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base info Bitcoin SV

Bitcoin SV to Qatari Rial Converter and calculator

Convert 1Bitcoin SV (BSV) to Qatari Rial (QAR) equals ر.ق 262.41 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Bitcoin SV(BSV) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 BSV at a value of 1 BSV for 262.41 QAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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.

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

BSV to QAR conversion rate trend

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In the past 1D, Bitcoin SV has changed +1.48% to QAR. Based on the trend and price charts, Bitcoin SV(BSV) has changed +1.48% to QAR while Qatari Rial(QAR) has changed % to BSV in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق263.56
0.0001% / 0.0004%vip-iconVIP
OKX
ر.ق263.2
0.080% / 0.100%
Yes
Huobi
ر.ق262.92
0.1000% / 0.1000%
Yes
Gate.io
ر.ق263.31
0.1000% / 0.1000%
Yes
KuCoin
ر.ق263.45
0.1000% / 0.1000%
Yes
Last updated 2024/04/24 05:00:35(UTC+0)

What factors influence the conversion rate of Bitcoin SV to Qatari Rial?

Bitcoin SV to Qatari Rial is rising this week.
Bitcoin SV's current market price is ر.ق 262.41 per BSV, with a total market cap of ر.ق 5,167,348,970.08 QAR based on a circulating supply of 19,692,162 BSV. The trading volume of Bitcoin SV has changed by -13.36% (ر.ق -20,975,169.05 QAR) in the last 24 hours. Last trading day, BSV's trading volume was ر.ق 156,991,542.71.
Market cap
$1.42B
24h volume
$37.49M
Circulating supply
19.69M BSV

Conversion tables

The exchange rate of Bitcoin SV is decreasing.
1 BSV is currently valued at ر.ق 262.41 QAR , which means buying 5 BSV will cost ر.ق 1,312.03 QAR . Similarly, ر.ق1 QAR can be traded for 0.003811 BSV, and ر.ق50 QAR can be converted to 0.1905 BSV, excluding any platform or gas fees.
The exchange rate of 1 BSV to Qatari Rial has changed by +7.05% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.48%, reaching a high of 262.98 QAR and a low of 256.57 QAR . One month ago, the value of 1 BSV was ر.ق 314.83 QAR , which represents a -16.62% change from its current value. Over the last year, Bitcoin SV has changed by
+ر.ق
30.98QAR
, resulting in a change of +113.48% in its value.

BSV to QAR

Amount
05:01 am today
0.5 BSV
ر.ق131.2
1 BSV
ر.ق262.41
5 BSV
ر.ق1,312.03
10 BSV
ر.ق2,624.06
50 BSV
ر.ق13,120.32
100 BSV
ر.ق26,240.64
500 BSV
ر.ق131,203.19
1000 BSV
ر.ق262,406.38

QAR to BSV

Amount05:01 am today
0.5QAR0.001905  BSV
1QAR0.003811  BSV
5QAR0.01905  BSV
10QAR0.03811  BSV
50QAR0.1905  BSV
100QAR0.3811  BSV
500QAR1.91  BSV
1000QAR3.81  BSV
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Today vs. 24 hours ago

Amount05:01 am today24 hours ago24h change
0.5 BSV$36.16$35.63
+1.48%
1 BSV$72.32$71.26
+1.48%
5 BSV$361.61$356.31
+1.48%
10 BSV$723.22$712.62
+1.48%
50 BSV$3,616.11$3,563.1
+1.48%
100 BSV$7,232.21$7,126.21
+1.48%
500 BSV$36,161.07$35,631.03
+1.48%
1000 BSV$72,322.13$71,262.06
+1.48%

Today vs. 1 month ago

Amount05:01 am today1 month ago1M change
0.5 BSV$36.16$43.39
-16.62%
1 BSV$72.32$86.77
-16.62%
5 BSV$361.61$433.85
-16.62%
10 BSV$723.22$867.7
-16.62%
50 BSV$3,616.11$4,338.52
-16.62%
100 BSV$7,232.21$8,677.04
-16.62%
500 BSV$36,161.07$43,385.21
-16.62%
1000 BSV$72,322.13$86,770.42
-16.62%

Today vs. 1 year ago

Amount05:01 am today1 year ago1Y change
0.5 BSV$36.16$16.89
+113.48%
1 BSV$72.32$33.78
+113.48%
5 BSV$361.61$168.92
+113.48%
10 BSV$723.22$337.83
+113.48%
50 BSV$3,616.11$1,689.15
+113.48%
100 BSV$7,232.21$3,378.31
+113.48%
500 BSV$36,161.07$16,891.53
+113.48%
1000 BSV$72,322.13$33,783.07
+113.48%

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.