SOVRN
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 SOVRUN(SOVRN) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 SOVRN at a value of 1 SOVRN for 0.12 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 SOVRUN currency pair is the SOVRN to QAR, with for SOVRUN's currency code being SOVRN. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
SOVRN to QAR conversion rate trend
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In the past 1D, SOVRUN has changed +3.50% to QAR. Based on the trend and price charts, SOVRUN(SOVRN) has changed +3.50% to QAR while Qatari Rial(QAR) has changed % to SOVRN in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.1189 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ر.ق0.07146 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.ق0.1172 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/22 08:00:16(UTC+0)
How to buy SOVRUN
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Buy SOVRUN (SOVRN)
Use a variety of payment options to buy SOVRUN on Bitget. We'll show you how.
Buy SOVRN (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of SOVRN with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy SOVRN 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 SOVRN (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of SOVRN to QAR. However, you can first exchange SOVRN 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 SOVRUN to Qatari Rial?
SOVRUN to Qatari Rial is falling this week.SOVRUN's current market price is ر.ق 0.1214 per SOVRN, with a total market cap of ر.ق 72,087,399.12 QAR based on a circulating supply of 593,985,100 SOVRN. The trading volume of SOVRUN has changed by +9.78% (ر.ق 275,927.37 QAR) in the last 24 hours. Last trading day, SOVRN's trading volume was ر.ق 2,821,112.46.
Market cap
$19.85M
24h volume
$852.97K
Circulating supply
593.99M SOVRN
Conversion tables
The exchange rate of SOVRUN is increasing.1 SOVRN is currently valued at ر.ق 0.1214 QAR , which means buying 5 SOVRN will cost ر.ق 0.6068 QAR . Similarly, ر.ق1 QAR can be traded for 8.24 SOVRN, and ر.ق50 QAR can be converted to 411.99 SOVRN, excluding any platform or gas fees.
The exchange rate of 1 SOVRN to Qatari Rial has changed by -55.23% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.50%, reaching a high of 0.1394 QAR and a low of 0.1101 QAR . One month ago, the value of 1 SOVRN was ر.ق 0.06990 QAR , which represents a +72.95% change from its current value. Over the last year, SOVRUN has changed by , resulting in a change of -26.34% in its value.
-ر.ق
0.04363QARSOVRN to QAR
Amount
16:24 today
0.5 SOVRN
ر.ق0.06068
1 SOVRN
ر.ق0.1214
5 SOVRN
ر.ق0.6068
10 SOVRN
ر.ق1.21
50 SOVRN
ر.ق6.07
100 SOVRN
ر.ق12.14
500 SOVRN
ر.ق60.68
1000 SOVRN
ر.ق121.36
QAR to SOVRN
Amount16:24 today
0.5QAR4.12 SOVRN
1QAR8.24 SOVRN
5QAR41.2 SOVRN
10QAR82.4 SOVRN
50QAR411.99 SOVRN
100QAR823.98 SOVRN
500QAR4,119.9 SOVRN
1000QAR8,239.79 SOVRN
Today vs. 24 hours ago
| Amount | 16:24 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOVRN | $0.01671 | $0.01614 | +3.50% |
| 1 SOVRN | $0.03342 | $0.03229 | +3.50% |
| 5 SOVRN | $0.1671 | $0.1614 | +3.50% |
| 10 SOVRN | $0.3342 | $0.3229 | +3.50% |
| 50 SOVRN | $1.67 | $1.61 | +3.50% |
| 100 SOVRN | $3.34 | $3.23 | +3.50% |
| 500 SOVRN | $16.71 | $16.14 | +3.50% |
| 1000 SOVRN | $33.42 | $32.29 | +3.50% |
Today vs. 1 month ago
| Amount | 16:24 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOVRN | $0.01671 | $0.009626 | +72.95% |
| 1 SOVRN | $0.03342 | $0.01925 | +72.95% |
| 5 SOVRN | $0.1671 | $0.09626 | +72.95% |
| 10 SOVRN | $0.3342 | $0.1925 | +72.95% |
| 50 SOVRN | $1.67 | $0.9626 | +72.95% |
| 100 SOVRN | $3.34 | $1.93 | +72.95% |
| 500 SOVRN | $16.71 | $9.63 | +72.95% |
| 1000 SOVRN | $33.42 | $19.25 | +72.95% |
Today vs. 1 year ago
| Amount | 16:24 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOVRN | $0.01671 | $0.02272 | -26.34% |
| 1 SOVRN | $0.03342 | $0.04544 | -26.34% |
| 5 SOVRN | $0.1671 | $0.2272 | -26.34% |
| 10 SOVRN | $0.3342 | $0.4544 | -26.34% |
| 50 SOVRN | $1.67 | $2.27 | -26.34% |
| 100 SOVRN | $3.34 | $4.54 | -26.34% |
| 500 SOVRN | $16.71 | $22.72 | -26.34% |
| 1000 SOVRN | $33.42 | $45.44 | -26.34% |
SOVRUN price prediction
What will the price of SOVRN be in 2025?
Based on SOVRN's historical price performance prediction model, the price of SOVRN is projected to reach $0.07541 in 2025.
What will the price of SOVRN be in 2030?
In 2030, the SOVRN price is expected to change by +5.00%. By the end of 2030, the SOVRN price is projected to reach $0.1728, with a cumulative ROI of +207.03%.
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Popular SOVRUN conversions
Check out these popular currency conversions of SOVRUN to several fiat currencies.
SOVRUN to USD
1 SOVRN to $ 0.03342 USD
SOVRUN to GBP
1 SOVRN to £ 0.02660 GBP
SOVRUN to EUR
1 SOVRN to € 0.03204 EUR
SOVRUN to KRW
1 SOVRN to ₩ 48.35 KRW
SOVRUN to CAD
1 SOVRN to $ 0.04799 CAD
SOVRUN to AUD
1 SOVRN to $ 0.05347 AUD
SOVRUN to JPY
1 SOVRN to ¥ 5.23 JPY
SOVRUN to BRL
1 SOVRN to R$ 0.2034 BRL
SOVRUN to CNY
1 SOVRN to ¥ 0.2439 CNY
SOVRUN to TWD
1 SOVRN to NT$ 1.09 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in SOVRUN.
Hive to QAR
1 HIVE to ر.ق 1.37 QAR
IDEX to QAR
1 IDEX to ر.ق 0.2195 QAR
BitTorrent [New] to QAR
1 BTT to ر.ق 0.{5}4077 QAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to QAR
1 SHOGGOTH to ر.ق 0.1637 QAR
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DeXe to QAR
1 DEXE to ر.ق 37.29 QAR
HEX (PulseChain) to QAR
1 HEX to ر.ق 0.05089 QAR
Livepeer to QAR
1 LPT to ر.ق 57.21 QAR
Hunt Town to QAR
1 HUNT to ر.ق 1.27 QAR
Chintai to QAR
1 CHEX to ر.ق 2.05 QAR
Adventure Gold to QAR
1 AGLD to ر.ق 5.92 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 SOVRUN 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 SOVRUN 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 SOVRUN 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.
