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Toncoin to Qatari Rial Converter and calculator

Convert 1Toncoin (TON) to Qatari Rial (QAR) equals ر.ق 22.54 | 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 Toncoin(TON) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 TON at a value of 1 TON for 22.54 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 Toncoin currency pair is the TON to QAR, with for Toncoin's currency code being TON. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

TON to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Toncoin has changed -0.11% to QAR. Based on the trend and price charts, Toncoin(TON) has changed -0.11% to QAR while Qatari Rial(QAR) has changed % to TON in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق22.45
0.0001% / 0.0004%vip-iconVIP
OKX
ر.ق22.36
0.080% / 0.100%
Yes
Huobi
ر.ق22.35
0.1000% / 0.1000%
Yes
Gate.io
ر.ق22.37
0.1000% / 0.1000%
Yes
Bybit
ر.ق22.35
0.1000% / 0.1000%
Yes
KuCoin
ر.ق22.37
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق22.33
0.1000% / 0.1000%
Yes
Last updated 2024/04/22 00:00:32(UTC+0)

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

Toncoin to Qatari Rial is falling this week.
Toncoin's current market price is ر.ق 22.54 per TON, with a total market cap of ر.ق 78,239,994,390.04 QAR based on a circulating supply of 3,471,227,600 TON. The trading volume of Toncoin has changed by -29.63% (ر.ق -326,262,860.73 QAR) in the last 24 hours. Last trading day, TON's trading volume was ر.ق 1,101,011,914.86.
Market cap
$21.49B
24h volume
$212.81M
Circulating supply
3.47B TON

Conversion tables

The exchange rate of Toncoin is increasing.
1 TON is currently valued at ر.ق 22.54 QAR , which means buying 5 TON will cost ر.ق 112.7 QAR . Similarly, ر.ق1 QAR can be traded for 0.04437 TON, and ر.ق50 QAR can be converted to 2.22 TON, excluding any platform or gas fees.
The exchange rate of 1 TON to Qatari Rial has changed by -8.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.11%, reaching a high of 22.92 QAR and a low of 21.88 QAR . One month ago, the value of 1 TON was ر.ق 16.41 QAR , which represents a +37.33% change from its current value. Over the last year, Toncoin has changed by
+ر.ق
3.25QAR
, resulting in a change of +169.36% in its value.

TON to QAR

Amount
00:58 am today
0.5 TON
ر.ق11.27
1 TON
ر.ق22.54
5 TON
ر.ق112.7
10 TON
ر.ق225.4
50 TON
ر.ق1,126.98
100 TON
ر.ق2,253.96
500 TON
ر.ق11,269.79
1000 TON
ر.ق22,539.57

QAR to TON

Amount00:58 am today
0.5QAR0.02218  TON
1QAR0.04437  TON
5QAR0.2218  TON
10QAR0.4437  TON
50QAR2.22  TON
100QAR4.44  TON
500QAR22.18  TON
1000QAR44.37  TON
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Today vs. 24 hours ago

Amount00:58 am today24 hours ago24h change
0.5 TON$3.1$3.1
-0.11%
1 TON$6.19$6.2
-0.11%
5 TON$30.96$30.99
-0.11%
10 TON$61.91$61.98
-0.11%
50 TON$309.57$309.92
-0.11%
100 TON$619.13$619.85
-0.11%
500 TON$3,095.67$3,099.23
-0.11%
1000 TON$6,191.34$6,198.45
-0.11%

Today vs. 1 month ago

Amount00:58 am today1 month ago1M change
0.5 TON$3.1$2.25
+37.33%
1 TON$6.19$4.51
+37.33%
5 TON$30.96$22.54
+37.33%
10 TON$61.91$45.08
+37.33%
50 TON$309.57$225.41
+37.33%
100 TON$619.13$450.83
+37.33%
500 TON$3,095.67$2,254.13
+37.33%
1000 TON$6,191.34$4,508.27
+37.33%

Today vs. 1 year ago

Amount00:58 am today1 year ago1Y change
0.5 TON$3.1$1.15
+169.36%
1 TON$6.19$2.3
+169.36%
5 TON$30.96$11.49
+169.36%
10 TON$61.91$22.98
+169.36%
50 TON$309.57$114.92
+169.36%
100 TON$619.13$229.85
+169.36%
500 TON$3,095.67$1,149.23
+169.36%
1000 TON$6,191.34$2,298.45
+169.36%

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.