MGP
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 Magpie(MGP) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 MGP at a value of 1 MGP for 0.31 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 Magpie currency pair is the MGP to QAR, with for Magpie's currency code being MGP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
MGP to QAR conversion rate trend
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In the past 1D, Magpie has changed -3.12% to QAR. Based on the trend and price charts, Magpie(MGP) has changed -3.12% to QAR while Qatari Rial(QAR) has changed % to MGP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.3126 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/18 08:32:32(UTC+0)
How to buy Magpie
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Magpie (MGP)
Use a variety of payment options to buy Magpie on Bitget. We'll show you how.
Buy MGP (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of MGP with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy MGP with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell MGP (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of MGP to QAR. However, you can first exchange MGP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Magpie to Qatari Rial?
Magpie to Qatari Rial is falling this week.Magpie's current market price is ر.ق 0.3055 per MGP, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- MGP. The trading volume of Magpie has changed by +35.22% (ر.ق 83,857.89 QAR) in the last 24 hours. Last trading day, MGP's trading volume was ر.ق 238,129.8.
Market cap
$0
24h volume
$88.24K
Circulating supply
0 MGP
Conversion tables
The exchange rate of Magpie is increasing.1 MGP is currently valued at ر.ق 0.3055 QAR , which means buying 5 MGP will cost ر.ق 1.53 QAR . Similarly, ر.ق1 QAR can be traded for 3.27 MGP, and ر.ق50 QAR can be converted to 163.66 MGP, excluding any platform or gas fees.
The exchange rate of 1 MGP to Qatari Rial has changed by -4.40% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.12%, reaching a high of 0.3137 QAR and a low of 0.3032 QAR . One month ago, the value of 1 MGP was ر.ق 0.2664 QAR , which represents a +15.00% change from its current value. Over the last year, Magpie has changed by , resulting in a change of +69.60% in its value.
+ر.ق
0.1231QARMGP to QAR
Amount
15:36 today
0.5 MGP
ر.ق0.1528
1 MGP
ر.ق0.3055
5 MGP
ر.ق1.53
10 MGP
ر.ق3.06
50 MGP
ر.ق15.28
100 MGP
ر.ق30.55
500 MGP
ر.ق152.76
1000 MGP
ر.ق305.52
QAR to MGP
Amount15:36 today
0.5QAR1.64 MGP
1QAR3.27 MGP
5QAR16.37 MGP
10QAR32.73 MGP
50QAR163.66 MGP
100QAR327.31 MGP
500QAR1,636.55 MGP
1000QAR3,273.11 MGP
Today vs. 24 hours ago
| Amount | 15:36 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MGP | $0.04186 | $0.04319 | -3.12% |
| 1 MGP | $0.08373 | $0.08638 | -3.12% |
| 5 MGP | $0.4186 | $0.4319 | -3.12% |
| 10 MGP | $0.8373 | $0.8638 | -3.12% |
| 50 MGP | $4.19 | $4.32 | -3.12% |
| 100 MGP | $8.37 | $8.64 | -3.12% |
| 500 MGP | $41.86 | $43.19 | -3.12% |
| 1000 MGP | $83.73 | $86.38 | -3.12% |
Today vs. 1 month ago
| Amount | 15:36 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MGP | $0.04186 | $0.03650 | +15.00% |
| 1 MGP | $0.08373 | $0.07300 | +15.00% |
| 5 MGP | $0.4186 | $0.3650 | +15.00% |
| 10 MGP | $0.8373 | $0.7300 | +15.00% |
| 50 MGP | $4.19 | $3.65 | +15.00% |
| 100 MGP | $8.37 | $7.3 | +15.00% |
| 500 MGP | $41.86 | $36.5 | +15.00% |
| 1000 MGP | $83.73 | $73 | +15.00% |
Today vs. 1 year ago
| Amount | 15:36 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MGP | $0.04186 | $0.02499 | +69.60% |
| 1 MGP | $0.08373 | $0.04999 | +69.60% |
| 5 MGP | $0.4186 | $0.2499 | +69.60% |
| 10 MGP | $0.8373 | $0.4999 | +69.60% |
| 50 MGP | $4.19 | $2.5 | +69.60% |
| 100 MGP | $8.37 | $5 | +69.60% |
| 500 MGP | $41.86 | $24.99 | +69.60% |
| 1000 MGP | $83.73 | $49.99 | +69.60% |
Magpie price prediction
What will the price of MGP be in 2025?
Based on MGP's historical price performance prediction model, the price of MGP is projected to reach $0.09892 in 2025.
What will the price of MGP be in 2030?
In 2030, the MGP price is expected to change by -15.00%. By the end of 2030, the MGP price is projected to reach $0.1314, with a cumulative ROI of +52.65%.
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Popular Magpie conversions
Check out these popular currency conversions of Magpie to several fiat currencies.
Magpie to USD
1 MGP to $ 0.08373 USD
Magpie to GBP
1 MGP to £ 0.06631 GBP
Magpie to EUR
1 MGP to € 0.07938 EUR
Magpie to KRW
1 MGP to ₩ 117.01 KRW
Magpie to CAD
1 MGP to $ 0.1180 CAD
Magpie to AUD
1 MGP to $ 0.1298 AUD
Magpie to JPY
1 MGP to ¥ 13 JPY
Magpie to BRL
1 MGP to R$ 0.4850 BRL
Magpie to CNY
1 MGP to ¥ 0.6067 CNY
Magpie to TWD
1 MGP to NT$ 2.73 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Magpie.
XRP to QAR
1 XRP to ر.ق 4.19 QAR
Cardano to QAR
1 ADA to ر.ق 2.7 QAR
Hooked Protocol to QAR
1 HOOK to ر.ق 1.56 QAR
Solana to QAR
1 SOL to ر.ق 881.33 QAR
Dogecoin to QAR
1 DOGE to ر.ق 1.33 QAR
Aevo to QAR
1 AEVO to ر.ق 1.42 QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}7607 QAR
Peanut the Squirrel to QAR
1 PNUT to ر.ق 5.95 QAR
Bonk to QAR
1 BONK to ر.ق 0.0001828 QAR
Hedera to QAR
1 HBAR to ر.ق 0.4345 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 Magpie 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 Magpie 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 Magpie 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.
