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base info Solana

Solana to Qatari Rial Converter and calculator

Convert 1Solana (SOL) to Qatari Rial (QAR) equals ر.ق 547.39 | 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 Solana currency pair is the SOL to QAR, with for Solana's currency code being SOL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

SOL to QAR conversion rate trend

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In the past 1D, Solana has changed +6.10% to QAR. Based on the trend and price charts, Solana(SOL) has changed +6.10% to QAR while Qatari Rial(QAR) has changed % to SOL in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق512.73
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق512.64
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.ق512.49
0.1000% / 0.1000%
Yes
Kraken
ر.ق512.17
0.1000% / 0.1000%
Yes
OKX
ر.ق512.57
0.080% / 0.100%
Yes
Huobi
ر.ق511.77
0.1000% / 0.1000%
Yes
Gate.io
ر.ق512.57
0.1000% / 0.1000%
Yes
Bybit
ر.ق512.6
0.1000% / 0.1000%
Yes
KuCoin
ر.ق512.55
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق513.58
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 22:00:38(UTC+0)

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

Solana to Qatari Rial is falling this week.
Solana's current market price is ر.ق 547.39 per SOL, with a total market cap of ر.ق 244,446,733,401.8 QAR based on a circulating supply of 446,570,880 SOL. The trading volume of Solana has changed by -13.15% (ر.ق -4,077,774,001.67 QAR) in the last 24 hours. Last trading day, SOL's trading volume was ر.ق 31,002,379,679.86.
Market cap
$67.20B
24h volume
$7.40B
Circulating supply
446.57M SOL

Conversion tables

The exchange rate of Solana is decreasing.
1 SOL is currently valued at ر.ق 547.39 QAR , which means buying 5 SOL will cost ر.ق 2,736.93 QAR . Similarly, ر.ق1 QAR can be traded for 0.001827 SOL, and ر.ق50 QAR can be converted to 0.09134 SOL, excluding any platform or gas fees.
The exchange rate of 1 SOL to Qatari Rial has changed by -15.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.10%, reaching a high of 547.48 QAR and a low of 477.6 QAR . One month ago, the value of 1 SOL was ر.ق 665.27 QAR , which represents a -17.71% change from its current value. Over the last year, Solana has changed by
+ر.ق
96.2QAR
, resulting in a change of +524.06% in its value.

SOL to QAR

Amount
22:58 today
0.5 SOL
ر.ق273.69
1 SOL
ر.ق547.39
5 SOL
ر.ق2,736.93
10 SOL
ر.ق5,473.86
50 SOL
ر.ق27,369.31
100 SOL
ر.ق54,738.62
500 SOL
ر.ق273,693.1
1000 SOL
ر.ق547,386.2

QAR to SOL

Amount22:58 today
0.5QAR0.0009134  SOL
1QAR0.001827  SOL
5QAR0.009134  SOL
10QAR0.01827  SOL
50QAR0.09134  SOL
100QAR0.1827  SOL
500QAR0.9134  SOL
1000QAR1.83  SOL
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Today vs. 24 hours ago

Amount22:58 today24 hours ago24h change
0.5 SOL$75.24$70.91
+6.10%
1 SOL$150.47$141.81
+6.10%
5 SOL$752.36$709.06
+6.10%
10 SOL$1,504.72$1,418.12
+6.10%
50 SOL$7,523.59$7,090.58
+6.10%
100 SOL$15,047.18$14,181.17
+6.10%
500 SOL$75,235.88$70,905.84
+6.10%
1000 SOL$150,471.77$141,811.68
+6.10%

Today vs. 1 month ago

Amount22:58 today1 month ago1M change
0.5 SOL$75.24$91.44
-17.71%
1 SOL$150.47$182.88
-17.71%
5 SOL$752.36$914.38
-17.71%
10 SOL$1,504.72$1,828.76
-17.71%
50 SOL$7,523.59$9,143.82
-17.71%
100 SOL$15,047.18$18,287.65
-17.71%
500 SOL$75,235.88$91,438.23
-17.71%
1000 SOL$150,471.77$182,876.46
-17.71%

Today vs. 1 year ago

Amount22:58 today1 year ago1Y change
0.5 SOL$75.24$12.01
+524.06%
1 SOL$150.47$24.03
+524.06%
5 SOL$752.36$120.13
+524.06%
10 SOL$1,504.72$240.26
+524.06%
50 SOL$7,523.59$1,201.31
+524.06%
100 SOL$15,047.18$2,402.63
+524.06%
500 SOL$75,235.88$12,013.14
+524.06%
1000 SOL$150,471.77$24,026.28
+524.06%

FAQ

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