PROV to QAR Converter and calculator

Conversion rates
Convert PROV to QAR
Convert QAR to PROV
PROV to QAR chart
PROV to QAR conversion data: Volatility and price changes of Provenance Fact-check in QAR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.02310 QAR | -- QAR | -- QAR | -- QAR |
Low | 0.01553 QAR | -- QAR | -- QAR | -- QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -0.32% | -- | -- | -- |
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| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Provenance Fact-check information
PROV to QAR market statistics
Current PROV to QAR exchange rate
Provenance Fact-check to Qatari Rial is falling this week.More info about Provenance Fact-check 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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PROV to QAR Conversion tables
| Amount | 22:26 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 PROV | ر.ق0.007778 | ر.ق-- | -0.32% |
1 PROV | ر.ق0.01556 | ر.ق-- | -0.32% |
5 PROV | ر.ق0.07778 | ر.ق-- | -0.32% |
10 PROV | ر.ق0.1556 | ر.ق-- | -0.32% |
50 PROV | ر.ق0.7778 | ر.ق-- | -0.32% |
100 PROV | ر.ق1.56 | ر.ق-- | -0.32% |
500 PROV | ر.ق7.78 | ر.ق-- | -0.32% |
1000 PROV | ر.ق15.56 | ر.ق-- | -0.32% |
PROV to QAR FAQ
What factors influence the conversion rate of PROV to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of Provenance Fact-check in the US is $0.004272 USD. Additionally, Provenance Fact-check’s price is €0.003668 EUR in the eurozone, £0.003205 GBP in the UK, C$0.005978 CAD in Canada, ₹0.3769 INR in India, ₨1.2 PKR in Pakistan, R$0.02295 BRL in Brazil, and more.
The most popular Provenance Fact-check currency pair is the PROV to Qatari Rial(QAR). The price of 1 Provenance Fact-check (PROV) in Qatari Rial (QAR) is ر.ق0.01556.
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