JANRO to SAR Converter and calculator


Conversion rates
Convert JANRO to SAR
Convert SAR to JANRO
JANRO to SAR chart
JANRO to SAR conversion data: Volatility and price changes of Janro The Rat in SAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0002763 SAR | 0.0002954 SAR | 0.0004443 SAR | 0.0004443 SAR |
Low | 0.0002575 SAR | 0.0002356 SAR | 0.0002340 SAR | 0.0001831 SAR |
Average | 0 SAR | 0 SAR | 0 SAR | 0 SAR |
Volatility | % | % | % | % |
Change | -4.92% | -8.78% | +8.35% | +13.63% |
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Janro The Rat information
JANRO to SAR market statistics
Current JANRO to SAR exchange rate
Janro The Rat to Saudi Riyal is falling this week.More info about Janro The Rat 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.
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JANRO to SAR Conversion tables
Amount | 18:17 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 JANRO | ر.س0.0001314 | ر.س0.0001381 | -4.92% |
1 JANRO | ر.س0.0002627 | ر.س0.0002763 | -4.92% |
5 JANRO | ر.س0.001314 | ر.س0.001381 | -4.92% |
10 JANRO | ر.س0.002627 | ر.س0.002763 | -4.92% |
50 JANRO | ر.س0.01314 | ر.س0.01381 | -4.92% |
100 JANRO | ر.س0.02627 | ر.س0.02763 | -4.92% |
500 JANRO | ر.س0.1314 | ر.س0.1381 | -4.92% |
1000 JANRO | ر.س0.2627 | ر.س0.2763 | -4.92% |
JANRO to SAR FAQ
What factors influence the conversion rate of JANRO to SAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Janro The Rat in the US is $0.{4}7002 USD. Additionally, Janro The Rat’s price is €0.{4}5980 EUR in the eurozone, £0.{4}5162 GBP in the UK, C$0.{4}9668 CAD in Canada, ₹0.006126 INR in India, ₨0.01986 PKR in Pakistan, R$0.0003778 BRL in Brazil, and more.
The most popular Janro The Rat currency pair is the JANRO to Saudi Riyal(SAR). The price of 1 Janro The Rat (JANRO) in Saudi Riyal (SAR) is ر.س0.0002627.
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