


QAR 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.
ETHFI to QAR conversion rate trend
ETHFI to QAR market statistics
More info about Etherfi on Bitget
Current ETHFI to QAR exchange rate
Etherfi to Qatari Rial is falling this week.ETHFI to QAR Conversion tables
The exchange rate of Etherfi is decreasing.ETHFI to QAR
QAR to ETHFI
ETHFI to QAR Today vs. 24 hours ago
Amount | 10:55 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 ETHFI | ر.ق1.26 | ر.ق1.21 | +4.26% |
1 ETHFI | ر.ق2.52 | ر.ق2.41 | +4.26% |
5 ETHFI | ر.ق12.58 | ر.ق12.07 | +4.26% |
10 ETHFI | ر.ق25.16 | ر.ق24.13 | +4.26% |
50 ETHFI | ر.ق125.81 | ر.ق120.67 | +4.26% |
100 ETHFI | ر.ق251.62 | ر.ق241.34 | +4.26% |
500 ETHFI | ر.ق1,258.11 | ر.ق1,206.69 | +4.26% |
1000 ETHFI | ر.ق2,516.22 | ر.ق2,413.39 | +4.26% |
ETHFI to QAR Today vs. 1 month ago
Amount | 10:55 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 ETHFI | ر.ق1.26 | ر.ق1.7 | -26.19% |
1 ETHFI | ر.ق2.52 | ر.ق3.41 | -26.19% |
5 ETHFI | ر.ق12.58 | ر.ق17.04 | -26.19% |
10 ETHFI | ر.ق25.16 | ر.ق34.09 | -26.19% |
50 ETHFI | ر.ق125.81 | ر.ق170.45 | -26.19% |
100 ETHFI | ر.ق251.62 | ر.ق340.89 | -26.19% |
500 ETHFI | ر.ق1,258.11 | ر.ق1,704.47 | -26.19% |
1000 ETHFI | ر.ق2,516.22 | ر.ق3,408.94 | -26.19% |
ETHFI to QAR Today vs. 1 year ago
Amount | 10:55 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 ETHFI | ر.ق1.26 | ر.ق12.17 | -89.66% |
1 ETHFI | ر.ق2.52 | ر.ق24.34 | -89.66% |
5 ETHFI | ر.ق12.58 | ر.ق121.7 | -89.66% |
10 ETHFI | ر.ق25.16 | ر.ق243.4 | -89.66% |
50 ETHFI | ر.ق125.81 | ر.ق1,216.98 | -89.66% |
100 ETHFI | ر.ق251.62 | ر.ق2,433.95 | -89.66% |
500 ETHFI | ر.ق1,258.11 | ر.ق12,169.77 | -89.66% |
1000 ETHFI | ر.ق2,516.22 | ر.ق24,339.53 | -89.66% |
How to convert ETHFI to QAR



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