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Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.93%
BTC/USDT$83060.13 (-1.27%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share61.93%
BTC/USDT$83060.13 (-1.27%)Fear and Greed Index30(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
SBD
QAR
Last updated as of 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 Steem Dollars(SBD) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 SBD at a value of 1 SBD for 3.52 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 Steem Dollars currency pair is the SBD to QAR, with for Steem Dollars's currency code being SBD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
SBD to QAR conversion rate trend
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In the past 1D, Steem Dollars has changed +9.73% to QAR. Based on the trend and price charts, Steem Dollars(SBD) has changed +9.73% to QAR while Qatari Rial(QAR) has changed % to SBD in the last 24 hours.
SBD to QAR market statistics
SBD/QAR:
ر.ق 3.52
SBD 24h volume:
ر.ق 2,100,541.71
SBD market cap:
ر.ق 34,507,007.55
SBD circulating supply:
9.80M SBD
More info about Steem Dollars on Bitget
Current SBD to QAR exchange rate
Steem Dollars to Qatari Rial is rising this week.Steem Dollars's current market price is ر.ق 3.52 per SBD, with a total market cap of ر.ق 34,507,007.55 QAR based on a circulating supply of 9,801,650 SBD. The trading volume of Steem Dollars has changed by -60.65% (ر.ق -3,237,827.99 QAR) in the last 24 hours. Last trading day, SBD's trading volume was ر.ق 5,338,369.69.
SBD to QAR Conversion tables
The exchange rate of Steem Dollars is increasing.1 SBD is currently valued at ر.ق 3.52 QAR , which means buying 5 SBD will cost ر.ق 17.6 QAR . Similarly, ر.ق1 QAR can be traded for 0.2840 SBD, and ر.ق50 QAR can be converted to 14.2 SBD, excluding any platform or gas fees.
The exchange rate of 1 SBD to Qatari Rial has changed by +30.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.73%, reaching a high of 6.5 QAR and a low of 3.15 QAR . One month ago, the value of 1 SBD was ر.ق 3.24 QAR , which represents a +8.91% change from its current value. Over the last year, Steem Dollars has changed by , resulting in a change of -78.59% in its value.
-ر.ق
12.8QARSBD to QAR
Amount
18:54 today
0.5 SBD
ر.ق1.76
1 SBD
ر.ق3.52
5 SBD
ر.ق17.6
10 SBD
ر.ق35.21
50 SBD
ر.ق176.03
100 SBD
ر.ق352.05
500 SBD
ر.ق1,760.27
1000 SBD
ر.ق3,520.53
QAR to SBD
Amount18:54 today
0.5QAR0.1420 SBD
1QAR0.2840 SBD
5QAR1.42 SBD
10QAR2.84 SBD
50QAR14.2 SBD
100QAR28.4 SBD
500QAR142.02 SBD
1000QAR284.05 SBD
SBD to QAR Today vs. 24 hours ago
| Amount | 18:54 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SBD | ر.ق1.76 | ر.ق1.61 | +9.73% |
| 1 SBD | ر.ق3.52 | ر.ق3.21 | +9.73% |
| 5 SBD | ر.ق17.6 | ر.ق16.06 | +9.73% |
| 10 SBD | ر.ق35.21 | ر.ق32.11 | +9.73% |
| 50 SBD | ر.ق176.03 | ر.ق160.57 | +9.73% |
| 100 SBD | ر.ق352.05 | ر.ق321.15 | +9.73% |
| 500 SBD | ر.ق1,760.27 | ر.ق1,605.74 | +9.73% |
| 1000 SBD | ر.ق3,520.53 | ر.ق3,211.48 | +9.73% |
SBD to QAR Today vs. 1 month ago
| Amount | 18:54 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SBD | ر.ق1.76 | ر.ق1.62 | +8.91% |
| 1 SBD | ر.ق3.52 | ر.ق3.24 | +8.91% |
| 5 SBD | ر.ق17.6 | ر.ق16.18 | +8.91% |
| 10 SBD | ر.ق35.21 | ر.ق32.35 | +8.91% |
| 50 SBD | ر.ق176.03 | ر.ق161.76 | +8.91% |
| 100 SBD | ر.ق352.05 | ر.ق323.53 | +8.91% |
| 500 SBD | ر.ق1,760.27 | ر.ق1,617.64 | +8.91% |
| 1000 SBD | ر.ق3,520.53 | ر.ق3,235.28 | +8.91% |
SBD to QAR Today vs. 1 year ago
| Amount | 18:54 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SBD | ر.ق1.76 | ر.ق8.16 | -78.59% |
| 1 SBD | ر.ق3.52 | ر.ق16.32 | -78.59% |
| 5 SBD | ر.ق17.6 | ر.ق81.6 | -78.59% |
| 10 SBD | ر.ق35.21 | ر.ق163.19 | -78.59% |
| 50 SBD | ر.ق176.03 | ر.ق815.97 | -78.59% |
| 100 SBD | ر.ق352.05 | ر.ق1,631.93 | -78.59% |
| 500 SBD | ر.ق1,760.27 | ر.ق8,159.67 | -78.59% |
| 1000 SBD | ر.ق3,520.53 | ر.ق16,319.35 | -78.59% |
How to convert SBD to QAR
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Convert SBD to QAR
Use a variety of payment options to buy Steem Dollars on Bitget. We'll show you how.
Buy SBD (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of SBD with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy SBD with USDT via Bitget spot market.
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|---|
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Sell SBD (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of SBD to QAR. However, you can first exchange SBD 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 SBD to QAR?
There are many factors that affect the relationship between Steem Dollars 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 SBD/QAR. When there is positive news in the market about the widespread adoption of SBD or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SBD/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SBD/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 SBD/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 Steem Dollars and adjust their investment strategies accordingly in the evolving market.
Steem Dollars price prediction
What will the price of SBD be in 2026?
Based on SBD's historical price performance prediction model, the price of SBD is projected to reach $0.7081 in 2026.
What will the price of SBD be in 2031?
In 2031, the SBD price is expected to change by +7.00%. By the end of 2031, the SBD price is projected to reach $1.41, with a cumulative ROI of +104.66%.
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Popular Steem Dollars Converter
Check out these popular currency conversions of Steem Dollars to several fiat currencies.
SBD to TWD
1 SBD to NT$ 32.05 TWD
SBD to QAR
1 SBD to ر.ق 3.52 QAR
SBD to CNY
1 SBD to ¥ 7.04 CNY
SBD to USD
1 SBD to $ 0.9657 USD
SBD to EUR
1 SBD to € 0.8811 EUR
SBD to CAD
1 SBD to $ 1.37 CAD
SBD to KRW
1 SBD to ₩ 1,409.48 KRW
SBD to JPY
1 SBD to ¥ 142 JPY
SBD to GBP
1 SBD to £ 0.7498 GBP
SBD to BRL
1 SBD to R$ 5.64 BRL
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Steem Dollars.
PI to QAR
1 PI to ر.ق 2.16 QAR
FIL to QAR
1 FIL to ر.ق 9.81 QAR
ATOM to QAR
1 ATOM to ر.ق 17.78 QAR
USUAL to QAR
1 USUAL to ر.ق 0.4110 QAR
BTC to QAR
1 BTC to ر.ق 302,291.75 QAR
CRTS to QAR
1 CRTS to ر.ق 0.001478 QAR
ZRO to QAR
1 ZRO to ر.ق 10.81 QAR
VIDT to QAR
1 VIDT to ر.ق 0.08820 QAR
AMP to QAR
1 AMP to ر.ق 0.01314 QAR
BERA to QAR
1 BERA to ر.ق 20.4 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 Steem Dollars 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 Steem Dollars 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 Steem Dollars 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.
