MYRIA to QAR Converter and calculator


Conversion rates
Convert MYRIA to QAR
Convert QAR to MYRIA
MYRIA to QAR chart
MYRIA to QAR conversion data: Volatility and price changes of Myria in QAR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.001697 QAR | 0.001796 QAR | 0.002901 QAR | 0.004411 QAR |
Low | 0.001573 QAR | 0.001468 QAR | 0.001468 QAR | 0.001468 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | +4.72% | -6.47% | -29.73% | -55.98% |
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Myria information
MYRIA to QAR market statistics
Current MYRIA to QAR exchange rate
Myria to Qatari Rial is falling this week.More info about Myria 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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MYRIA to QAR Conversion tables
| Amount | 06:45 am today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 MYRIA | ر.ق0.0008393 | ر.ق0.0008012 | +4.72% |
1 MYRIA | ر.ق0.001679 | ر.ق0.001602 | +4.72% |
5 MYRIA | ر.ق0.008393 | ر.ق0.008012 | +4.72% |
10 MYRIA | ر.ق0.01679 | ر.ق0.01602 | +4.72% |
50 MYRIA | ر.ق0.08393 | ر.ق0.08012 | +4.72% |
100 MYRIA | ر.ق0.1679 | ر.ق0.1602 | +4.72% |
500 MYRIA | ر.ق0.8393 | ر.ق0.8012 | +4.72% |
1000 MYRIA | ر.ق1.68 | ر.ق1.6 | +4.72% |
MYRIA to QAR FAQ
What factors influence the conversion rate of MYRIA to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Myria in the US is $0.0004599 USD. Additionally, Myria’s price is €0.0003957 EUR in the eurozone, £0.0003454 GBP in the UK, C$0.0006434 CAD in Canada, ₹0.04046 INR in India, ₨0.1301 PKR in Pakistan, R$0.002479 BRL in Brazil, and more.
The most popular Myria currency pair is the MYRIA to Qatari Rial(QAR). The price of 1 Myria (MYRIA) in Qatari Rial (QAR) is ر.ق0.001679.
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