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GMX to QAR Converter and calculator

GMX/QAR: 1 GMX = 59.27 QAR. The price of converting 1 GMX (GMX) to Qatari Rial (QAR) is 59.27 QAR today.
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QAR
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GMX to QAR real-time exchange rates, making it easy to convert GMX (GMX) to Qatari Rial (QAR). The conversion result is based on real-time data. The conversion result shows that 1 GMX is currently valued at 59.27 QAR. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GMX is currently valued at 59.27 QAR, which means buying 5 GMX would cost 296.33 QAR. Similarly, ر.ق1 QAR can be converted to 0.01687 GMX, and ر.ق50 QAR can be converted to 0.08437 GMX, excluding any platform or gas fees.

Convert GMX to QAR

Convert QAR to GMX

GMX
Qatari Rial
100 GMX
5,926.63  QAR
200 GMX
11,853.25  QAR
500 GMX
29,633.13  QAR
1000 GMX
59,266.25  QAR
5000 GMX
296,331.27  QAR
10000 GMX
592,662.54  QAR
In the table above, you'll find a comprehensive GMX to QAR converter that shows the value of GMX in Qatari Rial across commonly used conversion amounts. The list covers conversions from 1 GMX to QAR, all the way up to 10000 GMX, providing a clear view of their respective values.
In the table above, you'll find a comprehensive QAR to GMX converter that shows the value of Qatari Rial in GMX across commonly used conversion amounts. The list covers conversions from 1 QAR to GMX, all the way up to 100000 QAR, providing a clear view of their respective values.

GMX to QAR chart

GMX/QAR: 1 GMX = 59.27 QAR; 2025/05/11 09:32:12
In the past 1D, GMX has changed +4.28% to QAR. Based on the trend and price charts, GMX(GMX) has changed +4.28% to QAR while Qatari Rial(QAR) has changed % to GMX in the last 24 hours.
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GMX to QAR conversion data: Volatility and price changes of GMX in QAR

The highest GMX price in QAR over the past 7 days was 61.83 QAR while the lowest GMX price in QAR over the past 7 days was 45.8 QAR. The relative change between the highs and lows in GMX price in QAR over the last 7 days indicates a volatility of %. You can view additional volatility data and GMX to QAR prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
61.83 QAR
61.83 QAR
61.83 QAR
94.84 QAR
Low
55.84 QAR
45.8 QAR
45.8 QAR
35.06 QAR
Average
0 QAR
0 QAR
0 QAR
0 QAR
Volatility
%
%
%
%
Change
+4.28%
+22.10%
+16.65%
-31.21%

GMX information

GMX to QAR market statistics

GMX/QAR:
ر.ق59.27
GMX 24h volume:
ر.ق57,289,599.62
GMX market cap:
ر.ق600,019,871.73
GMX circulating supply:
10.12M GMX

Current GMX to QAR exchange rate

GMX to Qatari Rial is rising this week.
GMX's current market price is ر.ق59.27 per GMX, with a total market cap of ر.ق600,019,871.73 QAR based on a circulating supply of 10,124,140 GMX. The trading volume of GMX has changed by +20.22% (ر.ق9,634,006.96 QAR) in the last 24 hours. Last trading day, GMX's trading volume was ر.ق47,655,592.66.

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

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How to convert GMX to QAR

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GMX to QAR Conversion tables

The exchange rate of GMX is increasing.
The exchange rate of 1 GMX to Qatari Rial has changed by +22.10% in the last 7 days. In the last 24 hours, the rate has fluctuated by +4.28%, reaching a high of 61.83 QAR and a low of 55.84 QAR . One month ago, the value of 1 GMX was ر.ق50.81 QAR , which represents a +16.65% change from its current value. Over the last year, GMX has changed by
-ر.ق
42.29QAR
, resulting in a change of -41.64% in its value.
24 hours ago1 month ago1 year ago
Amount09:32 am today24 hours ago24h change
0.5 GMXر.ق29.63ر.ق28.42
+4.28%
1 GMXر.ق59.27ر.ق56.83
+4.28%
5 GMXر.ق296.33ر.ق284.16
+4.28%
10 GMXر.ق592.66ر.ق568.31
+4.28%
50 GMXر.ق2,963.31ر.ق2,841.55
+4.28%
100 GMXر.ق5,926.63ر.ق5,683.1
+4.28%
500 GMXر.ق29,633.13ر.ق28,415.51
+4.28%
1000 GMXر.ق59,266.25ر.ق56,831.03
+4.28%

GMX to QAR FAQ

How much is 1 GMX in QAR?
Right now, the price of 1 GMX (GMX) in Qatari Rial (QAR) is ر.ق59.27.
How much GMX can I buy for 1 QAR?
Based on the current exchange rate, you can get 0.01687 GMX for 1 QAR.
How do I calculate or convert GMX to QAR?
You can use our GMX to QAR calculator at the top of this page to convert any amount of GMX to QAR. We've also included quick-reference tables for the most popular conversions. For example, 5 QAR is equivalent to 0.08437 GMX, while 5 GMX will cost around 296.33QAR.
What is the highest price of GMX/QAR in history?
The all-time high price of 1 GMX in QAR is ر.ق330.92. It remains to be seen if the value of 1 GMX/QAR will exceed the current all-time high.
What is the price trend of GMX in QAR?
Over the past 7 days, the exchange rate of GMX (GMX) has gone up by 22.10%.   Over the last month, the exchange rate of GMX (GMX) has gone up by 16.65% against Qatari Rial (QAR).

What factors influence the conversion rate of GMX to QAR?

There are many factors that affect the relationship between GMX 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 GMX/QAR. When there is positive news in the market about the widespread adoption of GMX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GMX/QAR. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GMX/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 GMX/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 GMX and adjust their investment strategies accordingly in the evolving market.

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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.