VELA
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 Vela Exchange(VELA) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 VELA at a value of 1 VELA for 0.08 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 Vela Exchange currency pair is the VELA to QAR, with for Vela Exchange's currency code being VELA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
VELA to QAR conversion rate trend
1D7D1M3M1YAll
In the past 1D, Vela Exchange has changed +0.95% to QAR. Based on the trend and price charts, Vela Exchange(VELA) has changed +0.95% to QAR while Qatari Rial(QAR) has changed % to VELA in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.08164 | 0.0200% / 0.0320%  VIP 7 | |
OKX | ر.ق0.1062 | 0.080% / 0.100% | Yes |
Gate.io | ر.ق0.08182 | 0.1000% / 0.1000% | Yes |
Bybit | ر.ق0.08178 | 0.1000% / 0.1000% | Yes |
Last updated 2024/12/27 16:00:18(UTC+0)
How to buy Vela Exchange
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 Vela Exchange (VELA)
Use a variety of payment options to buy Vela Exchange on Bitget. We'll show you how.
Learn MoreBuy VELA (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of VELA with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy VELA 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 VELA (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of VELA to QAR. However, you can first exchange VELA 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 Vela Exchange to Qatari Rial?
Vela Exchange to Qatari Rial is rising this week.Vela Exchange's current market price is ر.ق 0.08259 per VELA, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- VELA. The trading volume of Vela Exchange has changed by -20.59% (ر.ق -91,133.61 QAR) in the last 24 hours. Last trading day, VELA's trading volume was ر.ق 442,679.82.
Market cap
$0
24h volume
$96.46K
Circulating supply
0 VELA
Conversion tables
The exchange rate of Vela Exchange is decreasing.1 VELA is currently valued at ر.ق 0.08259 QAR , which means buying 5 VELA will cost ر.ق 0.4130 QAR . Similarly, ر.ق1 QAR can be traded for 12.11 VELA, and ر.ق50 QAR can be converted to 605.39 VELA, excluding any platform or gas fees.
The exchange rate of 1 VELA to Qatari Rial has changed by +0.13% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.95%, reaching a high of 0.08396 QAR and a low of 0.08115 QAR . One month ago, the value of 1 VELA was ر.ق 0.1027 QAR , which represents a -19.51% change from its current value. Over the last year, Vela Exchange has changed by , resulting in a change of -97.42% in its value.
-ر.ق
3.14QARVELA to QAR
Amount
21:25 today
0.5 VELA
ر.ق0.04130
1 VELA
ر.ق0.08259
5 VELA
ر.ق0.4130
10 VELA
ر.ق0.8259
50 VELA
ر.ق4.13
100 VELA
ر.ق8.26
500 VELA
ر.ق41.3
1000 VELA
ر.ق82.59
QAR to VELA
Amount21:25 today
0.5QAR6.05 VELA
1QAR12.11 VELA
5QAR60.54 VELA
10QAR121.08 VELA
50QAR605.39 VELA
100QAR1,210.78 VELA
500QAR6,053.88 VELA
1000QAR12,107.76 VELA
Today vs. 24 hours ago
| Amount | 21:25 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 VELA | $0.01133 | $0.01122 | +0.95% |
| 1 VELA | $0.02266 | $0.02245 | +0.95% |
| 5 VELA | $0.1133 | $0.1122 | +0.95% |
| 10 VELA | $0.2266 | $0.2245 | +0.95% |
| 50 VELA | $1.13 | $1.12 | +0.95% |
| 100 VELA | $2.27 | $2.24 | +0.95% |
| 500 VELA | $11.33 | $11.22 | +0.95% |
| 1000 VELA | $22.66 | $22.45 | +0.95% |
Today vs. 1 month ago
| Amount | 21:25 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 VELA | $0.01133 | $0.01409 | -19.51% |
| 1 VELA | $0.02266 | $0.02819 | -19.51% |
| 5 VELA | $0.1133 | $0.1409 | -19.51% |
| 10 VELA | $0.2266 | $0.2819 | -19.51% |
| 50 VELA | $1.13 | $1.41 | -19.51% |
| 100 VELA | $2.27 | $2.82 | -19.51% |
| 500 VELA | $11.33 | $14.09 | -19.51% |
| 1000 VELA | $22.66 | $28.19 | -19.51% |
Today vs. 1 year ago
| Amount | 21:25 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 VELA | $0.01133 | $0.4418 | -97.42% |
| 1 VELA | $0.02266 | $0.8836 | -97.42% |
| 5 VELA | $0.1133 | $4.42 | -97.42% |
| 10 VELA | $0.2266 | $8.84 | -97.42% |
| 50 VELA | $1.13 | $44.18 | -97.42% |
| 100 VELA | $2.27 | $88.36 | -97.42% |
| 500 VELA | $11.33 | $441.81 | -97.42% |
| 1000 VELA | $22.66 | $883.63 | -97.42% |
Vela Exchange price prediction
What will the price of VELA be in 2025?
Based on VELA's historical price performance prediction model, the price of VELA is projected to reach $0.1301 in 2025.
What will the price of VELA be in 2030?
In 2030, the VELA price is expected to change by -10.00%. By the end of 2030, the VELA price is projected to reach $0.2645, with a cumulative ROI of +1077.79%.
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 Vela Exchange conversions
Check out these popular currency conversions of Vela Exchange to several fiat currencies.
Vela Exchange to USD
1 VELA to $ 0.02266 USD
Vela Exchange to GBP
1 VELA to £ 0.01802 GBP
Vela Exchange to EUR
1 VELA to € 0.02173 EUR
Vela Exchange to KRW
1 VELA to ₩ 33.38 KRW
Vela Exchange to CAD
1 VELA to $ 0.03268 CAD
Vela Exchange to AUD
1 VELA to $ 0.03645 AUD
Vela Exchange to JPY
1 VELA to ¥ 3.58 JPY
Vela Exchange to BRL
1 VELA to R$ 0.1403 BRL
Vela Exchange to CNY
1 VELA to ¥ 0.1654 CNY
Vela Exchange to TWD
1 VELA to NT$ 0.7430 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Vela Exchange.
Bitcoin to QAR
1 BTC to ر.ق 344,727.01 QAR
Ethereum to QAR
1 ETH to ر.ق 12,145.28 QAR
GMT to QAR
1 GMT to ر.ق 0.7366 QAR
XRP to QAR
1 XRP to ر.ق 7.88 QAR
BNB to QAR
1 BNB to ر.ق 2,523.13 QAR
TRON to QAR
1 TRX to ر.ق 0.9482 QAR
Phala Network to QAR
1 PHA to ر.ق 1.87 QAR
Stratis [New] to QAR
1 STRAX to ر.ق 0.2806 QAR
![other assets Stratis [New]](https://img.bitgetimg.com/multiLang/coinPriceLogo/9a7d28f236a930ed5ccfa997352e6b521711645984131.png)
Cardano to QAR
1 ADA to ر.ق 3.23 QAR
Wormhole to QAR
1 W to ر.ق 1.09 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 Vela Exchange 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 Vela Exchange 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 Vela Exchange 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.
