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GMFI to QAR Converter and calculator

GMFI/QAR: 1 GMFI = 0.004826 QAR. The price of converting 1 Golden Magfi (GMFI) to Qatari Rial (QAR) is 0.004826 QAR today.
GMFI
GMFI
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMFI to QAR real-time exchange rates, making it easy to convert Golden Magfi (GMFI) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 GMFI is currently valued at 0.00 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMFI is currently valued at 0.00 QAR, which means buying 5 GMFI would cost 0.02 QAR. Similarly, ر.ق1 QAR can be converted to 207.22 GMFI, and ر.ق50 QAR can be converted to 1,036.11 GMFI, excluding any platform or gas fees.

Convert GMFI to QAR

Convert QAR to GMFI

Golden Magfi
Qatari Rial
10000 GMFI
48.26  QAR
In the table above, you'll find a comprehensive GMFI to QAR converter that shows the value of Golden Magfi in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 GMFI to QAR, all the way up to 10000 GMFI, providing a clear view of their respective values.
Qatari Rial
Golden Magfi
500 QAR
103,611.36 GMFI
1000 QAR
207,222.72 GMFI
2000 QAR
414,445.44 GMFI
5000 QAR
1,036,113.6 GMFI
10000 QAR
2,072,227.19 GMFI
50000 QAR
10,361,135.96 GMFI
100000 QAR
20,722,271.92 GMFI
In the table above, you'll find a comprehensive QAR to GMFI converter that shows the value of Qatari Rial in Golden Magfi across commonly used conversion amounts. The list covers conversions from 1 QAR to GMFI, all the way up to 100000 QAR, providing a clear view of their respective values.

GMFI to QAR chart

GMFI/QAR: 1 GMFI = 0.004826 QAR; 2025/04/27 10:44:01
In the past 1D, Golden Magfi has changed +2.94% to QAR. Based on the trend and price charts, Golden Magfi(GMFI) has changed +2.94% to QAR while Qatari Rial(QAR) has changed % to GMFI in the last 24 hours.
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GMFI to QAR conversion data: Volatility and price changes of Golden Magfi in QAR

The highest Golden Magfi price in QAR over the past 7 days was 0.006444 QAR while the lowest Golden Magfi price in QAR over the past 7 days was 0.003486 QAR. The relative change between the highs and lows in Golden Magfi price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GMFI to QAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.006444 QAR
0.006444 QAR
0.007053 QAR
0.02625 QAR
Low
0.003610 QAR
0.003486 QAR
0.003476 QAR
0.003476 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
+2.94%
+38.43%
-33.27%
-80.25%

Golden Magfi information

GMFI to QAR market statistics

GMFI/QAR:
ر.ق0.004826
GMFI 24h volume:
ر.ق680.89
GMFI market cap:
--
GMFI circulating supply:
0 GMFI

Current GMFI to QAR exchange rate

Golden Magfi to Qatari Rial is rising this week.
Golden Magfi's current market price is ر.ق0.004826 per GMFI, with a total market cap of ر.ق0 QAR based on a circulating supply of -- GMFI. The trading volume of Golden Magfi has changed by +2.87% (ر.ق19.03 QAR) in the last 24 hours. Last trading day, GMFI's trading volume was ر.ق661.86.

More info about Golden Magfi 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.

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

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How to convert GMFI to QAR

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GMFI to QAR Conversion tables

The exchange rate of Golden Magfi is decreasing.
The exchange rate of 1 GMFI to Qatari Rial has changed by +38.43% in the last 7 days. In the last 24 hours, the rate has fluctuated by +2.94%, reaching a high of 0.006444 QAR and a low of 0.003610 QAR . One month ago, the value of 1 GMFI was ر.ق0.007232 QAR , which represents a -33.27% change from its current value. Over the last year, Golden Magfi has changed by
-ر.ق
0.5343QAR
, resulting in a change of -99.10% in its value.
24 hours ago1 month ago1 year ago
Amount10:44 am today24 hours ago24h change
0.5 GMFIر.ق0.002413ر.ق0.002344
+2.94%
1 GMFIر.ق0.004826ر.ق0.004688
+2.94%
5 GMFIر.ق0.02413ر.ق0.02344
+2.94%
10 GMFIر.ق0.04826ر.ق0.04688
+2.94%
50 GMFIر.ق0.2413ر.ق0.2344
+2.94%
100 GMFIر.ق0.4826ر.ق0.4688
+2.94%
500 GMFIر.ق2.41ر.ق2.34
+2.94%
1000 GMFIر.ق4.83ر.ق4.69
+2.94%

GMFI to QAR FAQ

How much is 1 Golden Magfi in QAR?
Right now, the price of 1 Golden Magfi (GMFI) in Qatari Rial (QAR) is ر.ق0.004826.
How much GMFI can I buy for 1 QAR?
Based on the current exchange rate, you can get 207.22 GMFI for 1 QAR.
How do I calculate or convert GMFI to QAR?
You can use our GMFI to QAR calculator at the top of this page to convert any amount of GMFI to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 1,036.11 GMFI, while 5 GMFI will cost around 0.02413QAR.
What is the highest price of GMFI/QAR in history?
The all-time high price of 1 GMFI in QAR is ر.ق0.9060. It remains to be seen if the value of 1 GMFI/QAR will exceed the current all-time high.
What is the price trend of Golden Magfi in QAR?
Over the past 7 days, the exchange rate of Golden Magfi (GMFI) has gone up by 38.43%.   Over the last month, the exchange rate of Golden Magfi (GMFI) has gone down by 33.27% against Qatari Rial (QAR).

What factors influence the conversion rate of GMFI to QAR?

There are many factors that affect the relationship between Golden Magfi and Qatari Rial, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of GMFI/QAR. When there is positive news in the market about the widespread adoption of GMFI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMFI/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMFI/QAR.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of GMFI/QAR. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Golden Magfi and adjust their investment strategies accordingly in the evolving market.

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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.