Convert Gram Gold GRAMG to Saudi Riyal SAR
GRAMG to SAR: 1 Gram Gold converts to SAR 524.09 SAR as of September 22 at 5:37 AM
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About Gram Gold
Gram Gold is falling this week. The current price of Gram Gold is SAR 524.09 per GRAMG. With a circulating supply of 0 GRAMG, it means that Gram Gold has a total market cap of SAR 0.00. The amount of Gram Gold traded has risen by SAR 91,073.69 in the last 24 hours, which is a 203.55% increase. Additionally, in the last day, SAR 44,743.17 worth of GRAMG has been traded.
The exchange rate of Gram Gold is decreasing. The current value of 1 GRAMG is SAR 524.09 SAR. In other words, to buy 5 Gram Gold, it would cost you SAR 2,620.45 SAR. Inversely, SAR 1.00 SAR would allow you to trade for 0.001908 GRAMG while SAR 50.00 SAR would convert to 0.0954 GRAMG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 0.64%. Meanwhile, in the last 24 hours, the rate has changed by 0.33%, which means that the highest exchange rate of 1 GRAMG to SAR was SAR 527.32 SAR and the lowest 24 hour value was 1 GRAMG for SAR 522.50 SAR. Last month, 1 GRAMG was worth SAR 552.13 SAR. Today, it's down 5.17%. Looking back a year, Gram Gold has changed by SAR 450.05 SAR. That means that in a single year, the value of Gram Gold has grown by 16.3%.
Gram Gold Market Stats
Launched in November 2022, Gram Gold Token (GRAMG) is an asset-backed token redeemable 1:1 for 1 gram of gold. Issued by Token Teknoloji Anonim Şirketi, this token is fully backed by gold on the blockchain at a 1:1 ratio and indexed to the price of gold. For every GRAMG created, an equivalent amount of gold is held as collateral in the respective blockchain wallet. GRAMG provides a cost-effective, fast and secure solution for global users, offering direct ownership with no storage costs and high accessibility for 24/7 transactions and transfers, regardless of any geographical boundaries. Unlike gold transaction limits in the market, there is no minimum transaction limit for GRAMG transactions. GRAMG transactions are executed instantly and any amount of GRAMG tokens can be converted to fiat currencies, ensuring quick and efficient transactions. GRAMG is created and runs on the Avalanche C-Chain and Polygon blockchain, and it is compatible with all blockchain wallets that support EVM. It uses smart contracts to automatically manage the collateralization process. As demand for GRAMG tokens increases, Token Teknoloji Anonim Şirketi shall add the corresponding amount of gold, indexed to the price of gold, to its reserves for every 1 GRAMG token at the request of institutions wishing to meet their demand. This ensures that the 1:1 ratio between gram gold and GRAMG is preserved while maintaining market supply and demand equilibrium. And a coin burn function is integrated within the blockchain's smart contract to remove a predetermined quantity of GRAMG tokens from circulation when necessary, ensuring a balance between GRAMG and gram gold. Thanks to this mint-and-burn mechanism, the price of GRAMG is always in equilibrium with that of the physical gram of gold.
Conversion tables
GRAMG to SAR values from Today at 5:37 am
0.5 GRAMG = SAR 262.05 SAR |
1 GRAMG = SAR 524.09 SAR |
5 GRAMG = SAR 2,620.45 SAR |
10 GRAMG = SAR 5,240.90 SAR |
50 GRAMG = SAR 26,204.50 SAR |
100 GRAMG = SAR 52,409.00 SAR |
500 GRAMG = SAR 262,045.02 SAR |
1,000 GRAMG = SAR 524,090.04 SAR |
SAR to GRAMG values from Today at
SAR 0.50 SAR = 0.000954 GRAMG |
SAR 1.00 SAR = 0.001908 GRAMG |
SAR 5.00 SAR = 0.00954 GRAMG |
SAR 10.00 SAR = 0.01908 GRAMG |
SAR 50.00 SAR = 0.0954 GRAMG |
SAR 100.00 SAR = 0.1908 GRAMG |
SAR 500.00 SAR = 0.954 GRAMG |
SAR 1,000.00 SAR = 1.91 GRAMG |
GRAMG to SAR over time
GRAMG | Today | 24H -0.31% | 1M -5.35% | 1Y 14.13% |
|---|---|---|---|---|
0.5 GRAMG | SAR 262.05 SAR | SAR 262.86 SAR | SAR 276.06 SAR | SAR 225.02 SAR |
1 GRAMG | SAR 524.09 SAR | SAR 525.72 SAR | SAR 552.13 SAR | SAR 450.05 SAR |
5 GRAMG | SAR 2,620.45 SAR | SAR 2,628.60 SAR | SAR 2,760.63 SAR | SAR 2,250.24 SAR |
10 GRAMG | SAR 5,240.90 SAR | SAR 5,257.21 SAR | SAR 5,521.27 SAR | SAR 4,500.49 SAR |
50 GRAMG | SAR 26,204.50 SAR | SAR 26,286.04 SAR | SAR 27,606.33 SAR | SAR 22,502.45 SAR |
100 GRAMG | SAR 52,409.00 SAR | SAR 52,572.08 SAR | SAR 55,212.67 SAR | SAR 45,004.89 SAR |
500 GRAMG | SAR 262,045.02 SAR | SAR 262,860.42 SAR | SAR 276,063.34 SAR | SAR 225,024.47 SAR |
1,000 GRAMG | SAR 524,090.04 SAR | SAR 525,720.85 SAR | SAR 552,126.68 SAR | SAR 450,048.93 SAR |
Frequently asked questions
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