Stellar (XLM) is a prominent cryptocurrency designed to facilitate fast and low-cost cross-border transactions. For those looking to convert XLM to Saudi Riyal (SAR), understanding the current exchange rate and market dynamics is essential. This guide provides a detailed overview of the XLM/SAR pairing, including real-time data, conversion tools, and practical insights.
Current XLM to SAR Exchange Rate
As of the latest update, the live price of Stellar (XLM) to Saudi Riyal (SAR) is ﷼0.90232558499688. Here’s a quick breakdown of recent performance:
- 24-hour change: -2.12%
- 7-day change: +1.86%
- 30-day change: -12.80%
These fluctuations highlight the volatile nature of cryptocurrency markets. Monitoring these trends is crucial for making informed conversion decisions.
Key Market Statistics
To fully understand Stellar's market position, consider these essential metrics:
- Market Cap: ﷼7.42 Billion
- Circulating Supply: 30.94 Billion XLM
- Max Supply: 50.00 Billion XLM
- 24h Low: ﷼0.8888244540492957
- 24h High: ﷼0.9308279725528912
- All-Time High (ATH): ﷼3.28
- All-Time Low (ATL): ﷼0.00178554
How to Convert XLM to Saudi Riyal (SAR)
Converting Stellar to Saudi Riyal is a straightforward process. The following table provides a clear conversion reference for common amounts.
| XLM Amount | SAR Equivalent |
|---|---|
| 1 XLM | ﷼0.9023 |
| 5 XLM | ﷼4.5116 |
| 10 XLM | ﷼9.0233 |
| 20 XLM | ﷼18.0465 |
| 50 XLM | ﷼45.1163 |
| 100 XLM | ﷼90.2326 |
| 1,000 XLM | ﷼902.3256 |
For real-time calculations and to execute a trade, you can use a reliable cryptocurrency exchange platform. 👉 Check the live XLM to SAR rate
Converting SAR to XLM
If you hold Saudi Riyal and wish to acquire Stellar, the conversion works in reverse. The same exchange rate applies, allowing you to calculate how much XLM you can receive for your SAR.
Factors Influencing the XLM/SAR Price
The exchange rate between Stellar and the Saudi Riyal is influenced by several key factors:
- Global Crypto Market Sentiment: Broader trends in the cryptocurrency market significantly impact individual assets like XLM.
- Stellar Network Developments: Updates, partnerships, and adoption news related to the Stellar network can cause price movements.
- Fiat Currency Stability: The value of the Saudi Riyal, which is pegged to the U.S. Dollar, provides a stable benchmark for conversion.
- Supply and Demand: Basic economic principles of buy and sell pressure on exchanges directly affect the spot price.
Frequently Asked Questions (FAQ)
What is the current price of XLM to SAR?
As of the latest data, 1 Stellar (XLM) is equivalent to approximately ﷼0.9023 Saudi Riyal (SAR). This rate updates continuously due to market activity.
How much has XLM changed against the SAR in the last day?
Over the past 24 hours, the value of XLM has decreased by -2.12% against the Saudi Riyal. This short-term volatility is common in digital asset markets.
What is the total supply of Stellar (XLM)?
Stellar has a circulating supply of 30.94 billion XLM out of a maximum supply cap of 50.00 billion XLM. This fixed supply is a key aspect of its economic model.
Where is the best place to convert XLM to SAR?
The best platforms are reputable cryptocurrency exchanges that offer the XLM/SAR trading pair. These platforms provide secure wallets, competitive rates, and low fees for converting digital assets to fiat currency.
Is converting XLM to SAR safe?
Converting cryptocurrency is safe when using established and secure exchanges. Always ensure the platform employs robust security measures, such as two-factor authentication (2FA) and cold storage for funds.
How can I learn more about trading cryptocurrencies?
Many educational resources are available online for traders of all experience levels. These resources cover basic strategies, technical analysis, and risk management techniques. 👉 Explore more trading strategies
Conclusion
Stellar offers a efficient way to transfer value across borders, and converting XLM to Saudi Riyal is a common need for users in the region. By staying informed about the live exchange rate, understanding market statistics, and using secure platforms, you can navigate the conversion process effectively. Always remember to conduct your own research and consider market trends before executing any trade.