Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy

OCTO to MYR Converter and calculator

OCTO/MYR: 1 OCTO = 1.03 MYR. The price of converting 1 OctoFi (OCTO) to Malaysian Ringgit (MYR) is 1.03 MYR today.
OCTO
OCTO
MYR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter provides OCTO to MYR real-time exchange rates, making it easy to convert OctoFi (OCTO) to Malaysian Ringgit (MYR). The conversion result is based on real-time data. The conversion result shows that 1 OCTO is currently valued at 1.03 MYR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OCTO is currently valued at 1.03 MYR, which means buying 5 OCTO would cost 5.15 MYR. Similarly, RM1 MYR can be converted to 0.9717 OCTO, and RM50 MYR can be converted to 4.86 OCTO, excluding any platform or gas fees.

Convert OCTO to MYR

Convert MYR to OCTO

OctoFi
Malaysian Ringgit
1000 OCTO
1,029.1  MYR
5000 OCTO
5,145.52  MYR
10000 OCTO
10,291.05  MYR
In the table above, you'll find a comprehensive OCTO to MYR converter that shows the value of OctoFi in Malaysian Ringgit across commonly used conversion amounts. The list covers conversions from 1 OCTO to MYR, all the way up to 10000 OCTO, providing a clear view of their respective values.
Malaysian Ringgit
OctoFi
10000 MYR
9,717.18 OCTO
50000 MYR
48,585.91 OCTO
100000 MYR
97,171.82 OCTO
In the table above, you'll find a comprehensive MYR to OCTO converter that shows the value of Malaysian Ringgit in OctoFi across commonly used conversion amounts. The list covers conversions from 1 MYR to OCTO, all the way up to 100000 MYR, providing a clear view of their respective values.

OCTO to MYR chart

OCTO/MYR: 1 OCTO = 1.03 MYR; 2025/04/30 12:43:25
In the past 1D, OctoFi has changed -2.50% to MYR. Based on the trend and price charts, OctoFi(OCTO) has changed -2.50% to MYR while Malaysian Ringgit(MYR) has changed % to OCTO in the last 24 hours.
1D7D1M3M1YAll

OCTO to MYR conversion data: Volatility and price changes of OctoFi in MYR

The highest OctoFi price in MYR over the past 7 days was 1.1 MYR while the lowest OctoFi price in MYR over the past 7 days was 0.9562 MYR. The relative change between the highs and lows in OctoFi price in MYR over the last 7 days indicates a volatility of %. You can view additional volatility data and OCTO to MYR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
1.07 MYR
1.1 MYR
1.86 MYR
1.86 MYR
Low
0.9858 MYR
0.9562 MYR
0.9092 MYR
0.9092 MYR
Average
0 MYR
0 MYR
0 MYR
0 MYR
Volatility
%
%
%
%
Change
-2.50%
+5.59%
-28.00%
-41.59%

OctoFi information

OCTO to MYR market statistics

OCTO/MYR:
RM1.03
OCTO 24h volume:
--
OCTO market cap:
RM821,177.54
OCTO circulating supply:
797.95K OCTO

Current OCTO to MYR exchange rate

OctoFi to Malaysian Ringgit is rising this week.
OctoFi's current market price is RM1.03 per OCTO, with a total market cap of RM821,177.54 MYR based on a circulating supply of 797,953.2 OCTO. The trading volume of OctoFi has changed by 0.00% (RM0 MYR) in the last 24 hours. Last trading day, OCTO's trading volume was RM0.

More info about OctoFi on Bitget

Malaysian Ringgit information

About the Malaysian Ringgit (MYR)

What Is the Malaysian Ringgit (MYR)?

The Malaysian Ringgit, abbreviated as MYR and often represented by the symbol "RM," is the official currency of Malaysia. RM stands for "Ringgit Malaysia." The term "Ringgit" means "jagged" in Malay, originally referring to the serrated edges of silver Spanish dollars. The Ringgit is divided into 100 smaller units known as sen. The Malaysian Ringgit is the sole legal tender in Malaysia, and it is used for all transactions within the country.

The Malaysian Ringgit is issued by the Central Bank of Malaysia, known as Bank Negara Malaysia. Established on January 26, 1959, under the Central Bank of Malaysia Act 1958, Bank Negara Malaysia is the sole authority responsible for issuing currency in Malaysia. In addition to currency issuance, the central bank also manages monetary policy, financial stability, and the overall financial system infrastructure in the country.

What Is the History of MYR?

The Ringgit has a rich history, tracing back to the times when Malaysia was a part of European colonial powers. Initially, the Spanish dollars were used, later replaced by the Indian Rupee in 1837, and then reintroduced 30 years later. The Straits Dollar took over in 1903, pegged at two shillings to the British Pound. The Malaysian Ringgit was introduced in 1967, replacing the Dollar Malaya, which was also used by Singapore and Brunei.

Notes and Coins of MYR

The first series of coins and banknotes were issued in 1967. Over the years, various denominations have been used, including 1, 5, 10, 20, and 50 sen coins, and RM1, RM5, RM10, RM20, RM50, RM100 banknotes. The RM500 and RM1000 notes were discontinued in 1999 due to the Asian Financial Crisis.

Is MYR Pegged to the US Dollar?

The Malaysian Ringgit (MYR), issued by Bank Negara Malaysia, is not pegged to the US Dollar. Historically, during the Asian Financial Crisis in 1998, Malaysia had pegged the Ringgit to the US Dollar at a rate of 3.8 MYR to 1 USD to stabilize its economy. However, this peg was removed on July 21, 2005, following a similar decision by China regarding the Renminbi. Since then, the Ringgit has been operating under a managed float system, where its value is determined by market forces of supply and demand, with occasional interventions by the central bank to ensure stability. This transition reflects a move towards aligning the Ringgit's value more closely with Malaysia's economic fundamentals and market dynamics.

What Is the Price History of MYR?

The Malaysian Ringgit (MYR) has experienced a dynamic price history, significantly influenced by regional and global economic events. Before 1998, the Ringgit's value fluctuated in response to domestic and international economic conditions. The Asian Financial Crisis of 1997-1998 dramatically impacted the Ringgit, leading Malaysia to peg it to the US Dollar at 3.8 MYR to 1 USD in 1998 for stability. This peg was removed in 2005, transitioning the Ringgit to a managed float system where its value is determined by market forces, though occasionally stabilized by interventions from Bank Negara Malaysia. Since then, the Ringgit's valuation has been influenced by various factors, including global oil prices, Malaysia's economic policies, US-China trade tensions, and domestic political scenarios, reflecting its sensitivity to both internal and external economic dynamics. As of January 2024, the Malaysian Ringgit is trading at a rate of 1 MYR = 0.22 US dollars.

Bitget crypto-to-fiat exchange data shows that the most popular OctoFi currency pair is the OCTO to MYR, with for OctoFi's currency code being OCTO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for MYR.

Popular conversions

popular info bitcoin
BTC to USD
1 BTC to 95127.73 USD
popular info ethereum
ETH to USD
1 ETH to 1807.60 USD
popular info ripple
XRP to USD
1 XRP to 2.25 USD
popular info solana
SOL to USD
1 SOL to 147.49 USD
popular info bitcoin
BTC to EUR
1 BTC to 83664.84 EUR
popular info bitcoin
BTC to GBP
1 BTC to 71203.11 GBP
popular info bitcoin
BTC to CAD
1 BTC to 131571.16 CAD
popular info bitcoin
BTC to BRL
1 BTC to 534646.38 BRL
popular info bitcoin
BTC to INR
1 BTC to 8041594.12 INR
popular info pi-network
PI to INR
1 PI to 49.54 INR

Hot promotions

How to convert OCTO to MYR

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Convert OCTO to MYR
Choose from cryptocurrencies to trade on Bitget.

Buy

Sell

Buy OCTO (or USDT) for MYR (Malaysian Ringgit) offers
Bitget P2P trading does not currently support direct buying of OCTO with MYR. However, you can buy USDT in Bitget P2P trading first, and then buy OCTO with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Popular OctoFi Converter

popular info New Taiwan dollar
OCTO to TWD
1 OCTO to NT$7.64 TWD
popular info Malaysian Ringgit
OCTO to MYR
1 OCTO to RM1.03 MYR
popular info Chinese Yuan
OCTO to CNY
1 OCTO to ¥1.73 CNY
popular info United States Dollar
OCTO to USD
1 OCTO to $0.2384 USD
popular info Euro
OCTO to EUR
1 OCTO to €0.2097 EUR
popular info Canadian Dollar
OCTO to CAD
1 OCTO to C$0.3298 CAD
popular info South Korean Won
OCTO to KRW
1 OCTO to ₩339.26 KRW
popular info Japanese Yen
OCTO to JPY
1 OCTO to ¥34.11 JPY
popular info Pound Sterling
OCTO to GBP
1 OCTO to £0.1785 GBP
popular info Brazilian Real
OCTO to BRL
1 OCTO to R$1.34 BRL

Popular cryptocurrencies to MYR

other assets Alpaca Finance
ALPACA to MYR
1 ALPACA to RM2.64 MYR
other assets Pundi X (New)
PUNDIX to MYR
1 PUNDIX to RM2.37 MYR
other assets LooksRare
LOOKS to MYR
1 LOOKS to RM0.09059 MYR
other assets Drift
DRIFT to MYR
1 DRIFT to RM3.23 MYR
other assets Biswap
BSW to MYR
1 BSW to RM0.2226 MYR
other assets Voxies
VOXEL to MYR
1 VOXEL to RM0.4715 MYR
other assets BNB
BNB to MYR
1 BNB to RM2,596.37 MYR
other assets Shentu
CTK to MYR
1 CTK to RM2.11 MYR
other assets XRP
XRP to MYR
1 XRP to RM9.6 MYR
other assets Bubblemaps
BMT to MYR
1 BMT to RM0.6042 MYR

OCTO to MYR Conversion tables

The exchange rate of OctoFi is decreasing.
The exchange rate of 1 OCTO to Malaysian Ringgit has changed by +5.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.50%, reaching a high of 1.07 MYR and a low of 0.9858 MYR . One month ago, the value of 1 OCTO was RM1.43 MYR , which represents a -28.00% change from its current value. Over the last year, OctoFi has changed by
-RM
0.6773MYR
, resulting in a change of -39.70% in its value.
24 hours ago1 month ago1 year ago
Amount12:43 today24 hours ago24h change
0.5 OCTORM0.5146RM0.5278
-2.50%
1 OCTORM1.03RM1.06
-2.50%
5 OCTORM5.15RM5.28
-2.50%
10 OCTORM10.29RM10.56
-2.50%
50 OCTORM51.46RM52.78
-2.50%
100 OCTORM102.91RM105.55
-2.50%
500 OCTORM514.55RM527.77
-2.50%
1000 OCTORM1,029.1RM1,055.53
-2.50%

OCTO to MYR FAQ

How much is 1 OctoFi in MYR?
Right now, the price of 1 OctoFi (OCTO) in Malaysian Ringgit (MYR) is RM1.03.
How much OCTO can I buy for 1 MYR?
Based on the current exchange rate, you can get 0.9717 OCTO for 1 MYR.
How do I calculate or convert OCTO to MYR?
You can use our OCTO to MYR calculator at the top of this page to convert any amount of OCTO to MYR. We've also included quick-reference tables for the most popular conversions. For example, 5 MYR is equivalent to 4.86 OCTO, while 5 OCTO will cost around 5.15MYR.
What is the highest price of OCTO/MYR in history?
The all-time high price of 1 OCTO in MYR is RM552.84. It remains to be seen if the value of 1 OCTO/MYR will exceed the current all-time high.
What is the price trend of OctoFi in MYR?
Over the past 7 days, the exchange rate of OctoFi (OCTO) has gone up by 5.59%.   Over the last month, the exchange rate of OctoFi (OCTO) has gone down by 28.00% against Malaysian Ringgit (MYR).

What factors influence the conversion rate of OCTO to MYR?

There are many factors that affect the relationship between OctoFi and Malaysian Ringgit, 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 OCTO/MYR. When there is positive news in the market about the widespread adoption of OCTO or major technological breakthroughs, it tends to trigger market optimism and drive the rise of OCTO/MYR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in OCTO/MYR.
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 OCTO/MYR. 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 OctoFi and adjust their investment strategies accordingly in the evolving market.

Purchase other cryptocurrencies with similar market cap

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.