BOOK to QAR Converter and calculator


Conversion rates
Convert BOOK to QAR
Convert QAR to BOOK
BOOK to QAR chart
BOOK to QAR conversion data: Volatility and price changes of Solbook in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01289 QAR | 0.01289 QAR | 0.01623 QAR | 0.01623 QAR |
Low | 0.01100 QAR | 0.01087 QAR | 0.01087 QAR | 0.008473 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -0.84% | -8.14% | -18.58% | -2.50% |
Solbook information
BOOK to QAR market statistics
Current BOOK to QAR exchange rate
Solbook to Qatari Rial is falling this week.More info about Solbook 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 BOOK to QAR



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BOOK to QAR Conversion tables
Amount | 06:46 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 BOOK | ر.ق0.005088 | ر.ق0.005135 | -0.84% |
1 BOOK | ر.ق0.01018 | ر.ق0.01027 | -0.84% |
5 BOOK | ر.ق0.05088 | ر.ق0.05135 | -0.84% |
10 BOOK | ر.ق0.1018 | ر.ق0.1027 | -0.84% |
50 BOOK | ر.ق0.5088 | ر.ق0.5135 | -0.84% |
100 BOOK | ر.ق1.02 | ر.ق1.03 | -0.84% |
500 BOOK | ر.ق5.09 | ر.ق5.13 | -0.84% |
1000 BOOK | ر.ق10.18 | ر.ق10.27 | -0.84% |
BOOK to QAR FAQ
What factors influence the conversion rate of BOOK to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Solbook in the US is $0.002782 USD. Additionally, Solbook’s price is €0.002415 EUR in the eurozone, £0.002070 GBP in the UK, C$0.003825 CAD in Canada, ₹0.2415 INR in India, ₨0.7916 PKR in Pakistan, R$0.01535 BRL in Brazil, and more.
The most popular Solbook currency pair is the BOOK to Qatari Rial(QAR). The price of 1 Solbook (BOOK) in Qatari Rial (QAR) is ر.ق0.01018.
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