FRM
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 Ferrum Network(FRM) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 FRM at a value of 1 FRM for 0.05 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 Ferrum Network currency pair is the FRM to QAR, with for Ferrum Network's currency code being FRM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
FRM to QAR conversion rate trend
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In the past 1D, Ferrum Network has changed -2.75% to QAR. Based on the trend and price charts, Ferrum Network(FRM) has changed -2.75% to QAR while Qatari Rial(QAR) has changed % to FRM in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.04736 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.ق0.04754 | 0.1000% / 0.1000% | Yes |
KuCoin | ر.ق0.04758 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/05 16:00:13(UTC+0)
How to buy Ferrum Network
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Ferrum Network (FRM)
Use a variety of payment options to buy Ferrum Network on Bitget. We'll show you how.
Buy FRM (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of FRM with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy FRM 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 FRM (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of FRM to QAR. However, you can first exchange FRM 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 Ferrum Network to Qatari Rial?
Ferrum Network to Qatari Rial is falling this week.Ferrum Network's current market price is ر.ق 0.04610 per FRM, with a total market cap of ر.ق 12,427,420.22 QAR based on a circulating supply of 269,575,780 FRM. The trading volume of Ferrum Network has changed by -10.43% (ر.ق -159,661.12 QAR) in the last 24 hours. Last trading day, FRM's trading volume was ر.ق 1,530,655.3.
Market cap
$3.41M
24h volume
$376.60K
Circulating supply
269.58M FRM
Conversion tables
The exchange rate of Ferrum Network is decreasing.1 FRM is currently valued at ر.ق 0.04610 QAR , which means buying 5 FRM will cost ر.ق 0.2305 QAR . Similarly, ر.ق1 QAR can be traded for 21.69 FRM, and ر.ق50 QAR can be converted to 1,084.6 FRM, excluding any platform or gas fees.
The exchange rate of 1 FRM to Qatari Rial has changed by -11.60% in the last 7 days. In the last 24 hours, the rate has fluctuated by -2.75%, reaching a high of 0.04792 QAR and a low of 0.04609 QAR . One month ago, the value of 1 FRM was ر.ق 0.06008 QAR , which represents a -23.27% change from its current value. Over the last year, Ferrum Network has changed by , resulting in a change of -58.41% in its value.
-ر.ق
0.06474QARFRM to QAR
Amount
00:01 am today
0.5 FRM
ر.ق0.02305
1 FRM
ر.ق0.04610
5 FRM
ر.ق0.2305
10 FRM
ر.ق0.4610
50 FRM
ر.ق2.3
100 FRM
ر.ق4.61
500 FRM
ر.ق23.05
1000 FRM
ر.ق46.1
QAR to FRM
Amount00:01 am today
0.5QAR10.85 FRM
1QAR21.69 FRM
5QAR108.46 FRM
10QAR216.92 FRM
50QAR1,084.6 FRM
100QAR2,169.2 FRM
500QAR10,846.01 FRM
1000QAR21,692.01 FRM
Today vs. 24 hours ago
| Amount | 00:01 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 FRM | $0.006332 | $0.006510 | -2.75% |
| 1 FRM | $0.01266 | $0.01302 | -2.75% |
| 5 FRM | $0.06332 | $0.06510 | -2.75% |
| 10 FRM | $0.1266 | $0.1302 | -2.75% |
| 50 FRM | $0.6332 | $0.6510 | -2.75% |
| 100 FRM | $1.27 | $1.3 | -2.75% |
| 500 FRM | $6.33 | $6.51 | -2.75% |
| 1000 FRM | $12.66 | $13.02 | -2.75% |
Today vs. 1 month ago
| Amount | 00:01 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 FRM | $0.006332 | $0.008252 | -23.27% |
| 1 FRM | $0.01266 | $0.01650 | -23.27% |
| 5 FRM | $0.06332 | $0.08252 | -23.27% |
| 10 FRM | $0.1266 | $0.1650 | -23.27% |
| 50 FRM | $0.6332 | $0.8252 | -23.27% |
| 100 FRM | $1.27 | $1.65 | -23.27% |
| 500 FRM | $6.33 | $8.25 | -23.27% |
| 1000 FRM | $12.66 | $16.5 | -23.27% |
Today vs. 1 year ago
| Amount | 00:01 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 FRM | $0.006332 | $0.01522 | -58.41% |
| 1 FRM | $0.01266 | $0.03045 | -58.41% |
| 5 FRM | $0.06332 | $0.1522 | -58.41% |
| 10 FRM | $0.1266 | $0.3045 | -58.41% |
| 50 FRM | $0.6332 | $1.52 | -58.41% |
| 100 FRM | $1.27 | $3.04 | -58.41% |
| 500 FRM | $6.33 | $15.22 | -58.41% |
| 1000 FRM | $12.66 | $30.45 | -58.41% |
Ferrum Network price prediction
What will the price of FRM be in 2025?
Based on FRM's historical price performance prediction model, the price of FRM is projected to reach $0.02014 in 2025.
What will the price of FRM be in 2030?
In 2030, the FRM price is expected to change by -20.00%. By the end of 2030, the FRM price is projected to reach $0.02864, with a cumulative ROI of +120.20%.
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Popular Ferrum Network conversions
Check out these popular currency conversions of Ferrum Network to several fiat currencies.
Ferrum Network to USD
1 FRM to $ 0.01266 USD
Ferrum Network to GBP
1 FRM to £ 0.009709 GBP
Ferrum Network to EUR
1 FRM to € 0.01159 EUR
Ferrum Network to KRW
1 FRM to ₩ 17.45 KRW
Ferrum Network to CAD
1 FRM to $ 0.01751 CAD
Ferrum Network to AUD
1 FRM to $ 0.01908 AUD
Ferrum Network to JPY
1 FRM to ¥ 1.92 JPY
Ferrum Network to BRL
1 FRM to R$ 0.07283 BRL
Ferrum Network to CNY
1 FRM to ¥ 0.08995 CNY
Ferrum Network to TWD
1 FRM to NT$ 0.4041 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Ferrum Network.
Bitcoin to QAR
1 BTC to ر.ق 252,666.9 QAR
Super Trump Coin to QAR
1 STRUMP to ر.ق 0.02088 QAR
Grass to QAR
1 GRASS to ر.ق -- QAR
Xodex to QAR
1 XODEX to ر.ق 0.001009 QAR
Solana to QAR
1 SOL to ر.ق 606.74 QAR
Dogecoin to QAR
1 DOGE to ر.ق 0.6197 QAR
Sui to QAR
1 SUI to ر.ق 7.3 QAR
Ethereum to QAR
1 ETH to ر.ق 8,826.89 QAR
TROY to QAR
1 TROY to ر.ق 0.01648 QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}3114 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 Ferrum Network 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 Ferrum Network 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 Ferrum Network 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.
