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Bitcoin to Qatari Rial Converter and calculator

Convert 1Bitcoin (BTC) to Qatari Rial (QAR) equals ر.ق 232,921.01 | 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(BTC) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 BTC at a value of 1 BTC for 232,921.01 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 currency pair is the BTC to QAR, with for Bitcoin's currency code being BTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

BTC to QAR conversion rate trend

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In the past 1D, Bitcoin has changed -1.13% to QAR. Based on the trend and price charts, Bitcoin(BTC) has changed -1.13% to QAR while Qatari Rial(QAR) has changed % to BTC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق232,471.73
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق232,458
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.ق232,404.34
0.1000% / 0.1000%
Yes
Kraken
ر.ق232,490.37
0.1000% / 0.1000%
Yes
OKX
ر.ق232,468.16
0.080% / 0.100%
Yes
Huobi
ر.ق232,451.92
0.1000% / 0.1000%
Yes
Gate.io
ر.ق232,439.04
0.1000% / 0.1000%
Yes
Bybit
ر.ق232,472.06
0.1000% / 0.1000%
Yes
KuCoin
ر.ق232,447.41
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق232,440.49
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 13:00:32(UTC+0)

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

Bitcoin to Qatari Rial is falling this week.
Bitcoin's current market price is ر.ق 232,921.01 per BTC, with a total market cap of ر.ق 4,585,686,227,208.87 QAR based on a circulating supply of 19,687,732 BTC. The trading volume of Bitcoin has changed by -42.90% (ر.ق -78,959,180,278.69 QAR) in the last 24 hours. Last trading day, BTC's trading volume was ر.ق 184,040,734,302.87.
Market cap
$1.26T
24h volume
$28.86B
Circulating supply
19.69M BTC

Conversion tables

The exchange rate of Bitcoin is decreasing.
1 BTC is currently valued at ر.ق 232,921.01 QAR , which means buying 5 BTC will cost ر.ق 1,164,605.03 QAR . Similarly, ر.ق1 QAR can be traded for 0.{5}4293 BTC, and ر.ق50 QAR can be converted to 0.0002147 BTC, excluding any platform or gas fees.
The exchange rate of 1 BTC to Qatari Rial has changed by -5.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.13%, reaching a high of 236,645.1 QAR and a low of 229,498.33 QAR . One month ago, the value of 1 BTC was ر.ق 245,106.38 QAR , which represents a -4.97% change from its current value. Over the last year, Bitcoin has changed by
+ر.ق
20,687.35QAR
, resulting in a change of +126.31% in its value.

BTC to QAR

Amount
13:39 today
0.5 BTC
ر.ق116,460.5
1 BTC
ر.ق232,921.01
5 BTC
ر.ق1,164,605.03
10 BTC
ر.ق2,329,210.06
50 BTC
ر.ق11,646,050.28
100 BTC
ر.ق23,292,100.56
500 BTC
ر.ق116,460,502.82
1000 BTC
ر.ق232,921,005.65

QAR to BTC

Amount13:39 today
0.5QAR0.{5}2147  BTC
1QAR0.{5}4293  BTC
5QAR0.{4}2147  BTC
10QAR0.{4}4293  BTC
50QAR0.0002147  BTC
100QAR0.0004293  BTC
500QAR0.002147  BTC
1000QAR0.004293  BTC
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Today vs. 24 hours ago

Amount13:39 today24 hours ago24h change
0.5 BTC$31,988.49$32,354.84
-1.13%
1 BTC$63,976.98$64,709.69
-1.13%
5 BTC$319,884.92$323,548.44
-1.13%
10 BTC$639,769.84$647,096.88
-1.13%
50 BTC$3,198,849.2$3,235,484.4
-1.13%
100 BTC$6,397,698.4$6,470,968.8
-1.13%
500 BTC$31,988,492$32,354,844
-1.13%
1000 BTC$63,976,984$64,709,688
-1.13%

Today vs. 1 month ago

Amount13:39 today1 month ago1M change
0.5 BTC$31,988.49$33,661.99
-4.97%
1 BTC$63,976.98$67,323.97
-4.97%
5 BTC$319,884.92$336,619.85
-4.97%
10 BTC$639,769.84$673,239.7
-4.97%
50 BTC$3,198,849.2$3,366,198.5
-4.97%
100 BTC$6,397,698.4$6,732,397
-4.97%
500 BTC$31,988,492$33,661,985
-4.97%
1000 BTC$63,976,984$67,323,970
-4.97%

Today vs. 1 year ago

Amount13:39 today1 year ago1Y change
0.5 BTC$31,988.49$14,147.37
+126.31%
1 BTC$63,976.98$28,294.74
+126.31%
5 BTC$319,884.92$141,473.69
+126.31%
10 BTC$639,769.84$282,947.38
+126.31%
50 BTC$3,198,849.2$1,414,736.9
+126.31%
100 BTC$6,397,698.4$2,829,473.8
+126.31%
500 BTC$31,988,492$14,147,369
+126.31%
1000 BTC$63,976,984$28,294,738
+126.31%

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.