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VELVET to QAR Converter and calculator

VELVET/QAR: 1 VELVET = 0.2176 QAR. The price of converting 1 Velvet (VELVET) to Qatari Rial (QAR) is 0.2176 QAR today.
VELVET
VELVET
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELVET to QAR real-time exchange rates, making it easy to convert Velvet (VELVET) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 VELVET is currently valued at 0.2176 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELVET is currently valued at 0.2176 QAR, which means buying 5 VELVET would cost 1.09 QAR. Similarly, ر.ق1 QAR can be converted to 4.6 VELVET, and ر.ق50 QAR can be converted to 22.98 VELVET, excluding any platform or gas fees.

Convert VELVET to QAR

Convert QAR to VELVET

Velvet
Qatari Rial
1 VELVET
0.2176  QAR
Exchange 1 VELVET for 0.2176 QAR
2 VELVET
0.4352  QAR
Exchange 2 VELVET for 0.4352 QAR
5 VELVET
1.09  QAR
Exchange 5 VELVET for 1.09 QAR
10 VELVET
2.18  QAR
Exchange 10 VELVET for 2.18 QAR
20 VELVET
4.35  QAR
Exchange 20 VELVET for 4.35 QAR
50 VELVET
10.88  QAR
Exchange 50 VELVET for 10.88 QAR
100 VELVET
21.76  QAR
Exchange 100 VELVET for 21.76 QAR
200 VELVET
43.52  QAR
Exchange 200 VELVET for 43.52 QAR
500 VELVET
108.79  QAR
Exchange 500 VELVET for 108.79 QAR
1000 VELVET
217.59  QAR
Exchange 1000 VELVET for 217.59 QAR
5000 VELVET
1,087.93  QAR
Exchange 5000 VELVET for 1,087.93 QAR
10000 VELVET
2,175.86  QAR
Exchange 10000 VELVET for 2,175.86 QAR
In the table above, you'll find a comprehensive VELVET to QAR converter that shows the value of Velvet in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 VELVET to QAR, all the way up to 10000 VELVET, providing a clear view of their respective values.
Qatari Rial
Velvet
1 QAR
4.6 VELVET
Exchange 1 QAR for 4.6 VELVET
10 QAR
45.96 VELVET
Exchange 10 QAR for 45.96 VELVET
50 QAR
229.79 VELVET
Exchange 50 QAR for 229.79 VELVET
100 QAR
459.59 VELVET
Exchange 100 QAR for 459.59 VELVET
200 QAR
919.18 VELVET
Exchange 200 QAR for 919.18 VELVET
500 QAR
2,297.94 VELVET
Exchange 500 QAR for 2,297.94 VELVET
1000 QAR
4,595.88 VELVET
Exchange 1000 QAR for 4,595.88 VELVET
2000 QAR
9,191.76 VELVET
Exchange 2000 QAR for 9,191.76 VELVET
5000 QAR
22,979.39 VELVET
Exchange 5000 QAR for 22,979.39 VELVET
10000 QAR
45,958.79 VELVET
Exchange 10000 QAR for 45,958.79 VELVET
50000 QAR
229,793.95 VELVET
Exchange 50000 QAR for 229,793.95 VELVET
100000 QAR
459,587.9 VELVET
Exchange 100000 QAR for 459,587.9 VELVET
In the table above, you'll find a comprehensive QAR to VELVET converter that shows the value of Qatari Rial in Velvet across commonly used conversion amounts. The list covers conversions from 1 QAR to VELVET, all the way up to 100000 QAR, providing a clear view of their respective values.

VELVET to QAR chart

VELVET/QAR: 1 VELVET = 0.2176 QAR; 2025/08/25 03:10:03
In the past 1D, Velvet has changed +0.80% to QAR. Based on the trend and price charts, Velvet(VELVET) has changed +0.80% to QAR while Qatari Rial(QAR) has changed % to VELVET in the last 24 hours.
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VELVET to QAR conversion data: Volatility and price changes of Velvet in QAR

The highest Velvet price in QAR over the past 7 days was 0.2500 QAR while the lowest Velvet price in QAR over the past 7 days was 0.1990 QAR. The relative change between the highs and lows in Velvet price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and VELVET to QAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.2232 QAR
0.2500 QAR
0.4068 QAR
0.4068 QAR
Low
0.2119 QAR
0.1990 QAR
0.1580 QAR
0.1156 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
+0.80%
+8.56%
-2.58%
-14.43%

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Velvet information

VELVET to QAR market statistics

VELVET/QAR:
ر.ق0.2176
VELVET 24h volume:
ر.ق22,197,219.35
VELVET market cap:
ر.ق54,019,410.17
VELVET circulating supply:
248.27M VELVET

Current VELVET to QAR exchange rate

Velvet to Qatari Rial is rising this week.
Velvet's current market price is ر.ق0.2176 per VELVET, with a total market cap of ر.ق54,019,410.17 QAR based on a circulating supply of 248,266,670 VELVET. The trading volume of Velvet has changed by +38.69% (ر.ق6,191,736.89 QAR) in the last 24 hours. Last trading day, VELVET's trading volume was ر.ق16,005,482.45.

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

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How to convert VELVET to QAR

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VELVET to QAR Conversion tables

The exchange rate of Velvet is decreasing.
The exchange rate of 1 VELVET to Qatari Rial has changed by +8.56% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.80%, reaching a high of 0.2232 QAR and a low of 0.2119 QAR . One month ago, the value of 1 VELVET was ر.ق0.2233 QAR , which represents a -2.58% change from its current value. Over the last year, Velvet has changed by
+ر.ق
0.2175QAR
, resulting in a change of +22.49% in its value.
24 hours ago1 month ago1 year ago
Amount 03:10 am today 24 hours ago 24h change
0.5 VELVET
ر.ق0.1088ر.ق0.1079
+0.80%
1 VELVET
ر.ق0.2176ر.ق0.2159
+0.80%
5 VELVET
ر.ق1.09ر.ق1.08
+0.80%
10 VELVET
ر.ق2.18ر.ق2.16
+0.80%
50 VELVET
ر.ق10.88ر.ق10.79
+0.80%
100 VELVET
ر.ق21.76ر.ق21.59
+0.80%
500 VELVET
ر.ق108.79ر.ق107.93
+0.80%
1000 VELVET
ر.ق217.59ر.ق215.86
+0.80%

VELVET to QAR FAQ

How much is 1 Velvet in QAR?
Right now, the price of 1 Velvet (VELVET) in Qatari Rial (QAR) is ر.ق0.2176.
How much VELVET can I buy for 1 QAR?
Based on the current exchange rate, you can get 4.6 VELVET for 1 QAR.
How do I calculate or convert VELVET to QAR?
You can use our VELVET to QAR calculator at the top of this page to convert any amount of VELVET to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 22.98 VELVET, while 5 VELVET will cost around 1.09QAR.
What is the highest price of VELVET/QAR in history?
The all-time high price of 1 VELVET in QAR is ر.ق0.4068. It remains to be seen if the value of 1 VELVET/QAR will exceed the current all-time high.
What is the price trend of Velvet in QAR?
Over the past 7 days, the exchange rate of Velvet (VELVET) has gone up by 8.56%.   Over the last month, the exchange rate of Velvet (VELVET) has gone down by 2.58% against Qatari Rial (QAR).

What factors influence the conversion rate of VELVET to QAR?

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

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Velvet currency pairs: VELVET to US Dollar (USD), VELVET to Euro (EUR), VELVET to Pound Sterling (GBP), VELVET to Canadian Dollar (CAD), VELVET to Indian Rupee (INR), VELVET to Pakistani Rupee (PKR), VELVET to Brazilian Real (BRL), VELVET to…
The price of Velvet in the US is $0.06036 USD. Additionally, Velvet’s price is €0.05159 EUR in the eurozone, £0.04472 GBP in the UK, C$0.08351 CAD in Canada, ₹5.27 INR in India, ₨16.94 PKR in Pakistan, R$0.3273 BRL in Brazil, and more.
The most popular Velvet currency pair is the VELVET to Qatari Rial(QAR). The price of 1 Velvet (VELVET) in Qatari Rial (QAR) is ر.ق0.2176.

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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.