PARAS
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 Paras(PARAS) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 PARAS at a value of 1 PARAS for 0.02 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 Paras currency pair is the PARAS to QAR, with for Paras's currency code being PARAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
PARAS to QAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, Paras has changed -2.01% to QAR. Based on the trend and price charts, Paras(PARAS) has changed -2.01% to QAR while Qatari Rial(QAR) has changed % to PARAS in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.01781 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/02 16:34:35(UTC+0)
How to buy Paras
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Paras (PARAS)
Use a variety of payment options to buy Paras on Bitget. We'll show you how.
Buy PARAS (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of PARAS with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy PARAS with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell PARAS (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of PARAS to QAR. However, you can first exchange PARAS 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 |
|---|
No matching ads found.
What factors influence the conversion rate of Paras to Qatari Rial?
Paras to Qatari Rial is falling this week.Paras's current market price is ر.ق 0.01781 per PARAS, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- PARAS. The trading volume of Paras has changed by -96.18% (ر.ق -1,725.78 QAR) in the last 24 hours. Last trading day, PARAS's trading volume was ر.ق 1,794.35.
Market cap
$0
24h volume
$18.83403784
Circulating supply
0 PARAS
Conversion tables
The exchange rate of Paras is decreasing.1 PARAS is currently valued at ر.ق 0.01781 QAR , which means buying 5 PARAS will cost ر.ق 0.08905 QAR . Similarly, ر.ق1 QAR can be traded for 56.15 PARAS, and ر.ق50 QAR can be converted to 2,807.37 PARAS, excluding any platform or gas fees.
The exchange rate of 1 PARAS to Qatari Rial has changed by -3.09% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.01%, reaching a high of 0.01822 QAR and a low of 0.01780 QAR . One month ago, the value of 1 PARAS was ر.ق 0.03811 QAR , which represents a -53.26% change from its current value. Over the last year, Paras has changed by , resulting in a change of -28.71% in its value.
-ر.ق
0.007171QARPARAS to QAR
Amount
19:36 today
0.5 PARAS
ر.ق0.008905
1 PARAS
ر.ق0.01781
5 PARAS
ر.ق0.08905
10 PARAS
ر.ق0.1781
50 PARAS
ر.ق0.8905
100 PARAS
ر.ق1.78
500 PARAS
ر.ق8.91
1000 PARAS
ر.ق17.81
QAR to PARAS
Amount19:36 today
0.5QAR28.07 PARAS
1QAR56.15 PARAS
5QAR280.74 PARAS
10QAR561.47 PARAS
50QAR2,807.37 PARAS
100QAR5,614.75 PARAS
500QAR28,073.73 PARAS
1000QAR56,147.46 PARAS
Today vs. 24 hours ago
| Amount | 19:36 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PARAS | $0.002446 | $0.002496 | -2.01% |
| 1 PARAS | $0.004892 | $0.004992 | -2.01% |
| 5 PARAS | $0.02446 | $0.02496 | -2.01% |
| 10 PARAS | $0.04892 | $0.04992 | -2.01% |
| 50 PARAS | $0.2446 | $0.2496 | -2.01% |
| 100 PARAS | $0.4892 | $0.4992 | -2.01% |
| 500 PARAS | $2.45 | $2.5 | -2.01% |
| 1000 PARAS | $4.89 | $4.99 | -2.01% |
Today vs. 1 month ago
| Amount | 19:36 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PARAS | $0.002446 | $0.005233 | -53.26% |
| 1 PARAS | $0.004892 | $0.01047 | -53.26% |
| 5 PARAS | $0.02446 | $0.05233 | -53.26% |
| 10 PARAS | $0.04892 | $0.1047 | -53.26% |
| 50 PARAS | $0.2446 | $0.5233 | -53.26% |
| 100 PARAS | $0.4892 | $1.05 | -53.26% |
| 500 PARAS | $2.45 | $5.23 | -53.26% |
| 1000 PARAS | $4.89 | $10.47 | -53.26% |
Today vs. 1 year ago
| Amount | 19:36 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PARAS | $0.002446 | $0.003431 | -28.71% |
| 1 PARAS | $0.004892 | $0.006861 | -28.71% |
| 5 PARAS | $0.02446 | $0.03431 | -28.71% |
| 10 PARAS | $0.04892 | $0.06861 | -28.71% |
| 50 PARAS | $0.2446 | $0.3431 | -28.71% |
| 100 PARAS | $0.4892 | $0.6861 | -28.71% |
| 500 PARAS | $2.45 | $3.43 | -28.71% |
| 1000 PARAS | $4.89 | $6.86 | -28.71% |
Paras price prediction
What will the price of PARAS be in 2025?
Based on PARAS's historical price performance prediction model, the price of PARAS is projected to reach $0.008868 in 2025.
What will the price of PARAS be in 2030?
In 2030, the PARAS price is expected to change by -10.00%. By the end of 2030, the PARAS price is projected to reach $0.01955, with a cumulative ROI of +243.78%.
Other crypto price predictions
Bitcoin(BTC)Price predictions
Ethereum(ETH)Price predictions
Celestia(TIA)Price predictions
Solana(SOL)Price predictions
Worldcoin(WLD)Price predictions
Bittensor(TAO)Price predictions
Dogecoin(DOGE)Price predictions
PepeCoin(PEPECOIN)Price predictions
Pandora(PANDORA)Price predictions
ORDI(ORDI)Price predictions
Bitget Earn
A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin
APR
Action
Purchase other cryptocurrencies with similar market cap
Popular Paras conversions
Check out these popular currency conversions of Paras to several fiat currencies.
Paras to USD
1 PARAS to $ 0.004892 USD
Paras to GBP
1 PARAS to £ 0.003784 GBP
Paras to EUR
1 PARAS to € 0.004498 EUR
Paras to KRW
1 PARAS to ₩ 6.75 KRW
Paras to CAD
1 PARAS to $ 0.006832 CAD
Paras to AUD
1 PARAS to $ 0.007456 AUD
Paras to JPY
1 PARAS to ¥ 0.7486 JPY
Paras to BRL
1 PARAS to R$ 0.02871 BRL
Paras to CNY
1 PARAS to ¥ 0.03487 CNY
Paras to TWD
1 PARAS to NT$ 0.1562 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Paras.
Bitcoin to QAR
1 BTC to ر.ق 252,800.76 QAR
Grass to QAR
1 GRASS to ر.ق -- QAR
Solana to QAR
1 SOL to ر.ق 597.65 QAR
Sui to QAR
1 SUI to ر.ق 6.89 QAR
Dogecoin to QAR
1 DOGE to ر.ق 0.5788 QAR
Ethereum to QAR
1 ETH to ر.ق 9,057.47 QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}3155 QAR
Virtuals Protocol to QAR
1 VIRTUAL to ر.ق 1.59 QAR
Goatseus Maximus to QAR
1 GOAT to ر.ق 1.61 QAR
BNB to QAR
1 BNB to ر.ق 2,069.86 QAR
Discover more cryptocurrencies
Here are the top 20 cryptocurrencies by market cap.
Latest coin listings on Bitget
New listings
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 Paras 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 Paras 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 Paras 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.
