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VELA to QAR Converter and calculator

VELA/QAR: 1 VELA = 0.01824 QAR. The price of converting 1 Vela Exchange (VELA) to Qatari Rial (QAR) is 0.01824 QAR today.
VELA
VELA
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELA to QAR real-time exchange rates, making it easy to convert Vela Exchange (VELA) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 VELA is currently valued at 0.02 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELA is currently valued at 0.02 QAR, which means buying 5 VELA would cost 0.09 QAR. Similarly, ر.ق1 QAR can be converted to 54.81 VELA, and ر.ق50 QAR can be converted to 274.07 VELA, excluding any platform or gas fees.

Convert VELA to QAR

Convert QAR to VELA

Vela Exchange
Qatari Rial
10000 VELA
182.43  QAR
In the table above, you'll find a comprehensive VELA to QAR converter that shows the value of Vela Exchange in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 VELA to QAR, all the way up to 10000 VELA, providing a clear view of their respective values.
Qatari Rial
Vela Exchange
1000 QAR
54,814.87 VELA
2000 QAR
109,629.75 VELA
5000 QAR
274,074.37 VELA
10000 QAR
548,148.75 VELA
50000 QAR
2,740,743.75 VELA
100000 QAR
5,481,487.5 VELA
In the table above, you'll find a comprehensive QAR to VELA converter that shows the value of Qatari Rial in Vela Exchange across commonly used conversion amounts. The list covers conversions from 1 QAR to VELA, all the way up to 100000 QAR, providing a clear view of their respective values.

VELA to QAR chart

VELA/QAR: 1 VELA = 0.01824 QAR; 2025/04/27 23:04:09
In the past 1D, Vela Exchange has changed +11.23% to QAR. Based on the trend and price charts, Vela Exchange(VELA) has changed +11.23% to QAR while Qatari Rial(QAR) has changed % to VELA in the last 24 hours.
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VELA to QAR conversion data: Volatility and price changes of Vela Exchange in QAR

The highest Vela Exchange price in QAR over the past 7 days was 0.02156 QAR while the lowest Vela Exchange price in QAR over the past 7 days was 0.01470 QAR. The relative change between the highs and lows in Vela Exchange price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and VELA 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
0.01901 QAR
0.02156 QAR
0.02940 QAR
0.1191 QAR
Low
0.01580 QAR
0.01470 QAR
0.01470 QAR
0.01470 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
+11.23%
-9.61%
-22.60%
-75.71%

Vela Exchange information

VELA to QAR market statistics

VELA/QAR:
ر.ق0.01824
VELA 24h volume:
ر.ق68,053.06
VELA market cap:
--
VELA circulating supply:
0 VELA

Current VELA to QAR exchange rate

Vela Exchange to Qatari Rial is falling this week.
Vela Exchange's current market price is ر.ق0.01824 per VELA, with a total market cap of ر.ق0 QAR based on a circulating supply of -- VELA. The trading volume of Vela Exchange has changed by -1.84% (ر.ق-1,276.85 QAR) in the last 24 hours. Last trading day, VELA's trading volume was ر.ق69,329.91.

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

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How to convert VELA to QAR

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Bitget P2P trading does not currently support direct buying of VELA with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy VELA with USDT via Bitget spot market.
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VELA to QAR Conversion tables

The exchange rate of Vela Exchange is decreasing.
The exchange rate of 1 VELA to Qatari Rial has changed by -9.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +11.23%, reaching a high of 0.01901 QAR and a low of 0.01580 QAR . One month ago, the value of 1 VELA was ر.ق0.02339 QAR , which represents a -22.60% change from its current value. Over the last year, Vela Exchange has changed by
-ر.ق
2.1QAR
, resulting in a change of -99.17% in its value.
24 hours ago1 month ago1 year ago
Amount23:04 today24 hours ago24h change
0.5 VELAر.ق0.009122ر.ق0.008232
+11.23%
1 VELAر.ق0.01824ر.ق0.01646
+11.23%
5 VELAر.ق0.09122ر.ق0.08232
+11.23%
10 VELAر.ق0.1824ر.ق0.1646
+11.23%
50 VELAر.ق0.9122ر.ق0.8232
+11.23%
100 VELAر.ق1.82ر.ق1.65
+11.23%
500 VELAر.ق9.12ر.ق8.23
+11.23%
1000 VELAر.ق18.24ر.ق16.46
+11.23%

VELA to QAR FAQ

How much is 1 Vela Exchange in QAR?
Right now, the price of 1 Vela Exchange (VELA) in Qatari Rial (QAR) is ر.ق0.01824.
How much VELA can I buy for 1 QAR?
Based on the current exchange rate, you can get 54.81 VELA for 1 QAR.
How do I calculate or convert VELA to QAR?
You can use our VELA to QAR calculator at the top of this page to convert any amount of VELA to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 274.07 VELA, while 5 VELA will cost around 0.09122QAR.
What is the highest price of VELA/QAR in history?
The all-time high price of 1 VELA in QAR is ر.ق27.97. It remains to be seen if the value of 1 VELA/QAR will exceed the current all-time high.
What is the price trend of Vela Exchange in QAR?
Over the past 7 days, the exchange rate of Vela Exchange (VELA) has gone down by 9.61%.   Over the last month, the exchange rate of Vela Exchange (VELA) has gone down by 22.60% against Qatari Rial (QAR).

What factors influence the conversion rate of VELA to QAR?

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