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Shardeum to Saudi Riyal (SHM to SAR)

SHM to SAR Converter and calculator

SHM/SAR: 1 SHM = 0.0003743 SAR. The price of converting 1 Shardeum (SHM) to Saudi Riyal (SAR) is 0.0003743 SAR today.
SHM
SHM
SAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHM to SAR real-time exchange rates, making it easy to convert Shardeum (SHM) to Saudi Riyal (SAR). The conversion result is based on real-time data. The conversion result shows that 1 SHM is currently valued at 0.0003743 SAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHM is currently valued at 0.0003743 SAR, which means buying 5 SHM would cost 0.001871 SAR. Similarly, ر.س1 SAR can be converted to 2,671.76 SHM, and ر.س50 SAR can be converted to 13,358.79 SHM, excluding any platform or gas fees.

Convert SHM to SAR

Convert SAR to SHM

Shardeum
Saudi Riyal
1 SHM
0.0003743  SAR
Exchange 1 SHM for 0.0003743 SAR
2 SHM
0.0007486  SAR
Exchange 2 SHM for 0.0007486 SAR
5 SHM
0.001871  SAR
Exchange 5 SHM for 0.001871 SAR
10 SHM
0.003743  SAR
Exchange 10 SHM for 0.003743 SAR
20 SHM
0.007486  SAR
Exchange 20 SHM for 0.007486 SAR
50 SHM
0.01871  SAR
Exchange 50 SHM for 0.01871 SAR
100 SHM
0.03743  SAR
Exchange 100 SHM for 0.03743 SAR
200 SHM
0.07486  SAR
Exchange 200 SHM for 0.07486 SAR
500 SHM
0.1871  SAR
Exchange 500 SHM for 0.1871 SAR
1000 SHM
0.3743  SAR
Exchange 1000 SHM for 0.3743 SAR
5000 SHM
1.87  SAR
Exchange 5000 SHM for 1.87 SAR
10000 SHM
3.74  SAR
Exchange 10000 SHM for 3.74 SAR
In the table above, you'll find a comprehensive SHM to SAR converter that shows the value of Shardeum in Saudi Riyal across commonly used conversion amounts. The list covers conversions from 1 SHM to SAR, all the way up to 10000 SHM, providing a clear view of their respective values.
Saudi Riyal
Shardeum
1 SAR
2,671.76 SHM
Exchange 1 SAR for 2,671.76 SHM
10 SAR
26,717.59 SHM
Exchange 10 SAR for 26,717.59 SHM
50 SAR
133,587.95 SHM
Exchange 50 SAR for 133,587.95 SHM
100 SAR
267,175.9 SHM
Exchange 100 SAR for 267,175.9 SHM
200 SAR
534,351.8 SHM
Exchange 200 SAR for 534,351.8 SHM
500 SAR
1,335,879.5 SHM
Exchange 500 SAR for 1,335,879.5 SHM
1000 SAR
2,671,759 SHM
Exchange 1000 SAR for 2,671,759 SHM
2000 SAR
5,343,518 SHM
Exchange 2000 SAR for 5,343,518 SHM
5000 SAR
13,358,794.99 SHM
Exchange 5000 SAR for 13,358,794.99 SHM
10000 SAR
26,717,589.99 SHM
Exchange 10000 SAR for 26,717,589.99 SHM
50000 SAR
133,587,949.94 SHM
Exchange 50000 SAR for 133,587,949.94 SHM
100000 SAR
267,175,899.89 SHM
Exchange 100000 SAR for 267,175,899.89 SHM
In the table above, you'll find a comprehensive SAR to SHM converter that shows the value of Saudi Riyal in Shardeum across commonly used conversion amounts. The list covers conversions from 1 SAR to SHM, all the way up to 100000 SAR, providing a clear view of their respective values.

SHM to SAR chart

SHM/SAR: 1 SHM = 0.0003743 SAR; 2026/02/03 14:19:40
In the past 1D, Shardeum has changed -1.39% to SAR. Based on the trend and price charts, Shardeum(SHM) has changed -1.39% to SAR while Saudi Riyal(SAR) has changed % to SHM in the last 24 hours.
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SHM to SAR conversion data: Volatility and price changes of in SAR

The highest price in SAR over the past 7 days was 0.0004038 SAR while the lowest price in SAR over the past 7 days was 0.0003625 SAR. The relative change between the highs and lows in price in SAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SHM 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
0.0003875 SAR
0.0004038 SAR
0.0005950 SAR
0.001702 SAR
Low
0.0003703 SAR
0.0003625 SAR
0.0003606 SAR
0.0003606 SAR
Average
0 SAR
0 SAR
0 SAR
0 SAR
Volatility
%
%
%
%
Change
-1.39%
-5.87%
-35.41%
-66.66%

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Shardeum information

SHM to SAR market statistics

SHM/SAR:
ر.س0.0003743
SHM 24h volume:
ر.س1,377,233.47
SHM market cap:
ر.س2,979,999.55
SHM circulating supply:
7.96B SHM

Current SHM to SAR exchange rate

Shardeum to Saudi Riyal is falling this week.
Shardeum's current market price is ر.س0.0003743 per SHM, with a total market cap of ر.س2,979,999.55 SAR based on a circulating supply of 7,961,840,600 SHM. The trading volume of Shardeum has changed by -16.79% (ر.س-277,902.25 SAR) in the last 24 hours. Last trading day, SHM's trading volume was ر.س1,655,135.72.

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

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How to convert SHM to SAR

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SHM to SAR Conversion tables

The exchange rate of Shardeum is decreasing.
The exchange rate of 1 SHM to Saudi Riyal has changed by -5.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.39%, reaching a high of 0.0003875 SAR and a low of 0.0003703 SAR . One month ago, the value of 1 SHM was ر.س0.0005790 SAR , which represents a -35.41% change from its current value. Over the last year, Shardeum has changed by
+ر.س
0.0003734SAR
, resulting in a change of -99.95% in its value.
24 hours ago1 month ago1 year ago
Amount 14:19 today 24 hours ago 24h change
0.5 SHM
ر.س0.0001871ر.س0.0001898
-1.39%
1 SHM
ر.س0.0003743ر.س0.0003796
-1.39%
5 SHM
ر.س0.001871ر.س0.001898
-1.39%
10 SHM
ر.س0.003743ر.س0.003796
-1.39%
50 SHM
ر.س0.01871ر.س0.01898
-1.39%
100 SHM
ر.س0.03743ر.س0.03796
-1.39%
500 SHM
ر.س0.1871ر.س0.1898
-1.39%
1000 SHM
ر.س0.3743ر.س0.3796
-1.39%

SHM to SAR FAQ

How much is 1 Shardeum in SAR?
Right now, the price of 1 Shardeum (SHM) in Saudi Riyal (SAR) is ر.س0.0003743.
How much SHM can I buy for 1 SAR?
Based on the current exchange rate, you can get 2,671.76 SHM for 1 SAR.
How do I calculate or convert SHM to SAR?
You can use our SHM to SAR calculator at the top of this page to convert any amount of SHM to SAR. We've also included quick-reference tables for the most popular conversions. For example, 5 SAR is equivalent to 13,358.79 SHM, while 5 SHM will cost around 0.001871SAR.
What is the highest price of SHM/SAR in history?
The all-time high price of 1 SHM in SAR is ر.س1.39. It remains to be seen if the value of 1 SHM/SAR will exceed the current all-time high.
What is the price trend of in SAR?
Over the past 7 days, the exchange rate of Shardeum (SHM) has gone down by 5.87%.   Over the last month, the exchange rate of Shardeum (SHM) has gone down by 35.41% against Saudi Riyal (SAR).

What factors influence the conversion rate of SHM to SAR?

There are many factors that affect the relationship between Shardeum 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 SHM/SAR. When there is positive news in the market about the widespread adoption of SHM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHM/SAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHM/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 SHM/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 Shardeum 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 Shardeum currency pairs: SHM to US Dollar (USD), SHM to Euro (EUR), SHM to Pound Sterling (GBP), SHM to Canadian Dollar (CAD), SHM to Indian Rupee (INR), SHM to Pakistani Rupee (PKR), SHM to Brazilian Real (BRL), SHM to…
The price of Shardeum in the US is $0.C$0.00013629981 USD. Additionally, Shardeum’s price is €0.{4}8414 EUR in the eurozone, £0.{4}7291 GBP in the UK, {4} CAD in Canada, ₹0.009140 INR in India, ₨0.02810 PKR in Pakistan, R$0.0005253 BRL in Brazil, and more.
The most popular Shardeum currency pair is the SHM to Saudi Riyal(SAR). The price of 1 Shardeum (SHM) in Saudi Riyal (SAR) is ر.س0.0003743.

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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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