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INI to SAR Converter and calculator

INI/SAR: 1 INI = 0.09550 SAR. The price of converting 1 InitVerse (INI) to Saudi Riyal (SAR) is 0.09550 SAR today.
INI
INI
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INI to SAR real-time exchange rates, making it easy to convert InitVerse (INI) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 INI is currently valued at 0.09550 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INI is currently valued at 0.09550 SAR, which means buying 5 INI would cost 0.4775 SAR. Similarly, ر.س1 SAR can be converted to 10.47 INI, and ر.س50 SAR can be converted to 52.36 INI, excluding any platform or gas fees.

Convert INI to SAR

Convert SAR to INI

InitVerse
Saudi Riyal
1 INI
0.09550  SAR
Exchange 1 INI for 0.09550 SAR
2 INI
0.1910  SAR
Exchange 2 INI for 0.1910 SAR
5 INI
0.4775  SAR
Exchange 5 INI for 0.4775 SAR
10 INI
0.9550  SAR
Exchange 10 INI for 0.9550 SAR
20 INI
1.91  SAR
Exchange 20 INI for 1.91 SAR
50 INI
4.77  SAR
Exchange 50 INI for 4.77 SAR
100 INI
9.55  SAR
Exchange 100 INI for 9.55 SAR
200 INI
19.1  SAR
Exchange 200 INI for 19.1 SAR
500 INI
47.75  SAR
Exchange 500 INI for 47.75 SAR
1000 INI
95.5  SAR
Exchange 1000 INI for 95.5 SAR
5000 INI
477.5  SAR
Exchange 5000 INI for 477.5 SAR
10000 INI
955  SAR
Exchange 10000 INI for 955 SAR
In the table above, you'll find a comprehensive INI to SAR converter that shows the value of InitVerse in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 INI to SAR, all the way up to 10000 INI, providing a clear view of their respective values.
Saudi Riyal
InitVerse
1 SAR
10.47 INI
Exchange 1 SAR for 10.47 INI
10 SAR
104.71 INI
Exchange 10 SAR for 104.71 INI
50 SAR
523.56 INI
Exchange 50 SAR for 523.56 INI
100 SAR
1,047.12 INI
Exchange 100 SAR for 1,047.12 INI
200 SAR
2,094.24 INI
Exchange 200 SAR for 2,094.24 INI
500 SAR
5,235.61 INI
Exchange 500 SAR for 5,235.61 INI
1000 SAR
10,471.22 INI
Exchange 1000 SAR for 10,471.22 INI
2000 SAR
20,942.44 INI
Exchange 2000 SAR for 20,942.44 INI
5000 SAR
52,356.09 INI
Exchange 5000 SAR for 52,356.09 INI
10000 SAR
104,712.19 INI
Exchange 10000 SAR for 104,712.19 INI
50000 SAR
523,560.94 INI
Exchange 50000 SAR for 523,560.94 INI
100000 SAR
1,047,121.88 INI
Exchange 100000 SAR for 1,047,121.88 INI
In the table above, you'll find a comprehensive SAR to INI converter that shows the value of Saudi Riyal in InitVerse across commonly used conversion amounts. The list covers conversions from 1 SAR to INI, all the way up to 100000 SAR, providing a clear view of their respective values.

INI to SAR chart

INI/SAR: 1 INI = 0.09550 SAR; 2025/09/18 11:46:28
In the past 1D, InitVerse has changed +0.79% to SAR. Based on the trend and price charts, InitVerse(INI) has changed +0.79% to SAR while Saudi Riyal(SAR) has changed % to INI in the last 24 hours.
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INI to SAR conversion data: Volatility and price changes of InitVerse in SAR

The highest InitVerse price in SAR over the past 7 days was 0.1024 SAR while the lowest InitVerse price in SAR over the past 7 days was 0.08686 SAR. The relative change between the highs and lows in InitVerse price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and INI 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
0.09796 SAR
0.1024 SAR
0.1610 SAR
0.2030 SAR
Low
0.09364 SAR
0.08686 SAR
0.08241 SAR
0.08241 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+0.79%
+4.06%
-23.17%
-46.30%

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InitVerse information

INI to SAR market statistics

INI/SAR:
ر.س0.09550
INI 24h volume:
ر.س1,079,136.02
INI market cap:
--
INI circulating supply:
0 INI

Current INI to SAR exchange rate

InitVerse to Saudi Riyal is rising this week.
InitVerse's current market price is ر.س0.09550 per INI, with a total market cap of ر.س0 SAR based on a circulating supply of -- INI. The trading volume of InitVerse has changed by +3.54% (ر.س36,918.47 SAR) in the last 24 hours. Last trading day, INI's trading volume was ر.س1,042,217.55.

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

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INI to SAR Conversion tables

The exchange rate of InitVerse is decreasing.
The exchange rate of 1 INI to Saudi Riyal has changed by +4.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.79%, reaching a high of 0.09796 SAR and a low of 0.09364 SAR . One month ago, the value of 1 INI was ر.س0.1240 SAR , which represents a -23.17% change from its current value. Over the last year, InitVerse has changed by
+ر.س
0.09461SAR
, resulting in a change of -46.36% in its value.
24 hours ago1 month ago1 year ago
Amount 11:46 am today 24 hours ago 24h change
0.5 INI
ر.س0.04775ر.س0.04738
+0.79%
1 INI
ر.س0.09550ر.س0.09475
+0.79%
5 INI
ر.س0.4775ر.س0.4738
+0.79%
10 INI
ر.س0.9550ر.س0.9475
+0.79%
50 INI
ر.س4.77ر.س4.74
+0.79%
100 INI
ر.س9.55ر.س9.48
+0.79%
500 INI
ر.س47.75ر.س47.38
+0.79%
1000 INI
ر.س95.5ر.س94.75
+0.79%

INI to SAR FAQ

How much is 1 InitVerse in SAR?
Right now, the price of 1 InitVerse (INI) in Saudi Riyal (SAR) is ر.س0.09550.
How much INI can I buy for 1 SAR?
Based on the current exchange rate, you can get 10.47 INI for 1 SAR.
How do I calculate or convert INI to SAR?
You can use our INI to SAR calculator at the top of this page to convert any amount of INI to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 52.36 INI, while 5 INI will cost around 0.4775SAR.
What is the highest price of INI/SAR in history?
The all-time high price of 1 INI in SAR is ر.س0.2030. It remains to be seen if the value of 1 INI/SAR will exceed the current all-time high.
What is the price trend of InitVerse in SAR?
Over the past 7 days, the exchange rate of InitVerse (INI) has gone up by 4.06%.   Over the last month, the exchange rate of InitVerse (INI) has gone down by 23.17% against Saudi Riyal (SAR).

What factors influence the conversion rate of INI to SAR?

There are many factors that affect the relationship between InitVerse 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 INI/SAR. When there is positive news in the market about the widespread adoption of INI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INI/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INI/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 INI/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 InitVerse 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 InitVerse currency pairs: INI to US Dollar (USD), INI to Euro (EUR), INI to Pound Sterling (GBP), INI to Canadian Dollar (CAD), INI to Indian Rupee (INR), INI to Pakistani Rupee (PKR), INI to Brazilian Real (BRL), INI to…
The price of InitVerse in the US is $0.02546 USD. Additionally, InitVerse’s price is €0.02151 EUR in the eurozone, £0.01866 GBP in the UK, C$0.03506 CAD in Canada, ₹2.24 INR in India, ₨7.23 PKR in Pakistan, R$0.1358 BRL in Brazil, and more.
The most popular InitVerse currency pair is the INI to Saudi Riyal(SAR). The price of 1 InitVerse (INI) in Saudi Riyal (SAR) is ر.س0.09550.

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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.