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Magic Eden to Saudi Riyal (ME to SAR)

ME to SAR Converter and calculator

ME/SAR: 1 ME = 0.7607 SAR. The price of converting 1 Magic Eden (ME) to Saudi Riyal (SAR) is 0.7607 SAR today.
ME
ME
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ME to SAR real-time exchange rates, making it easy to convert Magic Eden (ME) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 ME is currently valued at 0.7607 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ME is currently valued at 0.7607 SAR, which means buying 5 ME would cost 3.8 SAR. Similarly, ر.س1 SAR can be converted to 1.31 ME, and ر.س50 SAR can be converted to 6.57 ME, excluding any platform or gas fees.

Convert ME to SAR

Convert SAR to ME

Magic Eden
Saudi Riyal
1 ME
0.7607  SAR
Exchange 1 ME for 0.7607 SAR
2 ME
1.52  SAR
Exchange 2 ME for 1.52 SAR
5 ME
3.8  SAR
Exchange 5 ME for 3.8 SAR
10 ME
7.61  SAR
Exchange 10 ME for 7.61 SAR
20 ME
15.21  SAR
Exchange 20 ME for 15.21 SAR
50 ME
38.03  SAR
Exchange 50 ME for 38.03 SAR
100 ME
76.07  SAR
Exchange 100 ME for 76.07 SAR
200 ME
152.14  SAR
Exchange 200 ME for 152.14 SAR
500 ME
380.35  SAR
Exchange 500 ME for 380.35 SAR
1000 ME
760.7  SAR
Exchange 1000 ME for 760.7 SAR
5000 ME
3,803.48  SAR
Exchange 5000 ME for 3,803.48 SAR
10000 ME
7,606.97  SAR
Exchange 10000 ME for 7,606.97 SAR
In the table above, you'll find a comprehensive ME to SAR converter that shows the value of Magic Eden in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 ME to SAR, all the way up to 10000 ME, providing a clear view of their respective values.
Saudi Riyal
Magic Eden
1 SAR
1.31 ME
Exchange 1 SAR for 1.31 ME
10 SAR
13.15 ME
Exchange 10 SAR for 13.15 ME
50 SAR
65.73 ME
Exchange 50 SAR for 65.73 ME
100 SAR
131.46 ME
Exchange 100 SAR for 131.46 ME
200 SAR
262.92 ME
Exchange 200 SAR for 262.92 ME
500 SAR
657.29 ME
Exchange 500 SAR for 657.29 ME
1000 SAR
1,314.58 ME
Exchange 1000 SAR for 1,314.58 ME
2000 SAR
2,629.17 ME
Exchange 2000 SAR for 2,629.17 ME
5000 SAR
6,572.92 ME
Exchange 5000 SAR for 6,572.92 ME
10000 SAR
13,145.85 ME
Exchange 10000 SAR for 13,145.85 ME
50000 SAR
65,729.23 ME
Exchange 50000 SAR for 65,729.23 ME
100000 SAR
131,458.47 ME
Exchange 100000 SAR for 131,458.47 ME
In the table above, you'll find a comprehensive SAR to ME converter that shows the value of Saudi Riyal in Magic Eden across commonly used conversion amounts. The list covers conversions from 1 SAR to ME, all the way up to 100000 SAR, providing a clear view of their respective values.

ME to SAR chart

ME/SAR: 1 ME = 0.7607 SAR; 2025/12/26 00:22:56
In the past 1D, Magic Eden has changed +0.56% to SAR. Based on the trend and price charts, Magic Eden(ME) has changed +0.56% to SAR while Saudi Riyal(SAR) has changed % to ME in the last 24 hours.
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ME to SAR conversion data: Volatility and price changes of Magic Eden in SAR

The highest Magic Eden price in SAR over the past 7 days was 0.8590 SAR while the lowest Magic Eden price in SAR over the past 7 days was 0.7314 SAR. The relative change between the highs and lows in Magic Eden price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and ME 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
0.7907 SAR
0.8590 SAR
1.44 SAR
2.62 SAR
Low
0.7524 SAR
0.7314 SAR
0.7314 SAR
0.7314 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+0.56%
-2.55%
-45.52%
-69.47%

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Magic Eden information

ME to SAR market statistics

ME/SAR:
ر.س0.7607
ME 24h volume:
ر.س36,141,801.37
ME market cap:
ر.س269,083,271.59
ME circulating supply:
353.73M ME

Current ME to SAR exchange rate

Magic Eden to Saudi Riyal is falling this week.
Magic Eden's current market price is ر.س0.7607 per ME, with a total market cap of ر.س269,083,271.59 SAR based on a circulating supply of 353,732,740 ME. The trading volume of Magic Eden has changed by +20.02% (ر.س6,027,874.61 SAR) in the last 24 hours. Last trading day, ME's trading volume was ر.س30,113,926.76.

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

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How to convert ME to SAR

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ME to SAR Conversion tables

The exchange rate of Magic Eden is decreasing.
The exchange rate of 1 ME to Saudi Riyal has changed by -2.55% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.56%, reaching a high of 0.7907 SAR and a low of 0.7524 SAR . One month ago, the value of 1 ME was ر.س1.4 SAR , which represents a -45.52% change from its current value. Over the last year, Magic Eden has changed by
-ر.س
12.35SAR
, resulting in a change of -94.18% in its value.
24 hours ago1 month ago1 year ago
Amount 00:22 am today 24 hours ago 24h change
0.5 ME
ر.س0.3803ر.س0.3782
+0.56%
1 ME
ر.س0.7607ر.س0.7564
+0.56%
5 ME
ر.س3.8ر.س3.78
+0.56%
10 ME
ر.س7.61ر.س7.56
+0.56%
50 ME
ر.س38.03ر.س37.82
+0.56%
100 ME
ر.س76.07ر.س75.64
+0.56%
500 ME
ر.س380.35ر.س378.22
+0.56%
1000 ME
ر.س760.7ر.س756.43
+0.56%

ME to SAR FAQ

How much is 1 Magic Eden in SAR?
Right now, the price of 1 Magic Eden (ME) in Saudi Riyal (SAR) is ر.س0.7607.
How much ME can I buy for 1 SAR?
Based on the current exchange rate, you can get 1.31 ME for 1 SAR.
How do I calculate or convert ME to SAR?
You can use our ME to SAR calculator at the top of this page to convert any amount of ME to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 6.57 ME, while 5 ME will cost around 3.8SAR.
What is the highest price of ME/SAR in history?
The all-time high price of 1 ME in SAR is ر.س49.65. It remains to be seen if the value of 1 ME/SAR will exceed the current all-time high.
What is the price trend of Magic Eden in SAR?
Over the past 7 days, the exchange rate of Magic Eden (ME) has gone down by 2.55%.   Over the last month, the exchange rate of Magic Eden (ME) has gone down by 45.52% against Saudi Riyal (SAR).

What factors influence the conversion rate of ME to SAR?

There are many factors that affect the relationship between Magic Eden 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 ME/SAR. When there is positive news in the market about the widespread adoption of ME or major technological breakthroughs, it tends to trigger market optimism and drive the rise of ME/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in ME/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 ME/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 Magic Eden 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 Magic Eden currency pairs: ME to US Dollar (USD), ME to Euro (EUR), ME to Pound Sterling (GBP), ME to Canadian Dollar (CAD), ME to Indian Rupee (INR), ME to Pakistani Rupee (PKR), ME to Brazilian Real (BRL), ME to…
The price of Magic Eden in the US is $0.2028 USD. Additionally, Magic Eden’s price is €0.1721 EUR in the eurozone, £0.1500 GBP in the UK, C$0.2775 CAD in Canada, ₹18.28 INR in India, ₨56.82 PKR in Pakistan, R$1.12 BRL in Brazil, and more.
The most popular Magic Eden currency pair is the ME to Saudi Riyal(SAR). The price of 1 Magic Eden (ME) in Saudi Riyal (SAR) is ر.س0.7607.

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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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