PROMPT to QAR Converter and calculator


Conversion rates
Convert PROMPT to QAR
Convert QAR to PROMPT
PROMPT to QAR chart
PROMPT to QAR conversion data: Volatility and price changes of Wayfinder in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.5207 QAR | 0.5272 QAR | 0.8478 QAR | 2.26 QAR |
Low | 0.5024 QAR | 0.4208 QAR | 0.4208 QAR | 0.3913 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | +0.79% | +2.17% | -39.07% | +17.45% |
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Wayfinder information
PROMPT to QAR market statistics
Current PROMPT to QAR exchange rate
Wayfinder to Qatari Rial is rising this week.More info about Wayfinder 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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PROMPT to QAR Conversion tables
Amount | 16:14 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 PROMPT | ر.ق0.2898 | ر.ق0.2878 | +0.79% |
1 PROMPT | ر.ق0.5796 | ر.ق0.5755 | +0.79% |
5 PROMPT | ر.ق2.9 | ر.ق2.88 | +0.79% |
10 PROMPT | ر.ق5.8 | ر.ق5.76 | +0.79% |
50 PROMPT | ر.ق28.98 | ر.ق28.78 | +0.79% |
100 PROMPT | ر.ق57.96 | ر.ق57.55 | +0.79% |
500 PROMPT | ر.ق289.78 | ر.ق287.77 | +0.79% |
1000 PROMPT | ر.ق579.56 | ر.ق575.55 | +0.79% |
PROMPT to QAR FAQ
What factors influence the conversion rate of PROMPT to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Wayfinder in the US is $0.1587 USD. Additionally, Wayfinder’s price is €0.1355 EUR in the eurozone, £0.1175 GBP in the UK, C$0.2172 CAD in Canada, ₹13.69 INR in India, ₨45.17 PKR in Pakistan, R$0.8813 BRL in Brazil, and more.
The most popular Wayfinder currency pair is the PROMPT to Qatari Rial(QAR). The price of 1 Wayfinder (PROMPT) in Qatari Rial (QAR) is ر.ق0.5796.
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