QAR – Qatari Riyal

The Qatari Riyal is the foreign currency of Qatar, the abbreviation for the Qatari Riyal (QAR), And its divided into 100 dirhams and it’s also abbreviated as either (QR) and Symbol is (﷼). The Qatari Rail has been Pegged to the US Dollar at 1 USD= 3.64 Qatari Riyal At since July 2001.

Overview Qatari Riyal

Gulf Rupee is a Currency issued by the Indian government, prior 1966, Qatar used the Indian rupee as currency, then introduced the Qatar and Dubai riyal which was the result of sign the Qatar-Dubai Currency deal on 21 March 1966. Dubai get in the United Arab Emirates. Dubai riyal in 1973 and The Qatari riyal replaced the Qatar.

Qatari Riyal state currency is the Qatari Riyal (﷼) which comes in notes denominations of ﷼1 to ﷼500 notes.

Qatari Riyal state currency is the Qatari Riyal (﷼) which comes in Coins denominations of 1 to 50.

Importance Facts for Currency Banknote:

  • QAR Stats name: Qatari Riyal
  • Qatari Riyal Symbol: Sign (﷼)
  • Authority: Reserve Qatar Central Bank
  • Countries: Qatar

Know About Economy of Qatari Riyal

The base of the economy is petrol and real gas, an industry that was initiated in 1940. Oil and gas represent roughly half of GDP and 85% of commodities. Oil has made Qatar a profit per GDP which ranks including the highest in the world.

Currency Facts

QAR Stats

Name: Qatari Riyal

Symbol:

Minor Unit:
1/100 = Dirham

Top QAR Conversion:
INR/QAR

Top QAR Chart:
INR/QAR Chart

QAR Profile

Inflation: 3.80%

Coins:
Freq Used: 1, 5, 10, 25, 50

Banknotes:
Freq Used: ﷼1, ﷼5, ﷼10, ﷼50, ﷼100, ﷼500

Central Bank:
Qatar Central Bank
Website: http://www.qcb.gov.qa

Users: Qatar

 

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