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PENYS to Saudi Riyal (PENYS to SAR)

PENYS to SAR Converter and calculator

PENYS/SAR: 1 PENYS = 0.003897 SAR. The price of converting 1 PENYS (PENYS) to Saudi Riyal (SAR) is 0.003897 SAR today.
PENYS
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PENYS to SAR real-time exchange rates, making it easy to convert PENYS (PENYS) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 PENYS is currently valued at 0.003897 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PENYS is currently valued at 0.003897 SAR, which means buying 5 PENYS would cost 0.01948 SAR. Similarly, ر.س1 SAR can be converted to 256.62 PENYS, and ر.س50 SAR can be converted to 1,283.12 PENYS, excluding any platform or gas fees.

Convert PENYS to SAR

Convert SAR to PENYS

PENYS
Saudi Riyal
1 PENYS
0.003897  SAR
Exchange 1 PENYS for 0.003897 SAR
2 PENYS
0.007793  SAR
Exchange 2 PENYS for 0.007793 SAR
5 PENYS
0.01948  SAR
Exchange 5 PENYS for 0.01948 SAR
10 PENYS
0.03897  SAR
Exchange 10 PENYS for 0.03897 SAR
20 PENYS
0.07793  SAR
Exchange 20 PENYS for 0.07793 SAR
50 PENYS
0.1948  SAR
Exchange 50 PENYS for 0.1948 SAR
100 PENYS
0.3897  SAR
Exchange 100 PENYS for 0.3897 SAR
200 PENYS
0.7793  SAR
Exchange 200 PENYS for 0.7793 SAR
500 PENYS
1.95  SAR
Exchange 500 PENYS for 1.95 SAR
1000 PENYS
3.9  SAR
Exchange 1000 PENYS for 3.9 SAR
5000 PENYS
19.48  SAR
Exchange 5000 PENYS for 19.48 SAR
10000 PENYS
38.97  SAR
Exchange 10000 PENYS for 38.97 SAR
In the table above, you'll find a comprehensive PENYS to SAR converter that shows the value of PENYS in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 PENYS to SAR, all the way up to 10000 PENYS, providing a clear view of their respective values.
Saudi Riyal
PENYS
1 SAR
256.62 PENYS
Exchange 1 SAR for 256.62 PENYS
10 SAR
2,566.25 PENYS
Exchange 10 SAR for 2,566.25 PENYS
50 SAR
12,831.23 PENYS
Exchange 50 SAR for 12,831.23 PENYS
100 SAR
25,662.46 PENYS
Exchange 100 SAR for 25,662.46 PENYS
200 SAR
51,324.92 PENYS
Exchange 200 SAR for 51,324.92 PENYS
500 SAR
128,312.29 PENYS
Exchange 500 SAR for 128,312.29 PENYS
1000 SAR
256,624.58 PENYS
Exchange 1000 SAR for 256,624.58 PENYS
2000 SAR
513,249.16 PENYS
Exchange 2000 SAR for 513,249.16 PENYS
5000 SAR
1,283,122.91 PENYS
Exchange 5000 SAR for 1,283,122.91 PENYS
10000 SAR
2,566,245.81 PENYS
Exchange 10000 SAR for 2,566,245.81 PENYS
50000 SAR
12,831,229.07 PENYS
Exchange 50000 SAR for 12,831,229.07 PENYS
100000 SAR
25,662,458.14 PENYS
Exchange 100000 SAR for 25,662,458.14 PENYS
In the table above, you'll find a comprehensive SAR to PENYS converter that shows the value of Saudi Riyal in PENYS across commonly used conversion amounts. The list covers conversions from 1 SAR to PENYS, all the way up to 100000 SAR, providing a clear view of their respective values.

PENYS to SAR chart

PENYS/SAR: 1 PENYS = 0.003897 SAR; 2026/01/12 01:52:53
In the past 1D, PENYS has changed -0.62% to SAR. Based on the trend and price charts, PENYS(PENYS) has changed -0.62% to SAR while Saudi Riyal(SAR) has changed % to PENYS in the last 24 hours.
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PENYS to SAR conversion data: Volatility and price changes of PENYS in SAR

The highest PENYS price in SAR over the past 7 days was -- SAR while the lowest PENYS price in SAR over the past 7 days was -- SAR. The relative change between the highs and lows in PENYS price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and PENYS 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
0.01426 SAR
-- SAR
-- SAR
-- SAR
Low
0.003409 SAR
-- SAR
-- SAR
-- SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-0.62%
--
--
--

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PENYS information

PENYS to SAR market statistics

PENYS/SAR:
ر.س0.003897
PENYS 24h volume:
ر.س18,826,355.78
PENYS market cap:
ر.س3,896,742.81
PENYS circulating supply:
1.00B PENYS

Current PENYS to SAR exchange rate

PENYS to Saudi Riyal is falling this week.
PENYS's current market price is ر.س0.003897 per PENYS, with a total market cap of ر.س3,896,742.81 SAR based on a circulating supply of 1,000,000,000 PENYS. The trading volume of PENYS has changed by --% (ر.س-- SAR) in the last 24 hours. Last trading day, PENYS's trading volume was ر.س--.

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

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PENYS to SAR Conversion tables

The exchange rate of PENYS is decreasing.
The exchange rate of 1 PENYS to Saudi Riyal has changed by --% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.62%, reaching a high of 0.01426 SAR and a low of 0.003409 SAR . One month ago, the value of 1 PENYS was ر.س-- SAR , which represents a --% change from its current value. Over the last year, PENYS has changed by
-ر.س
--SAR
, resulting in a change of --% in its value.
24 hours ago1 month ago1 year ago
Amount 01:52 am today 24 hours ago 24h change
0.5 PENYS
ر.س0.001948ر.س--
-0.62%
1 PENYS
ر.س0.003897ر.س--
-0.62%
5 PENYS
ر.س0.01948ر.س--
-0.62%
10 PENYS
ر.س0.03897ر.س--
-0.62%
50 PENYS
ر.س0.1948ر.س--
-0.62%
100 PENYS
ر.س0.3897ر.س--
-0.62%
500 PENYS
ر.س1.95ر.س--
-0.62%
1000 PENYS
ر.س3.9ر.س--
-0.62%

PENYS to SAR FAQ

How much is 1 PENYS in SAR?
Right now, the price of 1 PENYS (PENYS) in Saudi Riyal (SAR) is ر.س0.003897.
How much PENYS can I buy for 1 SAR?
Based on the current exchange rate, you can get 256.62 PENYS for 1 SAR.
How do I calculate or convert PENYS to SAR?
You can use our PENYS to SAR calculator at the top of this page to convert any amount of PENYS to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 1,283.12 PENYS, while 5 PENYS will cost around 0.01948SAR.
What is the highest price of PENYS/SAR in history?
The all-time high price of 1 PENYS in SAR is --. It remains to be seen if the value of 1 PENYS/SAR will exceed the current all-time high.
What is the price trend of PENYS in SAR?
Over the past 7 days, the exchange rate of PENYS (PENYS) has gone down by --.   Over the last month, the exchange rate of PENYS (PENYS) has gone down by -- against Saudi Riyal (SAR).

What factors influence the conversion rate of PENYS to SAR?

There are many factors that affect the relationship between PENYS 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 PENYS/SAR. When there is positive news in the market about the widespread adoption of PENYS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PENYS/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PENYS/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 PENYS/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 PENYS 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 PENYS currency pairs: PENYS to US Dollar (USD), PENYS to Euro (EUR), PENYS to Pound Sterling (GBP), PENYS to Canadian Dollar (CAD), PENYS to Indian Rupee (INR), PENYS to Pakistani Rupee (PKR), PENYS to Brazilian Real (BRL), PENYS to…
The price of PENYS in the US is $0.001039 USD. Additionally, PENYS’s price is €0.0008932 EUR in the eurozone, £0.0007754 GBP in the UK, C$0.001446 CAD in Canada, ₹0.09377 INR in India, ₨0.2911 PKR in Pakistan, R$0.005582 BRL in Brazil, and more.
The most popular PENYS currency pair is the PENYS to Saudi Riyal(SAR). The price of 1 PENYS (PENYS) in Saudi Riyal (SAR) is ر.س0.003897.

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