REEF
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 Reef(REEF) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 REEF at a value of 1 REEF for 0.01 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 Reef currency pair is the REEF to QAR, with for Reef's currency code being REEF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
REEF to QAR conversion rate trend
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In the past 1D, Reef has changed +10.78% to QAR. Based on the trend and price charts, Reef(REEF) has changed +10.78% to QAR while Qatari Rial(QAR) has changed % to REEF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.005489 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ر.ق0.002505 | 0.1000% / 0.1000% | Yes |
Huobi | ر.ق0.005497 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.ق0.005514 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.ق0.005512 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/10 08:00:16(UTC+0)
How to buy Reef
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Buy Reef (REEF)
Use a variety of payment options to buy Reef on Bitget. We'll show you how.
Buy REEF (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of REEF with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy REEF with USDT via Bitget spot market.
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Sell REEF (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of REEF to QAR. However, you can first exchange REEF for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of Reef to Qatari Rial?
Reef to Qatari Rial is rising this week.Reef's current market price is ر.ق 0.005832 per REEF, with a total market cap of ر.ق 133,105,561.89 QAR based on a circulating supply of 22,821,409,000 REEF. The trading volume of Reef has changed by +63.88% (ر.ق 11,926,661.84 QAR) in the last 24 hours. Last trading day, REEF's trading volume was ر.ق 18,669,860.85.
Market cap
$36.56M
24h volume
$8.40M
Circulating supply
22.82B REEF
Conversion tables
The exchange rate of Reef is decreasing.1 REEF is currently valued at ر.ق 0.005832 QAR , which means buying 5 REEF will cost ر.ق 0.02916 QAR . Similarly, ر.ق1 QAR can be traded for 171.45 REEF, and ر.ق50 QAR can be converted to 8,572.67 REEF, excluding any platform or gas fees.
The exchange rate of 1 REEF to Qatari Rial has changed by +12.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by +10.78%, reaching a high of 0.005541 QAR and a low of 0.004710 QAR . One month ago, the value of 1 REEF was ر.ق 0.02728 QAR , which represents a -80.37% change from its current value. Over the last year, Reef has changed by , resulting in a change of -15.42% in its value.
-ر.ق
0.0009548QARREEF to QAR
Amount
09:33 am today
0.5 REEF
ر.ق0.002916
1 REEF
ر.ق0.005832
5 REEF
ر.ق0.02916
10 REEF
ر.ق0.05832
50 REEF
ر.ق0.2916
100 REEF
ر.ق0.5832
500 REEF
ر.ق2.92
1000 REEF
ر.ق5.83
QAR to REEF
Amount09:33 am today
0.5QAR85.73 REEF
1QAR171.45 REEF
5QAR857.27 REEF
10QAR1,714.53 REEF
50QAR8,572.67 REEF
100QAR17,145.35 REEF
500QAR85,726.73 REEF
1000QAR171,453.46 REEF
Today vs. 24 hours ago
| Amount | 09:33 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 REEF | $0.0008010 | $0.0007310 | +10.78% |
| 1 REEF | $0.001602 | $0.001462 | +10.78% |
| 5 REEF | $0.008010 | $0.007310 | +10.78% |
| 10 REEF | $0.01602 | $0.01462 | +10.78% |
| 50 REEF | $0.08010 | $0.07310 | +10.78% |
| 100 REEF | $0.1602 | $0.1462 | +10.78% |
| 500 REEF | $0.8010 | $0.7310 | +10.78% |
| 1000 REEF | $1.6 | $1.46 | +10.78% |
Today vs. 1 month ago
| Amount | 09:33 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 REEF | $0.0008010 | $0.003746 | -80.37% |
| 1 REEF | $0.001602 | $0.007492 | -80.37% |
| 5 REEF | $0.008010 | $0.03746 | -80.37% |
| 10 REEF | $0.01602 | $0.07492 | -80.37% |
| 50 REEF | $0.08010 | $0.3746 | -80.37% |
| 100 REEF | $0.1602 | $0.7492 | -80.37% |
| 500 REEF | $0.8010 | $3.75 | -80.37% |
| 1000 REEF | $1.6 | $7.49 | -80.37% |
Today vs. 1 year ago
| Amount | 09:33 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 REEF | $0.0008010 | $0.0009321 | -15.42% |
| 1 REEF | $0.001602 | $0.001864 | -15.42% |
| 5 REEF | $0.008010 | $0.009321 | -15.42% |
| 10 REEF | $0.01602 | $0.01864 | -15.42% |
| 50 REEF | $0.08010 | $0.09321 | -15.42% |
| 100 REEF | $0.1602 | $0.1864 | -15.42% |
| 500 REEF | $0.8010 | $0.9321 | -15.42% |
| 1000 REEF | $1.6 | $1.86 | -15.42% |
Reef price prediction
What will the price of REEF be in 2025?
Based on REEF's historical price performance prediction model, the price of REEF is projected to reach $0.001547 in 2025.
What will the price of REEF be in 2030?
In 2030, the REEF price is expected to change by +2.00%. By the end of 2030, the REEF price is projected to reach $0.002052, with a cumulative ROI of +71.52%.
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Popular Reef conversions
Check out these popular currency conversions of Reef to several fiat currencies.
Reef to USD
1 REEF to $ 0.001602 USD
Reef to GBP
1 REEF to £ 0.001240 GBP
Reef to EUR
1 REEF to € 0.001495 EUR
Reef to KRW
1 REEF to ₩ 2.24 KRW
Reef to CAD
1 REEF to $ 0.002229 CAD
Reef to AUD
1 REEF to $ 0.002435 AUD
Reef to JPY
1 REEF to ¥ 0.2446 JPY
Reef to BRL
1 REEF to R$ 0.009192 BRL
Reef to CNY
1 REEF to ¥ 0.01150 CNY
Reef to TWD
1 REEF to NT$ 0.05167 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Reef.
Bitcoin to QAR
1 BTC to ر.ق 288,616.81 QAR
Sui to QAR
1 SUI to ر.ق 11.33 QAR
X Empire to QAR
1 X to ر.ق 0.001052 QAR
Cardano to QAR
1 ADA to ر.ق 2.11 QAR
Hamster Kombat to QAR
1 HMSTR to ر.ق -- QAR
Shiba Inu to QAR
1 SHIB to ر.ق 0.{4}8228 QAR
Grass to QAR
1 GRASS to ر.ق -- QAR
Dogecoin to QAR
1 DOGE to ر.ق 0.8435 QAR
Drift to QAR
1 DRIFT to ر.ق 6.24 QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}4274 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 Reef 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 Reef 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 Reef 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.
