Qatari Rial (QAR)

The Qatari Rial is issued by the Qatar Central Bank.

Alphabetic code
QAR
Numeric code
634
Symbol
QR
Minor units
2
Example
QAR 1,234.50
Used in
Qatar

History

  1. 1973 The Qatar Monetary Agency issues the first Qatari riyal banknotes on 19 May, after the joint Qatar and Dubai currency ends.
  2. 2001 Amiri Decree No. 34, issued in July, authorises the peg of the riyal to the US dollar at 3.64.
  3. 2002 According to the IMF, the riyal has been pegged to the US dollar at 3.64 since July.

Live exchange rates

Sources