DRB to QAR Converter and calculator


Conversion rates
Convert DRB to QAR
Convert QAR to DRB
DRB to QAR chart
DRB to QAR conversion data: Volatility and price changes of Digimon Rabbit in QAR
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.{11}2879 QAR | 0.{11}3789 QAR | 0.{11}8157 QAR | 0.{11}8157 QAR |
Low | 0.{11}2470 QAR | 0.{11}2301 QAR | 0.{12}7036 QAR | 0.{12}7036 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -0.11% | +3.05% | -18.67% | +10.86% |
Digimon Rabbit information
DRB to QAR market statistics
Current DRB to QAR exchange rate
Digimon Rabbit to Qatari Rial is rising this week.More info about Digimon Rabbit on Bitget
Qatari Rial 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.
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DRB to QAR Conversion tables
Amount | 05:22 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 DRB | ر.ق0.{11}1290 | ر.ق0.{11}1291 | -0.11% |
1 DRB | ر.ق0.{11}2579 | ر.ق0.{11}2582 | -0.11% |
5 DRB | ر.ق0.{10}1290 | ر.ق0.{10}1291 | -0.11% |
10 DRB | ر.ق0.{10}2579 | ر.ق0.{10}2582 | -0.11% |
50 DRB | ر.ق0.{9}1290 | ر.ق0.{9}1291 | -0.11% |
100 DRB | ر.ق0.{9}2579 | ر.ق0.{9}2582 | -0.11% |
500 DRB | ر.ق0.{8}1290 | ر.ق0.{8}1291 | -0.11% |
1000 DRB | ر.ق0.{8}2579 | ر.ق0.{8}2582 | -0.11% |
DRB to QAR FAQ
What factors influence the conversion rate of DRB to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Digimon Rabbit in the US is $0.{12}7085 USD. Additionally, Digimon Rabbit’s price is €0.{12}6134 EUR in the eurozone, £0.{12}5222 GBP in the UK, C$0.{12}9629 CAD in Canada, ₹0.{10}6102 INR in India, ₨0.{9}2005 PKR in Pakistan, R$0.{11}3931 BRL in Brazil, and more.
The most popular Digimon Rabbit currency pair is the DRB to Qatari Rial(QAR). The price of 1 Digimon Rabbit (DRB) in Qatari Rial (QAR) is ر.ق0.{11}2579.
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