GPAY to QAR Converter and calculator


Conversion rates
Convert GPAY to QAR
Convert QAR to GPAY
GPAY to QAR chart
GPAY to QAR conversion data: Volatility and price changes of GIGAPAY in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{8}6453 QAR | 0.{8}8821 QAR | 0.{7}1180 QAR | 0.{5}7352 QAR |
Low | 0.{8}6070 QAR | 0.{8}4096 QAR | 0.{8}3813 QAR | 0.{8}3551 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -5.81% | +35.02% | +63.49% | -- |
GIGAPAY information
GPAY to QAR market statistics
Current GPAY to QAR exchange rate
GIGAPAY to Qatari Rial is rising this week.More info about GIGAPAY 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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GPAY to QAR Conversion tables
Amount | 04:42 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 GPAY | ر.ق0.{8}2887 | ر.ق0.{8}3074 | -5.81% |
1 GPAY | ر.ق0.{8}5773 | ر.ق0.{8}6148 | -5.81% |
5 GPAY | ر.ق0.{7}2887 | ر.ق0.{7}3074 | -5.81% |
10 GPAY | ر.ق0.{7}5773 | ر.ق0.{7}6148 | -5.81% |
50 GPAY | ر.ق0.{6}2887 | ر.ق0.{6}3074 | -5.81% |
100 GPAY | ر.ق0.{6}5773 | ر.ق0.{6}6148 | -5.81% |
500 GPAY | ر.ق0.{5}2887 | ر.ق0.{5}3074 | -5.81% |
1000 GPAY | ر.ق0.{5}5773 | ر.ق0.{5}6148 | -5.81% |
GPAY to QAR FAQ
What factors influence the conversion rate of GPAY to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of GIGAPAY in the US is $0.{8}1582 USD. Additionally, GIGAPAY’s price is €0.{8}1373 EUR in the eurozone, £0.{8}1176 GBP in the UK, C$0.{8}2173 CAD in Canada, ₹0.{6}1370 INR in India, ₨0.{6}4492 PKR in Pakistan, R$0.{8}8722 BRL in Brazil, and more.
The most popular GIGAPAY currency pair is the GPAY to Qatari Rial(QAR). The price of 1 GIGAPAY (GPAY) in Qatari Rial (QAR) is ر.ق0.{8}5773.
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