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ME
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 Magic Eden(ME) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 ME at a value of 1 ME for 11.01 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 Magic Eden currency pair is the ME to QAR, with for Magic Eden's currency code being ME. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
ME to QAR conversion rate trend
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In the past 1D, Magic Eden has changed -7.93% to QAR. Based on the trend and price charts, Magic Eden(ME) has changed -7.93% to QAR while Qatari Rial(QAR) has changed % to ME in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق11.02 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:37:13(UTC+0)
How to buy Magic Eden
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Buy Magic Eden (ME)
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Learn MoreBuy ME (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of ME with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy ME 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 ME (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of ME to QAR. However, you can first exchange ME 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 Magic Eden to Qatari Rial?
Magic Eden to Qatari Rial is falling this week.Magic Eden's current market price is ر.ق 11.01 per ME, with a total market cap of ر.ق -- QAR based on a circulating supply of -- ME. The trading volume of Magic Eden has changed by --% (ر.ق -- QAR) in the last 24 hours. Last trading day, ME's trading volume was ر.ق --.
Market cap
$--
24h volume
$--
Circulating supply
-- ME
Conversion tables
The exchange rate of Magic Eden is increasing.1 ME is currently valued at ر.ق 11.01 QAR , which means buying 5 ME will cost ر.ق 55.03 QAR . Similarly, ر.ق1 QAR can be traded for 0.09086 ME, and ر.ق50 QAR can be converted to 4.54 ME, excluding any platform or gas fees.
The exchange rate of 1 ME to Qatari Rial has changed by -23.30% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.93%, reaching a high of 12.01 QAR and a low of 10.78 QAR . One month ago, the value of 1 ME was ر.ق 0.1420 QAR , which represents a +11968.40% change from its current value. Over the last year, Magic Eden has changed by , resulting in a change of +11960.80% in its value.
+ر.ق
3.6QARME to QAR
Amount
08:47 am today
0.5 ME
ر.ق5.5
1 ME
ر.ق11.01
5 ME
ر.ق55.03
10 ME
ر.ق110.06
50 ME
ر.ق550.3
100 ME
ر.ق1,100.6
500 ME
ر.ق5,502.99
1000 ME
ر.ق11,005.98
QAR to ME
Amount08:47 am today
0.5QAR0.04543 ME
1QAR0.09086 ME
5QAR0.4543 ME
10QAR0.9086 ME
50QAR4.54 ME
100QAR9.09 ME
500QAR45.43 ME
1000QAR90.86 ME
Today vs. 24 hours ago
| Amount | 08:47 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 ME | $1.52 | $1.65 | -7.93% |
| 1 ME | $3.03 | $3.29 | -7.93% |
| 5 ME | $15.16 | $16.45 | -7.93% |
| 10 ME | $30.31 | $32.91 | -7.93% |
| 50 ME | $151.56 | $164.55 | -7.93% |
| 100 ME | $303.12 | $329.09 | -7.93% |
| 500 ME | $1,515.6 | $1,645.45 | -7.93% |
| 1000 ME | $3,031.2 | $3,290.9 | -7.93% |
Today vs. 1 month ago
| Amount | 08:47 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 ME | $1.52 | $0.01955 | +11968.40% |
| 1 ME | $3.03 | $0.03910 | +11968.40% |
| 5 ME | $15.16 | $0.1955 | +11968.40% |
| 10 ME | $30.31 | $0.3910 | +11968.40% |
| 50 ME | $151.56 | $1.95 | +11968.40% |
| 100 ME | $303.12 | $3.91 | +11968.40% |
| 500 ME | $1,515.6 | $19.55 | +11968.40% |
| 1000 ME | $3,031.2 | $39.1 | +11968.40% |
Today vs. 1 year ago
| Amount | 08:47 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 ME | $1.52 | $0.02050 | +11960.80% |
| 1 ME | $3.03 | $0.04100 | +11960.80% |
| 5 ME | $15.16 | $0.2050 | +11960.80% |
| 10 ME | $30.31 | $0.4100 | +11960.80% |
| 50 ME | $151.56 | $2.05 | +11960.80% |
| 100 ME | $303.12 | $4.1 | +11960.80% |
| 500 ME | $1,515.6 | $20.5 | +11960.80% |
| 1000 ME | $3,031.2 | $41 | +11960.80% |
Magic Eden price prediction
What will the price of ME be in 2025?
Based on ME's historical price performance prediction model, the price of ME is projected to reach $0.00 in 2025.
What will the price of ME be in 2030?
In 2030, the ME price is expected to change by +13.00%. By the end of 2030, the ME price is projected to reach $0.00, with a cumulative ROI of -100.00%.
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Popular Magic Eden conversions
Check out these popular currency conversions of Magic Eden to several fiat currencies.
Magic Eden to USD
1 ME to $ 3.03 USD
Magic Eden to GBP
1 ME to £ 2.41 GBP
Magic Eden to EUR
1 ME to € 2.91 EUR
Magic Eden to KRW
1 ME to ₩ 4,384.39 KRW
Magic Eden to CAD
1 ME to $ 4.36 CAD
Magic Eden to AUD
1 ME to $ 4.85 AUD
Magic Eden to JPY
1 ME to ¥ 474.25 JPY
Magic Eden to BRL
1 ME to R$ 18.45 BRL
Magic Eden to CNY
1 ME to ¥ 22.12 CNY
Magic Eden to TWD
1 ME to NT$ 98.91 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Magic Eden.
Adventure Gold to QAR
1 AGLD to ر.ق 6.41 QAR
IDEX to QAR
1 IDEX to ر.ق 0.2311 QAR
Hive to QAR
1 HIVE to ر.ق 1.26 QAR
Baby Pengu to QAR
1 BABYPENGU to ر.ق 0.6136 QAR
HEX (PulseChain) to QAR
1 HEX to ر.ق 0.06644 QAR
JUNO to QAR
1 JUNO to ر.ق 1.03 QAR
dForce to QAR
1 DF to ر.ق 0.2985 QAR
PulseX to QAR
1 PLSX to ر.ق 0.0001370 QAR
Shoggoth (shoggoth.monster) to QAR
1 SHOGGOTH to ر.ق 0.1898 QAR
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FUNToken to QAR
1 FUN to ر.ق 0.01867 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 Magic Eden 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 Magic Eden 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 Magic Eden 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.
