MEL
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 MELX(MEL) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 MEL at a value of 1 MEL for 0.00 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 MELX currency pair is the MEL to QAR, with for MELX's currency code being MEL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
MEL to QAR conversion rate trend
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In the past 1D, MELX has changed +0.02% to QAR. Based on the trend and price charts, MELX(MEL) has changed +0.02% to QAR while Qatari Rial(QAR) has changed % to MEL in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.003964 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/21 16:31:47(UTC+0)
How to buy MELX
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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MELX (MEL)
Use a variety of payment options to buy MELX on Bitget. We'll show you how.
Buy MEL (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of MEL with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy MEL 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 MEL (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of MEL to QAR. However, you can first exchange MEL 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 MELX to Qatari Rial?
MELX to Qatari Rial is rising this week.MELX's current market price is ر.ق 0.003966 per MEL, with a total market cap of ر.ق 80,513.37 QAR based on a circulating supply of 20,300,314 MEL. The trading volume of MELX has changed by 0.00% (ر.ق 0 QAR) in the last 24 hours. Last trading day, MEL's trading volume was ر.ق 0.
Market cap
$22.11K
24h volume
$0
Circulating supply
20.30M MEL
Conversion tables
The exchange rate of MELX is increasing.1 MEL is currently valued at ر.ق 0.003966 QAR , which means buying 5 MEL will cost ر.ق 0.01983 QAR . Similarly, ر.ق1 QAR can be traded for 252.14 MEL, and ر.ق50 QAR can be converted to 12,606.8 MEL, excluding any platform or gas fees.
The exchange rate of 1 MEL to Qatari Rial has changed by +0.07% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.02%, reaching a high of 0.003967 QAR and a low of 0.003960 QAR . One month ago, the value of 1 MEL was ر.ق 0.003960 QAR , which represents a +0.15% change from its current value. Over the last year, MELX has changed by , resulting in a change of +0.05% in its value.
+ر.ق
0.{6}2832QARMEL to QAR
Amount
23:18 today
0.5 MEL
ر.ق0.001983
1 MEL
ر.ق0.003966
5 MEL
ر.ق0.01983
10 MEL
ر.ق0.03966
50 MEL
ر.ق0.1983
100 MEL
ر.ق0.3966
500 MEL
ر.ق1.98
1000 MEL
ر.ق3.97
QAR to MEL
Amount23:18 today
0.5QAR126.07 MEL
1QAR252.14 MEL
5QAR1,260.68 MEL
10QAR2,521.36 MEL
50QAR12,606.8 MEL
100QAR25,213.59 MEL
500QAR126,067.96 MEL
1000QAR252,135.93 MEL
Today vs. 24 hours ago
| Amount | 23:18 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MEL | $0.0005445 | $0.0005444 | +0.02% |
| 1 MEL | $0.001089 | $0.001089 | +0.02% |
| 5 MEL | $0.005445 | $0.005444 | +0.02% |
| 10 MEL | $0.01089 | $0.01089 | +0.02% |
| 50 MEL | $0.05445 | $0.05444 | +0.02% |
| 100 MEL | $0.1089 | $0.1089 | +0.02% |
| 500 MEL | $0.5445 | $0.5444 | +0.02% |
| 1000 MEL | $1.09 | $1.09 | +0.02% |
Today vs. 1 month ago
| Amount | 23:18 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MEL | $0.0005445 | $0.0005437 | +0.15% |
| 1 MEL | $0.001089 | $0.001087 | +0.15% |
| 5 MEL | $0.005445 | $0.005437 | +0.15% |
| 10 MEL | $0.01089 | $0.01087 | +0.15% |
| 50 MEL | $0.05445 | $0.05437 | +0.15% |
| 100 MEL | $0.1089 | $0.1087 | +0.15% |
| 500 MEL | $0.5445 | $0.5437 | +0.15% |
| 1000 MEL | $1.09 | $1.09 | +0.15% |
Today vs. 1 year ago
| Amount | 23:18 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MEL | $0.0005445 | $0.0005443 | +0.05% |
| 1 MEL | $0.001089 | $0.001089 | +0.05% |
| 5 MEL | $0.005445 | $0.005443 | +0.05% |
| 10 MEL | $0.01089 | $0.01089 | +0.05% |
| 50 MEL | $0.05445 | $0.05443 | +0.05% |
| 100 MEL | $0.1089 | $0.1089 | +0.05% |
| 500 MEL | $0.5445 | $0.5443 | +0.05% |
| 1000 MEL | $1.09 | $1.09 | +0.05% |
MELX price prediction
What will the price of MEL be in 2025?
Based on MEL's historical price performance prediction model, the price of MEL is projected to reach $0.001724 in 2025.
What will the price of MEL be in 2030?
In 2030, the MEL price is expected to change by -18.00%. By the end of 2030, the MEL price is projected to reach $0.002350, with a cumulative ROI of +115.90%.
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Popular MELX conversions
Check out these popular currency conversions of MELX to several fiat currencies.
MELX to USD
1 MEL to $ 0.001089 USD
MELX to GBP
1 MEL to £ 0.0008648 GBP
MELX to EUR
1 MEL to € 0.001040 EUR
MELX to KRW
1 MEL to ₩ 1.53 KRW
MELX to CAD
1 MEL to $ 0.001522 CAD
MELX to AUD
1 MEL to $ 0.001671 AUD
MELX to JPY
1 MEL to ¥ 0.1683 JPY
MELX to BRL
1 MEL to R$ 0.006333 BRL
MELX to CNY
1 MEL to ¥ 0.007893 CNY
MELX to TWD
1 MEL to NT$ 0.03546 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in MELX.
MAD to QAR
1 MAD to ر.ق -- QAR
XRP to QAR
1 XRP to ر.ق 4.39 QAR
EGO to QAR
1 EGO to ر.ق 0.07358 QAR
Sharpe AI to QAR
1 SAI to ر.ق 0.1326 QAR
Solana to QAR
1 SOL to ر.ق 931.03 QAR
Bitcoin to QAR
1 BTC to ر.ق 359,440.94 QAR
Dogecoin to QAR
1 DOGE to ر.ق 1.41 QAR
Pepe to QAR
1 PEPE to ر.ق 0.{4}7680 QAR
Peanut the Squirrel to QAR
1 PNUT to ر.ق 4.93 QAR
Sui to QAR
1 SUI to ر.ق 13.29 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 MELX 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 MELX 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 MELX 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.
