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MAT to SAR Converter and calculator

MAT/SAR: 1 MAT = 4.34 SAR. The price of converting 1 Matchain (MAT) to Saudi Riyal (SAR) is 4.34 SAR today.
MAT
MAT
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MAT to SAR real-time exchange rates, making it easy to convert Matchain (MAT) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MAT is currently valued at 4.34 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MAT is currently valued at 4.34 SAR, which means buying 5 MAT would cost 21.71 SAR. Similarly, ر.س1 SAR can be converted to 0.2303 MAT, and ر.س50 SAR can be converted to 1.15 MAT, excluding any platform or gas fees.

Convert MAT to SAR

Convert SAR to MAT

Matchain
Saudi Riyal
500 MAT
2,171.05  SAR
1000 MAT
4,342.11  SAR
5000 MAT
21,710.53  SAR
10000 MAT
43,421.05  SAR
In the table above, you'll find a comprehensive MAT to SAR converter that shows the value of Matchain in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MAT to SAR, all the way up to 10000 MAT, providing a clear view of their respective values.
Saudi Riyal
Matchain
50000 SAR
11,515.15 MAT
100000 SAR
23,030.3 MAT
In the table above, you'll find a comprehensive SAR to MAT converter that shows the value of Saudi Riyal in Matchain across commonly used conversion amounts. The list covers conversions from 1 SAR to MAT, all the way up to 100000 SAR, providing a clear view of their respective values.

MAT to SAR chart

MAT/SAR: 1 MAT = 4.34 SAR; 2025/06/20 23:59:54
In the past 1D, Matchain has changed -34.65% to SAR. Based on the trend and price charts, Matchain(MAT) has changed -34.65% to SAR while Saudi Riyal(SAR) has changed % to MAT in the last 24 hours.
1D7D1M3M1YAll

MAT to SAR conversion data: Volatility and price changes of Matchain in SAR

The highest Matchain price in SAR over the past 7 days was 25.04 SAR while the lowest Matchain price in SAR over the past 7 days was 4.11 SAR. The relative change between the highs and lows in Matchain price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MAT 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
7.71 SAR
25.04 SAR
25.04 SAR
25.04 SAR
Low
4.11 SAR
4.11 SAR
4.11 SAR
4.11 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-34.65%
-79.69%
-77.11%
-35.41%

Matchain information

MAT to SAR market statistics

MAT/SAR:
ر.س4.34
MAT 24h volume:
ر.س78,743,376.54
MAT market cap:
ر.س31,393,421.2
MAT circulating supply:
7.23M MAT

Current MAT to SAR exchange rate

Matchain to Saudi Riyal is rising this week.
Matchain's current market price is ر.س4.34 per MAT, with a total market cap of ر.س31,393,421.2 SAR based on a circulating supply of 7,230,000 MAT. The trading volume of Matchain has changed by +11.58% (ر.س8,173,792.63 SAR) in the last 24 hours. Last trading day, MAT's trading volume was ر.س70,569,583.91.

More info about Matchain 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 Matchain currency pair is the MAT to SAR, with for Matchain's currency code being MAT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.

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How to convert MAT to SAR

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MAT to SAR Conversion tables

The exchange rate of Matchain is increasing.
The exchange rate of 1 MAT to Saudi Riyal has changed by -79.69% in the last 7 days. In the last 24 hours, the rate has fluctuated by -34.65%, reaching a high of 7.71 SAR and a low of 4.11 SAR . One month ago, the value of 1 MAT was ر.س-0.00 SAR , which represents a -77.11% change from its current value. Over the last year, Matchain has changed by
+ر.س
0.5934SAR
, resulting in a change of -35.41% in its value.
24 hours ago1 month ago1 year ago
Amount 23:59 today 24 hours ago 24h change
0.5 MAT
ر.س2.17ر.س3.32
-34.65%
1 MAT
ر.س4.34ر.س6.65
-34.65%
5 MAT
ر.س21.71ر.س33.23
-34.65%
10 MAT
ر.س43.42ر.س66.46
-34.65%
50 MAT
ر.س217.11ر.س332.31
-34.65%
100 MAT
ر.س434.21ر.س664.61
-34.65%
500 MAT
ر.س2,171.05ر.س3,323.07
-34.65%
1000 MAT
ر.س4,342.11ر.س6,646.15
-34.65%

MAT to SAR FAQ

How much is 1 Matchain in SAR?
Right now, the price of 1 Matchain (MAT) in Saudi Riyal (SAR) is ر.س4.34.
How much MAT can I buy for 1 SAR?
Based on the current exchange rate, you can get 0.2303 MAT for 1 SAR.
How do I calculate or convert MAT to SAR?
You can use our MAT to SAR calculator at the top of this page to convert any amount of MAT to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 1.15 MAT, while 5 MAT will cost around 21.71SAR.
What is the highest price of MAT/SAR in history?
The all-time high price of 1 MAT in SAR is ر.س25.04. It remains to be seen if the value of 1 MAT/SAR will exceed the current all-time high.
What is the price trend of Matchain in SAR?
Over the past 7 days, the exchange rate of Matchain (MAT) has gone down by 79.69%.   Over the last month, the exchange rate of Matchain (MAT) has gone down by 77.11% against Saudi Riyal (SAR).

What factors influence the conversion rate of MAT to SAR?

There are many factors that affect the relationship between Matchain 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 MAT/SAR. When there is positive news in the market about the widespread adoption of MAT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MAT/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MAT/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 MAT/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 Matchain 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 Matchain currency pairs: MAT to US Dollar (USD), MAT to Euro (EUR), MAT to Pound Sterling (GBP), MAT to Canadian Dollar (CAD), MAT to Indian Rupee (INR), MAT to Pakistani Rupee (PKR), MAT to Brazilian Real (BRL), MAT to…
The price of Matchain in the US is $1.16 USD. Additionally, Matchain’s price is €1 EUR in the eurozone, £0.8599 GBP in the UK, C$1.59 CAD in Canada, ₹100.21 INR in India, ₨328.53 PKR in Pakistan, R$6.38 BRL in Brazil, and more.
The most popular Matchain currency pair is the MAT to Saudi Riyal(SAR). The price of 1 Matchain (MAT) in Saudi Riyal (SAR) is ر.س4.34.

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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.