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MC to QAR Converter and calculator

MC/QAR: 1 MC = 0.3871 QAR. The price of converting 1 Magic Crystal (MC) to Qatari Rial (QAR) is 0.3871 QAR today.
MC
MC
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MC to QAR real-time exchange rates, making it easy to convert Magic Crystal (MC) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 MC is currently valued at 0.39 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MC is currently valued at 0.39 QAR, which means buying 5 MC would cost 1.94 QAR. Similarly, ر.ق1 QAR can be converted to 2.58 MC, and ر.ق50 QAR can be converted to 12.92 MC, excluding any platform or gas fees.

Convert MC to QAR

Convert QAR to MC

Magic Crystal
Qatari Rial
5000 MC
1,935.73  QAR
10000 MC
3,871.46  QAR
In the table above, you'll find a comprehensive MC to QAR converter that shows the value of Magic Crystal in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 MC to QAR, all the way up to 10000 MC, providing a clear view of their respective values.
Qatari Rial
Magic Crystal
50000 QAR
129,150.32 MC
100000 QAR
258,300.63 MC
In the table above, you'll find a comprehensive QAR to MC converter that shows the value of Qatari Rial in Magic Crystal across commonly used conversion amounts. The list covers conversions from 1 QAR to MC, all the way up to 100000 QAR, providing a clear view of their respective values.

MC to QAR chart

MC/QAR: 1 MC = 0.3871 QAR; 2025/04/27 07:41:06
In the past 1D, Magic Crystal has changed -0.06% to QAR. Based on the trend and price charts, Magic Crystal(MC) has changed -0.06% to QAR while Qatari Rial(QAR) has changed % to MC in the last 24 hours.
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MC to QAR conversion data: Volatility and price changes of Magic Crystal in QAR

The highest Magic Crystal price in QAR over the past 7 days was 0.4002 QAR while the lowest Magic Crystal price in QAR over the past 7 days was 0.3870 QAR. The relative change between the highs and lows in Magic Crystal price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and MC 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
0.3940 QAR
0.4002 QAR
0.4601 QAR
0.4717 QAR
Low
0.3870 QAR
0.3870 QAR
0.3830 QAR
0.3030 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
-0.06%
-2.36%
-13.06%
-16.43%

Magic Crystal information

MC to QAR market statistics

MC/QAR:
ر.ق0.3871
MC 24h volume:
ر.ق267,126.28
MC market cap:
--
MC circulating supply:
0 MC

Current MC to QAR exchange rate

Magic Crystal to Qatari Rial is falling this week.
Magic Crystal's current market price is ر.ق0.3871 per MC, with a total market cap of ر.ق0 QAR based on a circulating supply of -- MC. The trading volume of Magic Crystal has changed by -1.20% (ر.ق-3,246.91 QAR) in the last 24 hours. Last trading day, MC's trading volume was ر.ق270,373.19.

More info about Magic Crystal 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 Magic Crystal currency pair is the MC to QAR, with for Magic Crystal's currency code being MC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

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How to convert MC to QAR

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MC to QAR Conversion tables

The exchange rate of Magic Crystal is decreasing.
The exchange rate of 1 MC to Qatari Rial has changed by -2.36% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.06%, reaching a high of 0.3940 QAR and a low of 0.3870 QAR . One month ago, the value of 1 MC was ر.ق0.4453 QAR , which represents a -13.06% change from its current value. Over the last year, Magic Crystal has changed by
-ر.ق
0.7404QAR
, resulting in a change of -65.67% in its value.
24 hours ago1 month ago1 year ago
Amount07:41 am today24 hours ago24h change
0.5 MCر.ق0.1936ر.ق0.1937
-0.06%
1 MCر.ق0.3871ر.ق0.3874
-0.06%
5 MCر.ق1.94ر.ق1.94
-0.06%
10 MCر.ق3.87ر.ق3.87
-0.06%
50 MCر.ق19.36ر.ق19.37
-0.06%
100 MCر.ق38.71ر.ق38.74
-0.06%
500 MCر.ق193.57ر.ق193.69
-0.06%
1000 MCر.ق387.15ر.ق387.38
-0.06%

MC to QAR FAQ

How much is 1 Magic Crystal in QAR?
Right now, the price of 1 Magic Crystal (MC) in Qatari Rial (QAR) is ر.ق0.3871.
How much MC can I buy for 1 QAR?
Based on the current exchange rate, you can get 2.58 MC for 1 QAR.
How do I calculate or convert MC to QAR?
You can use our MC to QAR calculator at the top of this page to convert any amount of MC to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 12.92 MC, while 5 MC will cost around 1.94QAR.
What is the highest price of MC/QAR in history?
The all-time high price of 1 MC in QAR is ر.ق15.47. It remains to be seen if the value of 1 MC/QAR will exceed the current all-time high.
What is the price trend of Magic Crystal in QAR?
Over the past 7 days, the exchange rate of Magic Crystal (MC) has gone down by 2.36%.   Over the last month, the exchange rate of Magic Crystal (MC) has gone down by 13.06% against Qatari Rial (QAR).

What factors influence the conversion rate of MC to QAR?

There are many factors that affect the relationship between Magic Crystal 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 MC/QAR. When there is positive news in the market about the widespread adoption of MC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MC/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MC/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 MC/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 Magic Crystal 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.