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SHFT to QAR Converter and calculator

SHFT/QAR: 1 SHFT = 0.001285 QAR. The price of converting 1 Shyft Network (SHFT) to Qatari Rial (QAR) is 0.001285 QAR today.
SHFT
SHFT
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHFT to QAR real-time exchange rates, making it easy to convert Shyft Network (SHFT) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 SHFT is currently valued at 0.00 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHFT is currently valued at 0.00 QAR, which means buying 5 SHFT would cost 0.01 QAR. Similarly, ر.ق1 QAR can be converted to 778.07 SHFT, and ر.ق50 QAR can be converted to 3,890.34 SHFT, excluding any platform or gas fees.

Convert SHFT to QAR

Convert QAR to SHFT

Shyft Network
Qatari Rial
10000 SHFT
12.85  QAR
In the table above, you'll find a comprehensive SHFT to QAR converter that shows the value of Shyft Network in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 SHFT to QAR, all the way up to 10000 SHFT, providing a clear view of their respective values.
Qatari Rial
Shyft Network
200 QAR
155,613.51 SHFT
500 QAR
389,033.78 SHFT
1000 QAR
778,067.57 SHFT
2000 QAR
1,556,135.13 SHFT
5000 QAR
3,890,337.83 SHFT
10000 QAR
7,780,675.67 SHFT
50000 QAR
38,903,378.35 SHFT
100000 QAR
77,806,756.7 SHFT
In the table above, you'll find a comprehensive QAR to SHFT converter that shows the value of Qatari Rial in Shyft Network across commonly used conversion amounts. The list covers conversions from 1 QAR to SHFT, all the way up to 100000 QAR, providing a clear view of their respective values.

SHFT to QAR chart

SHFT/QAR: 1 SHFT = 0.001285 QAR; 2025/05/01 12:53:45
In the past 1D, Shyft Network has changed +13.67% to QAR. Based on the trend and price charts, Shyft Network(SHFT) has changed +13.67% to QAR while Qatari Rial(QAR) has changed % to SHFT in the last 24 hours.
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SHFT to QAR conversion data: Volatility and price changes of Shyft Network in QAR

The highest Shyft Network price in QAR over the past 7 days was 0.001439 QAR while the lowest Shyft Network price in QAR over the past 7 days was 0.001113 QAR. The relative change between the highs and lows in Shyft Network price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and SHFT 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
0.001314 QAR
0.001439 QAR
0.001687 QAR
0.002823 QAR
Low
0.001130 QAR
0.001113 QAR
0.0007952 QAR
0.0007952 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
+13.67%
-17.60%
+40.94%
-28.71%

Shyft Network information

SHFT to QAR market statistics

SHFT/QAR:
ر.ق0.001285
SHFT 24h volume:
ر.ق63,033.88
SHFT market cap:
ر.ق2,861,310.44
SHFT circulating supply:
2.23B SHFT

Current SHFT to QAR exchange rate

Shyft Network to Qatari Rial is falling this week.
Shyft Network's current market price is ر.ق0.001285 per SHFT, with a total market cap of ر.ق2,861,310.44 QAR based on a circulating supply of 2,226,293,000 SHFT. The trading volume of Shyft Network has changed by +0.68% (ر.ق423.19 QAR) in the last 24 hours. Last trading day, SHFT's trading volume was ر.ق62,610.69.

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

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How to convert SHFT to QAR

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SHFT to QAR Conversion tables

The exchange rate of Shyft Network is increasing.
The exchange rate of 1 SHFT to Qatari Rial has changed by -17.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by +13.67%, reaching a high of 0.001314 QAR and a low of 0.001130 QAR . One month ago, the value of 1 SHFT was ر.ق0.0009117 QAR , which represents a +40.94% change from its current value. Over the last year, Shyft Network has changed by
-ر.ق
0.02819QAR
, resulting in a change of -95.64% in its value.
24 hours ago1 month ago1 year ago
Amount12:53 today24 hours ago24h change
0.5 SHFTر.ق0.0006426ر.ق0.0005653
+13.67%
1 SHFTر.ق0.001285ر.ق0.001131
+13.67%
5 SHFTر.ق0.006426ر.ق0.005653
+13.67%
10 SHFTر.ق0.01285ر.ق0.01131
+13.67%
50 SHFTر.ق0.06426ر.ق0.05653
+13.67%
100 SHFTر.ق0.1285ر.ق0.1131
+13.67%
500 SHFTر.ق0.6426ر.ق0.5653
+13.67%
1000 SHFTر.ق1.29ر.ق1.13
+13.67%

SHFT to QAR FAQ

How much is 1 Shyft Network in QAR?
Right now, the price of 1 Shyft Network (SHFT) in Qatari Rial (QAR) is ر.ق0.001285.
How much SHFT can I buy for 1 QAR?
Based on the current exchange rate, you can get 778.07 SHFT for 1 QAR.
How do I calculate or convert SHFT to QAR?
You can use our SHFT to QAR calculator at the top of this page to convert any amount of SHFT to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 3,890.34 SHFT, while 5 SHFT will cost around 0.006426QAR.
What is the highest price of SHFT/QAR in history?
The all-time high price of 1 SHFT in QAR is ر.ق23.3. It remains to be seen if the value of 1 SHFT/QAR will exceed the current all-time high.
What is the price trend of Shyft Network in QAR?
Over the past 7 days, the exchange rate of Shyft Network (SHFT) has gone down by 17.60%.   Over the last month, the exchange rate of Shyft Network (SHFT) has gone up by 40.94% against Qatari Rial (QAR).

What factors influence the conversion rate of SHFT to QAR?

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

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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.