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Symbol to Qatari Rial Converter and calculator

Convert 1Symbol (XYM) to Qatari Rial (QAR) equals ر.ق 0.04752 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Symbol(XYM) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 XYM at a value of 1 XYM for 0.05 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Symbol currency pair is the XYM to QAR, with for Symbol's currency code being XYM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

XYM to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Symbol has changed +2.63% to QAR. Based on the trend and price charts, Symbol(XYM) has changed +2.63% to QAR while Qatari Rial(QAR) has changed % to XYM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق0.05468
0.0200% / 0.0320%vip-iconVIP 7
Gate.io
ر.ق0.04718
0.1000% / 0.1000%
Yes
Bybit
ر.ق0.04718
0.1000% / 0.1000%
Yes
KuCoin
ر.ق0.04711
0.1000% / 0.1000%
Yes
Last updated 2024/11/16 00:00:23(UTC+0)

How to buy Symbol

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Buy Symbol (XYM)
Use a variety of payment options to buy Symbol on Bitget. We'll show you how.

Buy XYM (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading does not currently support direct buying of XYM with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy XYM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
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Sell XYM (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading currently does not support direct selling of XYM to QAR. However, you can first exchange XYM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
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What factors influence the conversion rate of Symbol to Qatari Rial?

Symbol to Qatari Rial is rising this week.
Symbol's current market price is ر.ق 0.04752 per XYM, with a total market cap of ر.ق 289,961,225.98 QAR based on a circulating supply of 6,102,153,700 XYM. The trading volume of Symbol has changed by +5.79% (ر.ق 67,006.63 QAR) in the last 24 hours. Last trading day, XYM's trading volume was ر.ق 1,158,082.17.
Market cap
$79.65M
24h volume
$336.51K
Circulating supply
6.10B XYM

Conversion tables

The exchange rate of Symbol is decreasing.
1 XYM is currently valued at ر.ق 0.04752 QAR , which means buying 5 XYM will cost ر.ق 0.2376 QAR . Similarly, ر.ق1 QAR can be traded for 21.04 XYM, and ر.ق50 QAR can be converted to 1,052.24 XYM, excluding any platform or gas fees.
The exchange rate of 1 XYM to Qatari Rial has changed by +2.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.63%, reaching a high of 0.04767 QAR and a low of 0.04585 QAR . One month ago, the value of 1 XYM was ر.ق 0.05306 QAR , which represents a -10.45% change from its current value. Over the last year, Symbol has changed by
-ر.ق
0.06110QAR
, resulting in a change of -56.25% in its value.

XYM to QAR

Amount
01:20 am today
0.5 XYM
ر.ق0.02376
1 XYM
ر.ق0.04752
5 XYM
ر.ق0.2376
10 XYM
ر.ق0.4752
50 XYM
ر.ق2.38
100 XYM
ر.ق4.75
500 XYM
ر.ق23.76
1000 XYM
ر.ق47.52

QAR to XYM

Amount01:20 am today
0.5QAR10.52  XYM
1QAR21.04  XYM
5QAR105.22  XYM
10QAR210.45  XYM
50QAR1,052.24  XYM
100QAR2,104.47  XYM
500QAR10,522.36  XYM
1000QAR21,044.72  XYM

Today vs. 24 hours ago

Amount01:20 am today24 hours ago24h change
0.5 XYM$0.006526$0.006359
+2.63%
1 XYM$0.01305$0.01272
+2.63%
5 XYM$0.06526$0.06359
+2.63%
10 XYM$0.1305$0.1272
+2.63%
50 XYM$0.6526$0.6359
+2.63%
100 XYM$1.31$1.27
+2.63%
500 XYM$6.53$6.36
+2.63%
1000 XYM$13.05$12.72
+2.63%

Today vs. 1 month ago

Amount01:20 am today1 month ago1M change
0.5 XYM$0.006526$0.007288
-10.45%
1 XYM$0.01305$0.01458
-10.45%
5 XYM$0.06526$0.07288
-10.45%
10 XYM$0.1305$0.1458
-10.45%
50 XYM$0.6526$0.7288
-10.45%
100 XYM$1.31$1.46
-10.45%
500 XYM$6.53$7.29
-10.45%
1000 XYM$13.05$14.58
-10.45%

Today vs. 1 year ago

Amount01:20 am today1 year ago1Y change
0.5 XYM$0.006526$0.01492
-56.25%
1 XYM$0.01305$0.02984
-56.25%
5 XYM$0.06526$0.1492
-56.25%
10 XYM$0.1305$0.2984
-56.25%
50 XYM$0.6526$1.49
-56.25%
100 XYM$1.31$2.98
-56.25%
500 XYM$6.53$14.92
-56.25%
1000 XYM$13.05$29.84
-56.25%

Symbol price prediction

What will the price of XYM be in 2025?

Based on XYM's historical price performance prediction model, the price of XYM is projected to reach $0.02076 in 2025.

What will the price of XYM be in 2030?

In 2030, the XYM price is expected to change by -18.00%. By the end of 2030, the XYM price is projected to reach $0.01781, with a cumulative ROI of +38.65%.

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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 Symbol 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 Symbol 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 Symbol 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.