OCT
SAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Octopus Network(OCT) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 OCT at a value of 1 OCT for 0.47 SAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
SAR information
About Saudi Riyal (SAR)
The Saudi Riyal (SAR), introduced in 1925, is not just the official currency of Saudi Arabia; it is a symbol of the nation's economic prosperity and cultural heritage. It is commonly abbreviated as SAR and represented by the symbol ر.س. Emerging alongside the founding of Saudi Arabia, the Riyal reflects the country's transformation from a desert kingdom to a global oil powerhouse.
Historical Background
The establishment of the Saudi Riyal was a key step in consolidating the economic foundations of the newly formed Kingdom of Saudi Arabia. Replacing the Hejaz Riyal and other regional currencies, the Saudi Riyal marked the unification of the Kingdom's monetary system, mirroring its political consolidation under King Abdulaziz Al Saud.
Design and Symbolism
The design of the Saudi Riyal combines elements of Saudi Arabia's rich history and Islamic heritage. Banknotes and coins feature intricate Islamic art, images of the King, and landmarks such as the Kaaba in Mecca and the Kingdom Centre in Riyadh. These designs do more than facilitate transactions; they are a celebration of Saudi identity and pride.
Economic Role
The Riyal is central to Saudi Arabia’s economy, underpinned by the country's vast oil reserves. As the medium of exchange, it supports the oil sector, which dominates the economy, and facilitates other key sectors like construction, finance, and tourism. The Riyal’s stability is crucial for the country's economic health and its role in global energy markets.
Monetary Policy and Stability
Managed by the Saudi Arabian Monetary Authority (SAMA), the Riyal is pegged to the US Dollar, reflecting the longstanding economic relationship between Saudi Arabia and the United States, particularly in the oil sector. This peg provides stability to the Riyal, but it also ties its fortunes to the fluctuations of the US economy and dollar.
International Trade and the Saudi Riyal
In international trade, the stability of the Riyal, especially given its peg to the US Dollar, is crucial for Saudi Arabia's oil exports. A stable Riyal is vital for maintaining competitive oil prices in global markets and for the country's extensive import needs.
Remittances and Economic Impact
Remittances from expatriates working in Saudi Arabia, particularly in the oil, construction, and service sectors, are significant. While these remittances involve substantial outflows of Riyals, they also reflect the country's role as a major employer in the region.
Bitget crypto-to-fiat exchange data shows that the most popular Octopus Network currency pair is the OCT to SAR, with for Octopus Network's currency code being OCT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
OCT to SAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, Octopus Network has changed -0.40% to SAR. Based on the trend and price charts, Octopus Network(OCT) has changed -0.40% to SAR while Saudi Riyal(SAR) has changed % to OCT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س0.4687 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ر.س0.6086 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.س0.4686 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/21 16:00:17(UTC+0)
How to buy Octopus Network
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Octopus Network (OCT)
Use a variety of payment options to buy Octopus Network on Bitget. We'll show you how.
Buy OCT (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of OCT with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy OCT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell OCT (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of OCT to SAR. However, you can first exchange OCT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of Octopus Network to Saudi Riyal?
Octopus Network to Saudi Riyal is rising this week.Octopus Network's current market price is ر.س 0.4701 per OCT, with a total market cap of ر.س 0 SAR based on a circulating supply of -- OCT. The trading volume of Octopus Network has changed by +5.98% (ر.س 21,685.54 SAR) in the last 24 hours. Last trading day, OCT's trading volume was ر.س 362,719.34.
Market cap
$0
24h volume
$102.39K
Circulating supply
0 OCT
Conversion tables
The exchange rate of Octopus Network is increasing.1 OCT is currently valued at ر.س 0.4701 SAR , which means buying 5 OCT will cost ر.س 2.35 SAR . Similarly, ر.س1 SAR can be traded for 2.13 OCT, and ر.س50 SAR can be converted to 106.36 OCT, excluding any platform or gas fees.
The exchange rate of 1 OCT to Saudi Riyal has changed by +4.32% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.40%, reaching a high of 0.4771 SAR and a low of 0.4643 SAR . One month ago, the value of 1 OCT was ر.س 0.3978 SAR , which represents a +18.16% change from its current value. Over the last year, Octopus Network has changed by , resulting in a change of -2.00% in its value.
-ر.س
0.009597SAROCT to SAR
Amount
21:28 today
0.5 OCT
ر.س0.2350
1 OCT
ر.س0.4701
5 OCT
ر.س2.35
10 OCT
ر.س4.7
50 OCT
ر.س23.5
100 OCT
ر.س47.01
500 OCT
ر.س235.05
1000 OCT
ر.س470.09
SAR to OCT
Amount21:28 today
0.5SAR1.06 OCT
1SAR2.13 OCT
5SAR10.64 OCT
10SAR21.27 OCT
50SAR106.36 OCT
100SAR212.72 OCT
500SAR1,063.62 OCT
1000SAR2,127.23 OCT
Today vs. 24 hours ago
| Amount | 21:28 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCT | $0.06260 | $0.06286 | -0.40% |
| 1 OCT | $0.1252 | $0.1257 | -0.40% |
| 5 OCT | $0.6260 | $0.6286 | -0.40% |
| 10 OCT | $1.25 | $1.26 | -0.40% |
| 50 OCT | $6.26 | $6.29 | -0.40% |
| 100 OCT | $12.52 | $12.57 | -0.40% |
| 500 OCT | $62.6 | $62.86 | -0.40% |
| 1000 OCT | $125.21 | $125.71 | -0.40% |
Today vs. 1 month ago
| Amount | 21:28 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCT | $0.06260 | $0.05298 | +18.16% |
| 1 OCT | $0.1252 | $0.1060 | +18.16% |
| 5 OCT | $0.6260 | $0.5298 | +18.16% |
| 10 OCT | $1.25 | $1.06 | +18.16% |
| 50 OCT | $6.26 | $5.3 | +18.16% |
| 100 OCT | $12.52 | $10.6 | +18.16% |
| 500 OCT | $62.6 | $52.98 | +18.16% |
| 1000 OCT | $125.21 | $105.96 | +18.16% |
Today vs. 1 year ago
| Amount | 21:28 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCT | $0.06260 | $0.06388 | -2.00% |
| 1 OCT | $0.1252 | $0.1278 | -2.00% |
| 5 OCT | $0.6260 | $0.6388 | -2.00% |
| 10 OCT | $1.25 | $1.28 | -2.00% |
| 50 OCT | $6.26 | $6.39 | -2.00% |
| 100 OCT | $12.52 | $12.78 | -2.00% |
| 500 OCT | $62.6 | $63.88 | -2.00% |
| 1000 OCT | $125.21 | $127.76 | -2.00% |
Octopus Network price prediction
What will the price of OCT be in 2025?
Based on OCT's historical price performance prediction model, the price of OCT is projected to reach $0.2520 in 2025.
What will the price of OCT be in 2030?
In 2030, the OCT price is expected to change by +4.00%. By the end of 2030, the OCT price is projected to reach $0.4675, with a cumulative ROI of +255.57%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Octopus Network conversions
Check out these popular currency conversions of Octopus Network to several fiat currencies.
Octopus Network to USD
1 OCT to $ 0.1252 USD
Octopus Network to GBP
1 OCT to £ 0.09935 GBP
Octopus Network to EUR
1 OCT to € 0.1194 EUR
Octopus Network to KRW
1 OCT to ₩ 175.37 KRW
Octopus Network to CAD
1 OCT to $ 0.1748 CAD
Octopus Network to AUD
1 OCT to $ 0.1921 AUD
Octopus Network to JPY
1 OCT to ¥ 19.35 JPY
Octopus Network to BRL
1 OCT to R$ 0.7285 BRL
Octopus Network to CNY
1 OCT to ¥ 0.9076 CNY
Octopus Network to TWD
1 OCT to NT$ 4.08 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in Octopus Network.
MAD to SAR
1 MAD to ر.س -- SAR
XRP to SAR
1 XRP to ر.س 4.41 SAR
EGO to SAR
1 EGO to ر.س 0.07605 SAR
Sharpe AI to SAR
1 SAI to ر.س 0.1344 SAR
Solana to SAR
1 SOL to ر.س 953.2 SAR
Bitcoin to SAR
1 BTC to ر.س 368,390.68 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.44 SAR
Pepe to SAR
1 PEPE to ر.س 0.{4}7729 SAR
Peanut the Squirrel to SAR
1 PNUT to ر.س 4.95 SAR
Sui to SAR
1 SUI to ر.س 13.52 SAR
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Octopus Network and SAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Octopus Network and SAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Octopus Network in SAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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 Bitget 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 Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
