06542 | $0.1487 | -55.97% |
New BitShares price prediction
What will the price of NBS be in 2025?
Based on NBS's historical price performance prediction model, the price of NBS is projected to reach $0.{4}8913 in 2025.
What will the price of NBS be in 2030?
In 2030, the NBS price is expected to change by -10.00%. By the end of 2030, the NBS price is projected to reach $0.0001996, with a cumulative ROI of +207.27%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular New BitShares conversions
Check out these popular currency conversions of New BitShares to several fiat currencies.
New BitShares to USD
1 NBS to $ 0.{4}6542 USD
New BitShares to GBP
1 NBS to £ 0.{4}5191 GBP
New BitShares to EUR
1 NBS to € 0.{4}6239 EUR
New BitShares to KRW
1 NBS to ₩ 0.09163 KRW
New BitShares to CAD
1 NBS to $ 0.{4}9133 CAD
New BitShares to AUD
1 NBS to $ 0.0001004 AUD
New BitShares to JPY
1 NBS to ¥ 0.01011 JPY
New BitShares to BRL
1 NBS to R$ 0.0003806 BRL
New BitShares to CNY
1 NBS to ¥ 0.0004742 CNY
New BitShares to TWD
1 NBS to NT$ 0.002131 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in New BitShares.
MAD to SAR
1 MAD to ر.س -- SAR
XRP to SAR
1 XRP to ر.س 4.39 SAR
EGO to SAR
1 EGO to ر.س 0.07820 SAR
Sharpe AI to SAR
1 SAI to ر.س 0.1280 SAR
Solana to SAR
1 SOL to ر.س 954.45 SAR
Bitcoin to SAR
1 BTC to ر.س 368,261.56 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.45 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}7746 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 5.04 SAR
Sui to SAR
1 SUI to ر.س 13.45 SAR
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 New BitShares 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 New BitShares 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 New BitShares 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.
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.
