SOV
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 Sovryn(SOV) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 SOV at a value of 1 SOV for 2.42 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 Sovryn currency pair is the SOV to QAR, with for Sovryn's currency code being SOV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
SOV to QAR conversion rate trend
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In the past 1D, Sovryn has changed +3.66% to QAR. Based on the trend and price charts, Sovryn(SOV) has changed +3.66% to QAR while Qatari Rial(QAR) has changed % to SOV in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق2.42 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.ق2.41 | 0.1000% / 0.1000% | Yes |
Last updated 2024/07/01 16:00:18(UTC+0)
How to buy Sovryn
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Sovryn (SOV)
Use a variety of payment options to buy Sovryn on Bitget. We'll show you how.
Buy SOV (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of SOV with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy SOV 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 SOV (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of SOV to QAR. However, you can first exchange SOV for USDT in the Bitget spot market, and then sell USDT to QAR in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|---|---|---|---|
A AYMAN TAWFIK  0 trades｜Completion rate 0.00% | 3.6 QAR | Amount1000 USDT Limit50 - 3600 QAR |   | |
M Mujtaba Trading 1x 0 trades｜Completion rate 0.00% | 3.45 QAR | Amount5000 USDT Limit2500 - 17250 QAR |  | |
T The Zee_Ex. Co. 2 trades｜Completion rate 100.00% | 3.4 QAR | Amount5000 USDT Limit300 - 16900 QAR |  | |
Q QATARCRYPTO974 0 trades｜Completion rate 0.00% | 3.35 QAR | Amount9831.53 USDT Limit200 - 10000 QAR |   | |
T The Zee_Ex. Co. 2 trades｜Completion rate 100.00% | 3.01 QAR | Amount4662.21 USDT Limit50 - 15050 QAR | |
What factors influence the conversion rate of Sovryn to Qatari Rial?
Sovryn to Qatari Rial is rising this week.Sovryn's current market price is ر.ق 2.42 per SOV, with a total market cap of ر.ق 150,138,686.7 QAR based on a circulating supply of 62,040,896 SOV. The trading volume of Sovryn has changed by +87.91% (ر.ق 158,312.36 QAR) in the last 24 hours. Last trading day, SOV's trading volume was ر.ق 180,085.
Market cap
$41.18M
24h volume
$92.82K
Circulating supply
62.04M SOV
Conversion tables
The exchange rate of Sovryn is decreasing.1 SOV is currently valued at ر.ق 2.42 QAR , which means buying 5 SOV will cost ر.ق 12.1 QAR . Similarly, ر.ق1 QAR can be traded for 0.4132 SOV, and ر.ق50 QAR can be converted to 20.66 SOV, excluding any platform or gas fees.
The exchange rate of 1 SOV to Qatari Rial has changed by +7.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.66%, reaching a high of 2.46 QAR and a low of 2.29 QAR . One month ago, the value of 1 SOV was ر.ق 4.54 QAR , which represents a -46.70% change from its current value. Over the last year, Sovryn has changed by , resulting in a change of +50.75% in its value.
+ر.ق
0.8146QARSOV to QAR
Amount
16:51 today
0.5 SOV
ر.ق1.21
1 SOV
ر.ق2.42
5 SOV
ر.ق12.1
10 SOV
ر.ق24.2
50 SOV
ر.ق121
100 SOV
ر.ق242
500 SOV
ر.ق1,210
1000 SOV
ر.ق2,420
QAR to SOV
Amount16:51 today
0.5QAR0.2066 SOV
1QAR0.4132 SOV
5QAR2.07 SOV
10QAR4.13 SOV
50QAR20.66 SOV
100QAR41.32 SOV
500QAR206.61 SOV
1000QAR413.22 SOV
Today vs. 24 hours ago
| Amount | 16:51 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 SOV | $0.3319 | $0.3201 | +3.66% |
| 1 SOV | $0.6638 | $0.6403 | +3.66% |
| 5 SOV | $3.32 | $3.2 | +3.66% |
| 10 SOV | $6.64 | $6.4 | +3.66% |
| 50 SOV | $33.19 | $32.01 | +3.66% |
| 100 SOV | $66.38 | $64.03 | +3.66% |
| 500 SOV | $331.88 | $320.15 | +3.66% |
| 1000 SOV | $663.76 | $640.3 | +3.66% |
Today vs. 1 month ago
| Amount | 16:51 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 SOV | $0.3319 | $0.6227 | -46.70% |
| 1 SOV | $0.6638 | $1.25 | -46.70% |
| 5 SOV | $3.32 | $6.23 | -46.70% |
| 10 SOV | $6.64 | $12.45 | -46.70% |
| 50 SOV | $33.19 | $62.27 | -46.70% |
| 100 SOV | $66.38 | $124.53 | -46.70% |
| 500 SOV | $331.88 | $622.66 | -46.70% |
| 1000 SOV | $663.76 | $1,245.31 | -46.70% |
Today vs. 1 year ago
| Amount | 16:51 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 SOV | $0.3319 | $0.2202 | +50.75% |
| 1 SOV | $0.6638 | $0.4403 | +50.75% |
| 5 SOV | $3.32 | $2.2 | +50.75% |
| 10 SOV | $6.64 | $4.4 | +50.75% |
| 50 SOV | $33.19 | $22.02 | +50.75% |
| 100 SOV | $66.38 | $44.03 | +50.75% |
| 500 SOV | $331.88 | $220.17 | +50.75% |
| 1000 SOV | $663.76 | $440.33 | +50.75% |
Sovryn price prediction
What will the price of SOV be in 2025?
Based on SOV's historical price performance prediction model, the price of SOV is projected to reach $0.6842 in 2025.
What will the price of SOV be in 2030?
In 2030, the SOV price is expected to rise by 0.00%. By the end of 2030, the SOV price is projected to reach $1.51, with a cumulative ROI of +127.61%.
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Popular Sovryn conversions
Check out these popular currency conversions of Sovryn to several fiat currencies.
Sovryn to USD
1 SOV to $ 0.6638 USD
Sovryn to GBP
1 SOV to £ 0.5244 GBP
Sovryn to EUR
1 SOV to € 0.6185 EUR
Sovryn to KRW
1 SOV to ₩ 918.42 KRW
Sovryn to CAD
1 SOV to $ 0.9117 CAD
Sovryn to AUD
1 SOV to $ 0.9971 AUD
Sovryn to JPY
1 SOV to ¥ 107.19 JPY
Sovryn to BRL
1 SOV to R$ 3.71 BRL
Sovryn to CNY
1 SOV to ¥ 4.84 CNY
Sovryn to TWD
1 SOV to NT$ 21.62 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in Sovryn.
Biaoqing to QAR
1 BIAO to ر.ق 0.07276 QAR
Mogutou to QAR
1 MOGU to ر.ق -- QAR
Dogecoin to QAR
1 DOGE to ر.ق 0.4549 QAR
Bitcoin to QAR
1 BTC to ر.ق 229,932.66 QAR
AMC to QAR
1 AMC to ر.ق -- QAR
Notcoin to QAR
1 NOT to ر.ق 0.05165 QAR
Kaspa to QAR
1 KAS to ر.ق 0.6521 QAR
LayerZero to QAR
1 ZRO to ر.ق 14.02 QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}4209 QAR
Solana to QAR
1 SOL to ر.ق 538.52 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 Sovryn 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 Sovryn 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 Sovryn 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.
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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.
