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Element to Saudi Riyal (ELMT to SAR)

ELMT to SAR Converter and calculator

ELMT/SAR: 1 ELMT = 0.02147 SAR. The price of converting 1 Element (ELMT) to Saudi Riyal (SAR) is 0.02147 SAR today.
ELMT
ELMT
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ELMT to SAR real-time exchange rates, making it easy to convert Element (ELMT) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 ELMT is currently valued at 0.02147 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ELMT is currently valued at 0.02147 SAR, which means buying 5 ELMT would cost 0.1073 SAR. Similarly, ر.س1 SAR can be converted to 46.58 ELMT, and ر.س50 SAR can be converted to 232.91 ELMT, excluding any platform or gas fees.

Convert ELMT to SAR

Convert SAR to ELMT

Element
Saudi Riyal
1 ELMT
0.02147  SAR
Exchange 1 ELMT for 0.02147 SAR
2 ELMT
0.04293  SAR
Exchange 2 ELMT for 0.04293 SAR
5 ELMT
0.1073  SAR
Exchange 5 ELMT for 0.1073 SAR
10 ELMT
0.2147  SAR
Exchange 10 ELMT for 0.2147 SAR
20 ELMT
0.4293  SAR
Exchange 20 ELMT for 0.4293 SAR
50 ELMT
1.07  SAR
Exchange 50 ELMT for 1.07 SAR
100 ELMT
2.15  SAR
Exchange 100 ELMT for 2.15 SAR
200 ELMT
4.29  SAR
Exchange 200 ELMT for 4.29 SAR
500 ELMT
10.73  SAR
Exchange 500 ELMT for 10.73 SAR
1000 ELMT
21.47  SAR
Exchange 1000 ELMT for 21.47 SAR
5000 ELMT
107.34  SAR
Exchange 5000 ELMT for 107.34 SAR
10000 ELMT
214.67  SAR
Exchange 10000 ELMT for 214.67 SAR
In the table above, you'll find a comprehensive ELMT to SAR converter that shows the value of Element in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 ELMT to SAR, all the way up to 10000 ELMT, providing a clear view of their respective values.
Saudi Riyal
Element
1 SAR
46.58 ELMT
Exchange 1 SAR for 46.58 ELMT
10 SAR
465.82 ELMT
Exchange 10 SAR for 465.82 ELMT
50 SAR
2,329.12 ELMT
Exchange 50 SAR for 2,329.12 ELMT
100 SAR
4,658.24 ELMT
Exchange 100 SAR for 4,658.24 ELMT
200 SAR
9,316.48 ELMT
Exchange 200 SAR for 9,316.48 ELMT
500 SAR
23,291.2 ELMT
Exchange 500 SAR for 23,291.2 ELMT
1000 SAR
46,582.39 ELMT
Exchange 1000 SAR for 46,582.39 ELMT
2000 SAR
93,164.79 ELMT
Exchange 2000 SAR for 93,164.79 ELMT
5000 SAR
232,911.97 ELMT
Exchange 5000 SAR for 232,911.97 ELMT
10000 SAR
465,823.93 ELMT
Exchange 10000 SAR for 465,823.93 ELMT
50000 SAR
2,329,119.67 ELMT
Exchange 50000 SAR for 2,329,119.67 ELMT
100000 SAR
4,658,239.34 ELMT
Exchange 100000 SAR for 4,658,239.34 ELMT
In the table above, you'll find a comprehensive SAR to ELMT converter that shows the value of Saudi Riyal in Element across commonly used conversion amounts. The list covers conversions from 1 SAR to ELMT, all the way up to 100000 SAR, providing a clear view of their respective values.

ELMT to SAR chart

ELMT/SAR: 1 ELMT = 0.02147 SAR; 2026/01/01 23:04:57
In the past 1D, Element has changed +1199.66% to SAR. Based on the trend and price charts, Element(ELMT) has changed +1199.66% to SAR while Saudi Riyal(SAR) has changed % to ELMT in the last 24 hours.
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ELMT to SAR conversion data: Volatility and price changes of Element in SAR

The highest Element price in SAR over the past 7 days was 0.02810 SAR while the lowest Element price in SAR over the past 7 days was 0.001400 SAR. The relative change between the highs and lows in Element price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and ELMT 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
0.02810 SAR
0.02810 SAR
0.02810 SAR
0.02810 SAR
Low
0.001645 SAR
0.001400 SAR
0.0009798 SAR
0.0009798 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+1199.66%
+49.11%
+1339.12%
+1077.81%

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

ELMT to SAR market statistics

ELMT/SAR:
ر.س0.02147
ELMT 24h volume:
--
ELMT market cap:
ر.س37,242,181.98
ELMT circulating supply:
1.73B ELMT

Current ELMT to SAR exchange rate

Element to Saudi Riyal is rising this week.
Element's current market price is ر.س0.02147 per ELMT, with a total market cap of ر.س37,242,181.98 SAR based on a circulating supply of 1,734,830,100 ELMT. The trading volume of Element has changed by -100.00% (ر.س-- SAR) in the last 24 hours. Last trading day, ELMT's trading volume was ر.س--.

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

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How to convert ELMT to SAR

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ELMT to SAR Conversion tables

The exchange rate of Element is increasing.
The exchange rate of 1 ELMT to Saudi Riyal has changed by +49.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1199.66%, reaching a high of 0.02810 SAR and a low of 0.001645 SAR . One month ago, the value of 1 ELMT was ر.س0.001155 SAR , which represents a +1339.12% change from its current value. Over the last year, Element has changed by
+ر.س
0.02016SAR
, resulting in a change of +1205.44% in its value.
24 hours ago1 month ago1 year ago
Amount 23:04 today 24 hours ago 24h change
0.5 ELMT
ر.س0.01073ر.س0.0006589
+1199.66%
1 ELMT
ر.س0.02147ر.س0.001318
+1199.66%
5 ELMT
ر.س0.1073ر.س0.006589
+1199.66%
10 ELMT
ر.س0.2147ر.س0.01318
+1199.66%
50 ELMT
ر.س1.07ر.س0.06589
+1199.66%
100 ELMT
ر.س2.15ر.س0.1318
+1199.66%
500 ELMT
ر.س10.73ر.س0.6589
+1199.66%
1000 ELMT
ر.س21.47ر.س1.32
+1199.66%

ELMT to SAR FAQ

How much is 1 Element in SAR?
Right now, the price of 1 Element (ELMT) in Saudi Riyal (SAR) is ر.س0.02147.
How much ELMT can I buy for 1 SAR?
Based on the current exchange rate, you can get 46.58 ELMT for 1 SAR.
How do I calculate or convert ELMT to SAR?
You can use our ELMT to SAR calculator at the top of this page to convert any amount of ELMT to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 232.91 ELMT, while 5 ELMT will cost around 0.1073SAR.
What is the highest price of ELMT/SAR in history?
The all-time high price of 1 ELMT in SAR is ر.س0.9197. It remains to be seen if the value of 1 ELMT/SAR will exceed the current all-time high.
What is the price trend of Element in SAR?
Over the past 7 days, the exchange rate of Element (ELMT) has gone up by 49.11%.   Over the last month, the exchange rate of Element (ELMT) has gone up by 1339.12% against Saudi Riyal (SAR).

What factors influence the conversion rate of ELMT to SAR?

There are many factors that affect the relationship between Element 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 ELMT/SAR. When there is positive news in the market about the widespread adoption of ELMT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ELMT/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ELMT/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 ELMT/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 Element 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 Element currency pairs: ELMT to US Dollar (USD), ELMT to Euro (EUR), ELMT to Pound Sterling (GBP), ELMT to Canadian Dollar (CAD), ELMT to Indian Rupee (INR), ELMT to Pakistani Rupee (PKR), ELMT to Brazilian Real (BRL), ELMT to…
The price of Element in the US is $0.005724 USD. Additionally, Element’s price is €0.004879 EUR in the eurozone, £0.004256 GBP in the UK, C$0.007856 CAD in Canada, ₹0.5150 INR in India, ₨1.6 PKR in Pakistan, R$0.03157 BRL in Brazil, and more.
The most popular Element currency pair is the ELMT to Saudi Riyal(SAR). The price of 1 Element (ELMT) in Saudi Riyal (SAR) is ر.س0.02147.

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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.
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