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base info NEAR Protocol

NEAR Protocol to Qatari Rial Converter and calculator

Convert 1NEAR Protocol (NEAR) to Qatari Rial (QAR) equals ر.ق 20.78 | 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 NEAR Protocol currency pair is the NEAR to QAR, with for NEAR Protocol's currency code being NEAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

NEAR to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, NEAR Protocol has changed +2.34% to QAR. Based on the trend and price charts, NEAR Protocol(NEAR) has changed +2.34% to QAR while Qatari Rial(QAR) has changed % to NEAR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق20.97
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق20.9
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.ق20.91
0.1000% / 0.1000%
Yes
OKX
ر.ق20.9
0.080% / 0.100%
Yes
Huobi
ر.ق20.9
0.1000% / 0.1000%
Yes
Gate.io
ر.ق20.9
0.1000% / 0.1000%
Yes
Bybit
ر.ق20.95
0.1000% / 0.1000%
Yes
KuCoin
ر.ق20.91
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق20.97
0.1000% / 0.1000%
Yes
Last updated 2024/04/15 09:00:32(UTC+0)

What factors influence the conversion rate of NEAR Protocol to Qatari Rial?

NEAR Protocol to Qatari Rial is falling this week.
NEAR Protocol's current market price is ر.ق 20.78 per NEAR, with a total market cap of ر.ق 22,156,513,843.66 QAR based on a circulating supply of 1,066,123,200 NEAR. The trading volume of NEAR Protocol has changed by -44.21% (ر.ق -2,432,745,788.21 QAR) in the last 24 hours. Last trading day, NEAR's trading volume was ر.ق 5,502,393,640.28.
Market cap
$6.08B
24h volume
$842.04M
Circulating supply
1.07B NEAR

Conversion tables

The exchange rate of NEAR Protocol is decreasing.
1 NEAR is currently valued at ر.ق 20.78 QAR , which means buying 5 NEAR will cost ر.ق 103.91 QAR . Similarly, ر.ق1 QAR can be traded for 0.04812 NEAR, and ر.ق50 QAR can be converted to 2.41 NEAR, excluding any platform or gas fees.
The exchange rate of 1 NEAR to Qatari Rial has changed by -24.17% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.34%, reaching a high of 21.36 QAR and a low of 19.04 QAR . One month ago, the value of 1 NEAR was ر.ق 28.65 QAR , which represents a -27.45% change from its current value. Over the last year, NEAR Protocol has changed by
+ر.ق
1.54QAR
, resulting in a change of +150.08% in its value.

NEAR to QAR

Amount
09:19 am today
0.5 NEAR
ر.ق10.39
1 NEAR
ر.ق20.78
5 NEAR
ر.ق103.91
10 NEAR
ر.ق207.82
50 NEAR
ر.ق1,039.12
100 NEAR
ر.ق2,078.23
500 NEAR
ر.ق10,391.16
1000 NEAR
ر.ق20,782.32

QAR to NEAR

Amount09:19 am today
0.5QAR0.02406  NEAR
1QAR0.04812  NEAR
5QAR0.2406  NEAR
10QAR0.4812  NEAR
50QAR2.41  NEAR
100QAR4.81  NEAR
500QAR24.06  NEAR
1000QAR48.12  NEAR
share

Today vs. 24 hours ago

Amount09:19 am today24 hours ago24h change
0.5 NEAR$2.85$2.79
+2.34%
1 NEAR$5.7$5.57
+2.34%
5 NEAR$28.5$27.85
+2.34%
10 NEAR$57.01$55.7
+2.34%
50 NEAR$285.04$278.52
+2.34%
100 NEAR$570.08$557.03
+2.34%
500 NEAR$2,850.41$2,785.17
+2.34%
1000 NEAR$5,700.81$5,570.35
+2.34%

Today vs. 1 month ago

Amount09:19 am today1 month ago1M change
0.5 NEAR$2.85$3.93
-27.45%
1 NEAR$5.7$7.86
-27.45%
5 NEAR$28.5$39.29
-27.45%
10 NEAR$57.01$78.58
-27.45%
50 NEAR$285.04$392.9
-27.45%
100 NEAR$570.08$785.8
-27.45%
500 NEAR$2,850.41$3,928.99
-27.45%
1000 NEAR$5,700.81$7,857.98
-27.45%

Today vs. 1 year ago

Amount09:19 am today1 year ago1Y change
0.5 NEAR$2.85$1.14
+150.08%
1 NEAR$5.7$2.28
+150.08%
5 NEAR$28.5$11.4
+150.08%
10 NEAR$57.01$22.79
+150.08%
50 NEAR$285.04$113.96
+150.08%
100 NEAR$570.08$227.92
+150.08%
500 NEAR$2,850.41$1,139.6
+150.08%
1000 NEAR$5,700.81$2,279.2
+150.08%

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.