Convert Gram Gold GRAMG to Saudi Riyal SAR
GRAMG to SAR: 1 Gram Gold converts to SAR 483.26 SAR as of November 11 at 8:15 PM
Buy Gram Gold with Coinbase Wallet
Create a Coinbase account to buy and sell Gram Gold on the most secure crypto exchange.
About Gram Gold
Gram Gold is falling this week. The current price of Gram Gold is SAR 483.26 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 5,599.76 in the last 24 hours, which is a 59.40% decrease. Additionally, in the last day, SAR 9,427.95 worth of GRAMG has been traded.
The exchange rate of Gram Gold is decreasing. The current value of 1 GRAMG is SAR 483.26 SAR. In other words, to buy 5 Gram Gold, it would cost you SAR 2,416.29 SAR. Inversely, SAR 1.00 SAR would allow you to trade for 0.002069 GRAMG while SAR 50.00 SAR would convert to 0.1035 GRAMG, not including platform or gas fees.
In the last 7 days, the exchange rate has fallen by 1.64%. Meanwhile, in the last 24 hours, the rate has changed by 0.93%, and that the highest exchange rate of 1 GRAMG to SAR was SAR 492.90 SAR and the lowest 24 hour value was 1 GRAMG for SAR 483.35 SAR. Last month, 1 GRAMG was worth SAR 508.47 SAR. Today, it's down 4.99%. Looking back a year, Gram Gold has changed by SAR 498.28 SAR. That means that in a single year, the value of Gram Gold has shrank by 3.21%.
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 8:15 pm
0.5 GRAMG = SAR 241.63 SAR |
1 GRAMG = SAR 483.26 SAR |
5 GRAMG = SAR 2,416.29 SAR |
10 GRAMG = SAR 4,832.59 SAR |
50 GRAMG = SAR 24,162.93 SAR |
100 GRAMG = SAR 48,325.87 SAR |
500 GRAMG = SAR 241,629.35 SAR |
1,000 GRAMG = SAR 483,258.70 SAR |
SAR to GRAMG values from Today at 8:15 pm
SAR 0.50 SAR = 0.001035 GRAMG |
SAR 1.00 SAR = 0.002069 GRAMG |
SAR 5.00 SAR = 0.01035 GRAMG |
SAR 10.00 SAR = 0.02069 GRAMG |
SAR 50.00 SAR = 0.1035 GRAMG |
SAR 100.00 SAR = 0.2069 GRAMG |
SAR 500.00 SAR = 1.03 GRAMG |
SAR 1,000.00 SAR = 2.07 GRAMG |
GRAMG to SAR over time
GRAMG | Today | 24H 98.03% | 1M 97.94% | 1Y 97.98% |
|---|---|---|---|---|
0.5 GRAMG | SAR 241.63 SAR | SAR 243.72 SAR | SAR 254.23 SAR | SAR 249.14 SAR |
1 GRAMG | SAR 483.26 SAR | SAR 487.44 SAR | SAR 508.47 SAR | SAR 498.28 SAR |
5 GRAMG | SAR 2,416.29 SAR | SAR 2,437.18 SAR | SAR 2,542.35 SAR | SAR 2,491.39 SAR |
10 GRAMG | SAR 4,832.59 SAR | SAR 4,874.37 SAR | SAR 5,084.70 SAR | SAR 4,982.78 SAR |
50 GRAMG | SAR 24,162.93 SAR | SAR 24,371.85 SAR | SAR 25,423.50 SAR | SAR 24,913.92 SAR |
100 GRAMG | SAR 48,325.87 SAR | SAR 48,743.70 SAR | SAR 50,847.00 SAR | SAR 49,827.85 SAR |
500 GRAMG | SAR 241,629.35 SAR | SAR 243,718.50 SAR | SAR 254,235.00 SAR | SAR 249,139.24 SAR |
1,000 GRAMG | SAR 483,258.70 SAR | SAR 487,437.00 SAR | SAR 508,470.00 SAR | SAR 498,278.48 SAR |
Frequently asked questions
Buy Gram Gold with Coinbase Wallet
Create a Coinbase account to buy and sell Gram Gold on the most secure crypto exchange.
Related conversions
Popular cryptocurrency conversions
Start your crypto portfolio today
Sign up for a Coinbase account today and see what the world of decentralized finance can do for you.
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 Coinbase 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 Coinbase exchange as well as other cryptocurrency exchanges and market data platform. Coinbase may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content.