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INIT to QAR Converter and calculator

INIT/QAR: 1 INIT = 2.19 QAR. The price of converting 1 Initia (INIT) to Qatari Rial (QAR) is 2.19 QAR today.
INIT
INIT
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INIT to QAR real-time exchange rates, making it easy to convert Initia (INIT) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 INIT is currently valued at 2.19 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INIT is currently valued at 2.19 QAR, which means buying 5 INIT would cost 10.93 QAR. Similarly, ر.ق1 QAR can be converted to 0.4574 INIT, and ر.ق50 QAR can be converted to 2.29 INIT, excluding any platform or gas fees.

Initia (INIT) has been listed on Bitget spot trading market, you can quickly sell or buy INIT. Trading Link: INIT/USDT.

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Convert INIT to QAR

Convert QAR to INIT

Initia
Qatari Rial
500 INIT
1,093.17  QAR
1000 INIT
2,186.35  QAR
5000 INIT
10,931.74  QAR
10000 INIT
21,863.48  QAR
In the table above, you'll find a comprehensive INIT to QAR converter that shows the value of Initia in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 INIT to QAR, all the way up to 10000 INIT, providing a clear view of their respective values.
Qatari Rial
Initia
10000 QAR
4,573.84 INIT
50000 QAR
22,869.18 INIT
100000 QAR
45,738.37 INIT
In the table above, you'll find a comprehensive QAR to INIT converter that shows the value of Qatari Rial in Initia across commonly used conversion amounts. The list covers conversions from 1 QAR to INIT, all the way up to 100000 QAR, providing a clear view of their respective values.

INIT to QAR chart

INIT/QAR: 1 INIT = 2.19 QAR; 2025/05/06 22:52:17
In the past 1D, Initia has changed -12.82% to QAR. Based on the trend and price charts, Initia(INIT) has changed -12.82% to QAR while Qatari Rial(QAR) has changed % to INIT in the last 24 hours.
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INIT to QAR conversion data: Volatility and price changes of Initia in QAR

The highest Initia price in QAR over the past 7 days was 3.24 QAR while the lowest Initia price in QAR over the past 7 days was 2.05 QAR. The relative change between the highs and lows in Initia price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and INIT 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
2.53 QAR
3.24 QAR
3.49 QAR
3.49 QAR
Low
2.05 QAR
2.05 QAR
2.05 QAR
2.05 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
-12.82%
-26.50%
-1.10%
-3.88%

Initia information

INIT to QAR market statistics

INIT/QAR:
ر.ق2.19
INIT 24h volume:
ر.ق489,856,918.64
INIT market cap:
ر.ق325,219,306.48
INIT circulating supply:
148.75M INIT

Current INIT to QAR exchange rate

Initia to Qatari Rial is falling this week.
Initia's current market price is ر.ق2.19 per INIT, with a total market cap of ر.ق325,219,306.48 QAR based on a circulating supply of 148,750,000 INIT. The trading volume of Initia has changed by +5.53% (ر.ق25,658,564.05 QAR) in the last 24 hours. Last trading day, INIT's trading volume was ر.ق464,198,354.59.

More info about Initia 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 Initia currency pair is the INIT to QAR, with for Initia's currency code being INIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

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How to convert INIT to QAR

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INIT to QAR Conversion tables

The exchange rate of Initia is increasing.
The exchange rate of 1 INIT to Qatari Rial has changed by -26.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -12.82%, reaching a high of 2.53 QAR and a low of 2.05 QAR . One month ago, the value of 1 INIT was ر.ق-0.00 QAR , which represents a -1.10% change from its current value. Over the last year, Initia has changed by
+ر.ق
2.19QAR
, resulting in a change of -3.88% in its value.
24 hours ago1 month ago1 year ago
Amount22:52 today24 hours ago24h change
0.5 INITر.ق1.09ر.ق1.25
-12.82%
1 INITر.ق2.19ر.ق2.51
-12.82%
5 INITر.ق10.93ر.ق12.54
-12.82%
10 INITر.ق21.86ر.ق25.08
-12.82%
50 INITر.ق109.32ر.ق125.42
-12.82%
100 INITر.ق218.63ر.ق250.83
-12.82%
500 INITر.ق1,093.17ر.ق1,254.15
-12.82%
1000 INITر.ق2,186.35ر.ق2,508.3
-12.82%

INIT to QAR FAQ

How much is 1 Initia in QAR?
Right now, the price of 1 Initia (INIT) in Qatari Rial (QAR) is ر.ق2.19.
How much INIT can I buy for 1 QAR?
Based on the current exchange rate, you can get 0.4574 INIT for 1 QAR.
How do I calculate or convert INIT to QAR?
You can use our INIT to QAR calculator at the top of this page to convert any amount of INIT to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 2.29 INIT, while 5 INIT will cost around 10.93QAR.
What is the highest price of INIT/QAR in history?
The all-time high price of 1 INIT in QAR is ر.ق3.49. It remains to be seen if the value of 1 INIT/QAR will exceed the current all-time high.
What is the price trend of Initia in QAR?
Over the past 7 days, the exchange rate of Initia (INIT) has gone down by 26.50%.   Over the last month, the exchange rate of Initia (INIT) has gone down by 1.10% against Qatari Rial (QAR).

What factors influence the conversion rate of INIT to QAR?

There are many factors that affect the relationship between Initia 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 INIT/QAR. When there is positive news in the market about the widespread adoption of INIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INIT/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INIT/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 INIT/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 Initia 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.