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base info Ethereum Classic

Ethereum Classic to Qatari Rial Converter and calculator

Convert 1Ethereum Classic (ETC) to Qatari Rial (QAR) equals ر.ق 95.12 | 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.

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

ETC to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Ethereum Classic has changed +4.45% to QAR. Based on the trend and price charts, Ethereum Classic(ETC) has changed +4.45% to QAR while Qatari Rial(QAR) has changed % to ETC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق94.74
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق94.78
0.1000% / 0.1000%
Yes
OKX
ر.ق94.88
0.080% / 0.100%
Yes
Huobi
ر.ق94.8
0.1000% / 0.1000%
Yes
Gate.io
ر.ق94.95
0.1000% / 0.1000%
Yes
Bybit
ر.ق94.78
0.1000% / 0.1000%
Yes
KuCoin
ر.ق94.73
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق95
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 16:00:39(UTC+0)

What factors influence the conversion rate of Ethereum Classic to Qatari Rial?

Ethereum Classic to Qatari Rial is falling this week.
Ethereum Classic's current market price is ر.ق 95.12 per ETC, with a total market cap of ر.ق 13,946,138,910.13 QAR based on a circulating supply of 146,615,780 ETC. The trading volume of Ethereum Classic has changed by +2.53% (ر.ق 19,239,311.1 QAR) in the last 24 hours. Last trading day, ETC's trading volume was ر.ق 759,037,010.17.
Market cap
$3.83B
24h volume
$213.92M
Circulating supply
146.62M ETC

Conversion tables

The exchange rate of Ethereum Classic is decreasing.
1 ETC is currently valued at ر.ق 95.12 QAR , which means buying 5 ETC will cost ر.ق 475.6 QAR . Similarly, ر.ق1 QAR can be traded for 0.01051 ETC, and ر.ق50 QAR can be converted to 0.5257 ETC, excluding any platform or gas fees.
The exchange rate of 1 ETC to Qatari Rial has changed by -23.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.45%, reaching a high of 95.57 QAR and a low of 89.89 QAR . One month ago, the value of 1 ETC was ر.ق 105.45 QAR , which represents a -9.80% change from its current value. Over the last year, Ethereum Classic has changed by
+ر.ق
1.95QAR
, resulting in a change of +26.86% in its value.

ETC to QAR

Amount
16:29 today
0.5 ETC
ر.ق47.56
1 ETC
ر.ق95.12
5 ETC
ر.ق475.6
10 ETC
ر.ق951.2
50 ETC
ر.ق4,756.02
100 ETC
ر.ق9,512.03
500 ETC
ر.ق47,560.16
1000 ETC
ر.ق95,120.32

QAR to ETC

Amount16:29 today
0.5QAR0.005257  ETC
1QAR0.01051  ETC
5QAR0.05257  ETC
10QAR0.1051  ETC
50QAR0.5257  ETC
100QAR1.05  ETC
500QAR5.26  ETC
1000QAR10.51  ETC
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Today vs. 24 hours ago

Amount16:29 today24 hours ago24h change
0.5 ETC$13.07$12.52
+4.45%
1 ETC$26.14$25.03
+4.45%
5 ETC$130.72$125.15
+4.45%
10 ETC$261.45$250.3
+4.45%
50 ETC$1,307.24$1,251.52
+4.45%
100 ETC$2,614.49$2,503.04
+4.45%
500 ETC$13,072.44$12,515.21
+4.45%
1000 ETC$26,144.88$25,030.42
+4.45%

Today vs. 1 month ago

Amount16:29 today1 month ago1M change
0.5 ETC$13.07$14.49
-9.80%
1 ETC$26.14$28.99
-9.80%
5 ETC$130.72$144.93
-9.80%
10 ETC$261.45$289.85
-9.80%
50 ETC$1,307.24$1,449.27
-9.80%
100 ETC$2,614.49$2,898.54
-9.80%
500 ETC$13,072.44$14,492.72
-9.80%
1000 ETC$26,144.88$28,985.45
-9.80%

Today vs. 1 year ago

Amount16:29 today1 year ago1Y change
0.5 ETC$13.07$10.31
+26.86%
1 ETC$26.14$20.61
+26.86%
5 ETC$130.72$103.05
+26.86%
10 ETC$261.45$206.1
+26.86%
50 ETC$1,307.24$1,030.51
+26.86%
100 ETC$2,614.49$2,061.03
+26.86%
500 ETC$13,072.44$10,305.13
+26.86%
1000 ETC$26,144.88$20,610.27
+26.86%

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.