Convert Gram Gold GRAMG to Saudi Riyal SAR
GRAMG to SAR: 1 Gram Gold converts to SAR 529.08 SAR as of September 11 at 10:01 PM
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About Gram Gold
Gram Gold is climbing this week. The current price of Gram Gold is SAR 529.08 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 fallen by -SAR 5,307.65 in the last 24 hours, which is a 22.91% decrease. Additionally, in the last day, SAR 23,170.21 worth of GRAMG has been traded.
The exchange rate of Gram Gold is increasing. The current value of 1 GRAMG is SAR 529.08 SAR. In other words, to buy 5 Gram Gold, it would cost you SAR 2,645.40 SAR. Inversely, SAR 1.00 SAR would allow you to trade for 0.00189 GRAMG while SAR 50.00 SAR would convert to 0.0945 GRAMG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.12%. Meanwhile, in the last 24 hours, the rate has changed by 1.01%, and that the highest exchange rate of 1 GRAMG to SAR was SAR 531.08 SAR and the lowest 24 hour value was 1 GRAMG for SAR 520.31 SAR. Last month, 1 GRAMG was worth SAR 527.41 SAR. Today, it's down 0.09%. Looking back a year, Gram Gold has changed by SAR 440.31 SAR. That means that in a single year, the value of Gram Gold has grown by 19.86%.
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 10:01 pm
0.5 GRAMG = SAR 264.54 SAR |
1 GRAMG = SAR 529.08 SAR |
5 GRAMG = SAR 2,645.40 SAR |
10 GRAMG = SAR 5,290.80 SAR |
50 GRAMG = SAR 26,454.00 SAR |
100 GRAMG = SAR 52,907.99 SAR |
500 GRAMG = SAR 264,539.97 SAR |
1,000 GRAMG = SAR 529,079.93 SAR |
SAR to GRAMG values from Today at
SAR 0.50 SAR = 0.000945 GRAMG |
SAR 1.00 SAR = 0.00189 GRAMG |
SAR 5.00 SAR = 0.00945 GRAMG |
SAR 10.00 SAR = 0.0189 GRAMG |
SAR 50.00 SAR = 0.0945 GRAMG |
SAR 100.00 SAR = 0.189 GRAMG |
SAR 500.00 SAR = 0.945 GRAMG |
SAR 1,000.00 SAR = 1.89 GRAMG |
GRAMG to SAR over time
GRAMG | Today | 24H 1.18% | 1M 0.31% | 1Y 16.78% |
|---|---|---|---|---|
0.5 GRAMG | SAR 264.54 SAR | SAR 261.42 SAR | SAR 263.71 SAR | SAR 220.16 SAR |
1 GRAMG | SAR 529.08 SAR | SAR 522.83 SAR | SAR 527.41 SAR | SAR 440.31 SAR |
5 GRAMG | SAR 2,645.40 SAR | SAR 2,614.15 SAR | SAR 2,637.07 SAR | SAR 2,201.55 SAR |
10 GRAMG | SAR 5,290.80 SAR | SAR 5,228.30 SAR | SAR 5,274.14 SAR | SAR 4,403.11 SAR |
50 GRAMG | SAR 26,454.00 SAR | SAR 26,141.52 SAR | SAR 26,370.72 SAR | SAR 22,015.55 SAR |
100 GRAMG | SAR 52,907.99 SAR | SAR 52,283.04 SAR | SAR 52,741.45 SAR | SAR 44,031.10 SAR |
500 GRAMG | SAR 264,539.97 SAR | SAR 261,415.20 SAR | SAR 263,707.25 SAR | SAR 220,155.49 SAR |
1,000 GRAMG | SAR 529,079.93 SAR | SAR 522,830.39 SAR | SAR 527,414.49 SAR | SAR 440,310.99 SAR |
Frequently asked questions
Right now, 1 Gram Gold is worth about SAR 529.08.
Based on the current rate, you could get 0.00189 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 decreased. 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 0.00945 GRAMG. Inversely, 5 GRAMG will cost about SAR 2,645.40
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 LUKSO [Old], 4P FOUR, and Ghost. For a more robust list of assets to explore, jump to the asset page dedicated to Gram Gold.
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