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base info Hedera

Hedera to Qatari Rial Converter and calculator

Convert 1Hedera (HBAR) to Qatari Rial (QAR) equals ر.ق 0.2929 | 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 Hedera currency pair is the HBAR to QAR, with for Hedera's currency code being HBAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

HBAR to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Hedera has changed +1.06% to QAR. Based on the trend and price charts, Hedera(HBAR) has changed +1.06% to QAR while Qatari Rial(QAR) has changed % to HBAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق0.2929
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق0.2934
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.ق0.2931
0.1000% / 0.1000%
Yes
OKX
ر.ق0.2934
0.080% / 0.100%
Yes
Huobi
ر.ق0.2935
0.1000% / 0.1000%
Yes
Gate.io
ر.ق0.2931
0.1000% / 0.1000%
Yes
Bybit
ر.ق0.2930
0.1000% / 0.1000%
Yes
KuCoin
ر.ق0.2931
0.1000% / 0.1000%
Yes
Last updated 2024/04/18 18:00:31(UTC+0)

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

Hedera to Qatari Rial is falling this week.
Hedera's current market price is ر.ق 0.2929 per HBAR, with a total market cap of ر.ق 10,469,323,443.86 QAR based on a circulating supply of 35,741,577,000 HBAR. The trading volume of Hedera has changed by +6.22% (ر.ق 10,653,266.2 QAR) in the last 24 hours. Last trading day, HBAR's trading volume was ر.ق 171,244,091.94.
Market cap
$2.88B
24h volume
$49.96M
Circulating supply
35.74B HBAR

Conversion tables

The exchange rate of Hedera is decreasing.
1 HBAR is currently valued at ر.ق 0.2929 QAR , which means buying 5 HBAR will cost ر.ق 1.46 QAR . Similarly, ر.ق1 QAR can be traded for 3.41 HBAR, and ر.ق50 QAR can be converted to 170.7 HBAR, excluding any platform or gas fees.
The exchange rate of 1 HBAR to Qatari Rial has changed by -19.18% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.06%, reaching a high of 0.3009 QAR and a low of 0.2789 QAR . One month ago, the value of 1 HBAR was ر.ق 0.3836 QAR , which represents a -23.65% change from its current value. Over the last year, Hedera has changed by
+ر.ق
0.06341QAR
, resulting in a change of +27.63% in its value.

HBAR to QAR

Amount
18:12 today
0.5 HBAR
ر.ق0.1465
1 HBAR
ر.ق0.2929
5 HBAR
ر.ق1.46
10 HBAR
ر.ق2.93
50 HBAR
ر.ق14.65
100 HBAR
ر.ق29.29
500 HBAR
ر.ق146.46
1000 HBAR
ر.ق292.92

QAR to HBAR

Amount18:12 today
0.5QAR1.71  HBAR
1QAR3.41  HBAR
5QAR17.07  HBAR
10QAR34.14  HBAR
50QAR170.7  HBAR
100QAR341.39  HBAR
500QAR1,706.97  HBAR
1000QAR3,413.93  HBAR
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Today vs. 24 hours ago

Amount18:12 today24 hours ago24h change
0.5 HBAR$0.04023$0.03981
+1.06%
1 HBAR$0.08046$0.07961
+1.06%
5 HBAR$0.4023$0.3981
+1.06%
10 HBAR$0.8046$0.7961
+1.06%
50 HBAR$4.02$3.98
+1.06%
100 HBAR$8.05$7.96
+1.06%
500 HBAR$40.23$39.81
+1.06%
1000 HBAR$80.46$79.61
+1.06%

Today vs. 1 month ago

Amount18:12 today1 month ago1M change
0.5 HBAR$0.04023$0.05269
-23.65%
1 HBAR$0.08046$0.1054
-23.65%
5 HBAR$0.4023$0.5269
-23.65%
10 HBAR$0.8046$1.05
-23.65%
50 HBAR$4.02$5.27
-23.65%
100 HBAR$8.05$10.54
-23.65%
500 HBAR$40.23$52.69
-23.65%
1000 HBAR$80.46$105.38
-23.65%

Today vs. 1 year ago

Amount18:12 today1 year ago1Y change
0.5 HBAR$0.04023$0.03152
+27.63%
1 HBAR$0.08046$0.06304
+27.63%
5 HBAR$0.4023$0.3152
+27.63%
10 HBAR$0.8046$0.6304
+27.63%
50 HBAR$4.02$3.15
+27.63%
100 HBAR$8.05$6.3
+27.63%
500 HBAR$40.23$31.52
+27.63%
1000 HBAR$80.46$63.04
+27.63%

FAQ

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