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base info The Graph

The Graph to Qatari Rial Converter and calculator

Convert 1The Graph (GRT) to Qatari Rial (QAR) equals ر.ق 0.8683 | 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular The Graph currency pair is the GRT to QAR, with for The Graph's currency code being GRT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

GRT to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, The Graph has changed -10.22% to QAR. Based on the trend and price charts, The Graph(GRT) has changed -10.22% to QAR while Qatari Rial(QAR) has changed % to GRT in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق0.8694
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق0.8687
0.1000% / 0.1000%
Yes
OKX
ر.ق0.8683
0.080% / 0.100%
Yes
Huobi
ر.ق0.8691
0.1000% / 0.1000%
Yes
Gate.io
ر.ق0.8863
0.1000% / 0.1000%
Yes
Bybit
ر.ق0.8683
0.1000% / 0.1000%
Yes
KuCoin
ر.ق0.8687
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق0.8682
0.1000% / 0.1000%
Yes
Last updated 2024/04/14 14:00:51(UTC+0)

What factors influence the conversion rate of The Graph to Qatari Rial?

The Graph to Qatari Rial is falling this week.
The Graph's current market price is ر.ق 0.8683 per GRT, with a total market cap of ر.ق 8,211,655,456.09 QAR based on a circulating supply of 9,457,122,000 GRT. The trading volume of The Graph has changed by +18.75% (ر.ق 139,834,385.5 QAR) in the last 24 hours. Last trading day, GRT's trading volume was ر.ق 745,982,317.97.
Market cap
$2.26B
24h volume
$243.50M
Circulating supply
9.46B GRT

Conversion tables

The exchange rate of The Graph is decreasing.
1 GRT is currently valued at ر.ق 0.8683 QAR , which means buying 5 GRT will cost ر.ق 4.34 QAR . Similarly, ر.ق1 QAR can be traded for 1.15 GRT, and ر.ق50 QAR can be converted to 57.58 GRT, excluding any platform or gas fees.
The exchange rate of 1 GRT to Qatari Rial has changed by -29.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -10.22%, reaching a high of 0.9857 QAR and a low of 0.7407 QAR . One month ago, the value of 1 GRT was ر.ق 1.44 QAR , which represents a -39.86% change from its current value. Over the last year, The Graph has changed by
+ر.ق
0.2499QAR
, resulting in a change of +40.37% in its value.

GRT to QAR

Amount
14:41 today
0.5 GRT
ر.ق0.4342
1 GRT
ر.ق0.8683
5 GRT
ر.ق4.34
10 GRT
ر.ق8.68
50 GRT
ر.ق43.42
100 GRT
ر.ق86.83
500 GRT
ر.ق434.15
1000 GRT
ر.ق868.3

QAR to GRT

Amount14:41 today
0.5QAR0.5758  GRT
1QAR1.15  GRT
5QAR5.76  GRT
10QAR11.52  GRT
50QAR57.58  GRT
100QAR115.17  GRT
500QAR575.84  GRT
1000QAR1,151.67  GRT
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Today vs. 24 hours ago

Amount14:41 today24 hours ago24h change
0.5 GRT$0.1193$0.1329
-10.22%
1 GRT$0.2387$0.2659
-10.22%
5 GRT$1.19$1.33
-10.22%
10 GRT$2.39$2.66
-10.22%
50 GRT$11.93$13.29
-10.22%
100 GRT$23.87$26.59
-10.22%
500 GRT$119.34$132.95
-10.22%
1000 GRT$238.69$265.89
-10.22%

Today vs. 1 month ago

Amount14:41 today1 month ago1M change
0.5 GRT$0.1193$0.1985
-39.86%
1 GRT$0.2387$0.3970
-39.86%
5 GRT$1.19$1.99
-39.86%
10 GRT$2.39$3.97
-39.86%
50 GRT$11.93$19.85
-39.86%
100 GRT$23.87$39.7
-39.86%
500 GRT$119.34$198.51
-39.86%
1000 GRT$238.69$397.03
-39.86%

Today vs. 1 year ago

Amount14:41 today1 year ago1Y change
0.5 GRT$0.1193$0.08499
+40.37%
1 GRT$0.2387$0.1700
+40.37%
5 GRT$1.19$0.8499
+40.37%
10 GRT$2.39$1.7
+40.37%
50 GRT$11.93$8.5
+40.37%
100 GRT$23.87$17
+40.37%
500 GRT$119.34$84.99
+40.37%
1000 GRT$238.69$169.98
+40.37%

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.