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base info shork

shork to Qatari Rial Converter and calculator

Convert 1shork (SHORK) to Qatari Rial (QAR) equals ر.ق 0.0008419 | Bitget
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Last updated 2024/12/22 19:31:09 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of shork(SHORK) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 SHORK at a value of 1 SHORK for 0.00 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.

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Bitget crypto-to-fiat exchange data shows that the most popular shork currency pair is the SHORK to QAR, with for shork's currency code being SHORK. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

SHORK to QAR conversion rate trend

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Live shork (SHORK) price chart
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In the past 1D, shork has changed -2.59% to QAR. Based on the trend and price charts, shork(SHORK) has changed -2.59% to QAR while Qatari Rial(QAR) has changed +2.66% to SHORK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق0.0008419
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/22 16:34:04(UTC+0)

How to buy shork

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Buy shork (SHORK)
Use a variety of payment options to buy shork on Bitget. We'll show you how.

Buy SHORK (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading does not currently support direct buying of SHORK with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy SHORK with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell SHORK (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading currently does not support direct selling of SHORK to QAR. However, you can first exchange SHORK for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of shork to Qatari Rial?

shork to Qatari Rial is falling this week.
shork's current market price is ر.ق 0.0008419 per SHORK, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- SHORK. The trading volume of shork has changed by -99.85% (ر.ق -1,115.84 QAR) in the last 24 hours. Last trading day, SHORK's trading volume was ر.ق 1,117.52.
Market cap
$0
24h volume
$0.46136263
Circulating supply
0 SHORK

Conversion tables

The exchange rate of shork is decreasing.
1 SHORK is currently valued at ر.ق 0.0008419 QAR , which means buying 5 SHORK will cost ر.ق 0.004209 QAR . Similarly, ر.ق1 QAR can be traded for 1,187.82 SHORK, and ر.ق50 QAR can be converted to 59,390.83 SHORK, excluding any platform or gas fees.
The exchange rate of 1 SHORK to Qatari Rial has changed by -19.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.59%, reaching a high of 0.0008643 QAR and a low of 0.0008419 QAR . One month ago, the value of 1 SHORK was ر.ق 0.001374 QAR , which represents a -38.72% change from its current value. Over the last year, shork has changed by
-ر.ق
0.02427QAR
, resulting in a change of -96.65% in its value.

SHORK to QAR

Amount
19:31 today
0.5 SHORK
ر.ق0.0004209
1 SHORK
ر.ق0.0008419
5 SHORK
ر.ق0.004209
10 SHORK
ر.ق0.008419
50 SHORK
ر.ق0.04209
100 SHORK
ر.ق0.08419
500 SHORK
ر.ق0.4209
1000 SHORK
ر.ق0.8419

QAR to SHORK

Amount19:31 today
0.5QAR593.91  SHORK
1QAR1,187.82  SHORK
5QAR5,939.08  SHORK
10QAR11,878.17  SHORK
50QAR59,390.83  SHORK
100QAR118,781.66  SHORK
500QAR593,908.3  SHORK
1000QAR1,187,816.6  SHORK

Today vs. 24 hours ago

Amount19:31 today24 hours ago24h change
0.5 SHORK$0.0001159$0.0001190
-2.59%
1 SHORK$0.0002319$0.0002380
-2.59%
5 SHORK$0.001159$0.001190
-2.59%
10 SHORK$0.002319$0.002380
-2.59%
50 SHORK$0.01159$0.01190
-2.59%
100 SHORK$0.02319$0.02380
-2.59%
500 SHORK$0.1159$0.1190
-2.59%
1000 SHORK$0.2319$0.2380
-2.59%

Today vs. 1 month ago

Amount19:31 today1 month ago1M change
0.5 SHORK$0.0001159$0.0001892
-38.72%
1 SHORK$0.0002319$0.0003783
-38.72%
5 SHORK$0.001159$0.001892
-38.72%
10 SHORK$0.002319$0.003783
-38.72%
50 SHORK$0.01159$0.01892
-38.72%
100 SHORK$0.02319$0.03783
-38.72%
500 SHORK$0.1159$0.1892
-38.72%
1000 SHORK$0.2319$0.3783
-38.72%

Today vs. 1 year ago

Amount19:31 today1 year ago1Y change
0.5 SHORK$0.0001159$0.003458
-96.65%
1 SHORK$0.0002319$0.006915
-96.65%
5 SHORK$0.001159$0.03458
-96.65%
10 SHORK$0.002319$0.06915
-96.65%
50 SHORK$0.01159$0.3458
-96.65%
100 SHORK$0.02319$0.6915
-96.65%
500 SHORK$0.1159$3.46
-96.65%
1000 SHORK$0.2319$6.92
-96.65%

shork price prediction

What will the price of SHORK be in 2025?

Based on SHORK's historical price performance prediction model, the price of SHORK is projected to reach $0.0009644 in 2025.

What will the price of SHORK be in 2030?

In 2030, the SHORK price is expected to change by -18.00%. By the end of 2030, the SHORK price is projected to reach $0.0009393, with a cumulative ROI of +216.57%.

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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.