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DAMEX to QAR Converter and calculator

DAMEX/QAR: 1 DAMEX = 0.0002912 QAR. The price of converting 1 Damex Token (DAMEX) to Qatari Rial (QAR) is 0.0002912 QAR today.
DAMEX
DAMEX
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides DAMEX to QAR real-time exchange rates, making it easy to convert Damex Token (DAMEX) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 DAMEX is currently valued at 0.00 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 DAMEX is currently valued at 0.00 QAR, which means buying 5 DAMEX would cost 0.00 QAR. Similarly, ر.ق1 QAR can be converted to 3,433.67 DAMEX, and ر.ق50 QAR can be converted to 17,168.35 DAMEX, excluding any platform or gas fees.

Convert DAMEX to QAR

Convert QAR to DAMEX

Damex Token
Qatari Rial
1 DAMEX
0.0002912  QAR
2 DAMEX
0.0005825  QAR
5 DAMEX
0.001456  QAR
10 DAMEX
0.002912  QAR
20 DAMEX
0.005825  QAR
50 DAMEX
0.01456  QAR
100 DAMEX
0.02912  QAR
200 DAMEX
0.05825  QAR
500 DAMEX
0.1456  QAR
1000 DAMEX
0.2912  QAR
10000 DAMEX
2.91  QAR
In the table above, you'll find a comprehensive DAMEX to QAR converter that shows the value of Damex Token in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 DAMEX to QAR, all the way up to 10000 DAMEX, providing a clear view of their respective values.
Qatari Rial
Damex Token
50 QAR
171,683.53 DAMEX
100 QAR
343,367.06 DAMEX
200 QAR
686,734.12 DAMEX
500 QAR
1,716,835.31 DAMEX
1000 QAR
3,433,670.61 DAMEX
2000 QAR
6,867,341.22 DAMEX
5000 QAR
17,168,353.05 DAMEX
10000 QAR
34,336,706.11 DAMEX
50000 QAR
171,683,530.53 DAMEX
100000 QAR
343,367,061.06 DAMEX
In the table above, you'll find a comprehensive QAR to DAMEX converter that shows the value of Qatari Rial in Damex Token across commonly used conversion amounts. The list covers conversions from 1 QAR to DAMEX, all the way up to 100000 QAR, providing a clear view of their respective values.

DAMEX to QAR chart

DAMEX/QAR: 1 DAMEX = 0.0002912 QAR; 2025/04/30 02:46:47
In the past 1D, Damex Token has changed -0.00% to QAR. Based on the trend and price charts, Damex Token(DAMEX) has changed -0.00% to QAR while Qatari Rial(QAR) has changed % to DAMEX in the last 24 hours.
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DAMEX to QAR conversion data: Volatility and price changes of Damex Token in QAR

The highest Damex Token price in QAR over the past 7 days was 0.0002912 QAR while the lowest Damex Token price in QAR over the past 7 days was 0.0002912 QAR. The relative change between the highs and lows in Damex Token price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and DAMEX to QAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.0002912 QAR
0.0002912 QAR
0.0002912 QAR
0.01094 QAR
Low
0.0002912 QAR
0.0002912 QAR
0.0002912 QAR
0.0002911 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
-0.00%
-0.00%
-0.00%
-87.10%

Damex Token information

DAMEX to QAR market statistics

DAMEX/QAR:
ر.ق0.0002912
DAMEX 24h volume:
--
DAMEX market cap:
ر.ق15,457.59
DAMEX circulating supply:
53.08M DAMEX

Current DAMEX to QAR exchange rate

Damex Token to Qatari Rial is falling this week.
Damex Token's current market price is ر.ق0.0002912 per DAMEX, with a total market cap of ر.ق15,457.59 QAR based on a circulating supply of 53,076,276 DAMEX. The trading volume of Damex Token has changed by 0.00% (ر.ق0 QAR) in the last 24 hours. Last trading day, DAMEX's trading volume was ر.ق0.

More info about Damex Token on Bitget

Qatari Rial 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 Damex Token currency pair is the DAMEX to QAR, with for Damex Token's currency code being DAMEX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

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How to convert DAMEX to QAR

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Bitget P2P trading does not currently support direct buying of DAMEX with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy DAMEX with USDT via Bitget spot market.
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DAMEX to QAR Conversion tables

The exchange rate of Damex Token is decreasing.
The exchange rate of 1 DAMEX to Qatari Rial has changed by -0.00% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.00%, reaching a high of 0.0002912 QAR and a low of 0.0002912 QAR . One month ago, the value of 1 DAMEX was ر.ق0.0002912 QAR , which represents a -0.00% change from its current value. Over the last year, Damex Token has changed by
-ر.ق
0.1121QAR
, resulting in a change of -99.74% in its value.
24 hours ago1 month ago1 year ago
Amount02:46 am today24 hours ago24h change
0.5 DAMEXر.ق0.0001456ر.ق0.0001456
-0.00%
1 DAMEXر.ق0.0002912ر.ق0.0002912
-0.00%
5 DAMEXر.ق0.001456ر.ق0.001456
-0.00%
10 DAMEXر.ق0.002912ر.ق0.002912
-0.00%
50 DAMEXر.ق0.01456ر.ق0.01456
-0.00%
100 DAMEXر.ق0.02912ر.ق0.02912
-0.00%
500 DAMEXر.ق0.1456ر.ق0.1456
-0.00%
1000 DAMEXر.ق0.2912ر.ق0.2912
-0.00%

DAMEX to QAR FAQ

How much is 1 Damex Token in QAR?
Right now, the price of 1 Damex Token (DAMEX) in Qatari Rial (QAR) is ر.ق0.0002912.
How much DAMEX can I buy for 1 QAR?
Based on the current exchange rate, you can get 3,433.67 DAMEX for 1 QAR.
How do I calculate or convert DAMEX to QAR?
You can use our DAMEX to QAR calculator at the top of this page to convert any amount of DAMEX to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 17,168.35 DAMEX, while 5 DAMEX will cost around 0.001456QAR.
What is the highest price of DAMEX/QAR in history?
The all-time high price of 1 DAMEX in QAR is ر.ق1.09. It remains to be seen if the value of 1 DAMEX/QAR will exceed the current all-time high.
What is the price trend of Damex Token in QAR?
Over the past 7 days, the exchange rate of Damex Token (DAMEX) has gone down by 0.00%.   Over the last month, the exchange rate of Damex Token (DAMEX) has gone down by 0.00% against Qatari Rial (QAR).

What factors influence the conversion rate of DAMEX to QAR?

There are many factors that affect the relationship between Damex Token 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 DAMEX/QAR. When there is positive news in the market about the widespread adoption of DAMEX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of DAMEX/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in DAMEX/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.
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 DAMEX/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 Damex Token and adjust their investment strategies accordingly in the evolving market.

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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.