PHX
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 Phoenix Blockchain(PHX) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 PHX at a value of 1 PHX 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 Phoenix Blockchain currency pair is the PHX to QAR, with for Phoenix Blockchain's currency code being PHX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
PHX to QAR conversion rate trend
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In the past 1D, Phoenix Blockchain has changed +78.53% to QAR. Based on the trend and price charts, Phoenix Blockchain(PHX) has changed +78.53% to QAR while Qatari Rial(QAR) has changed % to PHX in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.06088 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/12/13 08:35:01(UTC+0)
How to buy Phoenix Blockchain
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 Phoenix Blockchain (PHX)
Use a variety of payment options to buy Phoenix Blockchain on Bitget. We'll show you how.
Buy PHX (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of PHX with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy PHX 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 PHX (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of PHX to QAR. However, you can first exchange PHX 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 Phoenix Blockchain to Qatari Rial?
Phoenix Blockchain to Qatari Rial is rising this week.Phoenix Blockchain's current market price is ر.ق 0.06088 per PHX, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- PHX. The trading volume of Phoenix Blockchain has changed by +96.15% (ر.ق 3.11 QAR) in the last 24 hours. Last trading day, PHX's trading volume was ر.ق 3.23.
Market cap
$0
24h volume
$1.73346698
Circulating supply
0 PHX
Conversion tables
The exchange rate of Phoenix Blockchain is increasing.1 PHX is currently valued at ر.ق 0.06088 QAR , which means buying 5 PHX will cost ر.ق 0.3044 QAR . Similarly, ر.ق1 QAR can be traded for 16.43 PHX, and ر.ق50 QAR can be converted to 821.28 PHX, excluding any platform or gas fees.
The exchange rate of 1 PHX to Qatari Rial has changed by +84.97% in the last 7 days. In the last 24 hours, the rate has fluctuated by +78.53%, reaching a high of 0.2326 QAR and a low of 0.1302 QAR . One month ago, the value of 1 PHX was ر.ق 0.04401 QAR , which represents a +7.83% change from its current value. Over the last year, Phoenix Blockchain has changed by , resulting in a change of 0.00% in its value.
+ر.ق
0.2324QARPHX to QAR
Amount
08:53 am today
0.5 PHX
ر.ق0.03044
1 PHX
ر.ق0.06088
5 PHX
ر.ق0.3044
10 PHX
ر.ق0.6088
50 PHX
ر.ق3.04
100 PHX
ر.ق6.09
500 PHX
ر.ق30.44
1000 PHX
ر.ق60.88
QAR to PHX
Amount08:53 am today
0.5QAR8.21 PHX
1QAR16.43 PHX
5QAR82.13 PHX
10QAR164.26 PHX
50QAR821.28 PHX
100QAR1,642.56 PHX
500QAR8,212.81 PHX
1000QAR16,425.61 PHX
Today vs. 24 hours ago
| Amount | 08:53 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 PHX | $0.008319 | $-0.005653 | +78.53% |
| 1 PHX | $0.01664 | $-0.01131 | +78.53% |
| 5 PHX | $0.08319 | $-0.05653 | +78.53% |
| 10 PHX | $0.1664 | $-0.1131 | +78.53% |
| 50 PHX | $0.8319 | $-0.5653 | +78.53% |
| 100 PHX | $1.66 | $-1.1305 | +78.53% |
| 500 PHX | $8.32 | $-5.6525 | +78.53% |
| 1000 PHX | $16.64 | $-11.3051 | +78.53% |
Today vs. 1 month ago
| Amount | 08:53 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 PHX | $0.008319 | $0.006013 | +7.83% |
| 1 PHX | $0.01664 | $0.01203 | +7.83% |
| 5 PHX | $0.08319 | $0.06013 | +7.83% |
| 10 PHX | $0.1664 | $0.1203 | +7.83% |
| 50 PHX | $0.8319 | $0.6013 | +7.83% |
| 100 PHX | $1.66 | $1.2 | +7.83% |
| 500 PHX | $8.32 | $6.01 | +7.83% |
| 1000 PHX | $16.64 | $12.03 | +7.83% |
Today vs. 1 year ago
| Amount | 08:53 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 PHX | $0.008319 | $-0.02344 | 0.00% |
| 1 PHX | $0.01664 | $-0.04689 | 0.00% |
| 5 PHX | $0.08319 | $-0.2344 | 0.00% |
| 10 PHX | $0.1664 | $-0.4689 | 0.00% |
| 50 PHX | $0.8319 | $-2.3444 | 0.00% |
| 100 PHX | $1.66 | $-4.6887 | 0.00% |
| 500 PHX | $8.32 | $-23.4437 | 0.00% |
| 1000 PHX | $16.64 | $-46.8874 | 0.00% |
Phoenix Blockchain price prediction
What will the price of PHX be in 2025?
Based on PHX's historical price performance prediction model, the price of PHX is projected to reach $0.01949 in 2025.
What will the price of PHX be in 2030?
In 2030, the PHX price is expected to change by -3.00%. By the end of 2030, the PHX price is projected to reach $0.02237, with a cumulative ROI of +34.47%.
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Popular Phoenix Blockchain conversions
Check out these popular currency conversions of Phoenix Blockchain to several fiat currencies.
Phoenix Blockchain to USD
1 PHX to $ 0.01664 USD
Phoenix Blockchain to GBP
1 PHX to £ 0.01316 GBP
Phoenix Blockchain to EUR
1 PHX to € 0.01591 EUR
Phoenix Blockchain to KRW
1 PHX to ₩ 23.85 KRW
Phoenix Blockchain to CAD
1 PHX to $ 0.02369 CAD
Phoenix Blockchain to AUD
1 PHX to $ 0.02615 AUD
Phoenix Blockchain to JPY
1 PHX to ¥ 2.54 JPY
Phoenix Blockchain to BRL
1 PHX to R$ 0.09980 BRL
Phoenix Blockchain to CNY
1 PHX to ¥ 0.1211 CNY
Phoenix Blockchain to TWD
1 PHX to NT$ 0.5407 TWD
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1 TURBO to ر.ق 0.04320 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 Phoenix Blockchain 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 Phoenix Blockchain 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 Phoenix Blockchain 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.
