OCTA
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 OctaSpace(OCTA) to Saudi Riyal(SAR). This is the real-time data. The current conversion shows 1 OCTA at a value of 1 OCTA for 5.25 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 OctaSpace currency pair is the OCTA to SAR, with for OctaSpace's currency code being OCTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for SAR.
OCTA to SAR conversion rate trend
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In the past 1D, OctaSpace has changed +4.80% to SAR. Based on the trend and price charts, OctaSpace(OCTA) has changed +4.80% to SAR while Saudi Riyal(SAR) has changed % to OCTA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.س5.21 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.س5.23 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/24 00:00:18(UTC+0)
How to buy OctaSpace
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 OctaSpace (OCTA)
Use a variety of payment options to buy OctaSpace on Bitget. We'll show you how.
Buy OCTA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading does not currently support direct buying of OCTA with SAR. However, you can buy USDT in Bitget P2P trading first, and then buy OCTA with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell OCTA (or USDT) for SAR (Saudi Riyal) offers
Bitget P2P trading currently does not support direct selling of OCTA to SAR. However, you can first exchange OCTA 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 |
|---|
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What factors influence the conversion rate of OctaSpace to Saudi Riyal?
OctaSpace to Saudi Riyal is rising this week.OctaSpace's current market price is ر.س 5.25 per OCTA, with a total market cap of ر.س 176,264,194.93 SAR based on a circulating supply of 33,577,348 OCTA. The trading volume of OctaSpace has changed by +33.92% (ر.س 551,477.96 SAR) in the last 24 hours. Last trading day, OCTA's trading volume was ر.س 1,625,618.18.
Market cap
$46.95M
24h volume
$579.88K
Circulating supply
33.58M OCTA
Conversion tables
The exchange rate of OctaSpace is increasing.1 OCTA is currently valued at ر.س 5.25 SAR , which means buying 5 OCTA will cost ر.س 26.25 SAR . Similarly, ر.س1 SAR can be traded for 0.1905 OCTA, and ر.س50 SAR can be converted to 9.52 OCTA, excluding any platform or gas fees.
The exchange rate of 1 OCTA to Saudi Riyal has changed by +14.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.80%, reaching a high of 5.43 SAR and a low of 4.87 SAR . One month ago, the value of 1 OCTA was ر.س 5.15 SAR , which represents a +1.92% change from its current value. Over the last year, OctaSpace has changed by , resulting in a change of +62.12% in its value.
+ر.س
2.01SAROCTA to SAR
Amount
04:21 am today
0.5 OCTA
ر.س2.62
1 OCTA
ر.س5.25
5 OCTA
ر.س26.25
10 OCTA
ر.س52.49
50 OCTA
ر.س262.47
100 OCTA
ر.س524.95
500 OCTA
ر.س2,624.75
1000 OCTA
ر.س5,249.5
SAR to OCTA
Amount04:21 am today
0.5SAR0.09525 OCTA
1SAR0.1905 OCTA
5SAR0.9525 OCTA
10SAR1.9 OCTA
50SAR9.52 OCTA
100SAR19.05 OCTA
500SAR95.25 OCTA
1000SAR190.49 OCTA
Today vs. 24 hours ago
| Amount | 04:21 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCTA | $0.6991 | $0.6671 | +4.80% |
| 1 OCTA | $1.4 | $1.33 | +4.80% |
| 5 OCTA | $6.99 | $6.67 | +4.80% |
| 10 OCTA | $13.98 | $13.34 | +4.80% |
| 50 OCTA | $69.91 | $66.71 | +4.80% |
| 100 OCTA | $139.82 | $133.42 | +4.80% |
| 500 OCTA | $699.11 | $667.1 | +4.80% |
| 1000 OCTA | $1,398.23 | $1,334.19 | +4.80% |
Today vs. 1 month ago
| Amount | 04:21 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCTA | $0.6991 | $0.6860 | +1.92% |
| 1 OCTA | $1.4 | $1.37 | +1.92% |
| 5 OCTA | $6.99 | $6.86 | +1.92% |
| 10 OCTA | $13.98 | $13.72 | +1.92% |
| 50 OCTA | $69.91 | $68.6 | +1.92% |
| 100 OCTA | $139.82 | $137.19 | +1.92% |
| 500 OCTA | $699.11 | $685.95 | +1.92% |
| 1000 OCTA | $1,398.23 | $1,371.91 | +1.92% |
Today vs. 1 year ago
| Amount | 04:21 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCTA | $0.6991 | $0.4313 | +62.12% |
| 1 OCTA | $1.4 | $0.8625 | +62.12% |
| 5 OCTA | $6.99 | $4.31 | +62.12% |
| 10 OCTA | $13.98 | $8.63 | +62.12% |
| 50 OCTA | $69.91 | $43.13 | +62.12% |
| 100 OCTA | $139.82 | $86.25 | +62.12% |
| 500 OCTA | $699.11 | $431.27 | +62.12% |
| 1000 OCTA | $1,398.23 | $862.53 | +62.12% |
OctaSpace price prediction
What will the price of OCTA be in 2025?
Based on OCTA's historical price performance prediction model, the price of OCTA is projected to reach $1.85 in 2025.
What will the price of OCTA be in 2030?
In 2030, the OCTA price is expected to change by +5.00%. By the end of 2030, the OCTA price is projected to reach $2.96, with a cumulative ROI of +115.93%.
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Popular OctaSpace conversions
Check out these popular currency conversions of OctaSpace to several fiat currencies.
OctaSpace to USD
1 OCTA to $ 1.4 USD
OctaSpace to GBP
1 OCTA to £ 1.12 GBP
OctaSpace to EUR
1 OCTA to € 1.34 EUR
OctaSpace to KRW
1 OCTA to ₩ 1,963.82 KRW
OctaSpace to CAD
1 OCTA to $ 1.96 CAD
OctaSpace to AUD
1 OCTA to $ 2.15 AUD
OctaSpace to JPY
1 OCTA to ¥ 216.4 JPY
OctaSpace to BRL
1 OCTA to R$ 8.11 BRL
OctaSpace to CNY
1 OCTA to ¥ 10.14 CNY
OctaSpace to TWD
1 OCTA to NT$ 45.56 TWD
Popular cryptocurrencies to SAR
Explore other cryptocurrencies based on your interest in OctaSpace.
Bitcoin to SAR
1 BTC to ر.س 368,652.25 SAR
EGO to SAR
1 EGO to ر.س 0.07802 SAR
Evan to SAR
1 EVAN to ر.س 0.08773 SAR
MAD to SAR
1 MAD to ر.س 0.0001053 SAR
Dogecoin to SAR
1 DOGE to ر.س 1.66 SAR
Stellar to SAR
1 XLM to ر.س 2.29 SAR
Hedera to SAR
1 HBAR to ر.س 0.5789 SAR
Sui to SAR
1 SUI to ر.س 13.12 SAR
Algorand to SAR
1 ALGO to ر.س 1.19 SAR
VeChain to SAR
1 VET to ر.س 0.1643 SAR
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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 OctaSpace 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 OctaSpace 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 OctaSpace 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.
