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GLDX to SAR Converter and calculator

GLDX/SAR: 1 GLDX = 0.05252 SAR. The price of converting 1 Goldex Token (GLDX) to Saudi Riyal (SAR) is 0.05252 SAR today.
GLDX
GLDX
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GLDX to SAR real-time exchange rates, making it easy to convert Goldex Token (GLDX) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 GLDX is currently valued at 0.05 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GLDX is currently valued at 0.05 SAR, which means buying 5 GLDX would cost 0.26 SAR. Similarly, ر.س1 SAR can be converted to 19.04 GLDX, and ر.س50 SAR can be converted to 95.19 GLDX, excluding any platform or gas fees.

Convert GLDX to SAR

Convert SAR to GLDX

Goldex Token
Saudi Riyal
5000 GLDX
262.62  SAR
10000 GLDX
525.25  SAR
In the table above, you'll find a comprehensive GLDX to SAR converter that shows the value of Goldex Token in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 GLDX to SAR, all the way up to 10000 GLDX, providing a clear view of their respective values.
Saudi Riyal
Goldex Token
5000 SAR
95,193.01 GLDX
10000 SAR
190,386.02 GLDX
50000 SAR
951,930.09 GLDX
100000 SAR
1,903,860.18 GLDX
In the table above, you'll find a comprehensive SAR to GLDX converter that shows the value of Saudi Riyal in Goldex Token across commonly used conversion amounts. The list covers conversions from 1 SAR to GLDX, all the way up to 100000 SAR, providing a clear view of their respective values.

GLDX to SAR chart

GLDX/SAR: 1 GLDX = 0.05252 SAR; 2025/04/27 04:28:49
In the past 1D, Goldex Token has changed -0.02% to SAR. Based on the trend and price charts, Goldex Token(GLDX) has changed -0.02% to SAR while Saudi Riyal(SAR) has changed % to GLDX in the last 24 hours.
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GLDX to SAR conversion data: Volatility and price changes of Goldex Token in SAR

The highest Goldex Token price in SAR over the past 7 days was 0.05257 SAR while the lowest Goldex Token price in SAR over the past 7 days was 0.05244 SAR. The relative change between the highs and lows in Goldex Token price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GLDX 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
0.05256 SAR
0.05257 SAR
0.9746 SAR
1.13 SAR
Low
0.05252 SAR
0.05244 SAR
0.05244 SAR
0.05244 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-0.02%
+0.03%
-11.91%
-24.28%

Goldex Token information

GLDX to SAR market statistics

GLDX/SAR:
ر.س0.05252
GLDX 24h volume:
ر.س182.19
GLDX market cap:
--
GLDX circulating supply:
0 GLDX

Current GLDX to SAR exchange rate

Goldex Token to Saudi Riyal is rising this week.
Goldex Token's current market price is ر.س0.05252 per GLDX, with a total market cap of ر.س0 SAR based on a circulating supply of -- GLDX. The trading volume of Goldex Token has changed by 0.00% (ر.س0.008927 SAR) in the last 24 hours. Last trading day, GLDX's trading volume was ر.س182.18.

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

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How to convert GLDX to SAR

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GLDX to SAR Conversion tables

The exchange rate of Goldex Token is decreasing.
The exchange rate of 1 GLDX to Saudi Riyal has changed by +0.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.02%, reaching a high of 0.05256 SAR and a low of 0.05252 SAR . One month ago, the value of 1 GLDX was ر.س0.05963 SAR , which represents a -11.91% change from its current value. Over the last year, Goldex Token has changed by
-ر.س
0.003729SAR
, resulting in a change of -6.63% in its value.
24 hours ago1 month ago1 year ago
Amount04:28 am today24 hours ago24h change
0.5 GLDXر.س0.02626ر.س0.02627
-0.02%
1 GLDXر.س0.05252ر.س0.05254
-0.02%
5 GLDXر.س0.2626ر.س0.2627
-0.02%
10 GLDXر.س0.5252ر.س0.5254
-0.02%
50 GLDXر.س2.63ر.س2.63
-0.02%
100 GLDXر.س5.25ر.س5.25
-0.02%
500 GLDXر.س26.26ر.س26.27
-0.02%
1000 GLDXر.س52.52ر.س52.54
-0.02%

GLDX to SAR FAQ

How much is 1 Goldex Token in SAR?
Right now, the price of 1 Goldex Token (GLDX) in Saudi Riyal (SAR) is ر.س0.05252.
How much GLDX can I buy for 1 SAR?
Based on the current exchange rate, you can get 19.04 GLDX for 1 SAR.
How do I calculate or convert GLDX to SAR?
You can use our GLDX to SAR calculator at the top of this page to convert any amount of GLDX to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 95.19 GLDX, while 5 GLDX will cost around 0.2626SAR.
What is the highest price of GLDX/SAR in history?
The all-time high price of 1 GLDX in SAR is ر.س2.74. It remains to be seen if the value of 1 GLDX/SAR will exceed the current all-time high.
What is the price trend of Goldex Token in SAR?
Over the past 7 days, the exchange rate of Goldex Token (GLDX) has gone up by 0.03%.   Over the last month, the exchange rate of Goldex Token (GLDX) has gone down by 11.91% against Saudi Riyal (SAR).

What factors influence the conversion rate of GLDX to SAR?

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

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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.