1MDC
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 1MDC(1MDC) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 1MDC at a value of 1 1MDC 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 1MDC currency pair is the 1MDC to QAR, with for 1MDC's currency code being 1MDC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
1MDC to QAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, 1MDC has changed -4.38% to QAR. Based on the trend and price charts, 1MDC(1MDC) has changed -4.38% to QAR while Qatari Rial(QAR) has changed % to 1MDC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.{8}4919 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/27 08:35:38(UTC+0)
How to buy 1MDC
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy 1MDC (1MDC)
Use a variety of payment options to buy 1MDC on Bitget. We'll show you how.
Buy 1MDC (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of 1MDC with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy 1MDC 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 1MDC (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of 1MDC to QAR. However, you can first exchange 1MDC 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 1MDC to Qatari Rial?
1MDC to Qatari Rial is falling this week.1MDC's current market price is ر.ق 0.{8}4919 per 1MDC, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- 1MDC. The trading volume of 1MDC has changed by -100.00% (ر.ق -- QAR) in the last 24 hours. Last trading day, 1MDC's trading volume was ر.ق --.
Market cap
$0
24h volume
$0
Circulating supply
0 1MDC
Conversion tables
The exchange rate of 1MDC is decreasing.1 1MDC is currently valued at ر.ق 0.{8}4919 QAR , which means buying 5 1MDC will cost ر.ق 0.{7}2460 QAR . Similarly, ر.ق1 QAR can be traded for 203,286,870.81 1MDC, and ر.ق50 QAR can be converted to 10,164,343,540.37 1MDC, excluding any platform or gas fees.
The exchange rate of 1 1MDC to Qatari Rial has changed by -37.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.38%, reaching a high of 0.{8}6543 QAR and a low of 0.{8}6034 QAR . One month ago, the value of 1 1MDC was ر.ق 0.{7}2073 QAR , which represents a -71.65% change from its current value. Over the last year, 1MDC has changed by , resulting in a change of 0.00% in its value.
+ر.ق
0.{8}2625QAR1MDC to QAR
Amount
11:44 am today
0.5 1MDC
ر.ق0.{8}2460
1 1MDC
ر.ق0.{8}4919
5 1MDC
ر.ق0.{7}2460
10 1MDC
ر.ق0.{7}4919
50 1MDC
ر.ق0.{6}2460
100 1MDC
ر.ق0.{6}4919
500 1MDC
ر.ق0.{5}2460
1000 1MDC
ر.ق0.{5}4919
QAR to 1MDC
Amount11:44 am today
0.5QAR101,643,435.4 1MDC
1QAR203,286,870.81 1MDC
5QAR1,016,434,354.04 1MDC
10QAR2,032,868,708.07 1MDC
50QAR10,164,343,540.37 1MDC
100QAR20,328,687,080.74 1MDC
500QAR101,643,435,403.7 1MDC
1000QAR203,286,870,807.4 1MDC
Today vs. 24 hours ago
| Amount | 11:44 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 1MDC | $0.{9}6774 | $0.{9}7168 | -4.38% |
| 1 1MDC | $0.{8}1355 | $0.{8}1434 | -4.38% |
| 5 1MDC | $0.{8}6774 | $0.{8}7168 | -4.38% |
| 10 1MDC | $0.{7}1355 | $0.{7}1434 | -4.38% |
| 50 1MDC | $0.{7}6774 | $0.{7}7168 | -4.38% |
| 100 1MDC | $0.{6}1355 | $0.{6}1434 | -4.38% |
| 500 1MDC | $0.{6}6774 | $0.{6}7168 | -4.38% |
| 1000 1MDC | $0.{5}1355 | $0.{5}1434 | -4.38% |
Today vs. 1 month ago
| Amount | 11:44 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 1MDC | $0.{9}6774 | $0.{8}2854 | -71.65% |
| 1 1MDC | $0.{8}1355 | $0.{8}5709 | -71.65% |
| 5 1MDC | $0.{8}6774 | $0.{7}2854 | -71.65% |
| 10 1MDC | $0.{7}1355 | $0.{7}5709 | -71.65% |
| 50 1MDC | $0.{7}6774 | $0.{6}2854 | -71.65% |
| 100 1MDC | $0.{6}1355 | $0.{6}5709 | -71.65% |
| 500 1MDC | $0.{6}6774 | $0.{5}2854 | -71.65% |
| 1000 1MDC | $0.{5}1355 | $0.{5}5709 | -71.65% |
Today vs. 1 year ago
| Amount | 11:44 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 1MDC | $0.{9}6774 | $-0.{9}1842 | 0.00% |
| 1 1MDC | $0.{8}1355 | $-0.{9}3683 | 0.00% |
| 5 1MDC | $0.{8}6774 | $-0.{8}1842 | 0.00% |
| 10 1MDC | $0.{7}1355 | $-0.{8}3683 | 0.00% |
| 50 1MDC | $0.{7}6774 | $-0.{7}1842 | 0.00% |
| 100 1MDC | $0.{6}1355 | $-0.{7}3683 | 0.00% |
| 500 1MDC | $0.{6}6774 | $-0.{6}1842 | 0.00% |
| 1000 1MDC | $0.{5}1355 | $-0.{6}3683 | 0.00% |
1MDC price prediction
What will the price of 1MDC be in 2025?
Based on 1MDC's historical price performance prediction model, the price of 1MDC is projected to reach $0.{8}9805 in 2025.
What will the price of 1MDC be in 2030?
In 2030, the 1MDC price is expected to change by -10.00%. By the end of 2030, the 1MDC price is projected to reach $0.{8}9678, with a cumulative ROI of +461.66%.
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Popular 1MDC conversions
Check out these popular currency conversions of 1MDC to several fiat currencies.
1MDC to USD
1 1MDC to $ 0.{8}1355 USD
1MDC to GBP
1 1MDC to £ 0.{8}1083 GBP
1MDC to EUR
1 1MDC to € 0.{8}1301 EUR
1MDC to KRW
1 1MDC to ₩ 0.{5}1999 KRW
1MDC to CAD
1 1MDC to $ 0.{8}1952 CAD
1MDC to AUD
1 1MDC to $ 0.{8}2183 AUD
1MDC to JPY
1 1MDC to ¥ 0.{6}2138 JPY
1MDC to BRL
1 1MDC to R$ 0.{8}8380 BRL
1MDC to CNY
1 1MDC to ¥ 0.{8}9893 CNY
1MDC to TWD
1 1MDC to NT$ 0.{7}4451 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in 1MDC.
Bitcoin to QAR
1 BTC to ر.ق 349,848.5 QAR
Ethereum to QAR
1 ETH to ر.ق 12,350.19 QAR
GMT to QAR
1 GMT to ر.ق 0.6976 QAR
XRP to QAR
1 XRP to ر.ق 7.98 QAR
THENA to QAR
1 THE to ر.ق 5.48 QAR
TRON to QAR
1 TRX to ر.ق 0.9532 QAR
BNB to QAR
1 BNB to ر.ق 2,557.72 QAR
Uniswap to QAR
1 UNI to ر.ق 50.8 QAR
Ethereum Name Service to QAR
1 ENS to ر.ق 126.25 QAR
FLOKI to QAR
1 FLOKI to ر.ق 0.0006505 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 1MDC 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 1MDC 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 1MDC 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.
