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BAG to QAR Converter and calculator

BAG/QAR: 1 BAG = 0.0004806 QAR. The price of converting 1 Bag (BAG) to Qatari Rial (QAR) is 0.0004806 QAR today.
BAG
BAG
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BAG to QAR real-time exchange rates, making it easy to convert Bag (BAG) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 BAG is currently valued at 0.0004806 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BAG is currently valued at 0.0004806 QAR, which means buying 5 BAG would cost 0.002403 QAR. Similarly, ر.ق1 QAR can be converted to 2,080.66 BAG, and ر.ق50 QAR can be converted to 10,403.32 BAG, excluding any platform or gas fees.

Convert BAG to QAR

Convert QAR to BAG

Bag
Qatari Rial
In the table above, you'll find a comprehensive BAG to QAR converter that shows the value of Bag in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 BAG to QAR, all the way up to 10000 BAG, providing a clear view of their respective values.
Qatari Rial
Bag
500 QAR
1,040,332.07 BAG
1000 QAR
2,080,664.15 BAG
2000 QAR
4,161,328.29 BAG
5000 QAR
10,403,320.73 BAG
10000 QAR
20,806,641.47 BAG
50000 QAR
104,033,207.35 BAG
100000 QAR
208,066,414.7 BAG
In the table above, you'll find a comprehensive QAR to BAG converter that shows the value of Qatari Rial in Bag across commonly used conversion amounts. The list covers conversions from 1 QAR to BAG, all the way up to 100000 QAR, providing a clear view of their respective values.

BAG to QAR chart

BAG/QAR: 1 BAG = 0.0004806 QAR; 2025/06/21 16:22:55
In the past 1D, Bag has changed -6.87% to QAR. Based on the trend and price charts, Bag(BAG) has changed -6.87% to QAR while Qatari Rial(QAR) has changed % to BAG in the last 24 hours.
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BAG to QAR conversion data: Volatility and price changes of Bag in QAR

The highest Bag price in QAR over the past 7 days was 0.0005464 QAR while the lowest Bag price in QAR over the past 7 days was 0.0004768 QAR. The relative change between the highs and lows in Bag price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and BAG 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
0.0005165 QAR
0.0005464 QAR
0.0006785 QAR
0.0008954 QAR
Low
0.0004768 QAR
0.0004768 QAR
0.0003777 QAR
0.0003777 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
-6.87%
-8.50%
-13.87%
-34.58%

Bag information

BAG to QAR market statistics

BAG/QAR:
ر.ق0.0004806
BAG 24h volume:
ر.ق327,865.6
BAG market cap:
ر.ق2,154,220.04
BAG circulating supply:
4.48B BAG

Current BAG to QAR exchange rate

Bag to Qatari Rial is falling this week.
Bag's current market price is ر.ق0.0004806 per BAG, with a total market cap of ر.ق2,154,220.04 QAR based on a circulating supply of 4,482,208,300 BAG. The trading volume of Bag has changed by -15.65% (ر.ق-60,838.39 QAR) in the last 24 hours. Last trading day, BAG's trading volume was ر.ق388,704.

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

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How to convert BAG to QAR

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BAG to QAR Conversion tables

The exchange rate of Bag is decreasing.
The exchange rate of 1 BAG to Qatari Rial has changed by -8.50% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.87%, reaching a high of 0.0005165 QAR and a low of 0.0004768 QAR . One month ago, the value of 1 BAG was ر.ق0.0005580 QAR , which represents a -13.87% change from its current value. Over the last year, Bag has changed by
-ر.ق
0.008542QAR
, resulting in a change of -94.67% in its value.
24 hours ago1 month ago1 year ago
Amount 16:22 today 24 hours ago 24h change
0.5 BAG
ر.ق0.0002403ر.ق0.0002580
-6.87%
1 BAG
ر.ق0.0004806ر.ق0.0005161
-6.87%
5 BAG
ر.ق0.002403ر.ق0.002580
-6.87%
10 BAG
ر.ق0.004806ر.ق0.005161
-6.87%
50 BAG
ر.ق0.02403ر.ق0.02580
-6.87%
100 BAG
ر.ق0.04806ر.ق0.05161
-6.87%
500 BAG
ر.ق0.2403ر.ق0.2580
-6.87%
1000 BAG
ر.ق0.4806ر.ق0.5161
-6.87%

BAG to QAR FAQ

How much is 1 Bag in QAR?
Right now, the price of 1 Bag (BAG) in Qatari Rial (QAR) is ر.ق0.0004806.
How much BAG can I buy for 1 QAR?
Based on the current exchange rate, you can get 2,080.66 BAG for 1 QAR.
How do I calculate or convert BAG to QAR?
You can use our BAG to QAR calculator at the top of this page to convert any amount of BAG to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 10,403.32 BAG, while 5 BAG will cost around 0.002403QAR.
What is the highest price of BAG/QAR in history?
The all-time high price of 1 BAG in QAR is ر.ق0.03263. It remains to be seen if the value of 1 BAG/QAR will exceed the current all-time high.
What is the price trend of Bag in QAR?
Over the past 7 days, the exchange rate of Bag (BAG) has gone down by 8.50%.   Over the last month, the exchange rate of Bag (BAG) has gone down by 13.87% against Qatari Rial (QAR).

What factors influence the conversion rate of BAG to QAR?

There are many factors that affect the relationship between Bag 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 BAG/QAR. When there is positive news in the market about the widespread adoption of BAG or major technological breakthroughs, it tends to trigger market optimism and drive the rise of BAG/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in BAG/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 BAG/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 Bag 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 Bag currency pairs: BAG to US Dollar (USD), BAG to Euro (EUR), BAG to Pound Sterling (GBP), BAG to Canadian Dollar (CAD), BAG to Indian Rupee (INR), BAG to Pakistani Rupee (PKR), BAG to Brazilian Real (BRL), BAG to…
The price of Bag in the US is $0.0001317 USD. Additionally, Bag’s price is €0.0001143 EUR in the eurozone, £0.{4}9787 GBP in the UK, C$0.0001809 CAD in Canada, ₹0.01141 INR in India, ₨0.03739 PKR in Pakistan, R$0.0007261 BRL in Brazil, and more.
The most popular Bag currency pair is the BAG to Qatari Rial(QAR). The price of 1 Bag (BAG) in Qatari Rial (QAR) is ر.ق0.0004806.

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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.