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GMAC to QAR Converter and calculator

GMAC/QAR: 1 GMAC = 0.01082 QAR. The price of converting 1 Gemach (GMAC) to Qatari Rial (QAR) is 0.01082 QAR today.
GMAC
GMAC
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMAC to QAR real-time exchange rates, making it easy to convert Gemach (GMAC) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 GMAC is currently valued at 0.01 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMAC is currently valued at 0.01 QAR, which means buying 5 GMAC would cost 0.05 QAR. Similarly, ر.ق1 QAR can be converted to 92.39 GMAC, and ر.ق50 QAR can be converted to 461.94 GMAC, excluding any platform or gas fees.

Convert GMAC to QAR

Convert QAR to GMAC

Gemach
Qatari Rial
10000 GMAC
108.24  QAR
In the table above, you'll find a comprehensive GMAC to QAR converter that shows the value of Gemach in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 GMAC to QAR, all the way up to 10000 GMAC, providing a clear view of their respective values.
Qatari Rial
Gemach
1000 QAR
92,388.19 GMAC
2000 QAR
184,776.37 GMAC
5000 QAR
461,940.93 GMAC
10000 QAR
923,881.86 GMAC
50000 QAR
4,619,409.32 GMAC
100000 QAR
9,238,818.64 GMAC
In the table above, you'll find a comprehensive QAR to GMAC converter that shows the value of Qatari Rial in Gemach across commonly used conversion amounts. The list covers conversions from 1 QAR to GMAC, all the way up to 100000 QAR, providing a clear view of their respective values.

GMAC to QAR chart

GMAC/QAR: 1 GMAC = 0.01082 QAR; 2025/04/29 15:10:51
In the past 1D, Gemach has changed +0.03% to QAR. Based on the trend and price charts, Gemach(GMAC) has changed +0.03% to QAR while Qatari Rial(QAR) has changed % to GMAC in the last 24 hours.
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GMAC to QAR conversion data: Volatility and price changes of Gemach in QAR

The highest Gemach price in QAR over the past 7 days was 0.01414 QAR while the lowest Gemach price in QAR over the past 7 days was 0.008290 QAR. The relative change between the highs and lows in Gemach price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GMAC to QAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.01082 QAR
0.01414 QAR
0.01414 QAR
0.01414 QAR
Low
0.009946 QAR
0.008290 QAR
0.003806 QAR
0.003806 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
+0.03%
+20.10%
+39.22%
-21.52%

Gemach information

GMAC to QAR market statistics

GMAC/QAR:
ر.ق0.01082
GMAC 24h volume:
--
GMAC market cap:
ر.ق5,411,947.37
GMAC circulating supply:
500.00M GMAC

Current GMAC to QAR exchange rate

Gemach to Qatari Rial is rising this week.
Gemach's current market price is ر.ق0.01082 per GMAC, with a total market cap of ر.ق5,411,947.37 QAR based on a circulating supply of 500,000,000 GMAC. The trading volume of Gemach has changed by -100.00% (ر.ق-- QAR) in the last 24 hours. Last trading day, GMAC's trading volume was ر.ق--.

More info about Gemach 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.

Bitget crypto-to-fiat exchange data shows that the most popular Gemach currency pair is the GMAC to QAR, with for Gemach's currency code being GMAC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

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How to convert GMAC to QAR

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GMAC to QAR Conversion tables

The exchange rate of Gemach is increasing.
The exchange rate of 1 GMAC to Qatari Rial has changed by +20.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.03%, reaching a high of 0.01082 QAR and a low of 0.009946 QAR . One month ago, the value of 1 GMAC was ر.ق0.007890 QAR , which represents a +39.22% change from its current value. Over the last year, Gemach has changed by
+ر.ق
0.001151QAR
, resulting in a change of +12.42% in its value.
24 hours ago1 month ago1 year ago
Amount15:10 today24 hours ago24h change
0.5 GMACر.ق0.005412ر.ق0.005410
+0.03%
1 GMACر.ق0.01082ر.ق0.01082
+0.03%
5 GMACر.ق0.05412ر.ق0.05410
+0.03%
10 GMACر.ق0.1082ر.ق0.1082
+0.03%
50 GMACر.ق0.5412ر.ق0.5410
+0.03%
100 GMACر.ق1.08ر.ق1.08
+0.03%
500 GMACر.ق5.41ر.ق5.41
+0.03%
1000 GMACر.ق10.82ر.ق10.82
+0.03%

GMAC to QAR FAQ

How much is 1 Gemach in QAR?
Right now, the price of 1 Gemach (GMAC) in Qatari Rial (QAR) is ر.ق0.01082.
How much GMAC can I buy for 1 QAR?
Based on the current exchange rate, you can get 92.39 GMAC for 1 QAR.
How do I calculate or convert GMAC to QAR?
You can use our GMAC to QAR calculator at the top of this page to convert any amount of GMAC to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 461.94 GMAC, while 5 GMAC will cost around 0.05412QAR.
What is the highest price of GMAC/QAR in history?
The all-time high price of 1 GMAC in QAR is ر.ق2.69. It remains to be seen if the value of 1 GMAC/QAR will exceed the current all-time high.
What is the price trend of Gemach in QAR?
Over the past 7 days, the exchange rate of Gemach (GMAC) has gone up by 20.10%.   Over the last month, the exchange rate of Gemach (GMAC) has gone up by 39.22% against Qatari Rial (QAR).

What factors influence the conversion rate of GMAC to QAR?

There are many factors that affect the relationship between Gemach and Qatari Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of GMAC/QAR. When there is positive news in the market about the widespread adoption of GMAC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMAC/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMAC/QAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of GMAC/QAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Gemach and adjust their investment strategies accordingly in the evolving market.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.