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Magma to Qatari Rial (GMON to QAR)

GMON to QAR Converter and calculator

GMON/QAR: 1 GMON = 0.07454 QAR. The price of converting 1 Magma (GMON) to Qatari Rial (QAR) is 0.07454 QAR today.
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GMON
QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMON to QAR real-time exchange rates, making it easy to convert Magma (GMON) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 GMON is currently valued at 0.07454 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMON is currently valued at 0.07454 QAR, which means buying 5 GMON would cost 0.3727 QAR. Similarly, ر.ق1 QAR can be converted to 13.42 GMON, and ر.ق50 QAR can be converted to 67.08 GMON, excluding any platform or gas fees.

Convert GMON to QAR

Convert QAR to GMON

Magma
Qatari Rial
1 GMON
0.07454  QAR
Exchange 1 GMON for 0.07454 QAR
2 GMON
0.1491  QAR
Exchange 2 GMON for 0.1491 QAR
5 GMON
0.3727  QAR
Exchange 5 GMON for 0.3727 QAR
10 GMON
0.7454  QAR
Exchange 10 GMON for 0.7454 QAR
20 GMON
1.49  QAR
Exchange 20 GMON for 1.49 QAR
50 GMON
3.73  QAR
Exchange 50 GMON for 3.73 QAR
100 GMON
7.45  QAR
Exchange 100 GMON for 7.45 QAR
200 GMON
14.91  QAR
Exchange 200 GMON for 14.91 QAR
500 GMON
37.27  QAR
Exchange 500 GMON for 37.27 QAR
1000 GMON
74.54  QAR
Exchange 1000 GMON for 74.54 QAR
5000 GMON
372.71  QAR
Exchange 5000 GMON for 372.71 QAR
10000 GMON
745.41  QAR
Exchange 10000 GMON for 745.41 QAR
In the table above, you'll find a comprehensive GMON to QAR converter that shows the value of Magma in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 GMON to QAR, all the way up to 10000 GMON, providing a clear view of their respective values.
Qatari Rial
Magma
1 QAR
13.42 GMON
Exchange 1 QAR for 13.42 GMON
10 QAR
134.15 GMON
Exchange 10 QAR for 134.15 GMON
50 QAR
670.77 GMON
Exchange 50 QAR for 670.77 GMON
100 QAR
1,341.54 GMON
Exchange 100 QAR for 1,341.54 GMON
200 QAR
2,683.07 GMON
Exchange 200 QAR for 2,683.07 GMON
500 QAR
6,707.68 GMON
Exchange 500 QAR for 6,707.68 GMON
1000 QAR
13,415.36 GMON
Exchange 1000 QAR for 13,415.36 GMON
2000 QAR
26,830.71 GMON
Exchange 2000 QAR for 26,830.71 GMON
5000 QAR
67,076.78 GMON
Exchange 5000 QAR for 67,076.78 GMON
10000 QAR
134,153.57 GMON
Exchange 10000 QAR for 134,153.57 GMON
50000 QAR
670,767.85 GMON
Exchange 50000 QAR for 670,767.85 GMON
100000 QAR
1,341,535.69 GMON
Exchange 100000 QAR for 1,341,535.69 GMON
In the table above, you'll find a comprehensive QAR to GMON converter that shows the value of Qatari Rial in Magma across commonly used conversion amounts. The list covers conversions from 1 QAR to GMON, all the way up to 100000 QAR, providing a clear view of their respective values.

GMON to QAR chart

GMON/QAR: 1 GMON = 0.07454 QAR; 2026/01/20 02:54:00
In the past 1D, Magma has changed -3.37% to QAR. Based on the trend and price charts, Magma(GMON) has changed -3.37% to QAR while Qatari Rial(QAR) has changed % to GMON in the last 24 hours.
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GMON to QAR conversion data: Volatility and price changes of Magma in QAR

The highest Magma price in QAR over the past 7 days was 0.09271 QAR while the lowest Magma price in QAR over the past 7 days was 0.07439 QAR. The relative change between the highs and lows in Magma price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GMON 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
0.07753 QAR
0.09271 QAR
0.1140 QAR
0.1739 QAR
Low
0.07439 QAR
0.07439 QAR
0.06813 QAR
0.03840 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
-3.37%
-12.71%
+7.55%
-54.49%

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Bitget P2P trading does not currently support direct buying of GMON with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy GMON with USDT via Bitget spot market.
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Magma information

GMON to QAR market statistics

GMON/QAR:
ر.ق0.07454
GMON 24h volume:
ر.ق376.06
GMON market cap:
ر.ق7,123,395.65
GMON circulating supply:
95.56M GMON

Current GMON to QAR exchange rate

Magma to Qatari Rial is falling this week.
Magma's current market price is ر.ق0.07454 per GMON, with a total market cap of ر.ق7,123,395.65 QAR based on a circulating supply of 95,562,900 GMON. The trading volume of Magma has changed by -63.92% (ر.ق-666.36 QAR) in the last 24 hours. Last trading day, GMON's trading volume was ر.ق1,042.42.

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

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How to convert GMON to QAR

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GMON to QAR Conversion tables

The exchange rate of Magma is increasing.
The exchange rate of 1 GMON to Qatari Rial has changed by -12.71% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.37%, reaching a high of 0.07753 QAR and a low of 0.07439 QAR . One month ago, the value of 1 GMON was ر.ق0.06931 QAR , which represents a +7.55% change from its current value. Over the last year, Magma has changed by
+ر.ق
0.07444QAR
, resulting in a change of -47.46% in its value.
24 hours ago1 month ago1 year ago
Amount 02:54 am today 24 hours ago 24h change
0.5 GMON
ر.ق0.03727ر.ق0.03857
-3.37%
1 GMON
ر.ق0.07454ر.ق0.07714
-3.37%
5 GMON
ر.ق0.3727ر.ق0.3857
-3.37%
10 GMON
ر.ق0.7454ر.ق0.7714
-3.37%
50 GMON
ر.ق3.73ر.ق3.86
-3.37%
100 GMON
ر.ق7.45ر.ق7.71
-3.37%
500 GMON
ر.ق37.27ر.ق38.57
-3.37%
1000 GMON
ر.ق74.54ر.ق77.14
-3.37%

GMON to QAR FAQ

How much is 1 Magma in QAR?
Right now, the price of 1 Magma (GMON) in Qatari Rial (QAR) is ر.ق0.07454.
How much GMON can I buy for 1 QAR?
Based on the current exchange rate, you can get 13.42 GMON for 1 QAR.
How do I calculate or convert GMON to QAR?
You can use our GMON to QAR calculator at the top of this page to convert any amount of GMON to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 67.08 GMON, while 5 GMON will cost around 0.3727QAR.
What is the highest price of GMON/QAR in history?
The all-time high price of 1 GMON in QAR is ر.ق0.1739. It remains to be seen if the value of 1 GMON/QAR will exceed the current all-time high.
What is the price trend of Magma in QAR?
Over the past 7 days, the exchange rate of Magma (GMON) has gone down by 12.71%.   Over the last month, the exchange rate of Magma (GMON) has gone up by 7.55% against Qatari Rial (QAR).

What factors influence the conversion rate of GMON to QAR?

There are many factors that affect the relationship between Magma 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 GMON/QAR. When there is positive news in the market about the widespread adoption of GMON or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMON/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMON/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 GMON/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 Magma 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 Magma currency pairs: GMON to US Dollar (USD), GMON to Euro (EUR), GMON to Pound Sterling (GBP), GMON to Canadian Dollar (CAD), GMON to Indian Rupee (INR), GMON to Pakistani Rupee (PKR), GMON to Brazilian Real (BRL), GMON to…
The price of Magma in the US is $0.02042 USD. Additionally, Magma’s price is €0.01754 EUR in the eurozone, £0.01521 GBP in the UK, C$0.02832 CAD in Canada, ₹1.86 INR in India, ₨5.71 PKR in Pakistan, R$0.1097 BRL in Brazil, and more.
The most popular Magma currency pair is the GMON to Qatari Rial(QAR). The price of 1 Magma (GMON) in Qatari Rial (QAR) is ر.ق0.07454.

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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.
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