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MONKAS to SAR Converter and calculator

MONKAS/SAR: 1 MONKAS = 0.{5}1197 SAR. The price of converting 1 Monkas (MONKAS) to Saudi Riyal (SAR) is 0.{5}1197 SAR today.
MONKAS
MONKAS
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MONKAS to SAR real-time exchange rates, making it easy to convert Monkas (MONKAS) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 MONKAS is currently valued at 0.00 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MONKAS is currently valued at 0.00 SAR, which means buying 5 MONKAS would cost 0.00 SAR. Similarly, ر.س1 SAR can be converted to 835,281.96 MONKAS, and ر.س50 SAR can be converted to 4,176,409.8 MONKAS, excluding any platform or gas fees.

Convert MONKAS to SAR

Convert SAR to MONKAS

Monkas
Saudi Riyal
1 MONKAS
0.{5}1197  SAR
2 MONKAS
0.{5}2394  SAR
5 MONKAS
0.{5}5986  SAR
10 MONKAS
0.{4}1197  SAR
20 MONKAS
0.{4}2394  SAR
50 MONKAS
0.{4}5986  SAR
100 MONKAS
0.0001197  SAR
200 MONKAS
0.0002394  SAR
500 MONKAS
0.0005986  SAR
1000 MONKAS
0.001197  SAR
5000 MONKAS
0.005986  SAR
10000 MONKAS
0.01197  SAR
In the table above, you'll find a comprehensive MONKAS to SAR converter that shows the value of Monkas in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 MONKAS to SAR, all the way up to 10000 MONKAS, providing a clear view of their respective values.
Saudi Riyal
Monkas
1 SAR
835,281.96 MONKAS
10 SAR
8,352,819.6 MONKAS
50 SAR
41,764,098.02 MONKAS
100 SAR
83,528,196.03 MONKAS
200 SAR
167,056,392.06 MONKAS
500 SAR
417,640,980.16 MONKAS
1000 SAR
835,281,960.32 MONKAS
2000 SAR
1,670,563,920.64 MONKAS
5000 SAR
4,176,409,801.59 MONKAS
10000 SAR
8,352,819,603.19 MONKAS
50000 SAR
41,764,098,015.94 MONKAS
100000 SAR
83,528,196,031.88 MONKAS
In the table above, you'll find a comprehensive SAR to MONKAS converter that shows the value of Saudi Riyal in Monkas across commonly used conversion amounts. The list covers conversions from 1 SAR to MONKAS, all the way up to 100000 SAR, providing a clear view of their respective values.

MONKAS to SAR chart

MONKAS/SAR: 1 MONKAS = 0.{5}1197 SAR; 2025/05/15 15:24:44
In the past 1D, Monkas has changed -3.65% to SAR. Based on the trend and price charts, Monkas(MONKAS) has changed -3.65% to SAR while Saudi Riyal(SAR) has changed % to MONKAS in the last 24 hours.
1D7D1M3M1YAll

MONKAS to SAR conversion data: Volatility and price changes of Monkas in SAR

The highest Monkas price in SAR over the past 7 days was 0.{5}2968 SAR while the lowest Monkas price in SAR over the past 7 days was 0.{6}6388 SAR. The relative change between the highs and lows in Monkas price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MONKAS to SAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.{5}1252 SAR
0.{5}2968 SAR
0.{5}2968 SAR
0.{5}2968 SAR
Low
0.{5}1206 SAR
0.{6}6388 SAR
0.{6}6388 SAR
0.{6}6388 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-3.65%
+86.45%
+27.04%
-29.25%

Monkas information

MONKAS to SAR market statistics

MONKAS/SAR:
ر.س0.{5}1197
MONKAS 24h volume:
--
MONKAS market cap:
--
MONKAS circulating supply:
0 MONKAS

Current MONKAS to SAR exchange rate

Monkas to Saudi Riyal is rising this week.
Monkas's current market price is ر.س0.{5}1197 per MONKAS, with a total market cap of ر.س0 SAR based on a circulating supply of -- MONKAS. The trading volume of Monkas has changed by 0.00% (ر.س0 SAR) in the last 24 hours. Last trading day, MONKAS's trading volume was ر.س0.

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

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How to convert MONKAS to SAR

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MONKAS to SAR Conversion tables

The exchange rate of Monkas is increasing.
The exchange rate of 1 MONKAS to Saudi Riyal has changed by +86.45% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.65%, reaching a high of 0.{5}1252 SAR and a low of 0.{5}1206 SAR . One month ago, the value of 1 MONKAS was ر.س0.{6}9405 SAR , which represents a +27.04% change from its current value. Over the last year, Monkas has changed by
-ر.س
0.{4}1845SAR
, resulting in a change of -93.86% in its value.
24 hours ago1 month ago1 year ago
Amount15:24 today24 hours ago24h change
0.5 MONKASر.س0.{6}5986ر.س0.{6}6215
-3.65%
1 MONKASر.س0.{5}1197ر.س0.{5}1243
-3.65%
5 MONKASر.س0.{5}5986ر.س0.{5}6215
-3.65%
10 MONKASر.س0.{4}1197ر.س0.{4}1243
-3.65%
50 MONKASر.س0.{4}5986ر.س0.{4}6215
-3.65%
100 MONKASر.س0.0001197ر.س0.0001243
-3.65%
500 MONKASر.س0.0005986ر.س0.0006215
-3.65%
1000 MONKASر.س0.001197ر.س0.001243
-3.65%

MONKAS to SAR FAQ

How much is 1 Monkas in SAR?
Right now, the price of 1 Monkas (MONKAS) in Saudi Riyal (SAR) is ر.س0.{5}1197.
How much MONKAS can I buy for 1 SAR?
Based on the current exchange rate, you can get 835,281.96 MONKAS for 1 SAR.
How do I calculate or convert MONKAS to SAR?
You can use our MONKAS to SAR calculator at the top of this page to convert any amount of MONKAS to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 4,176,409.8 MONKAS, while 5 MONKAS will cost around 0.{5}5986SAR.
What is the highest price of MONKAS/SAR in history?
The all-time high price of 1 MONKAS in SAR is ر.س0.{4}8354. It remains to be seen if the value of 1 MONKAS/SAR will exceed the current all-time high.
What is the price trend of Monkas in SAR?
Over the past 7 days, the exchange rate of Monkas (MONKAS) has gone up by 86.45%.   Over the last month, the exchange rate of Monkas (MONKAS) has gone up by 27.04% against Saudi Riyal (SAR).

What factors influence the conversion rate of MONKAS to SAR?

There are many factors that affect the relationship between Monkas 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 MONKAS/SAR. When there is positive news in the market about the widespread adoption of MONKAS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MONKAS/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MONKAS/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 MONKAS/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 Monkas and adjust their investment strategies accordingly in the evolving market.

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