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GIB to SAR Converter and calculator

GIB/SAR: 1 GIB = 0.0004830 SAR. The price of converting 1 gib (GIB) to Saudi Riyal (SAR) is 0.0004830 SAR today.
GIB
GIB
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GIB to SAR real-time exchange rates, making it easy to convert gib (GIB) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 GIB is currently valued at 0.0004830 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GIB is currently valued at 0.0004830 SAR, which means buying 5 GIB would cost 0.002415 SAR. Similarly, ر.س1 SAR can be converted to 2,070.46 GIB, and ر.س50 SAR can be converted to 10,352.29 GIB, excluding any platform or gas fees.

Convert GIB to SAR

Convert SAR to GIB

gib
Saudi Riyal
1 GIB
0.0004830  SAR
Exchange 1 GIB for 0.0004830 SAR
2 GIB
0.0009660  SAR
Exchange 2 GIB for 0.0009660 SAR
5 GIB
0.002415  SAR
Exchange 5 GIB for 0.002415 SAR
10 GIB
0.004830  SAR
Exchange 10 GIB for 0.004830 SAR
20 GIB
0.009660  SAR
Exchange 20 GIB for 0.009660 SAR
50 GIB
0.02415  SAR
Exchange 50 GIB for 0.02415 SAR
100 GIB
0.04830  SAR
Exchange 100 GIB for 0.04830 SAR
200 GIB
0.09660  SAR
Exchange 200 GIB for 0.09660 SAR
500 GIB
0.2415  SAR
Exchange 500 GIB for 0.2415 SAR
1000 GIB
0.4830  SAR
Exchange 1000 GIB for 0.4830 SAR
5000 GIB
2.41  SAR
Exchange 5000 GIB for 2.41 SAR
10000 GIB
4.83  SAR
Exchange 10000 GIB for 4.83 SAR
In the table above, you'll find a comprehensive GIB to SAR converter that shows the value of gib in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 GIB to SAR, all the way up to 10000 GIB, providing a clear view of their respective values.
Saudi Riyal
gib
1 SAR
2,070.46 GIB
Exchange 1 SAR for 2,070.46 GIB
10 SAR
20,704.57 GIB
Exchange 10 SAR for 20,704.57 GIB
50 SAR
103,522.87 GIB
Exchange 50 SAR for 103,522.87 GIB
100 SAR
207,045.74 GIB
Exchange 100 SAR for 207,045.74 GIB
200 SAR
414,091.47 GIB
Exchange 200 SAR for 414,091.47 GIB
500 SAR
1,035,228.69 GIB
Exchange 500 SAR for 1,035,228.69 GIB
1000 SAR
2,070,457.37 GIB
Exchange 1000 SAR for 2,070,457.37 GIB
2000 SAR
4,140,914.75 GIB
Exchange 2000 SAR for 4,140,914.75 GIB
5000 SAR
10,352,286.87 GIB
Exchange 5000 SAR for 10,352,286.87 GIB
10000 SAR
20,704,573.73 GIB
Exchange 10000 SAR for 20,704,573.73 GIB
50000 SAR
103,522,868.66 GIB
Exchange 50000 SAR for 103,522,868.66 GIB
100000 SAR
207,045,737.32 GIB
Exchange 100000 SAR for 207,045,737.32 GIB
In the table above, you'll find a comprehensive SAR to GIB converter that shows the value of Saudi Riyal in gib across commonly used conversion amounts. The list covers conversions from 1 SAR to GIB, all the way up to 100000 SAR, providing a clear view of their respective values.

GIB to SAR chart

GIB/SAR: 1 GIB = 0.0004830 SAR; 2025/11/21 01:26:22
In the past 1D, gib has changed +14.41% to SAR. Based on the trend and price charts, gib(GIB) has changed +14.41% to SAR while Saudi Riyal(SAR) has changed % to GIB in the last 24 hours.
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GIB to SAR conversion data: Volatility and price changes of gib in SAR

The highest gib price in SAR over the past 7 days was 0.0005166 SAR while the lowest gib price in SAR over the past 7 days was 0.0003744 SAR. The relative change between the highs and lows in gib price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GIB 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
0.0005166 SAR
0.0005166 SAR
0.0008549 SAR
0.004726 SAR
Low
0.0003971 SAR
0.0003744 SAR
0.0003744 SAR
0.0003744 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+14.41%
-2.28%
-34.62%
-89.40%

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Bitget P2P trading does not currently support direct buying of GIB with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy GIB with USDT via Bitget spot market.
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gib information

GIB to SAR market statistics

GIB/SAR:
ر.س0.0004830
GIB 24h volume:
ر.س751,553.25
GIB market cap:
--
GIB circulating supply:
0 GIB

Current GIB to SAR exchange rate

gib to Saudi Riyal is falling this week.
gib's current market price is ر.س0.0004830 per GIB, with a total market cap of ر.س0 SAR based on a circulating supply of -- GIB. The trading volume of gib has changed by +50.42% (ر.س251,923.71 SAR) in the last 24 hours. Last trading day, GIB's trading volume was ر.س499,629.54.

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

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How to convert GIB to SAR

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GIB to SAR Conversion tables

The exchange rate of gib is decreasing.
The exchange rate of 1 GIB to Saudi Riyal has changed by -2.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.41%, reaching a high of 0.0005166 SAR and a low of 0.0003971 SAR . One month ago, the value of 1 GIB was ر.س0.0007349 SAR , which represents a -34.62% change from its current value. Over the last year, gib has changed by
+ر.س
0.0004758SAR
, resulting in a change of -95.35% in its value.
24 hours ago1 month ago1 year ago
Amount 01:26 am today 24 hours ago 24h change
0.5 GIB
ر.س0.0002415ر.س0.0002115
+14.41%
1 GIB
ر.س0.0004830ر.س0.0004230
+14.41%
5 GIB
ر.س0.002415ر.س0.002115
+14.41%
10 GIB
ر.س0.004830ر.س0.004230
+14.41%
50 GIB
ر.س0.02415ر.س0.02115
+14.41%
100 GIB
ر.س0.04830ر.س0.04230
+14.41%
500 GIB
ر.س0.2415ر.س0.2115
+14.41%
1000 GIB
ر.س0.4830ر.س0.4230
+14.41%

GIB to SAR FAQ

How much is 1 gib in SAR?
Right now, the price of 1 gib (GIB) in Saudi Riyal (SAR) is ر.س0.0004830.
How much GIB can I buy for 1 SAR?
Based on the current exchange rate, you can get 2,070.46 GIB for 1 SAR.
How do I calculate or convert GIB to SAR?
You can use our GIB to SAR calculator at the top of this page to convert any amount of GIB to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 10,352.29 GIB, while 5 GIB will cost around 0.002415SAR.
What is the highest price of GIB/SAR in history?
The all-time high price of 1 GIB in SAR is ر.س0.05840. It remains to be seen if the value of 1 GIB/SAR will exceed the current all-time high.
What is the price trend of gib in SAR?
Over the past 7 days, the exchange rate of gib (GIB) has gone down by 2.28%.   Over the last month, the exchange rate of gib (GIB) has gone down by 34.62% against Saudi Riyal (SAR).

What factors influence the conversion rate of GIB to SAR?

There are many factors that affect the relationship between gib 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 GIB/SAR. When there is positive news in the market about the widespread adoption of GIB or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GIB/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GIB/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 GIB/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 gib 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 gib currency pairs: GIB to US Dollar (USD), GIB to Euro (EUR), GIB to Pound Sterling (GBP), GIB to Canadian Dollar (CAD), GIB to Indian Rupee (INR), GIB to Pakistani Rupee (PKR), GIB to Brazilian Real (BRL), GIB to…
The price of gib in the US is $0.0001288 USD. Additionally, gib’s price is €0.0001117 EUR in the eurozone, £0.{4}9850 GBP in the UK, C$0.0001815 CAD in Canada, ₹0.01142 INR in India, ₨0.03640 PKR in Pakistan, R$0.0006869 BRL in Brazil, and more.
The most popular gib currency pair is the GIB to Saudi Riyal(SAR). The price of 1 gib (GIB) in Saudi Riyal (SAR) is ر.س0.0004830.

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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.