Bitget App
Trade smarter
Buy cryptoMarketsTradeCopyBotsEarnWeb3
base info Avalanche

Avalanche to Qatari Rial Converter and calculator

Convert 1Avalanche (AVAX) to Qatari Rial (QAR) equals ر.ق 130.28 | Bitget

QAR information

About Qatari Rial (QAR)

The Qatari Rial (QAR), introduced in 1973, is more than just the official currency of Qatar; it is a testament to the nation's economic growth, wealth, and cultural heritage. It is commonly abbreviated as QAR and represented by the symbol ر.ق. Emerging after Qatar gained independence from the British, the Rial replaced the Qatar and Dubai Riyal and marked a new chapter in the country's burgeoning financial landscape.

Historical Background

The introduction of the Qatari Rial was a crucial step in Qatar's journey towards economic self-sufficiency and sovereignty. The currency's establishment coincided with the rapid development of Qatar's oil and gas sectors, propelling the nation into economic prominence. The Rial symbolized not only a new monetary system but also Qatar's emergence as a significant player in the global economy.

Design and Symbolism

The design of the Qatari Rial is a reflection of Qatar's rich history and cultural identity. Banknotes feature imagery of the Qatari flag, traditional dhow boats, and prominent landmarks like the Museum of Islamic Art. These designs serve not only as a medium for financial transactions but also as symbols of Qatar's blend of tradition and modernity, showcasing its journey from a pearling economy to a global energy powerhouse.

Economic Role

The Qatari Rial plays a central role in the nation’s economy, underpinned by one of the world’s largest reserves of oil and natural gas. The currency is instrumental in facilitating trade, both domestically and internationally, and supports various sectors including finance, construction, and a growing service industry.

Monetary Policy and Stability

Managed by the Qatar Central Bank, the Rial is pegged to the US Dollar, reflecting the economic relationship between Qatar and the United States, particularly in the oil sector. This peg provides stability to the Rial, crucial in an economy heavily reliant on hydrocarbon exports, and helps to manage inflation.

International Trade and the Qatari Rial

The stability of the Qatari Rial is vital in international trade, particularly for Qatar's exports of liquefied natural gas (LNG) and petroleum products. A stable Rial is essential for maintaining competitive pricing in global markets and for attracting foreign investment in various sectors.

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

AVAX to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Avalanche has changed +3.59% to QAR. Based on the trend and price charts, Avalanche(AVAX) has changed +3.59% to QAR while Qatari Rial(QAR) has changed % to AVAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق129.83
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق129.64
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.ق129.75
0.1000% / 0.1000%
Yes
Kraken
ر.ق129.86
0.1000% / 0.1000%
Yes
OKX
ر.ق129.65
0.080% / 0.100%
Yes
Huobi
ر.ق129.59
0.1000% / 0.1000%
Yes
Gate.io
ر.ق129.6
0.1000% / 0.1000%
Yes
Bybit
ر.ق129.77
0.1000% / 0.1000%
Yes
KuCoin
ر.ق129.62
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق129.53
0.1000% / 0.1000%
Yes
Last updated 2024/04/19 12:00:30(UTC+0)

What factors influence the conversion rate of Avalanche to Qatari Rial?

Avalanche to Qatari Rial is falling this week.
Avalanche's current market price is ر.ق 130.28 per AVAX, with a total market cap of ر.ق 49,246,103,111.89 QAR based on a circulating supply of 377,989,820 AVAX. The trading volume of Avalanche has changed by -0.37% (ر.ق -9,178,925.42 QAR) in the last 24 hours. Last trading day, AVAX's trading volume was ر.ق 2,509,274,309.24.
Market cap
$13.45B
24h volume
$682.88M
Circulating supply
377.99M AVAX

Conversion tables

The exchange rate of Avalanche is decreasing.
1 AVAX is currently valued at ر.ق 130.28 QAR , which means buying 5 AVAX will cost ر.ق 651.42 QAR . Similarly, ر.ق1 QAR can be traded for 0.007676 AVAX, and ر.ق50 QAR can be converted to 0.3838 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Qatari Rial has changed by -21.44% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.59%, reaching a high of 131.76 QAR and a low of 117.19 QAR . One month ago, the value of 1 AVAX was ر.ق 198.27 QAR , which represents a -34.29% change from its current value. Over the last year, Avalanche has changed by
+ر.ق
23.42QAR
, resulting in a change of +85.43% in its value.

AVAX to QAR

Amount
12:53 today
0.5 AVAX
ر.ق65.14
1 AVAX
ر.ق130.28
5 AVAX
ر.ق651.42
10 AVAX
ر.ق1,302.84
50 AVAX
ر.ق6,514.21
100 AVAX
ر.ق13,028.42
500 AVAX
ر.ق65,142.1
1000 AVAX
ر.ق130,284.2

QAR to AVAX

Amount12:53 today
0.5QAR0.003838  AVAX
1QAR0.007676  AVAX
5QAR0.03838  AVAX
10QAR0.07676  AVAX
50QAR0.3838  AVAX
100QAR0.7676  AVAX
500QAR3.84  AVAX
1000QAR7.68  AVAX
share

Today vs. 24 hours ago

Amount12:53 today24 hours ago24h change
0.5 AVAX$17.79$17.18
+3.59%
1 AVAX$35.59$34.35
+3.59%
5 AVAX$177.93$171.77
+3.59%
10 AVAX$355.86$343.54
+3.59%
50 AVAX$1,779.3$1,717.68
+3.59%
100 AVAX$3,558.61$3,435.36
+3.59%
500 AVAX$17,793.04$17,176.8
+3.59%
1000 AVAX$35,586.08$34,353.59
+3.59%

Today vs. 1 month ago

Amount12:53 today1 month ago1M change
0.5 AVAX$17.79$27.08
-34.29%
1 AVAX$35.59$54.16
-34.29%
5 AVAX$177.93$270.78
-34.29%
10 AVAX$355.86$541.57
-34.29%
50 AVAX$1,779.3$2,707.85
-34.29%
100 AVAX$3,558.61$5,415.69
-34.29%
500 AVAX$17,793.04$27,078.47
-34.29%
1000 AVAX$35,586.08$54,156.94
-34.29%

Today vs. 1 year ago

Amount12:53 today1 year ago1Y change
0.5 AVAX$17.79$9.6
+85.43%
1 AVAX$35.59$19.19
+85.43%
5 AVAX$177.93$95.95
+85.43%
10 AVAX$355.86$191.9
+85.43%
50 AVAX$1,779.3$959.51
+85.43%
100 AVAX$3,558.61$1,919.03
+85.43%
500 AVAX$17,793.04$9,595.13
+85.43%
1000 AVAX$35,586.08$19,190.27
+85.43%

FAQ

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.