SΞR to QAR Converter and calculator

Conversion rates
Convert SΞR to QAR
Convert QAR to SΞR
SΞR to QAR chart
SΞR to QAR conversion data: Volatility and price changes of Strategic ETH Reserve in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.8335 QAR | -- QAR | -- QAR | -- QAR |
Low | 0.08489 QAR | -- QAR | -- QAR | -- QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | +8.37% | -- | -- | -- |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Strategic ETH Reserve information
SΞR to QAR market statistics
Current SΞR to QAR exchange rate
Strategic ETH Reserve to Qatari Rial is falling this week.More info about Strategic ETH Reserve 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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SΞR to QAR Conversion tables
Amount | 21:46 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 SΞR | ر.ق0.3977 | ر.ق-- | +8.37% |
1 SΞR | ر.ق0.7954 | ر.ق-- | +8.37% |
5 SΞR | ر.ق3.98 | ر.ق-- | +8.37% |
10 SΞR | ر.ق7.95 | ر.ق-- | +8.37% |
50 SΞR | ر.ق39.77 | ر.ق-- | +8.37% |
100 SΞR | ر.ق79.54 | ر.ق-- | +8.37% |
500 SΞR | ر.ق397.69 | ر.ق-- | +8.37% |
1000 SΞR | ر.ق795.37 | ر.ق-- | +8.37% |
SΞR to QAR FAQ
What factors influence the conversion rate of SΞR to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Strategic ETH Reserve in the US is $0.2185 USD. Additionally, Strategic ETH Reserve’s price is €0.1861 EUR in the eurozone, £0.1610 GBP in the UK, C$0.3024 CAD in Canada, ₹19.29 INR in India, ₨61.51 PKR in Pakistan, R$1.17 BRL in Brazil, and more.
The most popular Strategic ETH Reserve currency pair is the SΞR to Qatari Rial(QAR). The price of 1 Strategic ETH Reserve (SΞR) in Qatari Rial (QAR) is ر.ق0.7954.
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