SBD
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 Steem Dollars(SBD) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 SBD at a value of 1 SBD for 9.19 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 Steem Dollars currency pair is the SBD to QAR, with for Steem Dollars's currency code being SBD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
SBD to QAR conversion rate trend
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In the past 1D, Steem Dollars has changed -2.56% to QAR. Based on the trend and price charts, Steem Dollars(SBD) has changed -2.56% to QAR while Qatari Rial(QAR) has changed % to SBD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق9.28 | 0.0200% / 0.0320%  VIP 7 | |
Huobi | ر.ق9.29 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/01 00:00:20(UTC+0)
How to buy Steem Dollars
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Buy Steem Dollars (SBD)
Use a variety of payment options to buy Steem Dollars on Bitget. We'll show you how.
Buy SBD (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of SBD with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy SBD 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 SBD (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of SBD to QAR. However, you can first exchange SBD 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 Steem Dollars to Qatari Rial?
Steem Dollars to Qatari Rial is falling this week.Steem Dollars's current market price is ر.ق 9.19 per SBD, with a total market cap of ر.ق 126,432,378.71 QAR based on a circulating supply of 13,756,870 SBD. The trading volume of Steem Dollars has changed by +15.24% (ر.ق 300,702.35 QAR) in the last 24 hours. Last trading day, SBD's trading volume was ر.ق 1,973,073.66.
Market cap
$34.71M
24h volume
$624.30K
Circulating supply
13.76M SBD
Conversion tables
The exchange rate of Steem Dollars is decreasing.1 SBD is currently valued at ر.ق 9.19 QAR , which means buying 5 SBD will cost ر.ق 45.95 QAR . Similarly, ر.ق1 QAR can be traded for 0.1088 SBD, and ر.ق50 QAR can be converted to 5.44 SBD, excluding any platform or gas fees.
The exchange rate of 1 SBD to Qatari Rial has changed by -1.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.56%, reaching a high of 9.58 QAR and a low of 9.16 QAR . One month ago, the value of 1 SBD was ر.ق 9.52 QAR , which represents a -3.46% change from its current value. Over the last year, Steem Dollars has changed by , resulting in a change of -15.75% in its value.
-ر.ق
1.72QARSBD to QAR
Amount
04:35 am today
0.5 SBD
ر.ق4.6
1 SBD
ر.ق9.19
5 SBD
ر.ق45.95
10 SBD
ر.ق91.9
50 SBD
ر.ق459.52
100 SBD
ر.ق919.05
500 SBD
ر.ق4,595.25
1000 SBD
ر.ق9,190.49
QAR to SBD
Amount04:35 am today
0.5QAR0.05440 SBD
1QAR0.1088 SBD
5QAR0.5440 SBD
10QAR1.09 SBD
50QAR5.44 SBD
100QAR10.88 SBD
500QAR54.4 SBD
1000QAR108.81 SBD
Today vs. 24 hours ago
| Amount | 04:35 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SBD | $1.26 | $1.29 | -2.56% |
| 1 SBD | $2.52 | $2.59 | -2.56% |
| 5 SBD | $12.62 | $12.95 | -2.56% |
| 10 SBD | $25.23 | $25.9 | -2.56% |
| 50 SBD | $126.17 | $129.48 | -2.56% |
| 100 SBD | $252.34 | $258.96 | -2.56% |
| 500 SBD | $1,261.7 | $1,294.82 | -2.56% |
| 1000 SBD | $2,523.4 | $2,589.63 | -2.56% |
Today vs. 1 month ago
| Amount | 04:35 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SBD | $1.26 | $1.31 | -3.46% |
| 1 SBD | $2.52 | $2.61 | -3.46% |
| 5 SBD | $12.62 | $13.07 | -3.46% |
| 10 SBD | $25.23 | $26.14 | -3.46% |
| 50 SBD | $126.17 | $130.7 | -3.46% |
| 100 SBD | $252.34 | $261.39 | -3.46% |
| 500 SBD | $1,261.7 | $1,306.96 | -3.46% |
| 1000 SBD | $2,523.4 | $2,613.92 | -3.46% |
Today vs. 1 year ago
| Amount | 04:35 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SBD | $1.26 | $1.5 | -15.75% |
| 1 SBD | $2.52 | $3 | -15.75% |
| 5 SBD | $12.62 | $14.98 | -15.75% |
| 10 SBD | $25.23 | $29.96 | -15.75% |
| 50 SBD | $126.17 | $149.78 | -15.75% |
| 100 SBD | $252.34 | $299.56 | -15.75% |
| 500 SBD | $1,261.7 | $1,497.79 | -15.75% |
| 1000 SBD | $2,523.4 | $2,995.58 | -15.75% |
Steem Dollars price prediction
What will the price of SBD be in 2025?
Based on SBD's historical price performance prediction model, the price of SBD is projected to reach $4.46 in 2025.
What will the price of SBD be in 2030?
In 2030, the SBD price is expected to change by -11.00%. By the end of 2030, the SBD price is projected to reach $4.31, with a cumulative ROI of +67.88%.
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Popular Steem Dollars conversions
Check out these popular currency conversions of Steem Dollars to several fiat currencies.
Steem Dollars to USD
1 SBD to $ 2.52 USD
Steem Dollars to GBP
1 SBD to £ 1.96 GBP
Steem Dollars to EUR
1 SBD to € 2.32 EUR
Steem Dollars to KRW
1 SBD to ₩ 3,481.14 KRW
Steem Dollars to CAD
1 SBD to $ 3.51 CAD
Steem Dollars to AUD
1 SBD to $ 3.84 AUD
Steem Dollars to JPY
1 SBD to ¥ 384.52 JPY
Steem Dollars to BRL
1 SBD to R$ 14.61 BRL
Steem Dollars to CNY
1 SBD to ¥ 17.98 CNY
Steem Dollars to TWD
1 SBD to NT$ 80.64 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Steem Dollars.
AI Companions to QAR
1 AIC to ر.ق 0.3067 QAR
Hooked Protocol to QAR
1 HOOK to ر.ق 1.37 QAR
Grass to QAR
1 GRASS to ر.ق -- QAR
Aevo to QAR
1 AEVO to ر.ق 1.16 QAR
Bitcoin to QAR
1 BTC to ر.ق 252,885.37 QAR
Solana to QAR
1 SOL to ر.ق 608.12 QAR
Sui to QAR
1 SUI to ر.ق 7.22 QAR
Celestia to QAR
1 TIA to ر.ق 17.71 QAR
Ethereum to QAR
1 ETH to ر.ق 9,119.28 QAR
Dogecoin to QAR
1 DOGE to ر.ق 0.5789 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 Steem Dollars 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 Steem Dollars 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 Steem Dollars 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.
