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Bitget: Ranked top 4 in global daily trading volume!
BTC dominance62.68%
New listings on Bitget: Pi Network
BTC/USDT$82492.33 (+4.16%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$149.5M (1D); -$653.5M (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 dominance62.68%
New listings on Bitget: Pi Network
BTC/USDT$82492.33 (+4.16%)Fear and Greed Index25(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$149.5M (1D); -$653.5M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
GNS
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 Gains Network(GNS) to Saudi Riyal(QAR). This is the real-time data. The current conversion shows 1 GNS at a value of 1 GNS for 4.69 QAR . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
QAR information
About Saudi Riyal (SAR)
The Saudi Riyal (SAR), introduced in 1925, is not just the official currency of Saudi Arabia; it is a symbol of the nation's economic prosperity and cultural heritage. It is commonly abbreviated as SAR and represented by the symbol ر.س. Emerging alongside the founding of Saudi Arabia, the Riyal reflects the country's transformation from a desert kingdom to a global oil powerhouse.
Historical Background
The establishment of the Saudi Riyal was a key step in consolidating the economic foundations of the newly formed Kingdom of Saudi Arabia. Replacing the Hejaz Riyal and other regional currencies, the Saudi Riyal marked the unification of the Kingdom's monetary system, mirroring its political consolidation under King Abdulaziz Al Saud.
Design and Symbolism
The design of the Saudi Riyal combines elements of Saudi Arabia's rich history and Islamic heritage. Banknotes and coins feature intricate Islamic art, images of the King, and landmarks such as the Kaaba in Mecca and the Kingdom Centre in Riyadh. These designs do more than facilitate transactions; they are a celebration of Saudi identity and pride.
Economic Role
The Riyal is central to Saudi Arabia’s economy, underpinned by the country's vast oil reserves. As the medium of exchange, it supports the oil sector, which dominates the economy, and facilitates other key sectors like construction, finance, and tourism. The Riyal’s stability is crucial for the country's economic health and its role in global energy markets.
Monetary Policy and Stability
Managed by the Saudi Arabian Monetary Authority (SAMA), the Riyal is pegged to the US Dollar, reflecting the longstanding economic relationship between Saudi Arabia and the United States, particularly in the oil sector. This peg provides stability to the Riyal, but it also ties its fortunes to the fluctuations of the US economy and dollar.
International Trade and the Saudi Riyal
In international trade, the stability of the Riyal, especially given its peg to the US Dollar, is crucial for Saudi Arabia's oil exports. A stable Riyal is vital for maintaining competitive oil prices in global markets and for the country's extensive import needs.
Remittances and Economic Impact
Remittances from expatriates working in Saudi Arabia, particularly in the oil, construction, and service sectors, are significant. While these remittances involve substantial outflows of Riyals, they also reflect the country's role as a major employer in the region.
Bitget crypto-to-fiat exchange data shows that the most popular Gains Network currency pair is the GNS to QAR, with for Gains Network's currency code being GNS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
GNS to QAR conversion rate trend
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In the past 1D, Gains Network has changed +6.49% to QAR. Based on the trend and price charts, Gains Network(GNS) has changed +6.49% to QAR while Saudi Riyal(QAR) has changed % to GNS in the last 24 hours.
GNS to QAR market statistics
GNS/QAR:
ر.ق 4.69
GNS 24h volume:
ر.ق 9,448,362.47
GNS market cap:
ر.ق 141,995,765.38
GNS circulating supply:
30.26M GNS
More info about Gains Network on Bitget
Current GNS to QAR exchange rate
Gains Network to Saudi Riyal is rising this week.Gains Network's current market price is ر.ق 4.69 per GNS, with a total market cap of ر.ق 141,995,765.38 QAR based on a circulating supply of 30,264,002 GNS. The trading volume of Gains Network has changed by -39.32% (ر.ق -6,123,363.06 QAR) in the last 24 hours. Last trading day, GNS's trading volume was ر.ق 15,571,725.54.
GNS to QAR Conversion tables
The exchange rate of Gains Network is decreasing.1 GNS is currently valued at ر.ق 4.69 QAR , which means buying 5 GNS will cost ر.ق 23.46 QAR . Similarly, ر.ق1 QAR can be traded for 0.2131 GNS, and ر.ق50 QAR can be converted to 10.66 GNS, excluding any platform or gas fees.
The exchange rate of 1 GNS to Saudi Riyal has changed by +2.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by +6.49%, reaching a high of 4.73 QAR and a low of 4.39 QAR . One month ago, the value of 1 GNS was ر.ق 5.07 QAR , which represents a -7.43% change from its current value. Over the last year, Gains Network has changed by , resulting in a change of -71.42% in its value.
-ر.ق
11.72QARGNS to QAR
Amount
15:54 today
0.5 GNS
ر.ق2.35
1 GNS
ر.ق4.69
5 GNS
ر.ق23.46
10 GNS
ر.ق46.92
50 GNS
ر.ق234.6
100 GNS
ر.ق469.19
500 GNS
ر.ق2,345.95
1000 GNS
ر.ق4,691.9
QAR to GNS
Amount15:54 today
0.5QAR0.1066 GNS
1QAR0.2131 GNS
5QAR1.07 GNS
10QAR2.13 GNS
50QAR10.66 GNS
100QAR21.31 GNS
500QAR106.57 GNS
1000QAR213.13 GNS
GNS to QAR Today vs. 24 hours ago
| Amount | 15:54 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 GNS | ر.ق2.35 | ر.ق2.2 | +6.49% |
| 1 GNS | ر.ق4.69 | ر.ق4.41 | +6.49% |
| 5 GNS | ر.ق23.46 | ر.ق22.03 | +6.49% |
| 10 GNS | ر.ق46.92 | ر.ق44.06 | +6.49% |
| 50 GNS | ر.ق234.6 | ر.ق220.3 | +6.49% |
| 100 GNS | ر.ق469.19 | ر.ق440.61 | +6.49% |
| 500 GNS | ر.ق2,345.95 | ر.ق2,203.04 | +6.49% |
| 1000 GNS | ر.ق4,691.9 | ر.ق4,406.07 | +6.49% |
GNS to QAR Today vs. 1 month ago
| Amount | 15:54 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 GNS | ر.ق2.35 | ر.ق2.53 | -7.43% |
| 1 GNS | ر.ق4.69 | ر.ق5.07 | -7.43% |
| 5 GNS | ر.ق23.46 | ر.ق25.34 | -7.43% |
| 10 GNS | ر.ق46.92 | ر.ق50.69 | -7.43% |
| 50 GNS | ر.ق234.6 | ر.ق253.43 | -7.43% |
| 100 GNS | ر.ق469.19 | ر.ق506.85 | -7.43% |
| 500 GNS | ر.ق2,345.95 | ر.ق2,534.27 | -7.43% |
| 1000 GNS | ر.ق4,691.9 | ر.ق5,068.54 | -7.43% |
GNS to QAR Today vs. 1 year ago
| Amount | 15:54 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 GNS | ر.ق2.35 | ر.ق8.21 | -71.42% |
| 1 GNS | ر.ق4.69 | ر.ق16.42 | -71.42% |
| 5 GNS | ر.ق23.46 | ر.ق82.08 | -71.42% |
| 10 GNS | ر.ق46.92 | ر.ق164.17 | -71.42% |
| 50 GNS | ر.ق234.6 | ر.ق820.83 | -71.42% |
| 100 GNS | ر.ق469.19 | ر.ق1,641.65 | -71.42% |
| 500 GNS | ر.ق2,345.95 | ر.ق8,208.27 | -71.42% |
| 1000 GNS | ر.ق4,691.9 | ر.ق16,416.53 | -71.42% |
How to convert GNS to QAR
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Convert GNS to QAR
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Buy GNS (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of GNS with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy GNS with USDT via Bitget spot market.
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Sell GNS (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of GNS to QAR. However, you can first exchange GNS 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 GNS to QAR?
There are many factors that affect the relationship between Gains 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 GNS/QAR. When there is positive news in the market about the widespread adoption of GNS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GNS/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GNS/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 GNS/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 Gains Network and adjust their investment strategies accordingly in the evolving market.
Gains Network price prediction
What will the price of GNS be in 2026?
Based on GNS's historical price performance prediction model, the price of GNS is projected to reach $1.57 in 2026.
What will the price of GNS be in 2031?
In 2031, the GNS price is expected to change by +2.00%. By the end of 2031, the GNS price is projected to reach $2.71, with a cumulative ROI of +111.96%.
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Popular Gains Network Converter
Check out these popular currency conversions of Gains Network to several fiat currencies.
GNS to TWD
1 GNS to NT$ 41.59 TWD
GNS to CNY
1 GNS to ¥ 9.4 CNY
GNS to USD
1 GNS to $ 1.29 USD
GNS to EUR
1 GNS to € 1.13 EUR
GNS to CAD
1 GNS to $ 1.79 CAD
GNS to SAR
1 GNS to ر.س 4.83 SAR
GNS to KRW
1 GNS to ₩ 1,835.25 KRW
GNS to JPY
1 GNS to ¥ 184.1 JPY
GNS to GBP
1 GNS to £ 0.9825 GBP
GNS to BRL
1 GNS to R$ 7.56 BRL
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Explore other cryptocurrencies based on your interest in Gains Network.
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1 ORCA to ر.ق 11.4 QAR
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1 CRV to ر.ق 2.26 QAR
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1 BIGTIME to ر.ق 0.2619 QAR
VIRTUAL to QAR
1 VIRTUAL to ر.ق 1.91 QAR
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1 JASMY to ر.ق 0.04628 QAR
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1 XCN to ر.ق 0.08737 QAR
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1 AUCTION to ر.ق 46.72 QAR
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1 POPCAT to ر.ق 0.8065 QAR
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1 CAKE to ر.ق 7.34 QAR
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1 AERGO to ر.ق 0.7836 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 Gains Network 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 Gains Network 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 Gains Network 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.
