MAGIC
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 Treasure(MAGIC) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 MAGIC at a value of 1 MAGIC for 1.77 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 Treasure currency pair is the MAGIC to QAR, with for Treasure's currency code being MAGIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
MAGIC to QAR conversion rate trend
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In the past 1D, Treasure has changed +1.74% to QAR. Based on the trend and price charts, Treasure(MAGIC) has changed +1.74% to QAR while Qatari Rial(QAR) has changed % to MAGIC in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق1.78 | 0.0200% / 0.0320%  VIP 7 | |
Binance | ر.ق1.78 | 0.1000% / 0.1000% | Yes |
OKX | ر.ق1.78 | 0.080% / 0.100% | Yes |
Huobi | ر.ق1.78 | 0.1000% / 0.1000% | Yes |
Gate.io | ر.ق1.78 | 0.1000% / 0.1000% | Yes |
Bybit | ر.ق1.78 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.ق1.77 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/10 11:00:21(UTC+0)
How to buy Treasure
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Treasure (MAGIC)
Use a variety of payment options to buy Treasure on Bitget. We'll show you how.
Buy MAGIC (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of MAGIC with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy MAGIC 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 MAGIC (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of MAGIC to QAR. However, you can first exchange MAGIC for USDT in the Bitget spot market, and then sell USDT to QAR in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
A AYMAN TAWFIK  0 trades｜Completion rate 0.00% | 3.6 QAR | Amount1000 USDT Limit50 - 3600 QAR |   | |
M Mujtaba Trading 1x 0 trades｜Completion rate 0.00% | 3.45 QAR | Amount5000 USDT Limit2500 - 17250 QAR |  | |
T The Zee_Ex. Co. 2 trades｜Completion rate 100.00% | 3.4 QAR | Amount5000 USDT Limit300 - 16900 QAR |  | |
Q QATARCRYPTO974 0 trades｜Completion rate 0.00% | 3.35 QAR | Amount9831.53 USDT Limit200 - 10000 QAR |   | |
T The Zee_Ex. Co. 2 trades｜Completion rate 100.00% | 3.01 QAR | Amount4640.89 USDT Limit50 - 15050 QAR | |
What factors influence the conversion rate of Treasure to Qatari Rial?
Treasure to Qatari Rial is falling this week.Treasure's current market price is ر.ق 1.77 per MAGIC, with a total market cap of ر.ق 457,250,097.43 QAR based on a circulating supply of 258,180,480 MAGIC. The trading volume of Treasure has changed by -10.26% (ر.ق -6,813,871.64 QAR) in the last 24 hours. Last trading day, MAGIC's trading volume was ر.ق 66,386,122.74.
Market cap
$125.28M
24h volume
$16.32M
Circulating supply
258.18M MAGIC
Conversion tables
The exchange rate of Treasure is decreasing.1 MAGIC is currently valued at ر.ق 1.77 QAR , which means buying 5 MAGIC will cost ر.ق 8.86 QAR . Similarly, ر.ق1 QAR can be traded for 0.5646 MAGIC, and ر.ق50 QAR can be converted to 28.23 MAGIC, excluding any platform or gas fees.
The exchange rate of 1 MAGIC to Qatari Rial has changed by -13.59% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.74%, reaching a high of 1.8 QAR and a low of 1.72 QAR . One month ago, the value of 1 MAGIC was ر.ق 2.81 QAR , which represents a -36.96% change from its current value. Over the last year, Treasure has changed by , resulting in a change of -38.93% in its value.
-ر.ق
1.13QARMAGIC to QAR
Amount
11:50 am today
0.5 MAGIC
ر.ق0.8855
1 MAGIC
ر.ق1.77
5 MAGIC
ر.ق8.86
10 MAGIC
ر.ق17.71
50 MAGIC
ر.ق88.55
100 MAGIC
ر.ق177.1
500 MAGIC
ر.ق885.52
1000 MAGIC
ر.ق1,771.05
QAR to MAGIC
Amount11:50 am today
0.5QAR0.2823 MAGIC
1QAR0.5646 MAGIC
5QAR2.82 MAGIC
10QAR5.65 MAGIC
50QAR28.23 MAGIC
100QAR56.46 MAGIC
500QAR282.32 MAGIC
1000QAR564.64 MAGIC
Today vs. 24 hours ago
| Amount | 11:50 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAGIC | $0.2426 | $0.2385 | +1.74% |
| 1 MAGIC | $0.4853 | $0.4769 | +1.74% |
| 5 MAGIC | $2.43 | $2.38 | +1.74% |
| 10 MAGIC | $4.85 | $4.77 | +1.74% |
| 50 MAGIC | $24.26 | $23.85 | +1.74% |
| 100 MAGIC | $48.53 | $47.69 | +1.74% |
| 500 MAGIC | $242.63 | $238.46 | +1.74% |
| 1000 MAGIC | $485.26 | $476.93 | +1.74% |
Today vs. 1 month ago
| Amount | 11:50 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAGIC | $0.2426 | $0.3851 | -36.96% |
| 1 MAGIC | $0.4853 | $0.7703 | -36.96% |
| 5 MAGIC | $2.43 | $3.85 | -36.96% |
| 10 MAGIC | $4.85 | $7.7 | -36.96% |
| 50 MAGIC | $24.26 | $38.51 | -36.96% |
| 100 MAGIC | $48.53 | $77.03 | -36.96% |
| 500 MAGIC | $242.63 | $385.15 | -36.96% |
| 1000 MAGIC | $485.26 | $770.29 | -36.96% |
Today vs. 1 year ago
| Amount | 11:50 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAGIC | $0.2426 | $0.3976 | -38.93% |
| 1 MAGIC | $0.4853 | $0.7952 | -38.93% |
| 5 MAGIC | $2.43 | $3.98 | -38.93% |
| 10 MAGIC | $4.85 | $7.95 | -38.93% |
| 50 MAGIC | $24.26 | $39.76 | -38.93% |
| 100 MAGIC | $48.53 | $79.52 | -38.93% |
| 500 MAGIC | $242.63 | $397.58 | -38.93% |
| 1000 MAGIC | $485.26 | $795.16 | -38.93% |
Treasure price prediction
What will the price of MAGIC be in 2025?
Based on MAGIC's historical price performance prediction model, the price of MAGIC is projected to reach $0.7203 in 2025.
What will the price of MAGIC be in 2030?
In 2030, the MAGIC price is expected to change by -3.00%. By the end of 2030, the MAGIC price is projected to reach $1.58, with a cumulative ROI of +224.79%.
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Popular Treasure conversions
Check out these popular currency conversions of Treasure to several fiat currencies.
Treasure to USD
1 MAGIC to $ 0.4853 USD
Treasure to GBP
1 MAGIC to £ 0.3788 GBP
Treasure to EUR
1 MAGIC to € 0.4483 EUR
Treasure to KRW
1 MAGIC to ₩ 672.05 KRW
Treasure to CAD
1 MAGIC to $ 0.6615 CAD
Treasure to AUD
1 MAGIC to $ 0.7199 AUD
Treasure to JPY
1 MAGIC to ¥ 78.39 JPY
Treasure to BRL
1 MAGIC to R$ 2.63 BRL
Treasure to CNY
1 MAGIC to ¥ 3.54 CNY
Treasure to TWD
1 MAGIC to NT$ 15.83 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Treasure.
Bitcoin to QAR
1 BTC to ر.ق 213,588.2 QAR
Biaoqing to QAR
1 BIAO to ر.ق 0.04568 QAR
Notcoin to QAR
1 NOT to ر.ق 0.05760 QAR
PeiPei (ETH) to QAR
1 PEIPEI to ر.ق -- QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}3350 QAR
Hooked Protocol to QAR
1 HOOK to ر.ق 1.73 QAR
Solana to QAR
1 SOL to ر.ق 521.67 QAR
XRP to QAR
1 XRP to ر.ق 1.61 QAR
Celestia to QAR
1 TIA to ر.ق 24.24 QAR
Toncoin to QAR
1 TON to ر.ق 26.77 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 Treasure 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 Treasure 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 Treasure 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.
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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.
