RMBCASH to QAR Converter and calculator

Conversion rates
Convert RMBCASH to QAR
Convert QAR to RMBCASH
RMBCASH to QAR chart
RMBCASH to QAR conversion data: Volatility and price changes of RMBCASH in QAR
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 0.5982 QAR | 0.6223 QAR | 7.78 QAR | 7.78 QAR |
Low | 0.5448 QAR | 0.5448 QAR | 0.5240 QAR | 0.5240 QAR |
Average | 0 QAR | 0 QAR | 0 QAR | 0 QAR |
Volatility | % | % | % | % |
Change | -8.17% | -9.99% | -10.97% | -28.78% |
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RMBCASH information
RMBCASH to QAR market statistics
Current RMBCASH to QAR exchange rate
RMBCASH to Qatari Rial is falling this week.More info about RMBCASH 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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RMBCASH to QAR Conversion tables
| Amount | 13:12 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 RMBCASH | ر.ق0.2750 | ر.ق0.2994 | -8.17% |
1 RMBCASH | ر.ق0.5499 | ر.ق0.5988 | -8.17% |
5 RMBCASH | ر.ق2.75 | ر.ق2.99 | -8.17% |
10 RMBCASH | ر.ق5.5 | ر.ق5.99 | -8.17% |
50 RMBCASH | ر.ق27.5 | ر.ق29.94 | -8.17% |
100 RMBCASH | ر.ق54.99 | ر.ق59.88 | -8.17% |
500 RMBCASH | ر.ق274.96 | ر.ق299.4 | -8.17% |
1000 RMBCASH | ر.ق549.93 | ر.ق598.79 | -8.17% |
RMBCASH to QAR FAQ
What factors influence the conversion rate of RMBCASH to QAR?
Popular exchange rates — Crypto-to-Fiat converter
The price of RMBCASH in the US is $0.1506 USD. Additionally, RMBCASH’s price is €0.1290 EUR in the eurozone, £0.1120 GBP in the UK, C$0.2090 CAD in Canada, ₹13.55 INR in India, ₨42.19 PKR in Pakistan, R$0.8132 BRL in Brazil, and more.
The most popular RMBCASH currency pair is the RMBCASH to Qatari Rial(QAR). The price of 1 RMBCASH (RMBCASH) in Qatari Rial (QAR) is ر.ق0.5499.
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