GNY
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 GNY(GNY) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 GNY at a value of 1 GNY 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 GNY currency pair is the GNY to QAR, with for GNY's currency code being GNY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
GNY to QAR conversion rate trend
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In the past 1D, GNY has changed +12.03% to QAR. Based on the trend and price charts, GNY(GNY) has changed +12.03% to QAR while Qatari Rial(QAR) has changed % to GNY in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.02961 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/15 08:31:08(UTC+0)
How to buy GNY
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Buy GNY (GNY)
Use a variety of payment options to buy GNY on Bitget. We'll show you how.
Buy GNY (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of GNY with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy GNY 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 GNY (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of GNY to QAR. However, you can first exchange GNY 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 GNY to Qatari Rial?
GNY to Qatari Rial is rising this week.GNY's current market price is ر.ق 0.02952 per GNY, with a total market cap of ر.ق 5,679,614.67 QAR based on a circulating supply of 192,376,660 GNY. The trading volume of GNY has changed by +63.56% (ر.ق 70,924.44 QAR) in the last 24 hours. Last trading day, GNY's trading volume was ر.ق 111,580.45.
Market cap
$1.56M
24h volume
$50.03K
Circulating supply
192.38M GNY
Conversion tables
The exchange rate of GNY is increasing.1 GNY is currently valued at ر.ق 0.02952 QAR , which means buying 5 GNY will cost ر.ق 0.1476 QAR . Similarly, ر.ق1 QAR can be traded for 33.87 GNY, and ر.ق50 QAR can be converted to 1,693.57 GNY, excluding any platform or gas fees.
The exchange rate of 1 GNY to Qatari Rial has changed by +1.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.03%, reaching a high of 0.03074 QAR and a low of 0.02598 QAR . One month ago, the value of 1 GNY was ر.ق 0.02363 QAR , which represents a +24.95% change from its current value. Over the last year, GNY has changed by , resulting in a change of -55.26% in its value.
-ر.ق
0.03646QARGNY to QAR
Amount
16:05 today
0.5 GNY
ر.ق0.01476
1 GNY
ر.ق0.02952
5 GNY
ر.ق0.1476
10 GNY
ر.ق0.2952
50 GNY
ر.ق1.48
100 GNY
ر.ق2.95
500 GNY
ر.ق14.76
1000 GNY
ر.ق29.52
QAR to GNY
Amount16:05 today
0.5QAR16.94 GNY
1QAR33.87 GNY
5QAR169.36 GNY
10QAR338.71 GNY
50QAR1,693.57 GNY
100QAR3,387.14 GNY
500QAR16,935.71 GNY
1000QAR33,871.43 GNY
Today vs. 24 hours ago
| Amount | 16:05 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GNY | $0.004047 | $0.003612 | +12.03% |
| 1 GNY | $0.008093 | $0.007224 | +12.03% |
| 5 GNY | $0.04047 | $0.03612 | +12.03% |
| 10 GNY | $0.08093 | $0.07224 | +12.03% |
| 50 GNY | $0.4047 | $0.3612 | +12.03% |
| 100 GNY | $0.8093 | $0.7224 | +12.03% |
| 500 GNY | $4.05 | $3.61 | +12.03% |
| 1000 GNY | $8.09 | $7.22 | +12.03% |
Today vs. 1 month ago
| Amount | 16:05 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GNY | $0.004047 | $0.003239 | +24.95% |
| 1 GNY | $0.008093 | $0.006477 | +24.95% |
| 5 GNY | $0.04047 | $0.03239 | +24.95% |
| 10 GNY | $0.08093 | $0.06477 | +24.95% |
| 50 GNY | $0.4047 | $0.3239 | +24.95% |
| 100 GNY | $0.8093 | $0.6477 | +24.95% |
| 500 GNY | $4.05 | $3.24 | +24.95% |
| 1000 GNY | $8.09 | $6.48 | +24.95% |
Today vs. 1 year ago
| Amount | 16:05 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GNY | $0.004047 | $0.009044 | -55.26% |
| 1 GNY | $0.008093 | $0.01809 | -55.26% |
| 5 GNY | $0.04047 | $0.09044 | -55.26% |
| 10 GNY | $0.08093 | $0.1809 | -55.26% |
| 50 GNY | $0.4047 | $0.9044 | -55.26% |
| 100 GNY | $0.8093 | $1.81 | -55.26% |
| 500 GNY | $4.05 | $9.04 | -55.26% |
| 1000 GNY | $8.09 | $18.09 | -55.26% |
GNY price prediction
What will the price of GNY be in 2025?
Based on GNY's historical price performance prediction model, the price of GNY is projected to reach $0.01302 in 2025.
What will the price of GNY be in 2030?
In 2030, the GNY price is expected to change by +1.00%. By the end of 2030, the GNY price is projected to reach $0.02727, with a cumulative ROI of +228.65%.
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Popular GNY conversions
Check out these popular currency conversions of GNY to several fiat currencies.
GNY to USD
1 GNY to $ 0.008093 USD
GNY to GBP
1 GNY to £ 0.006383 GBP
GNY to EUR
1 GNY to € 0.007652 EUR
GNY to KRW
1 GNY to ₩ 11.3 KRW
GNY to CAD
1 GNY to $ 0.01137 CAD
GNY to AUD
1 GNY to $ 0.01250 AUD
GNY to JPY
1 GNY to ¥ 1.26 JPY
GNY to BRL
1 GNY to R$ 0.04691 BRL
GNY to CNY
1 GNY to ¥ 0.05855 CNY
GNY to TWD
1 GNY to NT$ 0.2631 TWD
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Explore other cryptocurrencies based on your interest in GNY.
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1 ELON to ر.ق 0.{6}7896 QAR
Bitcoin to QAR
1 BTC to ر.ق 322,603.04 QAR
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1 XRP to ر.ق 3.16 QAR
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1 ACT to ر.ق 2.79 QAR
Solana to QAR
1 SOL to ر.ق 759.89 QAR
Sui to QAR
1 SUI to ر.ق 12.24 QAR
Merlin Chain to QAR
1 MERL to ر.ق 0.9772 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 GNY 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 GNY 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 GNY 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.
