NEXO
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 Nexo(NEXO) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 NEXO at a value of 1 NEXO for 4.73 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 Nexo currency pair is the NEXO to QAR, with for Nexo's currency code being NEXO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
NEXO to QAR conversion rate trend
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In the past 1D, Nexo has changed -3.49% to QAR. Based on the trend and price charts, Nexo(NEXO) has changed -3.49% to QAR while Qatari Rial(QAR) has changed % to NEXO in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق4.79 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ر.ق4.79 | 0.1000% / 0.1000% | Yes |
Huobi | ر.ق4.8 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.ق4.81 | 0.1000% / 0.1000% | Yes |
Bybit | ر.ق4.8 | 0.1000% / 0.1000% | Yes |
Bitfinex | ر.ق4.96 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/23 00:00:23(UTC+0)
How to buy Nexo
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Buy Nexo (NEXO)
Use a variety of payment options to buy Nexo on Bitget. We'll show you how.
Learn MoreBuy NEXO (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of NEXO with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy NEXO with USDT via Bitget spot market.
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Sell NEXO (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of NEXO to QAR. However, you can first exchange NEXO for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Nexo to Qatari Rial?
Nexo to Qatari Rial is falling this week.Nexo's current market price is ر.ق 4.73 per NEXO, with a total market cap of ر.ق 3,058,904,179.52 QAR based on a circulating supply of 646,145,860 NEXO. The trading volume of Nexo has changed by -15.98% (ر.ق -3,783,664.73 QAR) in the last 24 hours. Last trading day, NEXO's trading volume was ر.ق 23,681,947.39.
Market cap
$842.46M
24h volume
$5.48M
Circulating supply
646.15M NEXO
Conversion tables
The exchange rate of Nexo is decreasing.1 NEXO is currently valued at ر.ق 4.73 QAR , which means buying 5 NEXO will cost ر.ق 23.67 QAR . Similarly, ر.ق1 QAR can be traded for 0.2112 NEXO, and ر.ق50 QAR can be converted to 10.56 NEXO, excluding any platform or gas fees.
The exchange rate of 1 NEXO to Qatari Rial has changed by -12.87% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.49%, reaching a high of 4.96 QAR and a low of 4.74 QAR . One month ago, the value of 1 NEXO was ر.ق 4.83 QAR , which represents a -2.04% change from its current value. Over the last year, Nexo has changed by , resulting in a change of +44.12% in its value.
+ر.ق
1.45QARNEXO to QAR
Amount
01:28 am today
0.5 NEXO
ر.ق2.37
1 NEXO
ر.ق4.73
5 NEXO
ر.ق23.67
10 NEXO
ر.ق47.34
50 NEXO
ر.ق236.7
100 NEXO
ر.ق473.41
500 NEXO
ر.ق2,367.04
1000 NEXO
ر.ق4,734.08
QAR to NEXO
Amount01:28 am today
0.5QAR0.1056 NEXO
1QAR0.2112 NEXO
5QAR1.06 NEXO
10QAR2.11 NEXO
50QAR10.56 NEXO
100QAR21.12 NEXO
500QAR105.62 NEXO
1000QAR211.23 NEXO
Today vs. 24 hours ago
| Amount | 01:28 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 NEXO | $0.6519 | $0.6755 | -3.49% |
| 1 NEXO | $1.3 | $1.35 | -3.49% |
| 5 NEXO | $6.52 | $6.76 | -3.49% |
| 10 NEXO | $13.04 | $13.51 | -3.49% |
| 50 NEXO | $65.19 | $67.55 | -3.49% |
| 100 NEXO | $130.38 | $135.1 | -3.49% |
| 500 NEXO | $651.92 | $675.51 | -3.49% |
| 1000 NEXO | $1,303.83 | $1,351.03 | -3.49% |
Today vs. 1 month ago
| Amount | 01:28 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 NEXO | $0.6519 | $0.6655 | -2.04% |
| 1 NEXO | $1.3 | $1.33 | -2.04% |
| 5 NEXO | $6.52 | $6.66 | -2.04% |
| 10 NEXO | $13.04 | $13.31 | -2.04% |
| 50 NEXO | $65.19 | $66.55 | -2.04% |
| 100 NEXO | $130.38 | $133.1 | -2.04% |
| 500 NEXO | $651.92 | $665.52 | -2.04% |
| 1000 NEXO | $1,303.83 | $1,331.03 | -2.04% |
Today vs. 1 year ago
| Amount | 01:28 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 NEXO | $0.6519 | $0.4523 | +44.12% |
| 1 NEXO | $1.3 | $0.9045 | +44.12% |
| 5 NEXO | $6.52 | $4.52 | +44.12% |
| 10 NEXO | $13.04 | $9.05 | +44.12% |
| 50 NEXO | $65.19 | $45.23 | +44.12% |
| 100 NEXO | $130.38 | $90.45 | +44.12% |
| 500 NEXO | $651.92 | $452.27 | +44.12% |
| 1000 NEXO | $1,303.83 | $904.54 | +44.12% |
Nexo price prediction
What will the price of NEXO be in 2025?
Based on NEXO's historical price performance prediction model, the price of NEXO is projected to reach $2.1 in 2025.
What will the price of NEXO be in 2030?
In 2030, the NEXO price is expected to change by -9.00%. By the end of 2030, the NEXO price is projected to reach $2.57, with a cumulative ROI of +89.88%.
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Popular Nexo conversions
Check out these popular currency conversions of Nexo to several fiat currencies.
Nexo to USD
1 NEXO to $ 1.3 USD
Nexo to GBP
1 NEXO to £ 1.04 GBP
Nexo to EUR
1 NEXO to € 1.25 EUR
Nexo to KRW
1 NEXO to ₩ 1,886.68 KRW
Nexo to CAD
1 NEXO to $ 1.87 CAD
Nexo to AUD
1 NEXO to $ 2.09 AUD
Nexo to JPY
1 NEXO to ¥ 204.21 JPY
Nexo to BRL
1 NEXO to R$ 7.93 BRL
Nexo to CNY
1 NEXO to ¥ 9.51 CNY
Nexo to TWD
1 NEXO to NT$ 42.5 TWD
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1 HIVE to ر.ق 1.06 QAR
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1 STEEM to ر.ق 0.7693 QAR
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1 XVG to ر.ق 0.04428 QAR
BitTorrent [New] to QAR
1 BTT to ر.ق 0.{5}4201 QAR
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Livepeer to QAR
1 LPT to ر.ق 53.76 QAR
FTX Token to QAR
1 FTT to ر.ق 10.78 QAR
Just a chill guy to QAR
1 CHILLGUY to ر.ق 0.6502 QAR
AVA (Travala) to QAR
1 AVA to ر.ق 4.67 QAR
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1 LUCE to ر.ق 0.2859 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 Nexo 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 Nexo 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 Nexo 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.
