LSS to QAR Converter and calculator


Conversion rates
Convert LSS to QAR
Convert QAR to LSS
LSS to QAR chart
LSS to QAR conversion data: Volatility and price changes of Lossless in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.05076 QAR | 0.05190 QAR | 0.06513 QAR | 0.1088 QAR |
Low | 0.04998 QAR | 0.04996 QAR | 0.04996 QAR | 0.04947 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -0.36% | -1.27% | -16.33% | -25.56% |
Lossless information
LSS to QAR market statistics
Current LSS to QAR exchange rate
Lossless to Qatari Rial is falling this week.More info about Lossless 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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LSS to QAR Conversion tables
Amount | 01:25 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 LSS | ر.ق0.02514 | ر.ق0.02524 | -0.36% |
1 LSS | ر.ق0.05029 | ر.ق0.05047 | -0.36% |
5 LSS | ر.ق0.2514 | ر.ق0.2524 | -0.36% |
10 LSS | ر.ق0.5029 | ر.ق0.5047 | -0.36% |
50 LSS | ر.ق2.51 | ر.ق2.52 | -0.36% |
100 LSS | ر.ق5.03 | ر.ق5.05 | -0.36% |
500 LSS | ر.ق25.14 | ر.ق25.24 | -0.36% |
1000 LSS | ر.ق50.29 | ر.ق50.47 | -0.36% |
LSS to QAR FAQ
What factors influence the conversion rate of LSS to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Lossless in the US is $0.01378 USD. Additionally, Lossless’s price is €0.01196 EUR in the eurozone, £0.01024 GBP in the UK, C$0.01892 CAD in Canada, ₹1.19 INR in India, ₨3.91 PKR in Pakistan, R$0.07597 BRL in Brazil, and more.
The most popular Lossless currency pair is the LSS to Qatari Rial(QAR). The price of 1 Lossless (LSS) in Qatari Rial (QAR) is ر.ق0.05029.
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