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base info Avalanche

Avalanche to Qatari Rial Converter and calculator

Convert 1Avalanche (AVAX) to Qatari Rial (QAR) equals ر.ق 128.93 | 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 Avalanche(AVAX) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 AVAX at a value of 1 AVAX for 128.93 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 Avalanche currency pair is the AVAX to QAR, with for Avalanche's currency code being AVAX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

AVAX to QAR conversion rate trend

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In the past 1D, Avalanche has changed -4.06% to QAR. Based on the trend and price charts, Avalanche(AVAX) has changed -4.06% to QAR while Qatari Rial(QAR) has changed % to AVAX in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق129.55
0.0001% / 0.0004%vip-iconVIP
Binance
ر.ق129.55
0.1000% / 0.1000%
Yes
Coinbase Exchange
ر.ق129.52
0.1000% / 0.1000%
Yes
Kraken
ر.ق129.59
0.1000% / 0.1000%
Yes
OKX
ر.ق129.48
0.080% / 0.100%
Yes
Huobi
ر.ق129.52
0.1000% / 0.1000%
Yes
Gate.io
ر.ق129.52
0.1000% / 0.1000%
Yes
Bybit
ر.ق129.55
0.1000% / 0.1000%
Yes
KuCoin
ر.ق129.53
0.1000% / 0.1000%
Yes
Bitfinex
ر.ق129.47
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 18:00:22(UTC+0)

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What factors influence the conversion rate of Avalanche to Qatari Rial?

Avalanche to Qatari Rial is rising this week.
Avalanche's current market price is ر.ق 128.93 per AVAX, with a total market cap of ر.ق 49,351,909,667.58 QAR based on a circulating supply of 382,777,380 AVAX. The trading volume of Avalanche has changed by -6.29% (ر.ق -73,272,931.40 QAR) in the last 24 hours. Last trading day, AVAX's trading volume was ر.ق 1,164,633,734.35.
Market cap
$13.60B
24h volume
$300.82M
Circulating supply
382.78M AVAX

Conversion tables

The exchange rate of Avalanche is increasing.
1 AVAX is currently valued at ر.ق 128.93 QAR , which means buying 5 AVAX will cost ر.ق 644.66 QAR . Similarly, ر.ق1 QAR can be traded for 0.007756 AVAX, and ر.ق50 QAR can be converted to 0.3878 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Qatari Rial has changed by +6.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.06%, reaching a high of 136.87 QAR and a low of 128.55 QAR . One month ago, the value of 1 AVAX was ر.ق 127.23 QAR , which represents a +1.34% change from its current value. Over the last year, Avalanche has changed by
+ر.ق
3.1QAR
, resulting in a change of +142.06% in its value.

AVAX to QAR

Amount
18:56 today
0.5 AVAX
ر.ق64.47
1 AVAX
ر.ق128.93
5 AVAX
ر.ق644.66
10 AVAX
ر.ق1,289.31
50 AVAX
ر.ق6,446.56
100 AVAX
ر.ق12,893.11
500 AVAX
ر.ق64,465.55
1000 AVAX
ر.ق128,931.1

QAR to AVAX

Amount18:56 today
0.5QAR0.003878  AVAX
1QAR0.007756  AVAX
5QAR0.03878  AVAX
10QAR0.07756  AVAX
50QAR0.3878  AVAX
100QAR0.7756  AVAX
500QAR3.88  AVAX
1000QAR7.76  AVAX
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Today vs. 24 hours ago

Amount18:56 today24 hours ago24h change
0.5 AVAX$17.77$18.52
-4.06%
1 AVAX$35.54$37.04
-4.06%
5 AVAX$177.69$185.21
-4.06%
10 AVAX$355.39$370.43
-4.06%
50 AVAX$1,776.94$1,852.14
-4.06%
100 AVAX$3,553.88$3,704.28
-4.06%
500 AVAX$17,769.38$18,521.38
-4.06%
1000 AVAX$35,538.77$37,042.77
-4.06%

Today vs. 1 month ago

Amount18:56 today1 month ago1M change
0.5 AVAX$17.77$17.54
+1.34%
1 AVAX$35.54$35.07
+1.34%
5 AVAX$177.69$175.35
+1.34%
10 AVAX$355.39$350.7
+1.34%
50 AVAX$1,776.94$1,753.51
+1.34%
100 AVAX$3,553.88$3,507.01
+1.34%
500 AVAX$17,769.38$17,535.06
+1.34%
1000 AVAX$35,538.77$35,070.11
+1.34%
Buy Avalanche for 1 QAR
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Today vs. 1 year ago

Amount18:56 today1 year ago1Y change
0.5 AVAX$17.77$7.34
+142.06%
1 AVAX$35.54$14.68
+142.06%
5 AVAX$177.69$73.42
+142.06%
10 AVAX$355.39$146.83
+142.06%
50 AVAX$1,776.94$734.17
+142.06%
100 AVAX$3,553.88$1,468.34
+142.06%
500 AVAX$17,769.38$7,341.71
+142.06%
1000 AVAX$35,538.77$14,683.41
+142.06%

Avalanche price prediction

What will the price of AVAX be in 2025?

Based on AVAX's historical price performance prediction model, the price of AVAX is projected to reach $39.88 in 2025.

What will the price of AVAX be in 2030?

In 2030, the AVAX price is expected to rise by -18.00%. By the end of 2030, the AVAX price is projected to reach $60.86, with a cumulative ROI of +71.25%.
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Buy Avalanche for 1 QAR
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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.