CTOAI to SAR Converter and calculator


Conversion rates
Convert CTOAI to SAR
Convert SAR to CTOAI
CTOAI to SAR chart
CTOAI to SAR conversion data: Volatility and price changes of ClustroAI in SAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{4}2060 SAR | 0.{4}2060 SAR | 0.{4}2372 SAR | 0.{4}2918 SAR |
Low | 0.{4}2060 SAR | 0.{4}1928 SAR | 0.{4}1818 SAR | 0.{4}1644 SAR |
Average | 0 SAR | 0 SAR | 0 SAR | 0 SAR |
Volatility | % | % | % | % |
Change | -0.00% | +2.80% | +24.14% | +22.92% |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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ClustroAI information
CTOAI to SAR market statistics
Current CTOAI to SAR exchange rate
ClustroAI to Saudi Riyal is rising this week.More info about ClustroAI 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.
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CTOAI to SAR Conversion tables
Amount | 02:58 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CTOAI | ر.س0.{4}1127 | ر.س0.{4}1127 | -0.00% |
1 CTOAI | ر.س0.{4}2254 | ر.س0.{4}2254 | -0.00% |
5 CTOAI | ر.س0.0001127 | ر.س0.0001127 | -0.00% |
10 CTOAI | ر.س0.0002254 | ر.س0.0002254 | -0.00% |
50 CTOAI | ر.س0.001127 | ر.س0.001127 | -0.00% |
100 CTOAI | ر.س0.002254 | ر.س0.002254 | -0.00% |
500 CTOAI | ر.س0.01127 | ر.س0.01127 | -0.00% |
1000 CTOAI | ر.س0.02254 | ر.س0.02254 | -0.00% |
CTOAI to SAR FAQ
What factors influence the conversion rate of CTOAI to SAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of ClustroAI in the US is $0.{5}6006 USD. Additionally, ClustroAI’s price is €0.{5}5156 EUR in the eurozone, £0.{5}4464 GBP in the UK, C$0.{5}8261 CAD in Canada, ₹0.0005269 INR in India, ₨0.001703 PKR in Pakistan, R$0.{4}3265 BRL in Brazil, and more.
The most popular ClustroAI currency pair is the CTOAI to Saudi Riyal(SAR). The price of 1 ClustroAI (CTOAI) in Saudi Riyal (SAR) is ر.س0.{4}2254.
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