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Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.59%
BTC/USDT$79327.31 (-4.49%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
Bitget: Ranked top 4 in global daily trading volume!
BTC market share62.59%
BTC/USDT$79327.31 (-4.49%)Fear and Greed Index34(Fear)
Altcoin season index:0(Bitcoin season)
Coins listed in Pre-MarketPAWS,WCTTotal spot Bitcoin ETF netflow -$64.9M (1D); -$169.2M (7D).Welcome gift package for new users worth 6200 USDT.Claim now
Trade anytime, anywhere with the Bitget app. Download now
WNEAR
QAR
Last updated as of 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 Wrapped Near(WNEAR) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 WNEAR at a value of 1 WNEAR for 7.91 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 Wrapped Near currency pair is the WNEAR to QAR, with for Wrapped Near's currency code being WNEAR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
WNEAR to QAR conversion rate trend
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In the past 1D, Wrapped Near has changed +5.03% to QAR. Based on the trend and price charts, Wrapped Near(WNEAR) has changed +5.03% to QAR while Qatari Rial(QAR) has changed % to WNEAR in the last 24 hours.
WNEAR to QAR market statistics
WNEAR/QAR:
ر.ق 7.91
WNEAR 24h volume:
ر.ق 1,038,117.6
WNEAR market cap:
ر.ق 9,156,641.68
WNEAR circulating supply:
1.16M WNEAR
More info about Wrapped Near on Bitget
Current WNEAR to QAR exchange rate
Wrapped Near to Qatari Rial is falling this week.Wrapped Near's current market price is ر.ق 7.91 per WNEAR, with a total market cap of ر.ق 9,156,641.68 QAR based on a circulating supply of 1,157,133.1 WNEAR. The trading volume of Wrapped Near has changed by +118.07% (ر.ق 562,079.11 QAR) in the last 24 hours. Last trading day, WNEAR's trading volume was ر.ق 476,038.49.
WNEAR to QAR Conversion tables
The exchange rate of Wrapped Near is decreasing.1 WNEAR is currently valued at ر.ق 7.91 QAR , which means buying 5 WNEAR will cost ر.ق 39.57 QAR . Similarly, ر.ق1 QAR can be traded for 0.1264 WNEAR, and ر.ق50 QAR can be converted to 6.32 WNEAR, excluding any platform or gas fees.
The exchange rate of 1 WNEAR to Qatari Rial has changed by -14.89% in the last 7 days. In the last 24 hours, the rate has fluctuated by +5.03%, reaching a high of 19.95 QAR and a low of 17.92 QAR . One month ago, the value of 1 WNEAR was ر.ق 17.96 QAR , which represents a -34.72% change from its current value. Over the last year, Wrapped Near has changed by , resulting in a change of +291.37% in its value.
+ر.ق
3.12QARWNEAR to QAR
Amount
21:33 today
0.5 WNEAR
ر.ق3.96
1 WNEAR
ر.ق7.91
5 WNEAR
ر.ق39.57
10 WNEAR
ر.ق79.13
50 WNEAR
ر.ق395.66
100 WNEAR
ر.ق791.32
500 WNEAR
ر.ق3,956.61
1000 WNEAR
ر.ق7,913.21
QAR to WNEAR
Amount21:33 today
0.5QAR0.06319 WNEAR
1QAR0.1264 WNEAR
5QAR0.6319 WNEAR
10QAR1.26 WNEAR
50QAR6.32 WNEAR
100QAR12.64 WNEAR
500QAR63.19 WNEAR
1000QAR126.37 WNEAR
WNEAR to QAR Today vs. 24 hours ago
| Amount | 21:33 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 WNEAR | ر.ق3.96 | ر.ق3.5 | +5.03% |
| 1 WNEAR | ر.ق7.91 | ر.ق7.01 | +5.03% |
| 5 WNEAR | ر.ق39.57 | ر.ق35.04 | +5.03% |
| 10 WNEAR | ر.ق79.13 | ر.ق70.08 | +5.03% |
| 50 WNEAR | ر.ق395.66 | ر.ق350.41 | +5.03% |
| 100 WNEAR | ر.ق791.32 | ر.ق700.82 | +5.03% |
| 500 WNEAR | ر.ق3,956.61 | ر.ق3,504.11 | +5.03% |
| 1000 WNEAR | ر.ق7,913.21 | ر.ق7,008.23 | +5.03% |
WNEAR to QAR Today vs. 1 month ago
| Amount | 21:33 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 WNEAR | ر.ق3.96 | ر.ق8.98 | -34.72% |
| 1 WNEAR | ر.ق7.91 | ر.ق17.96 | -34.72% |
| 5 WNEAR | ر.ق39.57 | ر.ق89.79 | -34.72% |
| 10 WNEAR | ر.ق79.13 | ر.ق179.58 | -34.72% |
| 50 WNEAR | ر.ق395.66 | ر.ق897.89 | -34.72% |
| 100 WNEAR | ر.ق791.32 | ر.ق1,795.79 | -34.72% |
| 500 WNEAR | ر.ق3,956.61 | ر.ق8,978.94 | -34.72% |
| 1000 WNEAR | ر.ق7,913.21 | ر.ق17,957.89 | -34.72% |
WNEAR to QAR Today vs. 1 year ago
| Amount | 21:33 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 WNEAR | ر.ق3.96 | ر.ق-3.07227 | +291.37% |
| 1 WNEAR | ر.ق7.91 | ر.ق-6.1445 | +291.37% |
| 5 WNEAR | ر.ق39.57 | ر.ق-30.7227 | +291.37% |
| 10 WNEAR | ر.ق79.13 | ر.ق-61.4453 | +291.37% |
| 50 WNEAR | ر.ق395.66 | ر.ق-307.2266 | +291.37% |
| 100 WNEAR | ر.ق791.32 | ر.ق-614.4532 | +291.37% |
| 500 WNEAR | ر.ق3,956.61 | ر.ق-3072.2659 | +291.37% |
| 1000 WNEAR | ر.ق7,913.21 | ر.ق-6144.5318 | +291.37% |
How to convert WNEAR to QAR
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Verify your identity by entering your personal information and uploading a valid photo ID.
Convert WNEAR to QAR
Use a variety of payment options to buy Wrapped Near on Bitget. We'll show you how.
Buy WNEAR (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of WNEAR with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy WNEAR with USDT via Bitget spot market.
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Sell WNEAR (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of WNEAR to QAR. However, you can first exchange WNEAR for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of WNEAR to QAR?
There are many factors that affect the relationship between Wrapped Near 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 WNEAR/QAR. When there is positive news in the market about the widespread adoption of WNEAR or major technological breakthroughs, it tends to trigger market optimism and drive the rise of WNEAR/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in WNEAR/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.
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 WNEAR/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 Wrapped Near and adjust their investment strategies accordingly in the evolving market.
Wrapped Near price prediction
What will the price of WNEAR be in 2026?
Based on WNEAR's historical price performance prediction model, the price of WNEAR is projected to reach $2.66 in 2026.
What will the price of WNEAR be in 2031?
In 2031, the WNEAR price is expected to change by -4.00%. By the end of 2031, the WNEAR price is projected to reach $6.46, with a cumulative ROI of +165.60%.
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Popular Wrapped Near Converter
Check out these popular currency conversions of Wrapped Near to several fiat currencies.
WNEAR to TWD
1 WNEAR to NT$ 72.04 TWD
WNEAR to QAR
1 WNEAR to ر.ق 7.91 QAR
WNEAR to CNY
1 WNEAR to ¥ 15.82 CNY
WNEAR to USD
1 WNEAR to $ 2.17 USD
WNEAR to EUR
1 WNEAR to € 1.99 EUR
WNEAR to CAD
1 WNEAR to $ 3.09 CAD
WNEAR to KRW
1 WNEAR to ₩ 3,168.13 KRW
WNEAR to JPY
1 WNEAR to ¥ 316.58 JPY
WNEAR to GBP
1 WNEAR to £ 1.69 GBP
WNEAR to BRL
1 WNEAR to R$ 12.68 BRL
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Wrapped Near.
PI to QAR
1 PI to ر.ق 2.23 QAR
FIL to QAR
1 FIL to ر.ق 8.76 QAR
ATOM to QAR
1 ATOM to ر.ق 16.5 QAR
USUAL to QAR
1 USUAL to ر.ق 0.4363 QAR
BTC to QAR
1 BTC to ر.ق 289,717.87 QAR
CRTS to QAR
1 CRTS to ر.ق 0.001205 QAR
ZRO to QAR
1 ZRO to ر.ق 9.45 QAR
VIDT to QAR
1 VIDT to ر.ق 0.07973 QAR
AMP to QAR
1 AMP to ر.ق 0.01205 QAR
BERA to QAR
1 BERA to ر.ق 17.63 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 Wrapped Near 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 Wrapped Near 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 Wrapped Near 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.
