TATE to QAR Converter and calculator


Conversion rates
Convert TATE to QAR
Convert QAR to TATE
TATE to QAR chart
TATE to QAR conversion data: Volatility and price changes of Tate in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{9}9538 QAR | 0.{9}9538 QAR | 0.{9}9538 QAR | 0.{8}1233 QAR |
Low | 0.{9}9106 QAR | 0.{9}6521 QAR | 0.{9}5821 QAR | 0.{9}5516 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | +4.75% | +46.26% | +59.08% | -17.82% |
Tate information
TATE to QAR market statistics
Current TATE to QAR exchange rate
Tate to Qatari Rial is rising this week.More info about Tate 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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TATE to QAR Conversion tables
Amount | 05:02 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 TATE | ر.ق0.{9}4243 | ر.ق0.{9}4027 | +4.75% |
1 TATE | ر.ق0.{9}8485 | ر.ق0.{9}8053 | +4.75% |
5 TATE | ر.ق0.{8}4243 | ر.ق0.{8}4027 | +4.75% |
10 TATE | ر.ق0.{8}8485 | ر.ق0.{8}8053 | +4.75% |
50 TATE | ر.ق0.{7}4243 | ر.ق0.{7}4027 | +4.75% |
100 TATE | ر.ق0.{7}8485 | ر.ق0.{7}8053 | +4.75% |
500 TATE | ر.ق0.{6}4243 | ر.ق0.{6}4027 | +4.75% |
1000 TATE | ر.ق0.{6}8485 | ر.ق0.{6}8053 | +4.75% |
TATE to QAR FAQ
What factors influence the conversion rate of TATE to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Tate in the US is $0.{9}2325 USD. Additionally, Tate’s price is €0.{9}2018 EUR in the eurozone, £0.{9}1728 GBP in the UK, C$0.{9}3193 CAD in Canada, ₹0.{7}2014 INR in India, ₨0.{7}6602 PKR in Pakistan, R$0.{8}1282 BRL in Brazil, and more.
The most popular Tate currency pair is the TATE to Qatari Rial(QAR). The price of 1 Tate (TATE) in Qatari Rial (QAR) is ر.ق0.{9}8485.
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