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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.98%
New listings on Bitget: Pi Network
BTC/USDT$82888.32 (-1.23%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.98%
New listings on Bitget: Pi Network
BTC/USDT$82888.32 (-1.23%)Fear and Greed Index28(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow +$218.1M (1D); +$111.9M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
NIM
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Nimiq(NIM) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 NIM at a value of 1 NIM for 0.00 QAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
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.
Bitget crypto-to-fiat exchange data shows that the most popular Nimiq currency pair is the NIM to QAR, with for Nimiq's currency code being NIM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
NIM to QAR conversion rate trend
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In the past 1D, Nimiq has changed -5.53% to QAR. Based on the trend and price charts, Nimiq(NIM) has changed -5.53% to QAR while Qatari Rial(QAR) has changed % to NIM in the last 24 hours.
NIM to QAR market statistics
NIM/QAR:
ر.ق 0.003433
NIM 24h volume:
ر.ق 358,656.74
NIM market cap:
ر.ق 44,545,750.03
NIM circulating supply:
12.97B NIM
More info about Nimiq on Bitget
Current NIM to QAR exchange rate
Nimiq to Qatari Rial is falling this week.Nimiq's current market price is ر.ق 0.003433 per NIM, with a total market cap of ر.ق 44,545,750.03 QAR based on a circulating supply of 12,973,872,000 NIM. The trading volume of Nimiq has changed by +5.31% (ر.ق 18,070.16 QAR) in the last 24 hours. Last trading day, NIM's trading volume was ر.ق 340,586.58.
NIM to QAR Conversion tables
The exchange rate of Nimiq is decreasing.1 NIM is currently valued at ر.ق 0.003433 QAR , which means buying 5 NIM will cost ر.ق 0.01717 QAR . Similarly, ر.ق1 QAR can be traded for 291.25 NIM, and ر.ق50 QAR can be converted to 14,562.41 NIM, excluding any platform or gas fees.
The exchange rate of 1 NIM to Qatari Rial has changed by -13.95% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.53%, reaching a high of 0.003629 QAR and a low of 0.003386 QAR . One month ago, the value of 1 NIM was ر.ق 0.004576 QAR , which represents a -24.95% change from its current value. Over the last year, Nimiq has changed by , resulting in a change of -37.48% in its value.
-ر.ق
0.002060QARNIM to QAR
Amount
01:52 am today
0.5 NIM
ر.ق0.001717
1 NIM
ر.ق0.003433
5 NIM
ر.ق0.01717
10 NIM
ر.ق0.03433
50 NIM
ر.ق0.1717
100 NIM
ر.ق0.3433
500 NIM
ر.ق1.72
1000 NIM
ر.ق3.43
QAR to NIM
Amount01:52 am today
0.5QAR145.62 NIM
1QAR291.25 NIM
5QAR1,456.24 NIM
10QAR2,912.48 NIM
50QAR14,562.41 NIM
100QAR29,124.83 NIM
500QAR145,624.13 NIM
1000QAR291,248.27 NIM
NIM to QAR Today vs. 24 hours ago
| Amount | 01:52 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NIM | ر.ق0.001717 | ر.ق0.001817 | -5.53% |
| 1 NIM | ر.ق0.003433 | ر.ق0.003635 | -5.53% |
| 5 NIM | ر.ق0.01717 | ر.ق0.01817 | -5.53% |
| 10 NIM | ر.ق0.03433 | ر.ق0.03635 | -5.53% |
| 50 NIM | ر.ق0.1717 | ر.ق0.1817 | -5.53% |
| 100 NIM | ر.ق0.3433 | ر.ق0.3635 | -5.53% |
| 500 NIM | ر.ق1.72 | ر.ق1.82 | -5.53% |
| 1000 NIM | ر.ق3.43 | ر.ق3.63 | -5.53% |
NIM to QAR Today vs. 1 month ago
| Amount | 01:52 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NIM | ر.ق0.001717 | ر.ق0.002288 | -24.95% |
| 1 NIM | ر.ق0.003433 | ر.ق0.004576 | -24.95% |
| 5 NIM | ر.ق0.01717 | ر.ق0.02288 | -24.95% |
| 10 NIM | ر.ق0.03433 | ر.ق0.04576 | -24.95% |
| 50 NIM | ر.ق0.1717 | ر.ق0.2288 | -24.95% |
| 100 NIM | ر.ق0.3433 | ر.ق0.4576 | -24.95% |
| 500 NIM | ر.ق1.72 | ر.ق2.29 | -24.95% |
| 1000 NIM | ر.ق3.43 | ر.ق4.58 | -24.95% |
NIM to QAR Today vs. 1 year ago
| Amount | 01:52 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NIM | ر.ق0.001717 | ر.ق0.002747 | -37.48% |
| 1 NIM | ر.ق0.003433 | ر.ق0.005493 | -37.48% |
| 5 NIM | ر.ق0.01717 | ر.ق0.02747 | -37.48% |
| 10 NIM | ر.ق0.03433 | ر.ق0.05493 | -37.48% |
| 50 NIM | ر.ق0.1717 | ر.ق0.2747 | -37.48% |
| 100 NIM | ر.ق0.3433 | ر.ق0.5493 | -37.48% |
| 500 NIM | ر.ق1.72 | ر.ق2.75 | -37.48% |
| 1000 NIM | ر.ق3.43 | ر.ق5.49 | -37.48% |
How to convert NIM to QAR
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert NIM to QAR
Use a variety of payment options to buy Nimiq on Bitget. We'll show you how.
Buy NIM (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of NIM with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy NIM with USDT via Bitget spot market.
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|---|
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Sell NIM (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of NIM to QAR. However, you can first exchange NIM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of NIM to QAR?
There are many factors that affect the relationship between Nimiq 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 NIM/QAR. When there is positive news in the market about the widespread adoption of NIM or major technological breakthroughs, it tends to trigger market optimism and drive the rise of NIM/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in NIM/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.
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 NIM/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 Nimiq and adjust their investment strategies accordingly in the evolving market.
Nimiq price prediction
What will the price of NIM be in 2026?
Based on NIM's historical price performance prediction model, the price of NIM is projected to reach $0.001027 in 2026.
What will the price of NIM be in 2031?
In 2031, the NIM price is expected to change by +32.00%. By the end of 2031, the NIM price is projected to reach $0.002646, with a cumulative ROI of +181.99%.
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Popular Nimiq Converter
Check out these popular currency conversions of Nimiq to several fiat currencies.
NIM to TWD
1 NIM to NT$ 0.03113 TWD
NIM to QAR
1 NIM to ر.ق 0.003433 QAR
NIM to CNY
1 NIM to ¥ 0.006866 CNY
NIM to USD
1 NIM to $ 0.0009418 USD
NIM to EUR
1 NIM to € 0.0008523 EUR
NIM to CAD
1 NIM to $ 0.001326 CAD
NIM to KRW
1 NIM to ₩ 1.37 KRW
NIM to JPY
1 NIM to ¥ 0.1373 JPY
NIM to GBP
1 NIM to £ 0.0007193 GBP
NIM to BRL
1 NIM to R$ 0.005304 BRL
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Nimiq.
PI to QAR
1 PI to ر.ق 2.02 QAR
BNB to QAR
1 BNB to ر.ق 2,156.48 QAR
TRUMP to QAR
1 TRUMP to ر.ق 34.65 QAR
RARE to QAR
1 RARE to ر.ق 0.2562 QAR
DGB to QAR
1 DGB to ر.ق 0.03842 QAR
FUN to QAR
1 FUN to ر.ق 0.02161 QAR
BSW to QAR
1 BSW to ر.ق 0.06619 QAR
ACH to QAR
1 ACH to ر.ق 0.07573 QAR
MBOX to QAR
1 MBOX to ر.ق 0.1940 QAR
W to QAR
1 W to ر.ق 0.3247 QAR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Nimiq and QAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Nimiq and QAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Nimiq in QAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
