OBSR
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 Observer(OBSR) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 OBSR at a value of 1 OBSR 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 Observer currency pair is the OBSR to QAR, with for Observer's currency code being OBSR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
OBSR to QAR conversion rate trend
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In the past 1D, Observer has changed -1.63% to QAR. Based on the trend and price charts, Observer(OBSR) has changed -1.63% to QAR while Qatari Rial(QAR) has changed % to OBSR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.007057 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/22 08:30:39(UTC+0)
How to buy Observer
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Buy Observer (OBSR)
Use a variety of payment options to buy Observer on Bitget. We'll show you how.
Buy OBSR (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of OBSR with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy OBSR 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 OBSR (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of OBSR to QAR. However, you can first exchange OBSR 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 Observer to Qatari Rial?
Observer to Qatari Rial is falling this week.Observer's current market price is ر.ق 0.006940 per OBSR, with a total market cap of ر.ق 42,380,458.52 QAR based on a circulating supply of 6,107,080,700 OBSR. The trading volume of Observer has changed by +5153.62% (ر.ق 22,299,207.28 QAR) in the last 24 hours. Last trading day, OBSR's trading volume was ر.ق 432,690.32.
Market cap
$11.67M
24h volume
$6.26M
Circulating supply
6.11B OBSR
Conversion tables
The exchange rate of Observer is increasing.1 OBSR is currently valued at ر.ق 0.006940 QAR , which means buying 5 OBSR will cost ر.ق 0.03470 QAR . Similarly, ر.ق1 QAR can be traded for 144.1 OBSR, and ر.ق50 QAR can be converted to 7,205.07 OBSR, excluding any platform or gas fees.
The exchange rate of 1 OBSR to Qatari Rial has changed by -12.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.63%, reaching a high of 0.007641 QAR and a low of 0.006730 QAR . One month ago, the value of 1 OBSR was ر.ق 0.006567 QAR , which represents a +5.86% change from its current value. Over the last year, Observer has changed by , resulting in a change of -11.70% in its value.
-ر.ق
0.0008912QAROBSR to QAR
Amount
15:17 today
0.5 OBSR
ر.ق0.003470
1 OBSR
ر.ق0.006940
5 OBSR
ر.ق0.03470
10 OBSR
ر.ق0.06940
50 OBSR
ر.ق0.3470
100 OBSR
ر.ق0.6940
500 OBSR
ر.ق3.47
1000 OBSR
ر.ق6.94
QAR to OBSR
Amount15:17 today
0.5QAR72.05 OBSR
1QAR144.1 OBSR
5QAR720.51 OBSR
10QAR1,441.01 OBSR
50QAR7,205.07 OBSR
100QAR14,410.13 OBSR
500QAR72,050.67 OBSR
1000QAR144,101.34 OBSR
Today vs. 24 hours ago
| Amount | 15:17 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 OBSR | $0.0009556 | $0.0009710 | -1.63% |
| 1 OBSR | $0.001911 | $0.001942 | -1.63% |
| 5 OBSR | $0.009556 | $0.009710 | -1.63% |
| 10 OBSR | $0.01911 | $0.01942 | -1.63% |
| 50 OBSR | $0.09556 | $0.09710 | -1.63% |
| 100 OBSR | $0.1911 | $0.1942 | -1.63% |
| 500 OBSR | $0.9556 | $0.9710 | -1.63% |
| 1000 OBSR | $1.91 | $1.94 | -1.63% |
Today vs. 1 month ago
| Amount | 15:17 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 OBSR | $0.0009556 | $0.0009043 | +5.86% |
| 1 OBSR | $0.001911 | $0.001809 | +5.86% |
| 5 OBSR | $0.009556 | $0.009043 | +5.86% |
| 10 OBSR | $0.01911 | $0.01809 | +5.86% |
| 50 OBSR | $0.09556 | $0.09043 | +5.86% |
| 100 OBSR | $0.1911 | $0.1809 | +5.86% |
| 500 OBSR | $0.9556 | $0.9043 | +5.86% |
| 1000 OBSR | $1.91 | $1.81 | +5.86% |
Today vs. 1 year ago
| Amount | 15:17 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 OBSR | $0.0009556 | $0.001078 | -11.70% |
| 1 OBSR | $0.001911 | $0.002157 | -11.70% |
| 5 OBSR | $0.009556 | $0.01078 | -11.70% |
| 10 OBSR | $0.01911 | $0.02157 | -11.70% |
| 50 OBSR | $0.09556 | $0.1078 | -11.70% |
| 100 OBSR | $0.1911 | $0.2157 | -11.70% |
| 500 OBSR | $0.9556 | $1.08 | -11.70% |
| 1000 OBSR | $1.91 | $2.16 | -11.70% |
Observer price prediction
What will the price of OBSR be in 2025?
Based on OBSR's historical price performance prediction model, the price of OBSR is projected to reach $0.002055 in 2025.
What will the price of OBSR be in 2030?
In 2030, the OBSR price is expected to change by +1.00%. By the end of 2030, the OBSR price is projected to reach $0.003799, with a cumulative ROI of +107.50%.
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Popular Observer conversions
Check out these popular currency conversions of Observer to several fiat currencies.
Observer to USD
1 OBSR to $ 0.001911 USD
Observer to GBP
1 OBSR to £ 0.001521 GBP
Observer to EUR
1 OBSR to € 0.001832 EUR
Observer to KRW
1 OBSR to ₩ 2.76 KRW
Observer to CAD
1 OBSR to $ 0.002744 CAD
Observer to AUD
1 OBSR to $ 0.003057 AUD
Observer to JPY
1 OBSR to ¥ 0.2990 JPY
Observer to BRL
1 OBSR to R$ 0.01163 BRL
Observer to CNY
1 OBSR to ¥ 0.01395 CNY
Observer to TWD
1 OBSR to NT$ 0.06237 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Observer.
Hive to QAR
1 HIVE to ر.ق 1.39 QAR
IDEX to QAR
1 IDEX to ر.ق 0.2170 QAR
BitTorrent [New] to QAR
1 BTT to ر.ق 0.{5}4059 QAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
Shoggoth (shoggoth.monster) to QAR
1 SHOGGOTH to ر.ق 0.1720 QAR
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DeXe to QAR
1 DEXE to ر.ق 36.85 QAR
HEX (PulseChain) to QAR
1 HEX to ر.ق 0.05655 QAR
Livepeer to QAR
1 LPT to ر.ق 54.24 QAR
Hunt Town to QAR
1 HUNT to ر.ق 1.35 QAR
Chintai to QAR
1 CHEX to ر.ق 2.03 QAR
Adventure Gold to QAR
1 AGLD to ر.ق 6.14 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 Observer 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 Observer 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 Observer 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.
