GROGGO to QAR Converter and calculator


Conversion rates
Convert GROGGO to QAR
Convert QAR to GROGGO
GROGGO to QAR chart
GROGGO to QAR conversion data: Volatility and price changes of Groggo By Matt Furie in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.001623 QAR | 0.002098 QAR | 0.003175 QAR | 0.003282 QAR |
Low | 0.001605 QAR | 0.001599 QAR | 0.001599 QAR | 0.001599 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -1.02% | -22.58% | -11.15% | -32.55% |
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Groggo By Matt Furie information
GROGGO to QAR market statistics
Current GROGGO to QAR exchange rate
Groggo By Matt Furie to Qatari Rial is falling this week.More info about Groggo By Matt Furie on Bitget
Qatari Rial 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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GROGGO to QAR Conversion tables
Amount | 07:59 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GROGGO | ر.ق0.0008027 | ر.ق0.0008110 | -1.02% |
1 GROGGO | ر.ق0.001605 | ر.ق0.001622 | -1.02% |
5 GROGGO | ر.ق0.008027 | ر.ق0.008110 | -1.02% |
10 GROGGO | ر.ق0.01605 | ر.ق0.01622 | -1.02% |
50 GROGGO | ر.ق0.08027 | ر.ق0.08110 | -1.02% |
100 GROGGO | ر.ق0.1605 | ر.ق0.1622 | -1.02% |
500 GROGGO | ر.ق0.8027 | ر.ق0.8110 | -1.02% |
1000 GROGGO | ر.ق1.61 | ر.ق1.62 | -1.02% |
GROGGO to QAR FAQ
What factors influence the conversion rate of GROGGO to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Groggo By Matt Furie in the US is $0.0004412 USD. Additionally, Groggo By Matt Furie’s price is €0.0003775 EUR in the eurozone, £0.0003267 GBP in the UK, C$0.0006067 CAD in Canada, ₹0.03890 INR in India, ₨0.1250 PKR in Pakistan, R$0.002396 BRL in Brazil, and more.
The most popular Groggo By Matt Furie currency pair is the GROGGO to Qatari Rial(QAR). The price of 1 Groggo By Matt Furie (GROGGO) in Qatari Rial (QAR) is ر.ق0.001605.
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