OCT
KHR
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 Cambodian Riel(KHR). This is the real-time data. The current conversion shows 1 OCT at a value of 1 OCT for 594.62 KHR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
KHR information
About Cambodian Riel (KHR)
The Cambodian Riel (KHR), introduced in 1980, is not just Cambodia's official currency; it is a symbol of the nation's tumultuous history and its journey towards economic resurgence. It is commonly abbreviated as KHR and represented by the symbol ៛.
Historical Background
The introduction of the Riel marked a significant step in Cambodia's recovery from years of conflict, including the devastating Khmer Rouge regime. The currency was reintroduced to foster a sense of normalcy and economic stability in a nation striving to rebuild itself.
Design and Symbolism
The design of the Cambodian Riel is a vibrant tapestry of the country's cultural and natural heritage. Banknotes feature images of ancient Khmer architecture, like the famed Angkor Wat, alongside portraits of King Norodom Sihanouk and other significant figures. These designs serve not only as a medium for financial transactions but also as a reminder of Cambodia's rich history and resilience.
Economic Role
The Riel plays a crucial role in Cambodia’s predominantly agrarian economy, complemented by the garment industry, tourism, and recently, a growing service sector. While the US Dollar is also widely used, the Riel remains important for local transactions, particularly in rural areas, and symbolizes national sovereignty.
Monetary Policy and Inflation
Managed by the National Bank of Cambodia, the Riel has faced challenges like inflation and currency stability. The central bank’s monetary policies aim to stabilize the Riel, which is crucial for encouraging investment and maintaining the economic confidence of both the populace and international investors.
International Trade and the Cambodian Riel
The Riel’s value is significant in international trade, particularly for Cambodia's exports like textiles, rice, and rubber. A stable Riel is important for maintaining competitive export prices and attracting foreign investment.
Remittances and the Economy
Remittances from Cambodians working abroad, especially in Thailand and South Korea, are a vital source of income for many families and contribute significantly to the national economy. These funds, converted into Riels, support household economies and contribute to the country's financial stability.
Bitget crypto-to-fiat exchange data shows that the most popular Octopus Network currency pair is the OCT to KHR, with for Octopus Network's currency code being OCT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for KHR.
OCT to KHR conversion rate trend
1D7D1M3M1YAll
In the past 1D, Octopus Network has changed -1.29% to KHR. Based on the trend and price charts, Octopus Network(OCT) has changed -1.29% to KHR while Cambodian Riel(KHR) has changed % to OCT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ៛593.82 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ៛657.42 | 0.1000% / 0.1000% | Yes |
Gate.io | ៛591.72 | 0.1000% / 0.1000% | Yes |
Last updated 2024/09/17 00:00:18(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 KHR (Cambodian Riel) offers
Bitget P2P trading does not currently support direct buying of OCT with KHR. 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 KHR (Cambodian Riel) offers
Bitget P2P trading currently does not support direct selling of OCT to KHR. 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 Cambodian Riel?
Octopus Network to Cambodian Riel is rising this week.Octopus Network's current market price is ៛ 594.62 per OCT, with a total market cap of ៛ 0 KHR based on a circulating supply of -- OCT. The trading volume of Octopus Network has changed by -5.55% (៛ -15,663,399.41 KHR) in the last 24 hours. Last trading day, OCT's trading volume was ៛ 281,994,768.42.
Market cap
$0
24h volume
$65.67K
Circulating supply
0 OCT
Conversion tables
The exchange rate of Octopus Network is increasing.1 OCT is currently valued at ៛ 594.62 KHR , which means buying 5 OCT will cost ៛ 2,973.12 KHR . Similarly, ៛1 KHR can be traded for 0.001682 OCT, and ៛50 KHR can be converted to 0.08409 OCT, excluding any platform or gas fees.
The exchange rate of 1 OCT to Cambodian Riel has changed by +3.90% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.29%, reaching a high of 612.1 KHR and a low of 590.58 KHR . One month ago, the value of 1 OCT was ៛ 520.35 KHR , which represents a +14.34% change from its current value. Over the last year, Octopus Network has changed by , resulting in a change of +32.29% in its value.
+៛
144.51KHROCT to KHR
Amount
04:57 am today
0.5 OCT
៛297.31
1 OCT
៛594.62
5 OCT
៛2,973.12
10 OCT
៛5,946.24
50 OCT
៛29,731.18
100 OCT
៛59,462.35
500 OCT
៛297,311.76
1000 OCT
៛594,623.51
KHR to OCT
Amount04:57 am today
0.5KHR0.0008409 OCT
1KHR0.001682 OCT
5KHR0.008409 OCT
10KHR0.01682 OCT
50KHR0.08409 OCT
100KHR0.1682 OCT
500KHR0.8409 OCT
1000KHR1.68 OCT
Today vs. 24 hours ago
| Amount | 04:57 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OCT | $0.07331 | $0.07426 | -1.29% |
| 1 OCT | $0.1466 | $0.1485 | -1.29% |
| 5 OCT | $0.7331 | $0.7426 | -1.29% |
| 10 OCT | $1.47 | $1.49 | -1.29% |
| 50 OCT | $7.33 | $7.43 | -1.29% |
| 100 OCT | $14.66 | $14.85 | -1.29% |
| 500 OCT | $73.31 | $74.26 | -1.29% |
| 1000 OCT | $146.62 | $148.52 | -1.29% |
Today vs. 1 month ago
| Amount | 04:57 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OCT | $0.07331 | $0.06415 | +14.34% |
| 1 OCT | $0.1466 | $0.1283 | +14.34% |
| 5 OCT | $0.7331 | $0.6415 | +14.34% |
| 10 OCT | $1.47 | $1.28 | +14.34% |
| 50 OCT | $7.33 | $6.42 | +14.34% |
| 100 OCT | $14.66 | $12.83 | +14.34% |
| 500 OCT | $73.31 | $64.15 | +14.34% |
| 1000 OCT | $146.62 | $128.3 | +14.34% |
Today vs. 1 year ago
| Amount | 04:57 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OCT | $0.07331 | $0.05549 | +32.29% |
| 1 OCT | $0.1466 | $0.1110 | +32.29% |
| 5 OCT | $0.7331 | $0.5549 | +32.29% |
| 10 OCT | $1.47 | $1.11 | +32.29% |
| 50 OCT | $7.33 | $5.55 | +32.29% |
| 100 OCT | $14.66 | $11.1 | +32.29% |
| 500 OCT | $73.31 | $55.49 | +32.29% |
| 1000 OCT | $146.62 | $110.98 | +32.29% |
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 $0.2388 in 2025.
What will the price of OCT be in 2030?
In 2030, the OCT price is expected to change by -18.00%. By the end of 2030, the OCT price is projected to reach $0.1940, with a cumulative ROI of +24.09%.
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Popular Octopus Network conversions
Check out these popular currency conversions of Octopus Network to several fiat currencies.
Octopus Network to USD
1 OCT to $ 0.1466 USD
Octopus Network to GBP
1 OCT to £ 0.1110 GBP
Octopus Network to EUR
1 OCT to € 0.1318 EUR
Octopus Network to KRW
1 OCT to ₩ 192.97 KRW
Octopus Network to CAD
1 OCT to $ 0.1993 CAD
Octopus Network to AUD
1 OCT to $ 0.2172 AUD
Octopus Network to JPY
1 OCT to ¥ 20.62 JPY
Octopus Network to BRL
1 OCT to R$ 0.8072 BRL
Octopus Network to CNY
1 OCT to ¥ 1.04 CNY
Octopus Network to TWD
1 OCT to NT$ 4.67 TWD
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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 KHR.
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 KHR. 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 KHR, 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.
