CIF to QAR Converter and calculator


Conversion rates
Convert CIF to QAR
Convert QAR to CIF
CIF to QAR chart
CIF to QAR conversion data: Volatility and price changes of CATWIFHAT in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.0001003 QAR | 0.0001566 QAR | 0.0001613 QAR | 0.0001652 QAR |
Low | 0.{4}9721 QAR | 0.{4}9309 QAR | 0.{4}8378 QAR | 0.{4}6889 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | +0.74% | -29.91% | -29.78% | -32.08% |
CATWIFHAT information
CIF to QAR market statistics
Current CIF to QAR exchange rate
CATWIFHAT to Qatari Rial is falling this week.More info about CATWIFHAT 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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CIF to QAR Conversion tables
Amount | 23:48 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 CIF | ر.ق0.{4}4921 | ر.ق0.{4}4885 | +0.74% |
1 CIF | ر.ق0.{4}9842 | ر.ق0.{4}9769 | +0.74% |
5 CIF | ر.ق0.0004921 | ر.ق0.0004885 | +0.74% |
10 CIF | ر.ق0.0009842 | ر.ق0.0009769 | +0.74% |
50 CIF | ر.ق0.004921 | ر.ق0.004885 | +0.74% |
100 CIF | ر.ق0.009842 | ر.ق0.009769 | +0.74% |
500 CIF | ر.ق0.04921 | ر.ق0.04885 | +0.74% |
1000 CIF | ر.ق0.09842 | ر.ق0.09769 | +0.74% |
CIF to QAR FAQ
What factors influence the conversion rate of CIF to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of CATWIFHAT in the US is $0.{4}2697 USD. Additionally, CATWIFHAT’s price is €0.{4}2340 EUR in the eurozone, £0.{4}2004 GBP in the UK, C$0.{4}3703 CAD in Canada, ₹0.002336 INR in India, ₨0.007657 PKR in Pakistan, R$0.0001487 BRL in Brazil, and more.
The most popular CATWIFHAT currency pair is the CIF to Qatari Rial(QAR). The price of 1 CATWIFHAT (CIF) in Qatari Rial (QAR) is ر.ق0.{4}9842.
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