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Verified Emeralds to Saudi Riyal (VEREM to SAR)

VEREM to SAR Converter and calculator

VEREM/SAR: 1 VEREM = 59.14 SAR. The price of converting 1 Verified Emeralds (VEREM) to Saudi Riyal (SAR) is 59.14 SAR today.
VEREM
VEREM
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VEREM to SAR real-time exchange rates, making it easy to convert Verified Emeralds (VEREM) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 VEREM is currently valued at 59.14 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VEREM is currently valued at 59.14 SAR, which means buying 5 VEREM would cost 295.71 SAR. Similarly, ر.س1 SAR can be converted to 0.01691 VEREM, and ر.س50 SAR can be converted to 0.08454 VEREM, excluding any platform or gas fees.

Convert VEREM to SAR

Convert SAR to VEREM

Verified Emeralds
Saudi Riyal
1 VEREM
59.14  SAR
Exchange 1 VEREM for 59.14 SAR
2 VEREM
118.28  SAR
Exchange 2 VEREM for 118.28 SAR
5 VEREM
295.71  SAR
Exchange 5 VEREM for 295.71 SAR
10 VEREM
591.42  SAR
Exchange 10 VEREM for 591.42 SAR
20 VEREM
1,182.84  SAR
Exchange 20 VEREM for 1,182.84 SAR
50 VEREM
2,957.1  SAR
Exchange 50 VEREM for 2,957.1 SAR
100 VEREM
5,914.2  SAR
Exchange 100 VEREM for 5,914.2 SAR
200 VEREM
11,828.41  SAR
Exchange 200 VEREM for 11,828.41 SAR
500 VEREM
29,571.02  SAR
Exchange 500 VEREM for 29,571.02 SAR
1000 VEREM
59,142.05  SAR
Exchange 1000 VEREM for 59,142.05 SAR
5000 VEREM
295,710.24  SAR
Exchange 5000 VEREM for 295,710.24 SAR
10000 VEREM
591,420.48  SAR
Exchange 10000 VEREM for 591,420.48 SAR
In the table above, you'll find a comprehensive VEREM to SAR converter that shows the value of Verified Emeralds in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 VEREM to SAR, all the way up to 10000 VEREM, providing a clear view of their respective values.
Saudi Riyal
Verified Emeralds
1 SAR
0.01691 VEREM
Exchange 1 SAR for 0.01691 VEREM
10 SAR
0.1691 VEREM
Exchange 10 SAR for 0.1691 VEREM
50 SAR
0.8454 VEREM
Exchange 50 SAR for 0.8454 VEREM
100 SAR
1.69 VEREM
Exchange 100 SAR for 1.69 VEREM
200 SAR
3.38 VEREM
Exchange 200 SAR for 3.38 VEREM
500 SAR
8.45 VEREM
Exchange 500 SAR for 8.45 VEREM
1000 SAR
16.91 VEREM
Exchange 1000 SAR for 16.91 VEREM
2000 SAR
33.82 VEREM
Exchange 2000 SAR for 33.82 VEREM
5000 SAR
84.54 VEREM
Exchange 5000 SAR for 84.54 VEREM
10000 SAR
169.08 VEREM
Exchange 10000 SAR for 169.08 VEREM
50000 SAR
845.42 VEREM
Exchange 50000 SAR for 845.42 VEREM
100000 SAR
1,690.84 VEREM
Exchange 100000 SAR for 1,690.84 VEREM
In the table above, you'll find a comprehensive SAR to VEREM converter that shows the value of Saudi Riyal in Verified Emeralds across commonly used conversion amounts. The list covers conversions from 1 SAR to VEREM, all the way up to 100000 SAR, providing a clear view of their respective values.

VEREM to SAR chart

VEREM/SAR: 1 VEREM = 59.14 SAR; 2026/02/22 04:03:01
In the past 1D, Verified Emeralds has changed -0.70% to SAR. Based on the trend and price charts, Verified Emeralds(VEREM) has changed -0.70% to SAR while Saudi Riyal(SAR) has changed % to VEREM in the last 24 hours.
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VEREM to SAR conversion data: Volatility and price changes of Verified Emeralds in SAR

The highest Verified Emeralds price in SAR over the past 7 days was 69.32 SAR while the lowest Verified Emeralds price in SAR over the past 7 days was 52.77 SAR. The relative change between the highs and lows in Verified Emeralds price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and VEREM 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
60.76 SAR
69.32 SAR
691.03 SAR
1,491.79 SAR
Low
58.61 SAR
52.77 SAR
46.31 SAR
46.31 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-0.70%
-11.10%
-92.97%
-90.70%

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Bitget P2P trading does not currently support direct buying of VEREM with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy VEREM with USDT via Bitget spot market.
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Verified Emeralds information

VEREM to SAR market statistics

VEREM/SAR:
ر.س59.14
VEREM 24h volume:
ر.س13,619,261.9
VEREM market cap:
--
VEREM circulating supply:
0 VEREM

Current VEREM to SAR exchange rate

Verified Emeralds to Saudi Riyal is falling this week.
Verified Emeralds's current market price is ر.س59.14 per VEREM, with a total market cap of ر.س0 SAR based on a circulating supply of -- VEREM. The trading volume of Verified Emeralds has changed by +4.13% (ر.س540,593.67 SAR) in the last 24 hours. Last trading day, VEREM's trading volume was ر.س13,078,668.23.

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

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How to convert VEREM to SAR

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VEREM to SAR Conversion tables

The exchange rate of Verified Emeralds is decreasing.
The exchange rate of 1 VEREM to Saudi Riyal has changed by -11.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.70%, reaching a high of 60.76 SAR and a low of 58.61 SAR . One month ago, the value of 1 VEREM was ر.س844.77 SAR , which represents a -92.97% change from its current value. Over the last year, Verified Emeralds has changed by
+ر.س
21.89SAR
, resulting in a change of -90.70% in its value.
24 hours ago1 month ago1 year ago
Amount 04:03 am today 24 hours ago 24h change
0.5 VEREM
ر.س29.57ر.س29.78
-0.70%
1 VEREM
ر.س59.14ر.س59.56
-0.70%
5 VEREM
ر.س295.71ر.س297.81
-0.70%
10 VEREM
ر.س591.42ر.س595.63
-0.70%
50 VEREM
ر.س2,957.1ر.س2,978.13
-0.70%
100 VEREM
ر.س5,914.2ر.س5,956.26
-0.70%
500 VEREM
ر.س29,571.02ر.س29,781.31
-0.70%
1000 VEREM
ر.س59,142.05ر.س59,562.63
-0.70%

VEREM to SAR FAQ

How much is 1 Verified Emeralds in SAR?
Right now, the price of 1 Verified Emeralds (VEREM) in Saudi Riyal (SAR) is ر.س59.14.
How much VEREM can I buy for 1 SAR?
Based on the current exchange rate, you can get 0.01691 VEREM for 1 SAR.
How do I calculate or convert VEREM to SAR?
You can use our VEREM to SAR calculator at the top of this page to convert any amount of VEREM to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 0.08454 VEREM, while 5 VEREM will cost around 295.71SAR.
What is the highest price of VEREM/SAR in history?
The all-time high price of 1 VEREM in SAR is ر.س1,491.79. It remains to be seen if the value of 1 VEREM/SAR will exceed the current all-time high.
What is the price trend of Verified Emeralds in SAR?
Over the past 7 days, the exchange rate of Verified Emeralds (VEREM) has gone down by 11.10%.   Over the last month, the exchange rate of Verified Emeralds (VEREM) has gone down by 92.97% against Saudi Riyal (SAR).

What factors influence the conversion rate of VEREM to SAR?

There are many factors that affect the relationship between Verified Emeralds 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 VEREM/SAR. When there is positive news in the market about the widespread adoption of VEREM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VEREM/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VEREM/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 VEREM/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 Verified Emeralds 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 Verified Emeralds currency pairs: VEREM to US Dollar (USD), VEREM to Euro (EUR), VEREM to Pound Sterling (GBP), VEREM to Canadian Dollar (CAD), VEREM to Indian Rupee (INR), VEREM to Pakistani Rupee (PKR), VEREM to Brazilian Real (BRL), VEREM to…
The price of Verified Emeralds in the US is $15.77 USD. Additionally, Verified Emeralds’s price is €13.38 EUR in the eurozone, £11.69 GBP in the UK, C$21.58 CAD in Canada, ₹1,430.34 INR in India, ₨4,396.21 PKR in Pakistan, R$81.62 BRL in Brazil, and more.
The most popular Verified Emeralds currency pair is the VEREM to Saudi Riyal(SAR). The price of 1 Verified Emeralds (VEREM) in Saudi Riyal (SAR) is ر.س59.14.

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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.
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