WOULD to QAR Converter and calculator


Conversion rates
Convert WOULD to QAR
Convert QAR to WOULD
WOULD to QAR chart
WOULD to QAR conversion data: Volatility and price changes of would in QAR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.5027 QAR | 0.5160 QAR | 0.8440 QAR | 1.69 QAR |
Low | 0.4804 QAR | 0.4301 QAR | 0.3943 QAR | 0.3943 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -2.65% | +0.38% | -37.91% | -68.41% |
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WOULD to QAR market statistics
Current WOULD to QAR exchange rate
would to Qatari Rial is rising this week.More info about would 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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WOULD to QAR Conversion tables
| Amount | 16:34 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 WOULD | ر.ق0.2362 | ر.ق0.2428 | -2.65% |
1 WOULD | ر.ق0.4725 | ر.ق0.4856 | -2.65% |
5 WOULD | ر.ق2.36 | ر.ق2.43 | -2.65% |
10 WOULD | ر.ق4.72 | ر.ق4.86 | -2.65% |
50 WOULD | ر.ق23.62 | ر.ق24.28 | -2.65% |
100 WOULD | ر.ق47.25 | ر.ق48.56 | -2.65% |
500 WOULD | ر.ق236.24 | ر.ق242.79 | -2.65% |
1000 WOULD | ر.ق472.48 | ر.ق485.59 | -2.65% |
WOULD to QAR FAQ
What factors influence the conversion rate of WOULD to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of would in the US is $0.1295 USD. Additionally, would’s price is €0.1114 EUR in the eurozone, £0.09763 GBP in the UK, C$0.1813 CAD in Canada, ₹11.44 INR in India, ₨36.71 PKR in Pakistan, R$0.6960 BRL in Brazil, and more.
The most popular would currency pair is the WOULD to Qatari Rial(QAR). The price of 1 would (WOULD) in Qatari Rial (QAR) is ر.ق0.4725.
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