EFX
QAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Effect AI(EFX) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 EFX at a value of 1 EFX for 0.03 QAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
QAR 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.
Bitget crypto-to-fiat exchange data shows that the most popular Effect AI currency pair is the EFX to QAR, with for Effect AI's currency code being EFX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
EFX to QAR conversion rate trend
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In the past 1D, Effect AI has changed -2.37% to QAR. Based on the trend and price charts, Effect AI(EFX) has changed -2.37% to QAR while Qatari Rial(QAR) has changed % to EFX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.02818 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/20 16:31:03(UTC+0)
How to buy Effect AI
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Effect AI (EFX)
Use a variety of payment options to buy Effect AI on Bitget. We'll show you how.
Buy EFX (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of EFX with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy EFX with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell EFX (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of EFX to QAR. However, you can first exchange EFX for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Effect AI to Qatari Rial?
Effect AI to Qatari Rial is falling this week.Effect AI's current market price is ر.ق 0.02797 per EFX, with a total market cap of ر.ق 7,053,488.31 QAR based on a circulating supply of 252,168,530 EFX. The trading volume of Effect AI has changed by -87.41% (ر.ق -149,185.85 QAR) in the last 24 hours. Last trading day, EFX's trading volume was ر.ق 170,668.59.
Market cap
$1.94M
24h volume
$5.91K
Circulating supply
252.17M EFX
Conversion tables
The exchange rate of Effect AI is decreasing.1 EFX is currently valued at ر.ق 0.02797 QAR , which means buying 5 EFX will cost ر.ق 0.1399 QAR . Similarly, ر.ق1 QAR can be traded for 35.75 EFX, and ر.ق50 QAR can be converted to 1,787.54 EFX, excluding any platform or gas fees.
The exchange rate of 1 EFX to Qatari Rial has changed by -29.28% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.37%, reaching a high of 0.02883 QAR and a low of 0.02754 QAR . One month ago, the value of 1 EFX was ر.ق 0.03681 QAR , which represents a -24.02% change from its current value. Over the last year, Effect AI has changed by , resulting in a change of +146.71% in its value.
+ر.ق
0.01663QAREFX to QAR
Amount
17:29 today
0.5 EFX
ر.ق0.01399
1 EFX
ر.ق0.02797
5 EFX
ر.ق0.1399
10 EFX
ر.ق0.2797
50 EFX
ر.ق1.4
100 EFX
ر.ق2.8
500 EFX
ر.ق13.99
1000 EFX
ر.ق27.97
QAR to EFX
Amount17:29 today
0.5QAR17.88 EFX
1QAR35.75 EFX
5QAR178.75 EFX
10QAR357.51 EFX
50QAR1,787.54 EFX
100QAR3,575.09 EFX
500QAR17,875.45 EFX
1000QAR35,750.9 EFX
Today vs. 24 hours ago
| Amount | 17:29 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 EFX | $0.003849 | $0.003942 | -2.37% |
| 1 EFX | $0.007697 | $0.007884 | -2.37% |
| 5 EFX | $0.03849 | $0.03942 | -2.37% |
| 10 EFX | $0.07697 | $0.07884 | -2.37% |
| 50 EFX | $0.3849 | $0.3942 | -2.37% |
| 100 EFX | $0.7697 | $0.7884 | -2.37% |
| 500 EFX | $3.85 | $3.94 | -2.37% |
| 1000 EFX | $7.7 | $7.88 | -2.37% |
Today vs. 1 month ago
| Amount | 17:29 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 EFX | $0.003849 | $0.005065 | -24.02% |
| 1 EFX | $0.007697 | $0.01013 | -24.02% |
| 5 EFX | $0.03849 | $0.05065 | -24.02% |
| 10 EFX | $0.07697 | $0.1013 | -24.02% |
| 50 EFX | $0.3849 | $0.5065 | -24.02% |
| 100 EFX | $0.7697 | $1.01 | -24.02% |
| 500 EFX | $3.85 | $5.07 | -24.02% |
| 1000 EFX | $7.7 | $10.13 | -24.02% |
Today vs. 1 year ago
| Amount | 17:29 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 EFX | $0.003849 | $0.001560 | +146.71% |
| 1 EFX | $0.007697 | $0.003120 | +146.71% |
| 5 EFX | $0.03849 | $0.01560 | +146.71% |
| 10 EFX | $0.07697 | $0.03120 | +146.71% |
| 50 EFX | $0.3849 | $0.1560 | +146.71% |
| 100 EFX | $0.7697 | $0.3120 | +146.71% |
| 500 EFX | $3.85 | $1.56 | +146.71% |
| 1000 EFX | $7.7 | $3.12 | +146.71% |
Effect AI price prediction
What will the price of EFX be in 2025?
Based on EFX's historical price performance prediction model, the price of EFX is projected to reach $0.008730 in 2025.
What will the price of EFX be in 2030?
In 2030, the EFX price is expected to change by +6.00%. By the end of 2030, the EFX price is projected to reach $0.01677, with a cumulative ROI of +100.55%.
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Popular Effect AI conversions
Check out these popular currency conversions of Effect AI to several fiat currencies.
Effect AI to USD
1 EFX to $ 0.007697 USD
Effect AI to GBP
1 EFX to £ 0.006083 GBP
Effect AI to EUR
1 EFX to € 0.007315 EUR
Effect AI to KRW
1 EFX to ₩ 10.77 KRW
Effect AI to CAD
1 EFX to $ 0.01078 CAD
Effect AI to AUD
1 EFX to $ 0.01186 AUD
Effect AI to JPY
1 EFX to ¥ 1.2 JPY
Effect AI to BRL
1 EFX to R$ 0.04444 BRL
Effect AI to CNY
1 EFX to ¥ 0.05578 CNY
Effect AI to TWD
1 EFX to NT$ 0.2505 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Effect AI.
XRP to QAR
1 XRP to ر.ق 3.98 QAR
Eesee to QAR
1 ESE to ر.ق 0.1404 QAR
Solana to QAR
1 SOL to ر.ق 849.71 QAR
MAD to QAR
1 MAD to ر.ق -- QAR
Dogecoin to QAR
1 DOGE to ر.ق 1.38 QAR
Bonk to QAR
1 BONK to ر.ق 0.0001889 QAR
Bitcoin to QAR
1 BTC to ر.ق 340,829.88 QAR
Cardano to QAR
1 ADA to ر.ق 3 QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}6954 QAR
Usual to QAR
1 USUAL to ر.ق -- QAR
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Effect AI and QAR.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Effect AI and QAR. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Effect AI in QAR, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
