AL to QAR Converter and calculator


Conversion rates
Convert AL to QAR
Convert QAR to AL
AL to QAR chart
AL to QAR conversion data: Volatility and price changes of ArchLoot in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.3341 QAR | 0.3635 QAR | 0.4330 QAR | 0.7793 QAR |
Low | 0.3198 QAR | 0.3118 QAR | 0.3097 QAR | 0.2992 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | +2.88% | -2.58% | -22.62% | -29.22% |
ArchLoot information
AL to QAR market statistics
Current AL to QAR exchange rate
ArchLoot to Qatari Rial is falling this week.More info about ArchLoot 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.
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AL to QAR Conversion tables
Amount | 18:18 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 AL | ر.ق0.1650 | ر.ق0.1604 | +2.88% |
1 AL | ر.ق0.3300 | ر.ق0.3207 | +2.88% |
5 AL | ر.ق1.65 | ر.ق1.6 | +2.88% |
10 AL | ر.ق3.3 | ر.ق3.21 | +2.88% |
50 AL | ر.ق16.5 | ر.ق16.04 | +2.88% |
100 AL | ر.ق33 | ر.ق32.07 | +2.88% |
500 AL | ر.ق164.99 | ر.ق160.37 | +2.88% |
1000 AL | ر.ق329.99 | ر.ق320.74 | +2.88% |
AL to QAR FAQ
What factors influence the conversion rate of AL to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of ArchLoot in the US is $0.09064 USD. Additionally, ArchLoot’s price is €0.07848 EUR in the eurozone, £0.06681 GBP in the UK, C$0.1232 CAD in Canada, ₹7.81 INR in India, ₨25.65 PKR in Pakistan, R$0.5029 BRL in Brazil, and more.
The most popular ArchLoot currency pair is the AL to Qatari Rial(QAR). The price of 1 ArchLoot (AL) in Qatari Rial (QAR) is ر.ق0.3300.
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