MAD
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 MAD(MAD) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 MAD at a value of 1 MAD for 0.00 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 MAD currency pair is the MAD to QAR, with for MAD's currency code being MAD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
MAD to QAR conversion rate trend
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In the past 1D, MAD has changed -40.32% to QAR. Based on the trend and price charts, MAD(MAD) has changed -40.32% to QAR while Qatari Rial(QAR) has changed % to MAD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.{4}9436 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 08:30:31(UTC+0)
How to buy MAD
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Buy MAD (MAD)
Use a variety of payment options to buy MAD on Bitget. We'll show you how.
Buy MAD (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of MAD with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy MAD with USDT via Bitget spot market.
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Sell MAD (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of MAD to QAR. However, you can first exchange MAD 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 MAD to Qatari Rial?
MAD to Qatari Rial is rising this week.MAD's current market price is ر.ق 0.{4}9149 per MAD, with a total market cap of ر.ق 91,486,272.43 QAR based on a circulating supply of 999,978,100,000 MAD. The trading volume of MAD has changed by -25.40% (ر.ق -11,490,947.09 QAR) in the last 24 hours. Last trading day, MAD's trading volume was ر.ق 45,248,500.07.
Market cap
$25.09M
24h volume
$9.26M
Circulating supply
999.98B MAD
Conversion tables
The exchange rate of MAD is increasing.1 MAD is currently valued at ر.ق 0.{4}9149 QAR , which means buying 5 MAD will cost ر.ق 0.0004574 QAR . Similarly, ر.ق1 QAR can be traded for 10,930.36 MAD, and ر.ق50 QAR can be converted to 546,518.11 MAD, excluding any platform or gas fees.
The exchange rate of 1 MAD to Qatari Rial has changed by +128.96% in the last 7 days. In the last 24 hours, the rate has fluctuated by -40.32%, reaching a high of 0.0001767 QAR and a low of 0.{4}8983 QAR . One month ago, the value of 1 MAD was ر.ق 0.{4}2884 QAR , which represents a +217.18% change from its current value. Over the last year, MAD has changed by , resulting in a change of +505.36% in its value.
+ر.ق
0.{4}9149QARMAD to QAR
Amount
09:18 am today
0.5 MAD
ر.ق0.{4}4574
1 MAD
ر.ق0.{4}9149
5 MAD
ر.ق0.0004574
10 MAD
ر.ق0.0009149
50 MAD
ر.ق0.004574
100 MAD
ر.ق0.009149
500 MAD
ر.ق0.04574
1000 MAD
ر.ق0.09149
QAR to MAD
Amount09:18 am today
0.5QAR5,465.18 MAD
1QAR10,930.36 MAD
5QAR54,651.81 MAD
10QAR109,303.62 MAD
50QAR546,518.11 MAD
100QAR1,093,036.23 MAD
500QAR5,465,181.14 MAD
1000QAR10,930,362.28 MAD
Today vs. 24 hours ago
| Amount | 09:18 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAD | $0.{4}1255 | $0.{4}2102 | -40.32% |
| 1 MAD | $0.{4}2509 | $0.{4}4205 | -40.32% |
| 5 MAD | $0.0001255 | $0.0002102 | -40.32% |
| 10 MAD | $0.0002509 | $0.0004205 | -40.32% |
| 50 MAD | $0.001255 | $0.002102 | -40.32% |
| 100 MAD | $0.002509 | $0.004205 | -40.32% |
| 500 MAD | $0.01255 | $0.02102 | -40.32% |
| 1000 MAD | $0.02509 | $0.04205 | -40.32% |
Today vs. 1 month ago
| Amount | 09:18 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAD | $0.{4}1255 | $0.{5}3956 | +217.18% |
| 1 MAD | $0.{4}2509 | $0.{5}7911 | +217.18% |
| 5 MAD | $0.0001255 | $0.{4}3956 | +217.18% |
| 10 MAD | $0.0002509 | $0.{4}7911 | +217.18% |
| 50 MAD | $0.001255 | $0.0003956 | +217.18% |
| 100 MAD | $0.002509 | $0.0007911 | +217.18% |
| 500 MAD | $0.01255 | $0.003956 | +217.18% |
| 1000 MAD | $0.02509 | $0.007911 | +217.18% |
Today vs. 1 year ago
| Amount | 09:18 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAD | $0.{4}1255 | $0.00 | +505.36% |
| 1 MAD | $0.{4}2509 | $0.00 | +505.36% |
| 5 MAD | $0.0001255 | $0.00 | +505.36% |
| 10 MAD | $0.0002509 | $0.00 | +505.36% |
| 50 MAD | $0.001255 | $0.00 | +505.36% |
| 100 MAD | $0.002509 | $0.00 | +505.36% |
| 500 MAD | $0.01255 | $0.00 | +505.36% |
| 1000 MAD | $0.02509 | $0.00 | +505.36% |
MAD price prediction
What will the price of MAD be in 2025?
Based on MAD's historical price performance prediction model, the price of MAD is projected to reach $0.00 in 2025.
What will the price of MAD be in 2030?
In 2030, the MAD price is expected to change by +28.00%. By the end of 2030, the MAD price is projected to reach $0.00, with a cumulative ROI of -100.00%.
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Popular MAD conversions
Check out these popular currency conversions of MAD to several fiat currencies.
MAD to USD
1 MAD to $ 0.{4}2509 USD
MAD to GBP
1 MAD to £ 0.{4}2002 GBP
MAD to EUR
1 MAD to € 0.{4}2408 EUR
MAD to KRW
1 MAD to ₩ 0.03524 KRW
MAD to CAD
1 MAD to $ 0.{4}3521 CAD
MAD to AUD
1 MAD to $ 0.{4}3859 AUD
MAD to JPY
1 MAD to ¥ 0.003884 JPY
MAD to BRL
1 MAD to R$ 0.0001456 BRL
MAD to CNY
1 MAD to ¥ 0.0001819 CNY
MAD to TWD
1 MAD to NT$ 0.0008176 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in MAD.
Bitcoin to QAR
1 BTC to ر.ق 358,179.87 QAR
MAD to QAR
1 MAD to ر.ق 0.{4}9150 QAR
XRP to QAR
1 XRP to ر.ق 5.28 QAR
Stellar to QAR
1 XLM to ر.ق 2.1 QAR
Kusama to QAR
1 KSM to ر.ق 157.26 QAR
Dogecoin to QAR
1 DOGE to ر.ق 1.57 QAR
Hedera to QAR
1 HBAR to ر.ق 0.5501 QAR
Cardano to QAR
1 ADA to ر.ق 3.84 QAR
Polkadot to QAR
1 DOT to ر.ق 32.58 QAR
Solana to QAR
1 SOL to ر.ق 930.69 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 MAD 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 MAD 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 MAD 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.
