TUP to QAR Converter and calculator


Conversion rates
Convert TUP to QAR
Convert QAR to TUP
TUP to QAR chart
TUP to QAR conversion data: Volatility and price changes of TenUp in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.03344 QAR | 0.03634 QAR | 0.03634 QAR | 0.06519 QAR |
Low | 0.03125 QAR | 0.03008 QAR | 0.02787 QAR | 0.02658 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -0.12% | +6.28% | +1.02% | -47.45% |
TenUp information
TUP to QAR market statistics
Current TUP to QAR exchange rate
TenUp to Qatari Rial is rising this week.More info about TenUp 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.
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TUP to QAR Conversion tables
Amount | 04:18 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 TUP | ر.ق0.01637 | ر.ق0.01639 | -0.12% |
1 TUP | ر.ق0.03274 | ر.ق0.03278 | -0.12% |
5 TUP | ر.ق0.1637 | ر.ق0.1639 | -0.12% |
10 TUP | ر.ق0.3274 | ر.ق0.3278 | -0.12% |
50 TUP | ر.ق1.64 | ر.ق1.64 | -0.12% |
100 TUP | ر.ق3.27 | ر.ق3.28 | -0.12% |
500 TUP | ر.ق16.37 | ر.ق16.39 | -0.12% |
1000 TUP | ر.ق32.74 | ر.ق32.78 | -0.12% |
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