Convert Qatari Rial to Bitcoin
Please provide values below to convert Qatari Rial [QAR] to Bitcoin [BTC], or Convert Bitcoin to Qatari Rial.
How to Convert Qatari Rial to Bitcoin
1 QAR = 430773.867293071 BTC
Example: convert 15 QAR to BTC:
15 QAR = 15 × 430773.867293071 BTC = 6461608.00939607 BTC
Qatari Rial to Bitcoin Conversion Table
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.