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OFN to QAR Converter and calculator

OFN/QAR: 1 OFN = 0.1615 QAR. The price of converting 1 Openfabric AI (OFN) to Qatari Rial (QAR) is 0.1615 QAR today.
OFN
OFN
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides OFN to QAR real-time exchange rates, making it easy to convert Openfabric AI (OFN) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 OFN is currently valued at 0.16 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 OFN is currently valued at 0.16 QAR, which means buying 5 OFN would cost 0.81 QAR. Similarly, ر.ق1 QAR can be converted to 6.19 OFN, and ر.ق50 QAR can be converted to 30.96 OFN, excluding any platform or gas fees.

Convert OFN to QAR

Convert QAR to OFN

Openfabric AI
Qatari Rial
10000 OFN
1,614.74  QAR
In the table above, you'll find a comprehensive OFN to QAR converter that shows the value of Openfabric AI in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 OFN to QAR, all the way up to 10000 OFN, providing a clear view of their respective values.
Qatari Rial
Openfabric AI
10000 QAR
61,929.44 OFN
50000 QAR
309,647.2 OFN
100000 QAR
619,294.4 OFN
In the table above, you'll find a comprehensive QAR to OFN converter that shows the value of Qatari Rial in Openfabric AI across commonly used conversion amounts. The list covers conversions from 1 QAR to OFN, all the way up to 100000 QAR, providing a clear view of their respective values.

OFN to QAR chart

OFN/QAR: 1 OFN = 0.1615 QAR; 2025/04/27 14:16:56
In the past 1D, Openfabric AI has changed +8.44% to QAR. Based on the trend and price charts, Openfabric AI(OFN) has changed +8.44% to QAR while Qatari Rial(QAR) has changed % to OFN in the last 24 hours.
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OFN to QAR conversion data: Volatility and price changes of Openfabric AI in QAR

The highest Openfabric AI price in QAR over the past 7 days was 0.1637 QAR while the lowest Openfabric AI price in QAR over the past 7 days was 0.1360 QAR. The relative change between the highs and lows in Openfabric AI price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and OFN 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
0.1637 QAR
0.1637 QAR
0.1702 QAR
0.3597 QAR
Low
0.1456 QAR
0.1360 QAR
0.1228 QAR
0.1053 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
+8.44%
+12.82%
-5.87%
-47.97%

Openfabric AI information

OFN to QAR market statistics

OFN/QAR:
ر.ق0.1615
OFN 24h volume:
ر.ق755,880.11
OFN market cap:
ر.ق24,218,166.73
OFN circulating supply:
149.98M OFN

Current OFN to QAR exchange rate

Openfabric AI to Qatari Rial is rising this week.
Openfabric AI's current market price is ر.ق0.1615 per OFN, with a total market cap of ر.ق24,218,166.73 QAR based on a circulating supply of 149,981,760 OFN. The trading volume of Openfabric AI has changed by +56.15% (ر.ق271,820.98 QAR) in the last 24 hours. Last trading day, OFN's trading volume was ر.ق484,059.13.

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

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How to convert OFN to QAR

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OFN to QAR Conversion tables

The exchange rate of Openfabric AI is decreasing.
The exchange rate of 1 OFN to Qatari Rial has changed by +12.82% in the last 7 days. In the last 24 hours, the rate has fluctuated by +8.44%, reaching a high of 0.1637 QAR and a low of 0.1456 QAR . One month ago, the value of 1 OFN was ر.ق0.1715 QAR , which represents a -5.87% change from its current value. Over the last year, Openfabric AI has changed by
-ر.ق
1.79QAR
, resulting in a change of -91.80% in its value.
24 hours ago1 month ago1 year ago
Amount14:16 today24 hours ago24h change
0.5 OFNر.ق0.08074ر.ق0.07450
+8.44%
1 OFNر.ق0.1615ر.ق0.1490
+8.44%
5 OFNر.ق0.8074ر.ق0.7450
+8.44%
10 OFNر.ق1.61ر.ق1.49
+8.44%
50 OFNر.ق8.07ر.ق7.45
+8.44%
100 OFNر.ق16.15ر.ق14.9
+8.44%
500 OFNر.ق80.74ر.ق74.5
+8.44%
1000 OFNر.ق161.47ر.ق149.01
+8.44%

OFN to QAR FAQ

How much is 1 Openfabric AI in QAR?
Right now, the price of 1 Openfabric AI (OFN) in Qatari Rial (QAR) is ر.ق0.1615.
How much OFN can I buy for 1 QAR?
Based on the current exchange rate, you can get 6.19 OFN for 1 QAR.
How do I calculate or convert OFN to QAR?
You can use our OFN to QAR calculator at the top of this page to convert any amount of OFN to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 30.96 OFN, while 5 OFN will cost around 0.8074QAR.
What is the highest price of OFN/QAR in history?
The all-time high price of 1 OFN in QAR is ر.ق3.31. It remains to be seen if the value of 1 OFN/QAR will exceed the current all-time high.
What is the price trend of Openfabric AI in QAR?
Over the past 7 days, the exchange rate of Openfabric AI (OFN) has gone up by 12.82%.   Over the last month, the exchange rate of Openfabric AI (OFN) has gone down by 5.87% against Qatari Rial (QAR).

What factors influence the conversion rate of OFN to QAR?

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