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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.96%
New listings on Bitget: Pi Network
BTC/USDT$84468.05 (+1.04%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow -$171.1M (1D); -$697.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.96%
New listings on Bitget: Pi Network
BTC/USDT$84468.05 (+1.04%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWSTotal spot Bitcoin ETF netflow -$171.1M (1D); -$697.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
OCT
AED
Last updated as of 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 Omani Rial(AED). This is the real-time data. The current conversion shows 1 OCT at a value of 1 OCT for 0.32 AED . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
AED information
About Omani Rial (OMR)
The Omani Rial (OMR), introduced in 1973, is not only Oman's official currency but also a symbol of the nation's economic strength and cultural heritage. It is commonly abbreviated as OMR and represented by the symbol ر.ع. The Rial's introduction marked Oman's transition from the Indian Rupee and the Maria Theresa Thaler, symbolizing a new era of economic self-determination and modernization under Sultan Qaboos bin Said.
Historical Background
The adoption of the Omani Rial was a key step in Oman's post-colonial journey, reflecting the nation's aspiration to forge an independent economic identity. Replacing the Gulf Rupee, the Rial represented Oman's newfound economic independence and was instrumental in aligning its economy with international standards.
Design and Symbolism
The design of the Omani Rial is a celebration of Oman’s rich history and cultural heritage. Banknotes feature images of Sultan Qaboos, traditional Omani architecture, natural landmarks, and historical sites. These designs serve not only as a medium for financial transactions but also as reminders of Oman's heritage and the modern achievements under Sultan Qaboos’s reign.
Economic Role
The Omani Rial plays a crucial role in the nation’s economy, characterized by its substantial oil and gas reserves. As the primary currency, it underpins the oil sector, which is pivotal to Oman's economy, facilitating trade and investment and is vital for the country’s fiscal stability.
Monetary Policy and Stability
Managed by the Central Bank of Oman, the Rial is one of the highest-valued currencies in the world, reflecting Oman's economic stability and substantial hydrocarbon resources. The bank’s policies focus on maintaining the currency's value and stability, crucial for fostering a climate conducive to economic growth and investor confidence.
International Trade and the Omani Rial
The value of the Rial is significant in international trade, particularly for Oman's oil and gas exports. A stable and strong Rial is essential for maintaining competitive prices in the global market and attracting foreign investment in various sectors.
Remittances and the Economy
Remittances from Omanis working abroad and expatriates residing in Oman contribute to the country’s foreign exchange reserves. These inflows, exchanged into Rials, support the currency's stability and contribute to the national economy.
Bitget crypto-to-fiat exchange data shows that the most popular Octopus Network currency pair is the OCT to AED, with for Octopus Network's currency code being OCT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AED.
OCT to AED conversion rate trend
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In the past 1D, Octopus Network has changed +0.06% to AED. Based on the trend and price charts, Octopus Network(OCT) has changed +0.06% to AED while Omani Rial(AED) has changed % to OCT in the last 24 hours.
OCT to AED market statistics
OCT/AED:
د.إ 0.3241
OCT 24h volume:
د.إ 704,885.82
OCT market cap:
--
OCT circulating supply:
0 OCT
More info about Octopus Network on Bitget
Current OCT to AED exchange rate
Octopus Network to Omani Rial is falling this week.Octopus Network's current market price is د.إ 0.3241 per OCT, with a total market cap of د.إ 0 AED based on a circulating supply of -- OCT. The trading volume of Octopus Network has changed by +72.29% (د.إ 295,758.77 AED) in the last 24 hours. Last trading day, OCT's trading volume was د.إ 409,127.06.
OCT to AED Conversion tables
The exchange rate of Octopus Network is decreasing.1 OCT is currently valued at د.إ 0.3241 AED , which means buying 5 OCT will cost د.إ 1.62 AED . Similarly, د.إ1 AED can be traded for 3.09 OCT, and د.إ50 AED can be converted to 154.26 OCT, excluding any platform or gas fees.
The exchange rate of 1 OCT to Omani Rial has changed by -13.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.06%, reaching a high of 0.3258 AED and a low of 0.3083 AED . One month ago, the value of 1 OCT was د.إ 0.3960 AED , which represents a -18.15% change from its current value. Over the last year, Octopus Network has changed by , resulting in a change of -73.11% in its value.
-د.إ
0.8813AEDOCT to AED
Amount
06:24 am today
0.5 OCT
د.إ0.1621
1 OCT
د.إ0.3241
5 OCT
د.إ1.62
10 OCT
د.إ3.24
50 OCT
د.إ16.21
100 OCT
د.إ32.41
500 OCT
د.إ162.07
1000 OCT
د.إ324.14
AED to OCT
Amount06:24 am today
0.5AED1.54 OCT
1AED3.09 OCT
5AED15.43 OCT
10AED30.85 OCT
50AED154.26 OCT
100AED308.51 OCT
500AED1,542.55 OCT
1000AED3,085.1 OCT
OCT to AED Today vs. 24 hours ago
| Amount | 06:24 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCT | د.إ0.1621 | د.إ0.1620 | +0.06% |
| 1 OCT | د.إ0.3241 | د.إ0.3239 | +0.06% |
| 5 OCT | د.إ1.62 | د.إ1.62 | +0.06% |
| 10 OCT | د.إ3.24 | د.إ3.24 | +0.06% |
| 50 OCT | د.إ16.21 | د.إ16.2 | +0.06% |
| 100 OCT | د.إ32.41 | د.إ32.39 | +0.06% |
| 500 OCT | د.إ162.07 | د.إ161.97 | +0.06% |
| 1000 OCT | د.إ324.14 | د.إ323.94 | +0.06% |
OCT to AED Today vs. 1 month ago
| Amount | 06:24 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCT | د.إ0.1621 | د.إ0.1980 | -18.15% |
| 1 OCT | د.إ0.3241 | د.إ0.3960 | -18.15% |
| 5 OCT | د.إ1.62 | د.إ1.98 | -18.15% |
| 10 OCT | د.إ3.24 | د.إ3.96 | -18.15% |
| 50 OCT | د.إ16.21 | د.إ19.8 | -18.15% |
| 100 OCT | د.إ32.41 | د.إ39.6 | -18.15% |
| 500 OCT | د.إ162.07 | د.إ198 | -18.15% |
| 1000 OCT | د.إ324.14 | د.إ396.01 | -18.15% |
OCT to AED Today vs. 1 year ago
| Amount | 06:24 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCT | د.إ0.1621 | د.إ0.6027 | -73.11% |
| 1 OCT | د.إ0.3241 | د.إ1.21 | -73.11% |
| 5 OCT | د.إ1.62 | د.إ6.03 | -73.11% |
| 10 OCT | د.إ3.24 | د.إ12.05 | -73.11% |
| 50 OCT | د.إ16.21 | د.إ60.27 | -73.11% |
| 100 OCT | د.إ32.41 | د.إ120.55 | -73.11% |
| 500 OCT | د.إ162.07 | د.إ602.74 | -73.11% |
| 1000 OCT | د.إ324.14 | د.إ1,205.49 | -73.11% |
How to convert OCT to AED
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Convert OCT to AED
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Buy OCT (or USDT) for AED (United Arab Emirates Dirham) offers
Bitget P2P trading does not currently support direct buying of OCT with AED. 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 |
|---|
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Sell OCT (or USDT) for AED (United Arab Emirates Dirham) offers
Bitget P2P trading currently does not support direct selling of OCT to AED. 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 |
|---|
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What factors influence the conversion rate of OCT to AED?
There are many factors that affect the relationship between Octopus Network and United Arab Emirates Dirham, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of OCT/AED. When there is positive news in the market about the widespread adoption of OCT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OCT/AED. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OCT/AED.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of OCT/AED. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Octopus Network and adjust their investment strategies accordingly in the evolving market.
Octopus Network price prediction
What will the price of OCT be in 2026?
Based on OCT's historical price performance prediction model, the price of OCT is projected to reach $0.09399 in 2026.
What will the price of OCT be in 2031?
In 2031, the OCT price is expected to change by +42.00%. By the end of 2031, the OCT price is projected to reach $0.2272, with a cumulative ROI of +166.95%.
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Popular Octopus Network Converter
Check out these popular currency conversions of Octopus Network to several fiat currencies.
OCT to TWD
1 OCT to NT$ 2.87 TWD
OCT to OMR
1 OCT to ر.ع. 0.03397 OMR
OCT to CNY
1 OCT to ¥ 0.6450 CNY
OCT to USD
1 OCT to $ 0.08825 USD
OCT to EUR
1 OCT to € 0.07762 EUR
OCT to CAD
1 OCT to $ 0.1225 CAD
OCT to KRW
1 OCT to ₩ 125.1 KRW
OCT to JPY
1 OCT to ¥ 12.58 JPY
OCT to GBP
1 OCT to £ 0.06676 GBP
OCT to BRL
1 OCT to R$ 0.5180 BRL
Popular cryptocurrencies to AED
Explore other cryptocurrencies based on your interest in Octopus Network.
STRAX to AED
1 STRAX to د.إ 0.2812 AED
![other assets Stratis [New]](https://img.bgstatic.com/multiLang/coinPriceLogo/9a7d28f236a930ed5ccfa997352e6b521711645984131.png)
AERGO to AED
1 AERGO to د.إ 0.5994 AED
BTC to AED
1 BTC to د.إ 310,170.16 AED
ETH to AED
1 ETH to د.إ 5,886.91 AED
SOL to AED
1 SOL to د.إ 489.73 AED
SPA to AED
1 SPA to د.إ 0.07153 AED
XRP to AED
1 XRP to د.إ 7.71 AED
COMBO to AED
1 COMBO to د.إ 0.1052 AED
WCT to AED
1 WCT to د.إ 1.47 AED
FARTCOIN to AED
1 FARTCOIN to د.إ 3.34 AED
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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 Octopus Network and AED.
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 AED. 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 AED, 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.
