SMR
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 Shimmer(SMR) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 SMR at a value of 1 SMR 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 Shimmer currency pair is the SMR to QAR, with for Shimmer's currency code being SMR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
SMR to QAR conversion rate trend
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In the past 1D, Shimmer has changed +4.85% to QAR. Based on the trend and price charts, Shimmer(SMR) has changed +4.85% to QAR while Qatari Rial(QAR) has changed % to SMR in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.006501 | 0.0200% / 0.0320%  VIP 7 | |
Bitfinex | ر.ق0.009037 | 0.1000% / 0.1000% | Yes |
Last updated 2024/08/30 01:00:18(UTC+0)
How to buy Shimmer
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Shimmer (SMR)
Use a variety of payment options to buy Shimmer on Bitget. We'll show you how.
Buy SMR (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of SMR with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy SMR 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 SMR (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of SMR to QAR. However, you can first exchange SMR 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 Shimmer to Qatari Rial?
Shimmer to Qatari Rial is falling this week.Shimmer's current market price is ر.ق 0.007072 per SMR, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- SMR. The trading volume of Shimmer has changed by -77.58% (ر.ق -26,693.77 QAR) in the last 24 hours. Last trading day, SMR's trading volume was ر.ق 34,409.47.
Market cap
$0
24h volume
$2.13K
Circulating supply
0 SMR
Conversion tables
The exchange rate of Shimmer is increasing.1 SMR is currently valued at ر.ق 0.007072 QAR , which means buying 5 SMR will cost ر.ق 0.03536 QAR . Similarly, ر.ق1 QAR can be traded for 141.41 SMR, and ر.ق50 QAR can be converted to 7,070.36 SMR, excluding any platform or gas fees.
The exchange rate of 1 SMR to Qatari Rial has changed by -20.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.85%, reaching a high of 0.007073 QAR and a low of 0.005711 QAR . One month ago, the value of 1 SMR was ر.ق 0.006230 QAR , which represents a +13.51% change from its current value. Over the last year, Shimmer has changed by , resulting in a change of -94.56% in its value.
-ر.ق
0.1230QARSMR to QAR
Amount
19:11 today
0.5 SMR
ر.ق0.003536
1 SMR
ر.ق0.007072
5 SMR
ر.ق0.03536
10 SMR
ر.ق0.07072
50 SMR
ر.ق0.3536
100 SMR
ر.ق0.7072
500 SMR
ر.ق3.54
1000 SMR
ر.ق7.07
QAR to SMR
Amount19:11 today
0.5QAR70.7 SMR
1QAR141.41 SMR
5QAR707.04 SMR
10QAR1,414.07 SMR
50QAR7,070.36 SMR
100QAR14,140.73 SMR
500QAR70,703.63 SMR
1000QAR141,407.26 SMR
Today vs. 24 hours ago
| Amount | 19:11 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SMR | $0.0009738 | $0.0009288 | +4.85% |
| 1 SMR | $0.001948 | $0.001858 | +4.85% |
| 5 SMR | $0.009738 | $0.009288 | +4.85% |
| 10 SMR | $0.01948 | $0.01858 | +4.85% |
| 50 SMR | $0.09738 | $0.09288 | +4.85% |
| 100 SMR | $0.1948 | $0.1858 | +4.85% |
| 500 SMR | $0.9738 | $0.9288 | +4.85% |
| 1000 SMR | $1.95 | $1.86 | +4.85% |
Today vs. 1 month ago
| Amount | 19:11 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SMR | $0.0009738 | $0.0008580 | +13.51% |
| 1 SMR | $0.001948 | $0.001716 | +13.51% |
| 5 SMR | $0.009738 | $0.008580 | +13.51% |
| 10 SMR | $0.01948 | $0.01716 | +13.51% |
| 50 SMR | $0.09738 | $0.08580 | +13.51% |
| 100 SMR | $0.1948 | $0.1716 | +13.51% |
| 500 SMR | $0.9738 | $0.8580 | +13.51% |
| 1000 SMR | $1.95 | $1.72 | +13.51% |
Today vs. 1 year ago
| Amount | 19:11 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SMR | $0.0009738 | $0.01791 | -94.56% |
| 1 SMR | $0.001948 | $0.03581 | -94.56% |
| 5 SMR | $0.009738 | $0.1791 | -94.56% |
| 10 SMR | $0.01948 | $0.3581 | -94.56% |
| 50 SMR | $0.09738 | $1.79 | -94.56% |
| 100 SMR | $0.1948 | $3.58 | -94.56% |
| 500 SMR | $0.9738 | $17.91 | -94.56% |
| 1000 SMR | $1.95 | $35.81 | -94.56% |
Shimmer price prediction
What will the price of SMR be in 2025?
Based on SMR's historical price performance prediction model, the price of SMR is projected to reach $0.007453 in 2025.
What will the price of SMR be in 2030?
In 2030, the SMR price is expected to change by -9.00%. By the end of 2030, the SMR price is projected to reach $0.01786, with a cumulative ROI of +909.38%.
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Popular Shimmer conversions
Check out these popular currency conversions of Shimmer to several fiat currencies.
Shimmer to USD
1 SMR to $ 0.001948 USD
Shimmer to GBP
1 SMR to £ 0.001550 GBP
Shimmer to EUR
1 SMR to € 0.001867 EUR
Shimmer to KRW
1 SMR to ₩ 2.82 KRW
Shimmer to CAD
1 SMR to $ 0.002796 CAD
Shimmer to AUD
1 SMR to $ 0.003116 AUD
Shimmer to JPY
1 SMR to ¥ 0.3047 JPY
Shimmer to BRL
1 SMR to R$ 0.01185 BRL
Shimmer to CNY
1 SMR to ¥ 0.01421 CNY
Shimmer to TWD
1 SMR to NT$ 0.06355 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Shimmer.
Hive to QAR
1 HIVE to ر.ق 1.28 QAR
Peanut the Squirrel to QAR
1 PNUT to ر.ق 2.67 QAR
BitTorrent [New] to QAR
1 BTT to ر.ق 0.{5}4115 QAR
![other assets BitTorrent [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/c87b5c29752b2123cca40f4dd2c6b6501710522527061.png)
FTX Token to QAR
1 FTT to ر.ق 10.62 QAR
Just a chill guy to QAR
1 CHILLGUY to ر.ق 0.6960 QAR
Shoggoth (shoggoth.monster) to QAR
1 SHOGGOTH to ر.ق 0.2072 QAR
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Steem to QAR
1 STEEM to ر.ق 0.8268 QAR
LUCE to QAR
1 LUCE to ر.ق 0.3196 QAR
IDEX to QAR
1 IDEX to ر.ق 0.2193 QAR
Livepeer to QAR
1 LPT to ر.ق 58.71 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 Shimmer 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 Shimmer 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 Shimmer 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.
