Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info Torum

Torum to Qatari Rial Converter and calculator

Convert 1Torum (XTM) to Qatari Rial (QAR) equals ر.ق 0.05261 | Bitget
XTM
XTM
swap
QAR
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Torum(XTM) to Qatari Rial(QAR). This is the real-time data. The current conversion shows 1 XTM at a value of 1 XTM 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.

Show more
Bitget crypto-to-fiat exchange data shows that the most popular Torum currency pair is the XTM to QAR, with for Torum's currency code being XTM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for QAR.

XTM to QAR conversion rate trend

1D7D1M3M1YAll
In the past 1D, Torum has changed -0.83% to QAR. Based on the trend and price charts, Torum(XTM) has changed -0.83% to QAR while Qatari Rial(QAR) has changed % to XTM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
ر.ق0.05209
0.0200% / 0.0320%vip-iconVIP 7
Huobi
ر.ق0.05176
0.1000% / 0.1000%
Yes
KuCoin
ر.ق0.05205
0.1000% / 0.1000%
Yes
Last updated 2024/12/23 08:00:19(UTC+0)

How to buy Torum

buy-coin-step-0-img
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.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Torum (XTM)
Use a variety of payment options to buy Torum on Bitget. We'll show you how.

Buy XTM (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading does not currently support direct buying of XTM with QAR. However, you can buy USDT in Bitget P2P trading first, and then buy XTM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Sell XTM (or USDT) for QAR (Qatari Rial) offers

Bitget P2P trading currently does not support direct selling of XTM to QAR. However, you can first exchange XTM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Torum to Qatari Rial?

Torum to Qatari Rial is falling this week.
Torum's current market price is ر.ق 0.05261 per XTM, with a total market cap of ر.ق 10,211,583.65 QAR based on a circulating supply of 194,096,320 XTM. The trading volume of Torum has changed by -5.23% (ر.ق -27,390.34 QAR) in the last 24 hours. Last trading day, XTM's trading volume was ر.ق 523,235.6.
Market cap
$2.80M
24h volume
$135.85K
Circulating supply
194.10M XTM

Conversion tables

The exchange rate of Torum is decreasing.
1 XTM is currently valued at ر.ق 0.05261 QAR , which means buying 5 XTM will cost ر.ق 0.2631 QAR . Similarly, ر.ق1 QAR can be traded for 19.01 XTM, and ر.ق50 QAR can be converted to 950.37 XTM, excluding any platform or gas fees.
The exchange rate of 1 XTM to Qatari Rial has changed by -11.06% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.83%, reaching a high of 0.05431 QAR and a low of 0.05065 QAR . One month ago, the value of 1 XTM was ر.ق 0.05413 QAR , which represents a -2.83% change from its current value. Over the last year, Torum has changed by
-ر.ق
0.1413QAR
, resulting in a change of -72.99% in its value.

XTM to QAR

Amount
14:23 today
0.5 XTM
ر.ق0.02631
1 XTM
ر.ق0.05261
5 XTM
ر.ق0.2631
10 XTM
ر.ق0.5261
50 XTM
ر.ق2.63
100 XTM
ر.ق5.26
500 XTM
ر.ق26.31
1000 XTM
ر.ق52.61

QAR to XTM

Amount14:23 today
0.5QAR9.5  XTM
1QAR19.01  XTM
5QAR95.04  XTM
10QAR190.07  XTM
50QAR950.37  XTM
100QAR1,900.75  XTM
500QAR9,503.73  XTM
1000QAR19,007.47  XTM

Today vs. 24 hours ago

Amount14:23 today24 hours ago24h change
0.5 XTM$0.007207$0.007267
-0.83%
1 XTM$0.01441$0.01453
-0.83%
5 XTM$0.07207$0.07267
-0.83%
10 XTM$0.1441$0.1453
-0.83%
50 XTM$0.7207$0.7267
-0.83%
100 XTM$1.44$1.45
-0.83%
500 XTM$7.21$7.27
-0.83%
1000 XTM$14.41$14.53
-0.83%

Today vs. 1 month ago

Amount14:23 today1 month ago1M change
0.5 XTM$0.007207$0.007416
-2.83%
1 XTM$0.01441$0.01483
-2.83%
5 XTM$0.07207$0.07416
-2.83%
10 XTM$0.1441$0.1483
-2.83%
50 XTM$0.7207$0.7416
-2.83%
100 XTM$1.44$1.48
-2.83%
500 XTM$7.21$7.42
-2.83%
1000 XTM$14.41$14.83
-2.83%

Today vs. 1 year ago

Amount14:23 today1 year ago1Y change
0.5 XTM$0.007207$0.02657
-72.99%
1 XTM$0.01441$0.05314
-72.99%
5 XTM$0.07207$0.2657
-72.99%
10 XTM$0.1441$0.5314
-72.99%
50 XTM$0.7207$2.66
-72.99%
100 XTM$1.44$5.31
-72.99%
500 XTM$7.21$26.57
-72.99%
1000 XTM$14.41$53.14
-72.99%

Torum price prediction

What will the price of XTM be in 2025?

Based on XTM's historical price performance prediction model, the price of XTM is projected to reach $0.02399 in 2025.

What will the price of XTM be in 2030?

In 2030, the XTM price is expected to change by +5.00%. By the end of 2030, the XTM price is projected to reach $0.03637, with a cumulative ROI of +150.51%.

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action

Latest coin listings on Bitget

New listings

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 Torum 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 Torum 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 Torum 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.