DEFX to QAR Converter and calculator


Conversion rates
Convert DEFX to QAR
Convert QAR to DEFX
DEFX to QAR chart
DEFX to QAR conversion data: Volatility and price changes of DeFinity in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.1082 QAR | 0.1440 QAR | 0.1899 QAR | 0.1899 QAR |
Low | 0.1082 QAR | 0.1041 QAR | 0.1041 QAR | 0.05490 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | +0.00% | -26.10% | -28.19% | +55.62% |
DeFinity information
DEFX to QAR market statistics
Current DEFX to QAR exchange rate
DeFinity to Qatari Rial is falling this week.More info about DeFinity 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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How to convert DEFX to QAR



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DEFX to QAR Conversion tables
Amount | 17:08 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DEFX | ر.ق0.05412 | ر.ق0.05412 | +0.00% |
1 DEFX | ر.ق0.1082 | ر.ق0.1082 | +0.00% |
5 DEFX | ر.ق0.5412 | ر.ق0.5412 | +0.00% |
10 DEFX | ر.ق1.08 | ر.ق1.08 | +0.00% |
50 DEFX | ر.ق5.41 | ر.ق5.41 | +0.00% |
100 DEFX | ر.ق10.82 | ر.ق10.82 | +0.00% |
500 DEFX | ر.ق54.12 | ر.ق54.12 | +0.00% |
1000 DEFX | ر.ق108.25 | ر.ق108.25 | +0.00% |
DEFX to QAR FAQ
What factors influence the conversion rate of DEFX to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of DeFinity in the US is $0.02973 USD. Additionally, DeFinity’s price is €0.02574 EUR in the eurozone, £0.02192 GBP in the UK, C$0.04041 CAD in Canada, ₹2.56 INR in India, ₨8.41 PKR in Pakistan, R$0.1650 BRL in Brazil, and more.
The most popular DeFinity currency pair is the DEFX to Qatari Rial(QAR). The price of 1 DeFinity (DEFX) in Qatari Rial (QAR) is ر.ق0.1082.
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