RED
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 Red The Mal(RED) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 RED at a value of 1 RED for 0.01 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 Red The Mal currency pair is the RED to QAR, with for Red The Mal's currency code being RED. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
RED to QAR conversion rate trend
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In the past 1D, Red The Mal has changed -7.71% to QAR. Based on the trend and price charts, Red The Mal(RED) has changed -7.71% to QAR while Qatari Rial(QAR) has changed % to RED in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.008564 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/24 08:33:21(UTC+0)
How to buy Red The Mal
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Red The Mal (RED)
Use a variety of payment options to buy Red The Mal on Bitget. We'll show you how.
Buy RED (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of RED with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy RED with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RED (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of RED to QAR. However, you can first exchange RED for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Red The Mal to Qatari Rial?
Red The Mal to Qatari Rial is falling this week.Red The Mal's current market price is ر.ق 0.008184 per RED, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- RED. The trading volume of Red The Mal has changed by -73.34% (ر.ق -8,664.24 QAR) in the last 24 hours. Last trading day, RED's trading volume was ر.ق 11,813.42.
Market cap
$0
24h volume
$863.73389824
Circulating supply
0 RED
Conversion tables
The exchange rate of Red The Mal is decreasing.1 RED is currently valued at ر.ق 0.008184 QAR , which means buying 5 RED will cost ر.ق 0.04092 QAR . Similarly, ر.ق1 QAR can be traded for 122.18 RED, and ر.ق50 QAR can be converted to 6,109.14 RED, excluding any platform or gas fees.
The exchange rate of 1 RED to Qatari Rial has changed by -17.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.71%, reaching a high of 0.008868 QAR and a low of 0.008184 QAR . One month ago, the value of 1 RED was ر.ق 0.009393 QAR , which represents a -12.86% change from its current value. Over the last year, Red The Mal has changed by , resulting in a change of -90.76% in its value.
+ر.ق
0.008184QARRED to QAR
Amount
16:33 today
0.5 RED
ر.ق0.004092
1 RED
ر.ق0.008184
5 RED
ر.ق0.04092
10 RED
ر.ق0.08184
50 RED
ر.ق0.4092
100 RED
ر.ق0.8184
500 RED
ر.ق4.09
1000 RED
ر.ق8.18
QAR to RED
Amount16:33 today
0.5QAR61.09 RED
1QAR122.18 RED
5QAR610.91 RED
10QAR1,221.83 RED
50QAR6,109.14 RED
100QAR12,218.28 RED
500QAR61,091.39 RED
1000QAR122,182.79 RED
Today vs. 24 hours ago
| Amount | 16:33 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RED | $0.001122 | $0.001216 | -7.71% |
| 1 RED | $0.002245 | $0.002432 | -7.71% |
| 5 RED | $0.01122 | $0.01216 | -7.71% |
| 10 RED | $0.02245 | $0.02432 | -7.71% |
| 50 RED | $0.1122 | $0.1216 | -7.71% |
| 100 RED | $0.2245 | $0.2432 | -7.71% |
| 500 RED | $1.12 | $1.22 | -7.71% |
| 1000 RED | $2.24 | $2.43 | -7.71% |
Today vs. 1 month ago
| Amount | 16:33 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RED | $0.001122 | $0.001288 | -12.86% |
| 1 RED | $0.002245 | $0.002576 | -12.86% |
| 5 RED | $0.01122 | $0.01288 | -12.86% |
| 10 RED | $0.02245 | $0.02576 | -12.86% |
| 50 RED | $0.1122 | $0.1288 | -12.86% |
| 100 RED | $0.2245 | $0.2576 | -12.86% |
| 500 RED | $1.12 | $1.29 | -12.86% |
| 1000 RED | $2.24 | $2.58 | -12.86% |
Today vs. 1 year ago
| Amount | 16:33 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RED | $0.001122 | $0.00 | -90.76% |
| 1 RED | $0.002245 | $0.00 | -90.76% |
| 5 RED | $0.01122 | $0.00 | -90.76% |
| 10 RED | $0.02245 | $0.00 | -90.76% |
| 50 RED | $0.1122 | $0.00 | -90.76% |
| 100 RED | $0.2245 | $0.00 | -90.76% |
| 500 RED | $1.12 | $0.00 | -90.76% |
| 1000 RED | $2.24 | $0.00 | -90.76% |
Red The Mal price prediction
What will the price of RED be in 2025?
Based on RED's historical price performance prediction model, the price of RED is projected to reach $0.007290 in 2025.
What will the price of RED be in 2030?
In 2030, the RED price is expected to change by -1.00%. By the end of 2030, the RED price is projected to reach $0.01639, with a cumulative ROI of +605.42%.
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Popular Red The Mal conversions
Check out these popular currency conversions of Red The Mal to several fiat currencies.
Red The Mal to USD
1 RED to $ 0.002245 USD
Red The Mal to GBP
1 RED to £ 0.001791 GBP
Red The Mal to EUR
1 RED to € 0.002155 EUR
Red The Mal to KRW
1 RED to ₩ 3.15 KRW
Red The Mal to CAD
1 RED to $ 0.003150 CAD
Red The Mal to AUD
1 RED to $ 0.003452 AUD
Red The Mal to JPY
1 RED to ¥ 0.3474 JPY
Red The Mal to BRL
1 RED to R$ 0.01302 BRL
Red The Mal to CNY
1 RED to ¥ 0.01628 CNY
Red The Mal to TWD
1 RED to NT$ 0.07314 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Red The Mal.
Bitcoin to QAR
1 BTC to ر.ق 351,595.92 QAR
MAD to QAR
1 MAD to ر.ق 0.0001298 QAR
XRP to QAR
1 XRP to ر.ق 4.92 QAR
Stellar to QAR
1 XLM to ر.ق 1.72 QAR
Kusama to QAR
1 KSM to ر.ق 145.22 QAR
Dogecoin to QAR
1 DOGE to ر.ق 1.51 QAR
Hedera to QAR
1 HBAR to ر.ق 0.5129 QAR
Cardano to QAR
1 ADA to ر.ق 3.56 QAR
Polkadot to QAR
1 DOT to ر.ق 30.82 QAR
Solana to QAR
1 SOL to ر.ق 898.5 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 Red The Mal 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 Red The Mal 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 Red The Mal 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.
