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Retik Finance to Qatari Rial Converter and calculator

Convert 1Retik Finance (RETIK) to Qatari Rial (QAR) equals ر.ق 0.2895 | 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 Retik Finance(RETIK) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 RETIK at a value of 1 RETIK for 0.29 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 Retik Finance currency pair is the RETIK to QAR, with for Retik Finance's currency code being RETIK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

RETIK to QAR conversion rate trend

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In the past 1D, Retik Finance has changed +2.69% to QAR. Based on the trend and price charts, Retik Finance(RETIK) has changed +2.69% to QAR while Qatari Rial(QAR) has changed % to RETIK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق0.2895
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/06/22 20:17:21(UTC+0)

How to buy Retik Finance

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Retik Finance (RETIK)
Use a variety of payment options to buy Retik Finance on Bitget. We'll show you how.

Buy RETIK (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading does not currently support direct buying of RETIK with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy RETIK with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Sell RETIK (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading currently does not support direct selling of RETIK to QAR. However, you can first exchange RETIK for USDT in the Bitget spot market, and then sell USDT to QAR in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
A
AYMAN TAWFIKVerified Merchant
2 tradesCompletion rate 40.00%
3.6 QAR
Amount1000 USDT
Limit50 - 3600 QAR
Qatar National Bank QNBQatar Islamic Bank QIB
Sell
M
Mujtaba Trading 1xVerified Merchant
0 tradesCompletion rate 0.00%
3.45 QAR
Amount5000 USDT
Limit2500 - 17250 QAR
Bank Transfer
Sell
T
The Zee_Ex. Co.Verified Merchant
4 tradesCompletion rate 100.00%
3.4 QAR
Amount5000 USDT
Limit300 - 16900 QAR
Bank TransferQatar National Bank QNBMPay
Sell
Q
QATARCRYPTO974Verified Merchant
1 tradesCompletion rate 100.00%
3.35 QAR
Amount9831.53 USDT
Limit200 - 10000 QAR
Bank TransferQatar National Bank QNBQatar Islamic Bank QIBQatar International Islamic Bank QIIBDoha BankMPay
Sell
W
WORLD_PROVerified Merchant
35 tradesCompletion rate 90.00%
3.3 QAR
Amount879.24 USDT
Limit100 - 3150 QAR
Bank TransferQatar National Bank QNBQatar Islamic Bank QIB
Sell

What factors influence the conversion rate of Retik Finance to Qatari Rial?

Retik Finance to Qatari Rial is falling this week.
Retik Finance's current market price is ر.ق 0.2895 per RETIK, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- RETIK. The trading volume of Retik Finance has changed by -18.36% (ر.ق -1,764,635.21 QAR) in the last 24 hours. Last trading day, RETIK's trading volume was ر.ق 9,608,790.8.
Market cap
$0
24h volume
$2.16M
Circulating supply
0 RETIK

Conversion tables

The exchange rate of Retik Finance is decreasing.
1 RETIK is currently valued at ر.ق 0.2895 QAR , which means buying 5 RETIK will cost ر.ق 1.45 QAR . Similarly, ر.ق1 QAR can be traded for 3.45 RETIK, and ر.ق50 QAR can be converted to 172.74 RETIK, excluding any platform or gas fees.
The exchange rate of 1 RETIK to Qatari Rial has changed by -13.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.69%, reaching a high of 0.3195 QAR and a low of 0.2774 QAR . One month ago, the value of 1 RETIK was ر.ق 4.66 QAR , which represents a -93.78% change from its current value. Over the last year, Retik Finance has changed by
+ر.ق
0.2903QAR
, resulting in a change of --% in its value.

RETIK to QAR

Amount
20:17 today
0.5 RETIK
ر.ق0.1447
1 RETIK
ر.ق0.2895
5 RETIK
ر.ق1.45
10 RETIK
ر.ق2.89
50 RETIK
ر.ق14.47
100 RETIK
ر.ق28.95
500 RETIK
ر.ق144.73
1000 RETIK
ر.ق289.46

QAR to RETIK

Amount20:17 today
0.5QAR1.73  RETIK
1QAR3.45  RETIK
5QAR17.27  RETIK
10QAR34.55  RETIK
50QAR172.74  RETIK
100QAR345.48  RETIK
500QAR1,727.38  RETIK
1000QAR3,454.76  RETIK
Buy Retik Finance for 1 QAR
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Today vs. 24 hours ago

Amount20:17 today24 hours ago24h change
0.5 RETIK$0.03977$0.03872
+2.69%
1 RETIK$0.07953$0.07744
+2.69%
5 RETIK$0.3977$0.3872
+2.69%
10 RETIK$0.7953$0.7744
+2.69%
50 RETIK$3.98$3.87
+2.69%
100 RETIK$7.95$7.74
+2.69%
500 RETIK$39.77$38.72
+2.69%
1000 RETIK$79.53$77.44
+2.69%

Today vs. 1 month ago

Amount20:17 today1 month ago1M change
0.5 RETIK$0.03977$0.6407
-93.78%
1 RETIK$0.07953$1.28
-93.78%
5 RETIK$0.3977$6.41
-93.78%
10 RETIK$0.7953$12.81
-93.78%
50 RETIK$3.98$64.07
-93.78%
100 RETIK$7.95$128.14
-93.78%
500 RETIK$39.77$640.7
-93.78%
1000 RETIK$79.53$1,281.4
-93.78%
Buy Retik Finance for 1 QAR
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Today vs. 1 year ago

Amount20:17 today1 year ago1Y change
0.5 RETIK$0.03977$-0.0001200
--
1 RETIK$0.07953$-0.0002401
--
5 RETIK$0.3977$-0.001200
--
10 RETIK$0.7953$-0.002401
--
50 RETIK$3.98$-0.01200
--
100 RETIK$7.95$-0.02401
--
500 RETIK$39.77$-0.1200
--
1000 RETIK$79.53$-0.2401
--

Retik Finance price prediction

What will the price of RETIK be in 2025?

Based on RETIK's historical price performance prediction model, the price of RETIK is projected to reach -- in 2025.

What will the price of RETIK be in 2030?

In 2030, the RETIK price is expected to rise by -9.00%. By the end of 2030, the RETIK price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Retik Finance for 1 QAR
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Buy Retik Finance for 1 QAR
A welcome pack worth 1000 USDT for new Bitgetters!
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Buy Retik Finance for 1 QAR
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Retik Finance now

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FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Retik Finance and QAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Retik Finance and QAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Retik Finance in QAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Retik Finance for 1 QAR

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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.