LOCK to QAR Converter and calculator


Conversion rates
Convert LOCK to QAR
Convert QAR to LOCK
LOCK to QAR chart
LOCK to QAR conversion data: Volatility and price changes of Houdini Swap in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.4493 QAR | 0.5533 QAR | 0.6911 QAR | 0.8998 QAR |
Low | 0.4244 QAR | 0.3819 QAR | 0.3819 QAR | 0.3819 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | +5.56% | -16.59% | -26.99% | -25.12% |
Houdini Swap information
LOCK to QAR market statistics
Current LOCK to QAR exchange rate
Houdini Swap to Qatari Rial is falling this week.More info about Houdini Swap 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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LOCK to QAR Conversion tables
Amount | 06:30 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LOCK | ر.ق0.2246 | ر.ق0.2128 | +5.56% |
1 LOCK | ر.ق0.4493 | ر.ق0.4256 | +5.56% |
5 LOCK | ر.ق2.25 | ر.ق2.13 | +5.56% |
10 LOCK | ر.ق4.49 | ر.ق4.26 | +5.56% |
50 LOCK | ر.ق22.46 | ر.ق21.28 | +5.56% |
100 LOCK | ر.ق44.93 | ر.ق42.56 | +5.56% |
500 LOCK | ر.ق224.64 | ر.ق212.82 | +5.56% |
1000 LOCK | ر.ق449.27 | ر.ق425.65 | +5.56% |
LOCK to QAR FAQ
What factors influence the conversion rate of LOCK to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Houdini Swap in the US is $0.1234 USD. Additionally, Houdini Swap’s price is €0.1062 EUR in the eurozone, £0.09058 GBP in the UK, C$0.1694 CAD in Canada, ₹10.6 INR in India, ₨35.01 PKR in Pakistan, R$0.6801 BRL in Brazil, and more.
The most popular Houdini Swap currency pair is the LOCK to Qatari Rial(QAR). The price of 1 Houdini Swap (LOCK) in Qatari Rial (QAR) is ر.ق0.4493.
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