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MBG to SAR Converter and calculator

MBG/SAR: 1 MBG = 8.3 SAR. The price of converting 1 MultiBank Group (MBG) to Saudi Riyal (SAR) is 8.3 SAR today.
MBG
MBG
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MBG to SAR real-time exchange rates, making it easy to convert MultiBank Group (MBG) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MBG is currently valued at 8.3 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MBG is currently valued at 8.3 SAR, which means buying 5 MBG would cost 41.51 SAR. Similarly, ر.س1 SAR can be converted to 0.1205 MBG, and ر.س50 SAR can be converted to 0.6023 MBG, excluding any platform or gas fees.

Convert MBG to SAR

Convert SAR to MBG

MultiBank Group
Saudi Riyal
1 MBG
8.3  SAR
Exchange 1 MBG for 8.3 SAR
2 MBG
16.6  SAR
Exchange 2 MBG for 16.6 SAR
5 MBG
41.51  SAR
Exchange 5 MBG for 41.51 SAR
10 MBG
83.01  SAR
Exchange 10 MBG for 83.01 SAR
20 MBG
166.02  SAR
Exchange 20 MBG for 166.02 SAR
50 MBG
415.05  SAR
Exchange 50 MBG for 415.05 SAR
100 MBG
830.11  SAR
Exchange 100 MBG for 830.11 SAR
200 MBG
1,660.21  SAR
Exchange 200 MBG for 1,660.21 SAR
500 MBG
4,150.54  SAR
Exchange 500 MBG for 4,150.54 SAR
1000 MBG
8,301.07  SAR
Exchange 1000 MBG for 8,301.07 SAR
5000 MBG
41,505.35  SAR
Exchange 5000 MBG for 41,505.35 SAR
10000 MBG
83,010.71  SAR
Exchange 10000 MBG for 83,010.71 SAR
In the table above, you'll find a comprehensive MBG to SAR converter that shows the value of MultiBank Group in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MBG to SAR, all the way up to 10000 MBG, providing a clear view of their respective values.
Saudi Riyal
MultiBank Group
1 SAR
0.1205 MBG
Exchange 1 SAR for 0.1205 MBG
10 SAR
1.2 MBG
Exchange 10 SAR for 1.2 MBG
50 SAR
6.02 MBG
Exchange 50 SAR for 6.02 MBG
100 SAR
12.05 MBG
Exchange 100 SAR for 12.05 MBG
200 SAR
24.09 MBG
Exchange 200 SAR for 24.09 MBG
500 SAR
60.23 MBG
Exchange 500 SAR for 60.23 MBG
1000 SAR
120.47 MBG
Exchange 1000 SAR for 120.47 MBG
2000 SAR
240.93 MBG
Exchange 2000 SAR for 240.93 MBG
5000 SAR
602.33 MBG
Exchange 5000 SAR for 602.33 MBG
10000 SAR
1,204.66 MBG
Exchange 10000 SAR for 1,204.66 MBG
50000 SAR
6,023.32 MBG
Exchange 50000 SAR for 6,023.32 MBG
100000 SAR
12,046.64 MBG
Exchange 100000 SAR for 12,046.64 MBG
In the table above, you'll find a comprehensive SAR to MBG converter that shows the value of Saudi Riyal in MultiBank Group across commonly used conversion amounts. The list covers conversions from 1 SAR to MBG, all the way up to 100000 SAR, providing a clear view of their respective values.

MBG to SAR chart

MBG/SAR: 1 MBG = 8.3 SAR; 2025/08/14 05:14:07
In the past 1D, MultiBank Group has changed -0.04% to SAR. Based on the trend and price charts, MultiBank Group(MBG) has changed -0.04% to SAR while Saudi Riyal(SAR) has changed % to MBG in the last 24 hours.
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MBG to SAR conversion data: Volatility and price changes of MultiBank Group in SAR

The highest MultiBank Group price in SAR over the past 7 days was 8.31 SAR while the lowest MultiBank Group price in SAR over the past 7 days was 7.35 SAR. The relative change between the highs and lows in MultiBank Group price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MBG 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
8.31 SAR
8.31 SAR
10.31 SAR
10.31 SAR
Low
8.26 SAR
7.35 SAR
1.38 SAR
1.38 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-0.04%
+12.62%
+497.72%
+497.78%

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MultiBank Group information

MBG to SAR market statistics

MBG/SAR:
ر.س8.3
MBG 24h volume:
ر.س253,412,522.8
MBG market cap:
ر.س727,870,335.35
MBG circulating supply:
87.68M MBG

Current MBG to SAR exchange rate

MultiBank Group to Saudi Riyal is rising this week.
MultiBank Group's current market price is ر.س8.3 per MBG, with a total market cap of ر.س727,870,335.35 SAR based on a circulating supply of 87,683,910 MBG. The trading volume of MultiBank Group has changed by -34.29% (ر.س-132,229,229.76 SAR) in the last 24 hours. Last trading day, MBG's trading volume was ر.س385,641,752.56.

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

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How to convert MBG to SAR

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MBG to SAR Conversion tables

The exchange rate of MultiBank Group is increasing.
The exchange rate of 1 MBG to Saudi Riyal has changed by +12.62% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.04%, reaching a high of 8.31 SAR and a low of 8.26 SAR . One month ago, the value of 1 MBG was ر.س-0.00 SAR , which represents a +497.72% change from its current value. Over the last year, MultiBank Group has changed by
+ر.س
0.7967SAR
, resulting in a change of +497.78% in its value.
24 hours ago1 month ago1 year ago
Amount 05:14 am today 24 hours ago 24h change
0.5 MBG
ر.س4.15ر.س4.15
-0.04%
1 MBG
ر.س8.3ر.س8.3
-0.04%
5 MBG
ر.س41.51ر.س41.52
-0.04%
10 MBG
ر.س83.01ر.س83.04
-0.04%
50 MBG
ر.س415.05ر.س415.2
-0.04%
100 MBG
ر.س830.11ر.س830.4
-0.04%
500 MBG
ر.س4,150.54ر.س4,152
-0.04%
1000 MBG
ر.س8,301.07ر.س8,304
-0.04%

MBG to SAR FAQ

How much is 1 MultiBank Group in SAR?
Right now, the price of 1 MultiBank Group (MBG) in Saudi Riyal (SAR) is ر.س8.3.
How much MBG can I buy for 1 SAR?
Based on the current exchange rate, you can get 0.1205 MBG for 1 SAR.
How do I calculate or convert MBG to SAR?
You can use our MBG to SAR calculator at the top of this page to convert any amount of MBG to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 0.6023 MBG, while 5 MBG will cost around 41.51SAR.
What is the highest price of MBG/SAR in history?
The all-time high price of 1 MBG in SAR is ر.س10.31. It remains to be seen if the value of 1 MBG/SAR will exceed the current all-time high.
What is the price trend of MultiBank Group in SAR?
Over the past 7 days, the exchange rate of MultiBank Group (MBG) has gone up by 12.62%.   Over the last month, the exchange rate of MultiBank Group (MBG) has gone up by 497.72% against Saudi Riyal (SAR).

What factors influence the conversion rate of MBG to SAR?

There are many factors that affect the relationship between MultiBank Group 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 MBG/SAR. When there is positive news in the market about the widespread adoption of MBG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MBG/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MBG/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 MBG/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 MultiBank Group 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 MultiBank Group currency pairs: MBG to US Dollar (USD), MBG to Euro (EUR), MBG to Pound Sterling (GBP), MBG to Canadian Dollar (CAD), MBG to Indian Rupee (INR), MBG to Pakistani Rupee (PKR), MBG to Brazilian Real (BRL), MBG to…
The price of MultiBank Group in the US is $2.21 USD. Additionally, MultiBank Group’s price is €1.89 EUR in the eurozone, £1.63 GBP in the UK, C$3.04 CAD in Canada, ₹193.35 INR in India, ₨628.2 PKR in Pakistan, R$11.93 BRL in Brazil, and more.
The most popular MultiBank Group currency pair is the MBG to Saudi Riyal(SAR). The price of 1 MultiBank Group (MBG) in Saudi Riyal (SAR) is ر.س8.3.

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