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VELO to QAR Converter and calculator

VELO/QAR: 1 VELO = 0.1953 QAR. The price of converting 1 Velodrome Finance (VELO) to Qatari Rial (QAR) is 0.1953 QAR today.
VELO
VELO
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELO to QAR real-time exchange rates, making it easy to convert Velodrome Finance (VELO) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 VELO is currently valued at 0.20 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELO is currently valued at 0.20 QAR, which means buying 5 VELO would cost 0.98 QAR. Similarly, ر.ق1 QAR can be converted to 5.12 VELO, and ر.ق50 QAR can be converted to 25.6 VELO, excluding any platform or gas fees.

Convert VELO to QAR

Convert QAR to VELO

Velodrome Finance
Qatari Rial
1000 VELO
195.31  QAR
5000 VELO
976.54  QAR
10000 VELO
1,953.09  QAR
In the table above, you'll find a comprehensive VELO to QAR converter that shows the value of Velodrome Finance in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 VELO to QAR, all the way up to 10000 VELO, providing a clear view of their respective values.
Qatari Rial
Velodrome Finance
2000 QAR
10,240.21 VELO
5000 QAR
25,600.52 VELO
10000 QAR
51,201.04 VELO
50000 QAR
256,005.22 VELO
100000 QAR
512,010.43 VELO
In the table above, you'll find a comprehensive QAR to VELO converter that shows the value of Qatari Rial in Velodrome Finance across commonly used conversion amounts. The list covers conversions from 1 QAR to VELO, all the way up to 100000 QAR, providing a clear view of their respective values.

VELO to QAR chart

VELO/QAR: 1 VELO = 0.1953 QAR; 2025/04/27 10:01:59
In the past 1D, Velodrome Finance has changed -1.57% to QAR. Based on the trend and price charts, Velodrome Finance(VELO) has changed -1.57% to QAR while Qatari Rial(QAR) has changed % to VELO in the last 24 hours.
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VELO to QAR conversion data: Volatility and price changes of Velodrome Finance in QAR

The highest Velodrome Finance price in QAR over the past 7 days was 0.2041 QAR while the lowest Velodrome Finance price in QAR over the past 7 days was 0.1598 QAR. The relative change between the highs and lows in Velodrome Finance price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and VELO 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
0.2023 QAR
0.2041 QAR
0.2111 QAR
0.3795 QAR
Low
0.1923 QAR
0.1598 QAR
0.1301 QAR
0.1301 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
-1.57%
+19.49%
-0.73%
-41.17%

Velodrome Finance information

VELO to QAR market statistics

VELO/QAR:
ر.ق0.1953
VELO 24h volume:
ر.ق20,486,940.74
VELO market cap:
ر.ق178,746,842.29
VELO circulating supply:
915.20M VELO

Current VELO to QAR exchange rate

Velodrome Finance to Qatari Rial is rising this week.
Velodrome Finance's current market price is ر.ق0.1953 per VELO, with a total market cap of ر.ق178,746,842.29 QAR based on a circulating supply of 915,202,500 VELO. The trading volume of Velodrome Finance has changed by -34.82% (ر.ق-10,942,508.46 QAR) in the last 24 hours. Last trading day, VELO's trading volume was ر.ق31,429,449.2.

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

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How to convert VELO to QAR

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Bitget P2P trading does not currently support direct buying of VELO with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy VELO with USDT via Bitget spot market.
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VELO to QAR Conversion tables

The exchange rate of Velodrome Finance is decreasing.
The exchange rate of 1 VELO to Qatari Rial has changed by +19.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.57%, reaching a high of 0.2023 QAR and a low of 0.1923 QAR . One month ago, the value of 1 VELO was ر.ق0.1967 QAR , which represents a -0.73% change from its current value. Over the last year, Velodrome Finance has changed by
-ر.ق
0.3915QAR
, resulting in a change of -66.73% in its value.
24 hours ago1 month ago1 year ago
Amount10:01 am today24 hours ago24h change
0.5 VELOر.ق0.09765ر.ق0.09921
-1.57%
1 VELOر.ق0.1953ر.ق0.1984
-1.57%
5 VELOر.ق0.9765ر.ق0.9921
-1.57%
10 VELOر.ق1.95ر.ق1.98
-1.57%
50 VELOر.ق9.77ر.ق9.92
-1.57%
100 VELOر.ق19.53ر.ق19.84
-1.57%
500 VELOر.ق97.65ر.ق99.21
-1.57%
1000 VELOر.ق195.31ر.ق198.42
-1.57%

VELO to QAR FAQ

How much is 1 Velodrome Finance in QAR?
Right now, the price of 1 Velodrome Finance (VELO) in Qatari Rial (QAR) is ر.ق0.1953.
How much VELO can I buy for 1 QAR?
Based on the current exchange rate, you can get 5.12 VELO for 1 QAR.
How do I calculate or convert VELO to QAR?
You can use our VELO to QAR calculator at the top of this page to convert any amount of VELO to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 25.6 VELO, while 5 VELO will cost around 0.9765QAR.
What is the highest price of VELO/QAR in history?
The all-time high price of 1 VELO in QAR is ر.ق1.55. It remains to be seen if the value of 1 VELO/QAR will exceed the current all-time high.
What is the price trend of Velodrome Finance in QAR?
Over the past 7 days, the exchange rate of Velodrome Finance (VELO) has gone up by 19.49%.   Over the last month, the exchange rate of Velodrome Finance (VELO) has gone down by 0.73% against Qatari Rial (QAR).

What factors influence the conversion rate of VELO to QAR?

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