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base info Polkadot

Polkadot to Qatari Rial Converter and calculator

Convert 1Polkadot (DOT) to Qatari Rial (QAR) equals ر.ق 26.55 | 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 Polkadot(DOT) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 DOT at a value of 1 DOT for 26.55 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 Polkadot currency pair is the DOT to QAR, with for Polkadot's currency code being DOT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

DOT to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Polkadot has changed -3.09% to QAR. Based on the trend and price charts, Polkadot(DOT) has changed -3.09% to QAR while Qatari Rial(QAR) has changed % to DOT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق26.69
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق26.68
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.ق26.69
0.1000% / 0.1000%
Yes
Kraken
ر.ق26.69
0.1000% / 0.1000%
Yes
OKX
ر.ق26.68
0.080% / 0.100%
Yes
Huobi
ر.ق26.69
0.1000% / 0.1000%
Yes
Gate.io
ر.ق26.68
0.1000% / 0.1000%
Yes
Bybit
ر.ق26.69
0.1000% / 0.1000%
Yes
KuCoin
ر.ق26.68
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق26.68
0.1000% / 0.1000%
Yes
Last updated 2024/04/23 21:00:32(UTC+0)

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

Polkadot to Qatari Rial is rising this week.
Polkadot's current market price is ر.ق 26.55 per DOT, with a total market cap of ر.ق 38,147,282,330.07 QAR based on a circulating supply of 1,436,757,200 DOT. The trading volume of Polkadot has changed by -7.67% (ر.ق -60,708,627.56 QAR) in the last 24 hours. Last trading day, DOT's trading volume was ر.ق 791,590,094.92.
Market cap
$10.48B
24h volume
$200.74M
Circulating supply
1.44B DOT

Conversion tables

The exchange rate of Polkadot is decreasing.
1 DOT is currently valued at ر.ق 26.55 QAR , which means buying 5 DOT will cost ر.ق 132.75 QAR . Similarly, ر.ق1 QAR can be traded for 0.03766 DOT, and ر.ق50 QAR can be converted to 1.88 DOT, excluding any platform or gas fees.
The exchange rate of 1 DOT to Qatari Rial has changed by +8.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.09%, reaching a high of 27.51 QAR and a low of 26.55 QAR . One month ago, the value of 1 DOT was ر.ق 33.93 QAR , which represents a -21.76% change from its current value. Over the last year, Polkadot has changed by
+ر.ق
1.44QAR
, resulting in a change of +23.67% in its value.

DOT to QAR

Amount
21:49 today
0.5 DOT
ر.ق13.28
1 DOT
ر.ق26.55
5 DOT
ر.ق132.75
10 DOT
ر.ق265.51
50 DOT
ر.ق1,327.55
100 DOT
ر.ق2,655.1
500 DOT
ر.ق13,275.48
1000 DOT
ر.ق26,550.96

QAR to DOT

Amount21:49 today
0.5QAR0.01883  DOT
1QAR0.03766  DOT
5QAR0.1883  DOT
10QAR0.3766  DOT
50QAR1.88  DOT
100QAR3.77  DOT
500QAR18.83  DOT
1000QAR37.66  DOT
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Today vs. 24 hours ago

Amount21:49 today24 hours ago24h change
0.5 DOT$3.65$3.76
-3.09%
1 DOT$7.29$7.53
-3.09%
5 DOT$36.46$37.63
-3.09%
10 DOT$72.92$75.25
-3.09%
50 DOT$364.62$376.25
-3.09%
100 DOT$729.24$752.5
-3.09%
500 DOT$3,646.21$3,762.51
-3.09%
1000 DOT$7,292.42$7,525.01
-3.09%

Today vs. 1 month ago

Amount21:49 today1 month ago1M change
0.5 DOT$3.65$4.66
-21.76%
1 DOT$7.29$9.32
-21.76%
5 DOT$36.46$46.6
-21.76%
10 DOT$72.92$93.2
-21.76%
50 DOT$364.62$466
-21.76%
100 DOT$729.24$932
-21.76%
500 DOT$3,646.21$4,660.01
-21.76%
1000 DOT$7,292.42$9,320.02
-21.76%

Today vs. 1 year ago

Amount21:49 today1 year ago1Y change
0.5 DOT$3.65$2.95
+23.67%
1 DOT$7.29$5.9
+23.67%
5 DOT$36.46$29.48
+23.67%
10 DOT$72.92$58.97
+23.67%
50 DOT$364.62$294.83
+23.67%
100 DOT$729.24$589.66
+23.67%
500 DOT$3,646.21$2,948.28
+23.67%
1000 DOT$7,292.42$5,896.57
+23.67%

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.