Convert Gram Gold GRAMG to Saudi Riyal SAR
GRAMG to SAR: 1 Gram Gold converts to SAR 525.46 SAR as of August 7 at 10:04 PM
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About Gram Gold
Gram Gold is climbing this week. The current price of Gram Gold is SAR 525.46 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 20,211.64 in the last 24 hours, which is a 50.68% increase. Additionally, in the last day, SAR 39,880.21 worth of GRAMG has been traded.
The exchange rate of Gram Gold is increasing. The current value of 1 GRAMG is SAR 525.46 SAR. In other words, to buy 5 Gram Gold, it would cost you SAR 2,627.29 SAR. Inversely, SAR 1.00 SAR would allow you to trade for 0.001903 GRAMG while SAR 50.00 SAR would convert to 0.09516 GRAMG, not including platform or gas fees.
In the last 7 days, the exchange rate has increased by 6.89%. Meanwhile, in the last 24 hours, the rate has changed by 2.18%, which means that the highest exchange rate of 1 GRAMG to SAR was SAR 527.21 SAR and the lowest 24 hour value was 1 GRAMG for SAR 511.32 SAR. Last month, 1 GRAMG was worth SAR 496.53 SAR. Today, it's up 5.02%. Looking back a year, Gram Gold has changed by SAR 404.59 SAR. That means that in a single year, the value of Gram Gold has grown by 29.16%.
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 10:04 pm
0.5 GRAMG = SAR 262.73 SAR |
1 GRAMG = SAR 525.46 SAR |
5 GRAMG = SAR 2,627.29 SAR |
10 GRAMG = SAR 5,254.57 SAR |
50 GRAMG = SAR 26,272.86 SAR |
100 GRAMG = SAR 52,545.71 SAR |
500 GRAMG = SAR 262,728.57 SAR |
1,000 GRAMG = SAR 525,457.13 SAR |
SAR to GRAMG values from Today at
SAR 0.50 SAR = 0.0009516 GRAMG |
SAR 1.00 SAR = 0.001903 GRAMG |
SAR 5.00 SAR = 0.009516 GRAMG |
SAR 10.00 SAR = 0.01903 GRAMG |
SAR 50.00 SAR = 0.09516 GRAMG |
SAR 100.00 SAR = 0.1903 GRAMG |
SAR 500.00 SAR = 0.9516 GRAMG |
SAR 1,000.00 SAR = 1.90 GRAMG |
GRAMG to SAR over time
GRAMG | Today | 24H 2.64% | 1M 5.51% | 1Y 23.00% |
|---|---|---|---|---|
0.5 GRAMG | SAR 262.73 SAR | SAR 255.79 SAR | SAR 248.26 SAR | SAR 202.30 SAR |
1 GRAMG | SAR 525.46 SAR | SAR 511.59 SAR | SAR 496.53 SAR | SAR 404.59 SAR |
5 GRAMG | SAR 2,627.29 SAR | SAR 2,557.93 SAR | SAR 2,482.63 SAR | SAR 2,022.96 SAR |
10 GRAMG | SAR 5,254.57 SAR | SAR 5,115.87 SAR | SAR 4,965.27 SAR | SAR 4,045.91 SAR |
50 GRAMG | SAR 26,272.86 SAR | SAR 25,579.33 SAR | SAR 24,826.35 SAR | SAR 20,229.55 SAR |
100 GRAMG | SAR 52,545.71 SAR | SAR 51,158.66 SAR | SAR 49,652.69 SAR | SAR 40,459.11 SAR |
500 GRAMG | SAR 262,728.57 SAR | SAR 255,793.32 SAR | SAR 248,263.46 SAR | SAR 202,295.54 SAR |
1,000 GRAMG | SAR 525,457.13 SAR | SAR 511,586.64 SAR | SAR 496,526.93 SAR | SAR 404,591.07 SAR |
Frequently asked questions
Right now, 1 Gram Gold is worth about SAR 525.46.
Based on the current rate, you could get 0.001903 GRAMG for 1 SAR.
Gram Gold price has been on the rise. Since yesterday, the exchange rate of Gram Gold has increased. Since last month, the exchange rate of Gram Gold has increased. Since this time last year, the price of Gram Gold has increased.
You can use our GRAMG to SAR calculator at the top of this page to convert any amount of GRAMG to SAR. We've also created a couple of quick reference tables for the most popular conversions. For example, 5 SAR is equivalent to 0.009516 GRAMG. Inversely, 5 GRAMG will cost about SAR 2,627.29
Gram Gold can be custodied on Coinbase Wallet. Check out our guide to get more detailed instructions on how to buy Gram Gold.
There are a number of crypto assets that have the a similar or comparable market cap to Gram Gold, including Autonio, Patientory, and GET Protocol. For a more robust list of assets to explore, jump to the asset page dedicated to Gram Gold.
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