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Avalanche to Qatari Rial Converter and calculator

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Convert 1Avalanche (AVAX) to Qatari Rial (QAR) equals ر.ق 70.73 | Bitget
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Last updated as of 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 70.73 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.

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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 -0.50% to QAR. Based on the trend and price charts, Avalanche(AVAX) has changed -0.50% to QAR while Qatari Rial(QAR) has changed % to AVAX in the last 24 hours.

AVAX to QAR market statistics

AVAX/QAR:
ر.ق 70.73
AVAX 24h volume:
ر.ق 573,073,143.22
AVAX market cap:
ر.ق 29,332,556,378.36
AVAX circulating supply:
414.73M AVAX

Current AVAX to QAR exchange rate

Avalanche to Qatari Rial is rising this week.
Avalanche's current market price is ر.ق 70.73 per AVAX, with a total market cap of ر.ق 29,332,556,378.36 QAR based on a circulating supply of 414,734,660 AVAX. The trading volume of Avalanche has changed by -10.33% (ر.ق -66,011,713.99 QAR) in the last 24 hours. Last trading day, AVAX's trading volume was ر.ق 639,084,857.21.

AVAX to QAR Conversion tables

The exchange rate of Avalanche is decreasing.
1 AVAX is currently valued at ر.ق 70.73 QAR , which means buying 5 AVAX will cost ر.ق 353.63 QAR . Similarly, ر.ق1 QAR can be traded for 0.01414 AVAX, and ر.ق50 QAR can be converted to 0.7070 AVAX, excluding any platform or gas fees.
The exchange rate of 1 AVAX to Qatari Rial has changed by +4.08% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.50%, reaching a high of 71.81 QAR and a low of 70.37 QAR . One month ago, the value of 1 AVAX was ر.ق 89.6 QAR , which represents a -21.07% change from its current value. Over the last year, Avalanche has changed by
-ر.ق
129.8QAR
, resulting in a change of -64.73% in its value.

AVAX to QAR

Amount
17:57 today
0.5 AVAX
ر.ق35.36
1 AVAX
ر.ق70.73
5 AVAX
ر.ق353.63
10 AVAX
ر.ق707.26
50 AVAX
ر.ق3,536.3
100 AVAX
ر.ق7,072.61
500 AVAX
ر.ق35,363.04
1000 AVAX
ر.ق70,726.08

QAR to AVAX

Amount17:57 today
0.5QAR0.007070  AVAX
1QAR0.01414  AVAX
5QAR0.07070  AVAX
10QAR0.1414  AVAX
50QAR0.7070  AVAX
100QAR1.41  AVAX
500QAR7.07  AVAX
1000QAR14.14  AVAX
Buy AVAX now

AVAX to QAR Today vs. 24 hours ago

Amount17:57 today24 hours ago24h change
0.5 AVAXر.ق35.36ر.ق35.54
-0.50%
1 AVAXر.ق70.73ر.ق71.08
-0.50%
5 AVAXر.ق353.63ر.ق355.41
-0.50%
10 AVAXر.ق707.26ر.ق710.83
-0.50%
50 AVAXر.ق3,536.3ر.ق3,554.13
-0.50%
100 AVAXر.ق7,072.61ر.ق7,108.27
-0.50%
500 AVAXر.ق35,363.04ر.ق35,541.35
-0.50%
1000 AVAXر.ق70,726.08ر.ق71,082.69
-0.50%

AVAX to QAR Today vs. 1 month ago

Amount17:57 today1 month ago1M change
0.5 AVAXر.ق35.36ر.ق44.8
-21.07%
1 AVAXر.ق70.73ر.ق89.6
-21.07%
5 AVAXر.ق353.63ر.ق448.02
-21.07%
10 AVAXر.ق707.26ر.ق896.05
-21.07%
50 AVAXر.ق3,536.3ر.ق4,480.23
-21.07%
100 AVAXر.ق7,072.61ر.ق8,960.46
-21.07%
500 AVAXر.ق35,363.04ر.ق44,802.3
-21.07%
1000 AVAXر.ق70,726.08ر.ق89,604.6
-21.07%

AVAX to QAR Today vs. 1 year ago

Amount17:57 today1 year ago1Y change
0.5 AVAXر.ق35.36ر.ق100.26
-64.73%
1 AVAXر.ق70.73ر.ق200.52
-64.73%
5 AVAXر.ق353.63ر.ق1,002.61
-64.73%
10 AVAXر.ق707.26ر.ق2,005.22
-64.73%
50 AVAXر.ق3,536.3ر.ق10,026.08
-64.73%
100 AVAXر.ق7,072.61ر.ق20,052.16
-64.73%
500 AVAXر.ق35,363.04ر.ق100,260.82
-64.73%
1000 AVAXر.ق70,726.08ر.ق200,521.64
-64.73%

How to convert AVAX to QAR

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Convert AVAX to QAR
Use a variety of payment options to buy Avalanche on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of AVAX with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy AVAX with USDT via Bitget spot market.
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Sell AVAX (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading currently does not support direct selling of AVAX to QAR. However, you can first exchange AVAX 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
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What factors influence the conversion rate of AVAX to QAR?

There are many factors that affect the relationship between Avalanche and Qatari Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of AVAX/QAR. When there is positive news in the market about the widespread adoption of AVAX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of AVAX/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in AVAX/QAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of AVAX/QAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Avalanche and adjust their investment strategies accordingly in the evolving market.

Avalanche price prediction

What will the price of AVAX be in 2026?

Based on AVAX's historical price performance prediction model, the price of AVAX is projected to reach $23.22 in 2026.

What will the price of AVAX be in 2031?

In 2031, the AVAX price is expected to change by +48.00%. By the end of 2031, the AVAX price is projected to reach $71.69, with a cumulative ROI of +264.79%.

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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 Avalanche 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 Avalanche 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 Avalanche 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.