$SPONGE
QAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Sponge($SPONGE) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 $SPONGE at a value of 1 $SPONGE for 0.00 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 Sponge currency pair is the $SPONGE to QAR, with for Sponge's currency code being $SPONGE. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
$SPONGE to QAR conversion rate trend
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In the past 1D, Sponge has changed -31.97% to QAR. Based on the trend and price charts, Sponge($SPONGE) has changed -31.97% to QAR while Qatari Rial(QAR) has changed % to $SPONGE in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.002698 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.ق0.002755 | 0.1000% / 0.1000% | Yes |
Last updated 2024/02/09 08:00:22(UTC+0)
How to buy Sponge
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Buy Sponge ($SPONGE)
Use a variety of payment options to buy Sponge on Bitget. We'll show you how.
Learn MoreBuy $SPONGE (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of $SPONGE with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy $SPONGE 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 $SPONGE (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of $SPONGE to QAR. However, you can first exchange $SPONGE 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 Sponge to Qatari Rial?
Sponge to Qatari Rial is falling this week.Sponge's current market price is ر.ق 0.0001275 per $SPONGE, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- $SPONGE. The trading volume of Sponge has changed by -85.25% (ر.ق -2,405.72 QAR) in the last 24 hours. Last trading day, $SPONGE's trading volume was ر.ق 2,821.83.
Market cap
$0
24h volume
$114.00350941
Circulating supply
0 $SPONGE
Conversion tables
The exchange rate of Sponge is decreasing.1 $SPONGE is currently valued at ر.ق 0.0001275 QAR , which means buying 5 $SPONGE will cost ر.ق 0.0006375 QAR . Similarly, ر.ق1 QAR can be traded for 7,843.48 $SPONGE, and ر.ق50 QAR can be converted to 392,174.16 $SPONGE, excluding any platform or gas fees.
The exchange rate of 1 $SPONGE to Qatari Rial has changed by -94.78% in the last 7 days. In the last 24 hours, the rate has fluctuated by -31.97%, reaching a high of 0.0001874 QAR and a low of 0.0001242 QAR . One month ago, the value of 1 $SPONGE was ر.ق 0.0003971 QAR , which represents a -67.90% change from its current value. Over the last year, Sponge has changed by , resulting in a change of -79.83% in its value.
-ر.ق
0.0005045QAR$SPONGE to QAR
Amount
15:40 today
0.5 $SPONGE
ر.ق0.{4}6375
1 $SPONGE
ر.ق0.0001275
5 $SPONGE
ر.ق0.0006375
10 $SPONGE
ر.ق0.001275
50 $SPONGE
ر.ق0.006375
100 $SPONGE
ر.ق0.01275
500 $SPONGE
ر.ق0.06375
1000 $SPONGE
ر.ق0.1275
QAR to $SPONGE
Amount15:40 today
0.5QAR3,921.74 $SPONGE
1QAR7,843.48 $SPONGE
5QAR39,217.42 $SPONGE
10QAR78,434.83 $SPONGE
50QAR392,174.16 $SPONGE
100QAR784,348.32 $SPONGE
500QAR3,921,741.62 $SPONGE
1000QAR7,843,483.24 $SPONGE
Today vs. 24 hours ago
| Amount | 15:40 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}1746 | $0.{4}2567 | -31.97% |
| 1 $SPONGE | $0.{4}3493 | $0.{4}5134 | -31.97% |
| 5 $SPONGE | $0.0001746 | $0.0002567 | -31.97% |
| 10 $SPONGE | $0.0003493 | $0.0005134 | -31.97% |
| 50 $SPONGE | $0.001746 | $0.002567 | -31.97% |
| 100 $SPONGE | $0.003493 | $0.005134 | -31.97% |
| 500 $SPONGE | $0.01746 | $0.02567 | -31.97% |
| 1000 $SPONGE | $0.03493 | $0.05134 | -31.97% |
Today vs. 1 month ago
| Amount | 15:40 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}1746 | $0.{4}5440 | -67.90% |
| 1 $SPONGE | $0.{4}3493 | $0.0001088 | -67.90% |
| 5 $SPONGE | $0.0001746 | $0.0005440 | -67.90% |
| 10 $SPONGE | $0.0003493 | $0.001088 | -67.90% |
| 50 $SPONGE | $0.001746 | $0.005440 | -67.90% |
| 100 $SPONGE | $0.003493 | $0.01088 | -67.90% |
| 500 $SPONGE | $0.01746 | $0.05440 | -67.90% |
| 1000 $SPONGE | $0.03493 | $0.1088 | -67.90% |
Today vs. 1 year ago
| Amount | 15:40 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 $SPONGE | $0.{4}1746 | $0.{4}8657 | -79.83% |
| 1 $SPONGE | $0.{4}3493 | $0.0001731 | -79.83% |
| 5 $SPONGE | $0.0001746 | $0.0008657 | -79.83% |
| 10 $SPONGE | $0.0003493 | $0.001731 | -79.83% |
| 50 $SPONGE | $0.001746 | $0.008657 | -79.83% |
| 100 $SPONGE | $0.003493 | $0.01731 | -79.83% |
| 500 $SPONGE | $0.01746 | $0.08657 | -79.83% |
| 1000 $SPONGE | $0.03493 | $0.1731 | -79.83% |
Sponge price prediction
What will the price of $SPONGE be in 2025?
Based on $SPONGE's historical price performance prediction model, the price of $SPONGE is projected to reach $0.{4}7586 in 2025.
What will the price of $SPONGE be in 2030?
In 2030, the $SPONGE price is expected to change by -2.00%. By the end of 2030, the $SPONGE price is projected to reach $0.0001602, with a cumulative ROI of +358.76%.
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Popular Sponge conversions
Check out these popular currency conversions of Sponge to several fiat currencies.
Sponge to USD
1 $SPONGE to $ 0.{4}3493 USD
Sponge to GBP
1 $SPONGE to £ 0.{4}2788 GBP
Sponge to EUR
1 $SPONGE to € 0.{4}3361 EUR
Sponge to KRW
1 $SPONGE to ₩ 0.05077 KRW
Sponge to CAD
1 $SPONGE to $ 0.{4}5035 CAD
Sponge to AUD
1 $SPONGE to $ 0.{4}5603 AUD
Sponge to JPY
1 $SPONGE to ¥ 0.005490 JPY
Sponge to BRL
1 $SPONGE to R$ 0.0002146 BRL
Sponge to CNY
1 $SPONGE to ¥ 0.0002551 CNY
Sponge to TWD
1 $SPONGE to NT$ 0.001142 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Sponge.
Bitcoin to QAR
1 BTC to ر.ق 340,242.31 QAR
Ethereum to QAR
1 ETH to ر.ق 12,010.46 QAR
Aave to QAR
1 AAVE to ر.ق 1,211.44 QAR
Frax Share to QAR
1 FXS to ر.ق 11.27 QAR
Verge to QAR
1 XVG to ر.ق 0.04404 QAR
BNB to QAR
1 BNB to ر.ق 2,452.48 QAR
QuarkChain to QAR
1 QKC to ر.ق 0.04154 QAR
Algorand to QAR
1 ALGO to ر.ق 1.27 QAR
XRP to QAR
1 XRP to ر.ق 7.83 QAR
Curve DAO Token to QAR
1 CRV to ر.ق 3.1 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 Sponge 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 Sponge 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 Sponge 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.
