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base info OKB

OKB to Saudi Riyal Converter and calculator

Convert 1OKB (OKB) to Saudi Riyal (SAR) equals ر.س 210.36 | Bitget

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.

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

OKB to SAR conversion rate trend

In the past 1D, OKB has changed +2.01% to SAR. Based on the trend and price charts, OKB(OKB) has changed +2.01% to SAR while Saudi Riyal(SAR) has changed % to OKB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.080% / 0.100%
0.1000% / 0.1000%
Last updated 2024/04/18 16:00:26(UTC+0)

What factors influence the conversion rate of OKB to Saudi Riyal?

OKB to Saudi Riyal is falling this week.
OKB's current market price is ر.س 210.36 per OKB, with a total market cap of ر.س 12,621,738,458.86 SAR based on a circulating supply of 60,000,000 OKB. The trading volume of OKB has changed by -39.76% (ر.س -27,940,719.08 SAR) in the last 24 hours. Last trading day, OKB's trading volume was ر.س 70,281,746.29.
Market cap
24h volume
Circulating supply
60.00M OKB

Conversion tables

The exchange rate of OKB is decreasing.
1 OKB is currently valued at ر.س 210.36 SAR , which means buying 5 OKB will cost ر.س 1,051.81 SAR . Similarly, ر.س1 SAR can be traded for 0.004754 OKB, and ر.س50 SAR can be converted to 0.2377 OKB, excluding any platform or gas fees.
The exchange rate of 1 OKB to Saudi Riyal has changed by -0.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.01%, reaching a high of 210.43 SAR and a low of 202.54 SAR . One month ago, the value of 1 OKB was ر.س 223.19 SAR , which represents a -5.75% change from its current value. Over the last year, OKB has changed by
, resulting in a change of +3.59% in its value.


16:34 today
0.5 OKB
10 OKB
50 OKB
100 OKB
500 OKB
1000 OKB


Amount16:34 today
0.5SAR0.002377  OKB
1SAR0.004754  OKB
5SAR0.02377  OKB
10SAR0.04754  OKB
50SAR0.2377  OKB
100SAR0.4754  OKB
500SAR2.38  OKB
1000SAR4.75  OKB

Today vs. 24 hours ago

Amount16:34 today24 hours ago24h change
0.5 OKB$28.04$27.49
1 OKB$56.08$54.98
5 OKB$280.39$274.88
10 OKB$560.79$549.77
50 OKB$2,803.93$2,748.83
100 OKB$5,607.87$5,497.65
500 OKB$28,039.34$27,488.26
1000 OKB$56,078.67$54,976.52

Today vs. 1 month ago

Amount16:34 today1 month ago1M change
0.5 OKB$28.04$29.75
1 OKB$56.08$59.5
5 OKB$280.39$297.49
10 OKB$560.79$594.97
50 OKB$2,803.93$2,974.87
100 OKB$5,607.87$5,949.75
500 OKB$28,039.34$29,748.73
1000 OKB$56,078.67$59,497.47

Today vs. 1 year ago

Amount16:34 today1 year ago1Y change
0.5 OKB$28.04$27.07
1 OKB$56.08$54.13
5 OKB$280.39$270.67
10 OKB$560.79$541.34
50 OKB$2,803.93$2,706.69
100 OKB$5,607.87$5,413.38
500 OKB$28,039.34$27,066.88
1000 OKB$56,078.67$54,133.76


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