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Shiba Inu to Qatari Rial Converter and calculator

Convert 1Shiba Inu (SHIB) to Qatari Rial (QAR) equals ر.ق 0.{4}8021 | 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 Shiba Inu currency pair is the SHIB to QAR, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

SHIB to QAR conversion rate trend

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In the past 1D, Shiba Inu has changed -8.93% to QAR. Based on the trend and price charts, Shiba Inu(SHIB) has changed -8.93% to QAR while Qatari Rial(QAR) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق0.{4}7876
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق0.{4}7890
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.ق0.{4}7894
0.1000% / 0.1000%
Yes
Kraken
ر.ق0.{4}7894
0.1000% / 0.1000%
Yes
OKX
ر.ق0.{4}7883
0.080% / 0.100%
Yes
Huobi
ر.ق0.{4}7879
0.1000% / 0.1000%
Yes
Gate.io
ر.ق0.{4}7887
0.1000% / 0.1000%
Yes
Bybit
ر.ق0.{4}7887
0.1000% / 0.1000%
Yes
KuCoin
ر.ق0.{4}7876
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق0.{4}7905
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 16:00:35(UTC+0)

What factors influence the conversion rate of Shiba Inu to Qatari Rial?

Shiba Inu to Qatari Rial is falling this week.
Shiba Inu's current market price is ر.ق 0.{4}8021 per SHIB, with a total market cap of ر.ق 47,264,322,186.43 QAR based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -19.10% (ر.ق -1,602,692,364.74 QAR) in the last 24 hours. Last trading day, SHIB's trading volume was ر.ق 8,392,421,622.05.
Market cap
$12.99B
24h volume
$1.87B
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at ر.ق 0.{4}8021 QAR , which means buying 5 SHIB will cost ر.ق 0.0004010 QAR . Similarly, ر.ق1 QAR can be traded for 12,467.95 SHIB, and ر.ق50 QAR can be converted to 623,397.73 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Qatari Rial has changed by -23.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by -8.93%, reaching a high of 0.{4}8744 QAR and a low of 0.{4}6740 QAR . One month ago, the value of 1 SHIB was ر.ق 0.0001058 QAR , which represents a -24.20% change from its current value. Over the last year, Shiba Inu has changed by
+ر.ق
0.{4}3899QAR
, resulting in a change of +94.80% in its value.

SHIB to QAR

Amount
16:50 today
0.5 SHIB
ر.ق0.{4}4010
1 SHIB
ر.ق0.{4}8021
5 SHIB
ر.ق0.0004010
10 SHIB
ر.ق0.0008021
50 SHIB
ر.ق0.004010
100 SHIB
ر.ق0.008021
500 SHIB
ر.ق0.04010
1000 SHIB
ر.ق0.08021

QAR to SHIB

Amount16:50 today
0.5QAR6,233.98  SHIB
1QAR12,467.95  SHIB
5QAR62,339.77  SHIB
10QAR124,679.55  SHIB
50QAR623,397.73  SHIB
100QAR1,246,795.46  SHIB
500QAR6,233,977.29  SHIB
1000QAR12,467,954.58  SHIB
share

Today vs. 24 hours ago

Amount16:50 today24 hours ago24h change
0.5 SHIB$0.{4}1102$0.{4}1210
-8.93%
1 SHIB$0.{4}2205$0.{4}2421
-8.93%
5 SHIB$0.0001102$0.0001210
-8.93%
10 SHIB$0.0002205$0.0002421
-8.93%
50 SHIB$0.001102$0.001210
-8.93%
100 SHIB$0.002205$0.002421
-8.93%
500 SHIB$0.01102$0.01210
-8.93%
1000 SHIB$0.02205$0.02421
-8.93%

Today vs. 1 month ago

Amount16:50 today1 month ago1M change
0.5 SHIB$0.{4}1102$0.{4}1454
-24.20%
1 SHIB$0.{4}2205$0.{4}2908
-24.20%
5 SHIB$0.0001102$0.0001454
-24.20%
10 SHIB$0.0002205$0.0002908
-24.20%
50 SHIB$0.001102$0.001454
-24.20%
100 SHIB$0.002205$0.002908
-24.20%
500 SHIB$0.01102$0.01454
-24.20%
1000 SHIB$0.02205$0.02908
-24.20%

Today vs. 1 year ago

Amount16:50 today1 year ago1Y change
0.5 SHIB$0.{4}1102$0.{5}5665
+94.80%
1 SHIB$0.{4}2205$0.{4}1133
+94.80%
5 SHIB$0.0001102$0.{4}5665
+94.80%
10 SHIB$0.0002205$0.0001133
+94.80%
50 SHIB$0.001102$0.0005665
+94.80%
100 SHIB$0.002205$0.001133
+94.80%
500 SHIB$0.01102$0.005665
+94.80%
1000 SHIB$0.02205$0.01133
+94.80%

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.