$DRF
QAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of DRIFE($DRF) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 $DRF at a value of 1 $DRF for 0.06 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 DRIFE currency pair is the $DRF to QAR, with for DRIFE's currency code being $DRF. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
$DRF to QAR conversion rate trend
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In the past 1D, DRIFE has changed -5.98% to QAR. Based on the trend and price charts, DRIFE($DRF) has changed -5.98% to QAR while Qatari Rial(QAR) has changed % to $DRF in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.06754 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/18 16:30:37(UTC+0)
How to buy DRIFE
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy DRIFE ($DRF)
Use a variety of payment options to buy DRIFE on Bitget. We'll show you how.
Buy $DRF (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of $DRF with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy $DRF 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 $DRF (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of $DRF to QAR. However, you can first exchange $DRF 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 |
|---|
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What factors influence the conversion rate of DRIFE to Qatari Rial?
DRIFE to Qatari Rial is falling this week.DRIFE's current market price is ر.ق 0.06268 per $DRF, with a total market cap of ر.ق 57,850,886.94 QAR based on a circulating supply of 923,029,600 $DRF. The trading volume of DRIFE has changed by +25.03% (ر.ق 23,592.08 QAR) in the last 24 hours. Last trading day, $DRF's trading volume was ر.ق 94,270.64.
Market cap
$15.87M
24h volume
$32.33K
Circulating supply
923.03M $DRF
Conversion tables
The exchange rate of DRIFE is decreasing.1 $DRF is currently valued at ر.ق 0.06268 QAR , which means buying 5 $DRF will cost ر.ق 0.3134 QAR . Similarly, ر.ق1 QAR can be traded for 15.96 $DRF, and ر.ق50 QAR can be converted to 797.77 $DRF, excluding any platform or gas fees.
The exchange rate of 1 $DRF to Qatari Rial has changed by -18.73% in the last 7 days. In the last 24 hours, the rate has fluctuated by -5.98%, reaching a high of 0.06766 QAR and a low of 0.06267 QAR . One month ago, the value of 1 $DRF was ر.ق 0.09356 QAR , which represents a -32.94% change from its current value. Over the last year, DRIFE has changed by , resulting in a change of +900.38% in its value.
+ر.ق
0.05660QAR$DRF to QAR
Amount
23:53 today
0.5 $DRF
ر.ق0.03134
1 $DRF
ر.ق0.06268
5 $DRF
ر.ق0.3134
10 $DRF
ر.ق0.6268
50 $DRF
ر.ق3.13
100 $DRF
ر.ق6.27
500 $DRF
ر.ق31.34
1000 $DRF
ر.ق62.68
QAR to $DRF
Amount23:53 today
0.5QAR7.98 $DRF
1QAR15.96 $DRF
5QAR79.78 $DRF
10QAR159.55 $DRF
50QAR797.77 $DRF
100QAR1,595.53 $DRF
500QAR7,977.66 $DRF
1000QAR15,955.32 $DRF
Today vs. 24 hours ago
| Amount | 23:53 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 $DRF | $0.008595 | $0.009143 | -5.98% |
| 1 $DRF | $0.01719 | $0.01829 | -5.98% |
| 5 $DRF | $0.08595 | $0.09143 | -5.98% |
| 10 $DRF | $0.1719 | $0.1829 | -5.98% |
| 50 $DRF | $0.8595 | $0.9143 | -5.98% |
| 100 $DRF | $1.72 | $1.83 | -5.98% |
| 500 $DRF | $8.6 | $9.14 | -5.98% |
| 1000 $DRF | $17.19 | $18.29 | -5.98% |
Today vs. 1 month ago
| Amount | 23:53 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 $DRF | $0.008595 | $0.01283 | -32.94% |
| 1 $DRF | $0.01719 | $0.02566 | -32.94% |
| 5 $DRF | $0.08595 | $0.1283 | -32.94% |
| 10 $DRF | $0.1719 | $0.2566 | -32.94% |
| 50 $DRF | $0.8595 | $1.28 | -32.94% |
| 100 $DRF | $1.72 | $2.57 | -32.94% |
| 500 $DRF | $8.6 | $12.83 | -32.94% |
| 1000 $DRF | $17.19 | $25.66 | -32.94% |
Today vs. 1 year ago
| Amount | 23:53 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 $DRF | $0.008595 | $0.0008325 | +900.38% |
| 1 $DRF | $0.01719 | $0.001665 | +900.38% |
| 5 $DRF | $0.08595 | $0.008325 | +900.38% |
| 10 $DRF | $0.1719 | $0.01665 | +900.38% |
| 50 $DRF | $0.8595 | $0.08325 | +900.38% |
| 100 $DRF | $1.72 | $0.1665 | +900.38% |
| 500 $DRF | $8.6 | $0.8325 | +900.38% |
| 1000 $DRF | $17.19 | $1.67 | +900.38% |
DRIFE price prediction
What will the price of $DRF be in 2025?
Based on $DRF's historical price performance prediction model, the price of $DRF is projected to reach $0.01914 in 2025.
What will the price of $DRF be in 2030?
In 2030, the $DRF price is expected to change by -2.00%. By the end of 2030, the $DRF price is projected to reach $0.03071, with a cumulative ROI of +69.37%.
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Popular DRIFE conversions
Check out these popular currency conversions of DRIFE to several fiat currencies.
DRIFE to USD
1 $DRF to $ 0.01719 USD
DRIFE to GBP
1 $DRF to £ 0.01367 GBP
DRIFE to EUR
1 $DRF to € 0.01660 EUR
DRIFE to KRW
1 $DRF to ₩ 24.95 KRW
DRIFE to CAD
1 $DRF to $ 0.02484 CAD
DRIFE to AUD
1 $DRF to $ 0.02763 AUD
DRIFE to JPY
1 $DRF to ¥ 2.66 JPY
DRIFE to BRL
1 $DRF to R$ 0.1081 BRL
DRIFE to CNY
1 $DRF to ¥ 0.1255 CNY
DRIFE to TWD
1 $DRF to NT$ 0.5625 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in DRIFE.
Bitcoin to QAR
1 BTC to ر.ق 366,266.11 QAR
Usual to QAR
1 USUAL to ر.ق 3.67 QAR
Hedera to QAR
1 HBAR to ر.ق 0.9962 QAR
Ethereum to QAR
1 ETH to ر.ق 13,249.6 QAR
Dogecoin to QAR
1 DOGE to ر.ق 1.31 QAR
Fantom to QAR
1 FTM to ر.ق 4.1 QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}7072 QAR
Bluzelle to QAR
1 BLZ to ر.ق 0.2531 QAR
Bitget Token to QAR
1 BGB to ر.ق 15.44 QAR
Aave to QAR
1 AAVE to ر.ق 1,247.9 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 DRIFE 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 DRIFE 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 DRIFE 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.
