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NVX to QAR Converter and calculator

NVX/QAR: 1 NVX = 0.0006007 QAR. The price of converting 1 NovaDEX (NVX) to Qatari Rial (QAR) is 0.0006007 QAR today.
NVX
NVX
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NVX to QAR real-time exchange rates, making it easy to convert NovaDEX (NVX) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 NVX is currently valued at 0.00 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NVX is currently valued at 0.00 QAR, which means buying 5 NVX would cost 0.00 QAR. Similarly, ر.ق1 QAR can be converted to 1,664.67 NVX, and ر.ق50 QAR can be converted to 8,323.34 NVX, excluding any platform or gas fees.

Convert NVX to QAR

Convert QAR to NVX

NovaDEX
Qatari Rial
In the table above, you'll find a comprehensive NVX to QAR converter that shows the value of NovaDEX in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 NVX to QAR, all the way up to 10000 NVX, providing a clear view of their respective values.
Qatari Rial
NovaDEX
1000 QAR
1,664,668.87 NVX
2000 QAR
3,329,337.74 NVX
5000 QAR
8,323,344.35 NVX
10000 QAR
16,646,688.7 NVX
50000 QAR
83,233,443.48 NVX
100000 QAR
166,466,886.96 NVX
In the table above, you'll find a comprehensive QAR to NVX converter that shows the value of Qatari Rial in NovaDEX across commonly used conversion amounts. The list covers conversions from 1 QAR to NVX, all the way up to 100000 QAR, providing a clear view of their respective values.

NVX to QAR chart

NVX/QAR: 1 NVX = 0.0006007 QAR; 2025/04/30 09:34:37
In the past 1D, NovaDEX has changed -1.29% to QAR. Based on the trend and price charts, NovaDEX(NVX) has changed -1.29% to QAR while Qatari Rial(QAR) has changed % to NVX in the last 24 hours.
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NVX to QAR conversion data: Volatility and price changes of NovaDEX in QAR

The highest NovaDEX price in QAR over the past 7 days was 0.0006245 QAR while the lowest NovaDEX price in QAR over the past 7 days was 0.0005257 QAR. The relative change between the highs and lows in NovaDEX price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and NVX 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
0.0006086 QAR
0.0006245 QAR
0.0009423 QAR
0.01545 QAR
Low
0.0006007 QAR
0.0005257 QAR
0.0004658 QAR
0.0004658 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
-1.29%
-3.52%
-36.25%
-82.33%

NovaDEX information

NVX to QAR market statistics

NVX/QAR:
ر.ق0.0006007
NVX 24h volume:
--
NVX market cap:
--
NVX circulating supply:
0 NVX

Current NVX to QAR exchange rate

NovaDEX to Qatari Rial is falling this week.
NovaDEX's current market price is ر.ق0.0006007 per NVX, with a total market cap of ر.ق0 QAR based on a circulating supply of -- NVX. The trading volume of NovaDEX has changed by 0.00% (ر.ق0 QAR) in the last 24 hours. Last trading day, NVX's trading volume was ر.ق0.

More info about NovaDEX 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 NovaDEX currency pair is the NVX to QAR, with for NovaDEX's currency code being NVX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

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How to convert NVX to QAR

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NVX to QAR Conversion tables

The exchange rate of NovaDEX is decreasing.
The exchange rate of 1 NVX to Qatari Rial has changed by -3.52% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.29%, reaching a high of 0.0006086 QAR and a low of 0.0006007 QAR . One month ago, the value of 1 NVX was ر.ق0.0009423 QAR , which represents a -36.25% change from its current value. Over the last year, NovaDEX has changed by
-ر.ق
0.01195QAR
, resulting in a change of -95.21% in its value.
24 hours ago1 month ago1 year ago
Amount09:34 am today24 hours ago24h change
0.5 NVXر.ق0.0003004ر.ق0.0003043
-1.29%
1 NVXر.ق0.0006007ر.ق0.0006086
-1.29%
5 NVXر.ق0.003004ر.ق0.003043
-1.29%
10 NVXر.ق0.006007ر.ق0.006086
-1.29%
50 NVXر.ق0.03004ر.ق0.03043
-1.29%
100 NVXر.ق0.06007ر.ق0.06086
-1.29%
500 NVXر.ق0.3004ر.ق0.3043
-1.29%
1000 NVXر.ق0.6007ر.ق0.6086
-1.29%

NVX to QAR FAQ

How much is 1 NovaDEX in QAR?
Right now, the price of 1 NovaDEX (NVX) in Qatari Rial (QAR) is ر.ق0.0006007.
How much NVX can I buy for 1 QAR?
Based on the current exchange rate, you can get 1,664.67 NVX for 1 QAR.
How do I calculate or convert NVX to QAR?
You can use our NVX to QAR calculator at the top of this page to convert any amount of NVX to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 8,323.34 NVX, while 5 NVX will cost around 0.003004QAR.
What is the highest price of NVX/QAR in history?
The all-time high price of 1 NVX in QAR is ر.ق1.21. It remains to be seen if the value of 1 NVX/QAR will exceed the current all-time high.
What is the price trend of NovaDEX in QAR?
Over the past 7 days, the exchange rate of NovaDEX (NVX) has gone down by 3.52%.   Over the last month, the exchange rate of NovaDEX (NVX) has gone down by 36.25% against Qatari Rial (QAR).

What factors influence the conversion rate of NVX to QAR?

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

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