BNK to QAR Converter and calculator


Conversion rates
Convert BNK to QAR
Convert QAR to BNK
BNK to QAR chart
BNK to QAR conversion data: Volatility and price changes of Bankera V2 in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.3999 QAR | 0.4283 QAR | 0.4541 QAR | 0.4764 QAR |
Low | 0.3732 QAR | 0.3732 QAR | 0.3732 QAR | 0.2998 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -6.30% | -9.26% | -14.53% | -3.49% |
Bankera V2 information
BNK to QAR market statistics
Current BNK to QAR exchange rate
Bankera V2 to Qatari Rial is falling this week.More info about Bankera V2 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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BNK to QAR Conversion tables
Amount | 16:19 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BNK | ر.ق0.1868 | ر.ق0.1994 | -6.30% |
1 BNK | ر.ق0.3736 | ر.ق0.3987 | -6.30% |
5 BNK | ر.ق1.87 | ر.ق1.99 | -6.30% |
10 BNK | ر.ق3.74 | ر.ق3.99 | -6.30% |
50 BNK | ر.ق18.68 | ر.ق19.94 | -6.30% |
100 BNK | ر.ق37.36 | ر.ق39.87 | -6.30% |
500 BNK | ر.ق186.79 | ر.ق199.37 | -6.30% |
1000 BNK | ر.ق373.58 | ر.ق398.73 | -6.30% |
BNK to QAR FAQ
What factors influence the conversion rate of BNK to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Bankera V2 in the US is $0.1024 USD. Additionally, Bankera V2’s price is €0.08883 EUR in the eurozone, £0.07607 GBP in the UK, C$0.1406 CAD in Canada, ₹8.87 INR in India, ₨29.06 PKR in Pakistan, R$0.5644 BRL in Brazil, and more.
The most popular Bankera V2 currency pair is the BNK to Qatari Rial(QAR). The price of 1 Bankera V2 (BNK) in Qatari Rial (QAR) is ر.ق0.3736.
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