COFI
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 CoFiX(COFI) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 COFI at a value of 1 COFI for 0.01 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 CoFiX currency pair is the COFI to QAR, with for CoFiX's currency code being COFI. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.
COFI to QAR conversion rate trend
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In the past 1D, CoFiX has changed +3.23% to QAR. Based on the trend and price charts, CoFiX(COFI) has changed +3.23% to QAR while Qatari Rial(QAR) has changed % to COFI in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ر.ق0.01479 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ر.ق0.01454 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/02 16:00:21(UTC+0)
How to buy CoFiX
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 CoFiX (COFI)
Use a variety of payment options to buy CoFiX on Bitget. We'll show you how.
Buy COFI (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading does not currently support direct buying of COFI with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy COFI 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 COFI (or USDT) for QAR (Qatari Rial) offers
Bitget P2P trading currently does not support direct selling of COFI to QAR. However, you can first exchange COFI 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 CoFiX to Qatari Rial?
CoFiX to Qatari Rial is rising this week.CoFiX's current market price is ر.ق 0.01479 per COFI, with a total market cap of ر.ق 0 QAR based on a circulating supply of -- COFI. The trading volume of CoFiX has changed by -46.32% (ر.ق -581.09 QAR) in the last 24 hours. Last trading day, COFI's trading volume was ر.ق 1,254.44.
Market cap
$0
24h volume
$184.94063052
Circulating supply
0 COFI
Conversion tables
The exchange rate of CoFiX is increasing.1 COFI is currently valued at ر.ق 0.01479 QAR , which means buying 5 COFI will cost ر.ق 0.07396 QAR . Similarly, ر.ق1 QAR can be traded for 67.61 COFI, and ر.ق50 QAR can be converted to 3,380.34 COFI, excluding any platform or gas fees.
The exchange rate of 1 COFI to Qatari Rial has changed by +4.19% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.23%, reaching a high of 0.01483 QAR and a low of 0.01404 QAR . One month ago, the value of 1 COFI was ر.ق 0.01426 QAR , which represents a +3.73% change from its current value. Over the last year, CoFiX has changed by , resulting in a change of -90.38% in its value.
-ر.ق
0.1389QARCOFI to QAR
Amount
20:31 today
0.5 COFI
ر.ق0.007396
1 COFI
ر.ق0.01479
5 COFI
ر.ق0.07396
10 COFI
ر.ق0.1479
50 COFI
ر.ق0.7396
100 COFI
ر.ق1.48
500 COFI
ر.ق7.4
1000 COFI
ر.ق14.79
QAR to COFI
Amount20:31 today
0.5QAR33.8 COFI
1QAR67.61 COFI
5QAR338.03 COFI
10QAR676.07 COFI
50QAR3,380.34 COFI
100QAR6,760.68 COFI
500QAR33,803.38 COFI
1000QAR67,606.77 COFI
Today vs. 24 hours ago
| Amount | 20:31 today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 COFI | $0.002031 | $0.001968 | +3.23% |
| 1 COFI | $0.004063 | $0.003936 | +3.23% |
| 5 COFI | $0.02031 | $0.01968 | +3.23% |
| 10 COFI | $0.04063 | $0.03936 | +3.23% |
| 50 COFI | $0.2031 | $0.1968 | +3.23% |
| 100 COFI | $0.4063 | $0.3936 | +3.23% |
| 500 COFI | $2.03 | $1.97 | +3.23% |
| 1000 COFI | $4.06 | $3.94 | +3.23% |
Today vs. 1 month ago
| Amount | 20:31 today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 COFI | $0.002031 | $0.001958 | +3.73% |
| 1 COFI | $0.004063 | $0.003916 | +3.73% |
| 5 COFI | $0.02031 | $0.01958 | +3.73% |
| 10 COFI | $0.04063 | $0.03916 | +3.73% |
| 50 COFI | $0.2031 | $0.1958 | +3.73% |
| 100 COFI | $0.4063 | $0.3916 | +3.73% |
| 500 COFI | $2.03 | $1.96 | +3.73% |
| 1000 COFI | $4.06 | $3.92 | +3.73% |
Today vs. 1 year ago
| Amount | 20:31 today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 COFI | $0.002031 | $0.02110 | -90.38% |
| 1 COFI | $0.004063 | $0.04221 | -90.38% |
| 5 COFI | $0.02031 | $0.2110 | -90.38% |
| 10 COFI | $0.04063 | $0.4221 | -90.38% |
| 50 COFI | $0.2031 | $2.11 | -90.38% |
| 100 COFI | $0.4063 | $4.22 | -90.38% |
| 500 COFI | $2.03 | $21.1 | -90.38% |
| 1000 COFI | $4.06 | $42.21 | -90.38% |
CoFiX price prediction
What will the price of COFI be in 2025?
Based on COFI's historical price performance prediction model, the price of COFI is projected to reach $0.01018 in 2025.
What will the price of COFI be in 2030?
In 2030, the COFI price is expected to change by +6.00%. By the end of 2030, the COFI price is projected to reach $0.01011, with a cumulative ROI of +148.88%.
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Popular CoFiX conversions
Check out these popular currency conversions of CoFiX to several fiat currencies.
CoFiX to USD
1 COFI to $ 0.004063 USD
CoFiX to GBP
1 COFI to £ 0.003142 GBP
CoFiX to EUR
1 COFI to € 0.003736 EUR
CoFiX to KRW
1 COFI to ₩ 5.61 KRW
CoFiX to CAD
1 COFI to $ 0.005674 CAD
CoFiX to AUD
1 COFI to $ 0.006193 AUD
CoFiX to JPY
1 COFI to ¥ 0.6217 JPY
CoFiX to BRL
1 COFI to R$ 0.02384 BRL
CoFiX to CNY
1 COFI to ¥ 0.02896 CNY
CoFiX to TWD
1 COFI to NT$ 0.1297 TWD
Popular cryptocurrencies to QAR
Explore other cryptocurrencies based on your interest in CoFiX.
Bitcoin to QAR
1 BTC to ر.ق 253,125.31 QAR
Dogecoin to QAR
1 DOGE to ر.ق 0.5819 QAR
Ethereum to QAR
1 ETH to ر.ق 9,082.06 QAR
BNB to QAR
1 BNB to ر.ق 2,076.14 QAR
XRP to QAR
1 XRP to ر.ق 1.85 QAR
Ethereum Classic to QAR
1 ETC to ر.ق 66.09 QAR
Qtum to QAR
1 QTUM to ر.ق 7.98 QAR
EOS to QAR
1 EOS to ر.ق 1.56 QAR
Polygon to QAR
1 MATIC to ر.ق 1.14 QAR
THORChain to QAR
1 RUNE to ر.ق 20.09 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 CoFiX 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 CoFiX 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 CoFiX 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.
