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MTG to SAR Converter and calculator

MTG/SAR: 1 MTG = 0.07718 SAR. The price of converting 1 MagnetGold (MTG) to Saudi Riyal (SAR) is 0.07718 SAR today.
MTG
MTG
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MTG to SAR real-time exchange rates, making it easy to convert MagnetGold (MTG) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MTG is currently valued at 0.07718 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MTG is currently valued at 0.07718 SAR, which means buying 5 MTG would cost 0.3859 SAR. Similarly, ر.س1 SAR can be converted to 12.96 MTG, and ر.س50 SAR can be converted to 64.78 MTG, excluding any platform or gas fees.

Convert MTG to SAR

Convert SAR to MTG

MagnetGold
Saudi Riyal
1 MTG
0.07718  SAR
Exchange 1 MTG for 0.07718 SAR
2 MTG
0.1544  SAR
Exchange 2 MTG for 0.1544 SAR
5 MTG
0.3859  SAR
Exchange 5 MTG for 0.3859 SAR
10 MTG
0.7718  SAR
Exchange 10 MTG for 0.7718 SAR
20 MTG
1.54  SAR
Exchange 20 MTG for 1.54 SAR
50 MTG
3.86  SAR
Exchange 50 MTG for 3.86 SAR
100 MTG
7.72  SAR
Exchange 100 MTG for 7.72 SAR
200 MTG
15.44  SAR
Exchange 200 MTG for 15.44 SAR
500 MTG
38.59  SAR
Exchange 500 MTG for 38.59 SAR
1000 MTG
77.18  SAR
Exchange 1000 MTG for 77.18 SAR
5000 MTG
385.89  SAR
Exchange 5000 MTG for 385.89 SAR
10000 MTG
771.79  SAR
Exchange 10000 MTG for 771.79 SAR
In the table above, you'll find a comprehensive MTG to SAR converter that shows the value of MagnetGold in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MTG to SAR, all the way up to 10000 MTG, providing a clear view of their respective values.
Saudi Riyal
MagnetGold
1 SAR
12.96 MTG
Exchange 1 SAR for 12.96 MTG
10 SAR
129.57 MTG
Exchange 10 SAR for 129.57 MTG
50 SAR
647.85 MTG
Exchange 50 SAR for 647.85 MTG
100 SAR
1,295.7 MTG
Exchange 100 SAR for 1,295.7 MTG
200 SAR
2,591.39 MTG
Exchange 200 SAR for 2,591.39 MTG
500 SAR
6,478.48 MTG
Exchange 500 SAR for 6,478.48 MTG
1000 SAR
12,956.96 MTG
Exchange 1000 SAR for 12,956.96 MTG
2000 SAR
25,913.93 MTG
Exchange 2000 SAR for 25,913.93 MTG
5000 SAR
64,784.82 MTG
Exchange 5000 SAR for 64,784.82 MTG
10000 SAR
129,569.64 MTG
Exchange 10000 SAR for 129,569.64 MTG
50000 SAR
647,848.19 MTG
Exchange 50000 SAR for 647,848.19 MTG
100000 SAR
1,295,696.37 MTG
Exchange 100000 SAR for 1,295,696.37 MTG
In the table above, you'll find a comprehensive SAR to MTG converter that shows the value of Saudi Riyal in MagnetGold across commonly used conversion amounts. The list covers conversions from 1 SAR to MTG, all the way up to 100000 SAR, providing a clear view of their respective values.

MTG to SAR chart

MTG/SAR: 1 MTG = 0.07718 SAR; 2025/08/31 17:04:10
In the past 1D, MagnetGold has changed +3.92% to SAR. Based on the trend and price charts, MagnetGold(MTG) has changed +3.92% to SAR while Saudi Riyal(SAR) has changed % to MTG in the last 24 hours.
1D7D1M3M1YAll

MTG to SAR conversion data: Volatility and price changes of MagnetGold in SAR

The highest MagnetGold price in SAR over the past 7 days was 0.09553 SAR while the lowest MagnetGold price in SAR over the past 7 days was 0.06302 SAR. The relative change between the highs and lows in MagnetGold price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MTG 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
0.07720 SAR
0.09553 SAR
0.1213 SAR
0.1440 SAR
Low
0.07130 SAR
0.06302 SAR
0.06153 SAR
0.02504 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
+3.92%
-9.22%
-30.28%
-27.43%

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MagnetGold information

MTG to SAR market statistics

MTG/SAR:
ر.س0.07718
MTG 24h volume:
ر.س5.34
MTG market cap:
--
MTG circulating supply:
0 MTG

Current MTG to SAR exchange rate

MagnetGold to Saudi Riyal is falling this week.
MagnetGold's current market price is ر.س0.07718 per MTG, with a total market cap of ر.س0 SAR based on a circulating supply of -- MTG. The trading volume of MagnetGold has changed by -30.59% (ر.س-2.35 SAR) in the last 24 hours. Last trading day, MTG's trading volume was ر.س7.7.

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

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MTG to SAR Conversion tables

The exchange rate of MagnetGold is decreasing.
The exchange rate of 1 MTG to Saudi Riyal has changed by -9.22% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.92%, reaching a high of 0.07720 SAR and a low of 0.07130 SAR . One month ago, the value of 1 MTG was ر.س0.1107 SAR , which represents a -30.28% change from its current value. Over the last year, MagnetGold has changed by
-ر.س
0.06623SAR
, resulting in a change of -46.18% in its value.
24 hours ago1 month ago1 year ago
Amount 17:04 today 24 hours ago 24h change
0.5 MTG
ر.س0.03859ر.س0.03714
+3.92%
1 MTG
ر.س0.07718ر.س0.07427
+3.92%
5 MTG
ر.س0.3859ر.س0.3714
+3.92%
10 MTG
ر.س0.7718ر.س0.7427
+3.92%
50 MTG
ر.س3.86ر.س3.71
+3.92%
100 MTG
ر.س7.72ر.س7.43
+3.92%
500 MTG
ر.س38.59ر.س37.14
+3.92%
1000 MTG
ر.س77.18ر.س74.27
+3.92%

MTG to SAR FAQ

How much is 1 MagnetGold in SAR?
Right now, the price of 1 MagnetGold (MTG) in Saudi Riyal (SAR) is ر.س0.07718.
How much MTG can I buy for 1 SAR?
Based on the current exchange rate, you can get 12.96 MTG for 1 SAR.
How do I calculate or convert MTG to SAR?
You can use our MTG to SAR calculator at the top of this page to convert any amount of MTG to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 64.78 MTG, while 5 MTG will cost around 0.3859SAR.
What is the highest price of MTG/SAR in history?
The all-time high price of 1 MTG in SAR is ر.س4.46. It remains to be seen if the value of 1 MTG/SAR will exceed the current all-time high.
What is the price trend of MagnetGold in SAR?
Over the past 7 days, the exchange rate of MagnetGold (MTG) has gone down by 9.22%.   Over the last month, the exchange rate of MagnetGold (MTG) has gone down by 30.28% against Saudi Riyal (SAR).

What factors influence the conversion rate of MTG to SAR?

There are many factors that affect the relationship between MagnetGold 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 MTG/SAR. When there is positive news in the market about the widespread adoption of MTG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MTG/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MTG/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 MTG/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 MagnetGold 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 MagnetGold currency pairs: MTG to US Dollar (USD), MTG to Euro (EUR), MTG to Pound Sterling (GBP), MTG to Canadian Dollar (CAD), MTG to Indian Rupee (INR), MTG to Pakistani Rupee (PKR), MTG to Brazilian Real (BRL), MTG to…
The price of MagnetGold in the US is $0.02057 USD. Additionally, MagnetGold’s price is €0.01782 EUR in the eurozone, £0.01548 GBP in the UK, C$0.02828 CAD in Canada, ₹1.81 INR in India, ₨5.83 PKR in Pakistan, R$0.1117 BRL in Brazil, and more.
The most popular MagnetGold currency pair is the MTG to Saudi Riyal(SAR). The price of 1 MagnetGold (MTG) in Saudi Riyal (SAR) is ر.س0.07718.

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