Qatari Riyal (QAR) Profile | Currency Converter

Currency name

Currency code

Currency symbol

Yemeni rial symbol

Subunit

1/100, dirham

Coins freq used

1 dirham, 5 dirhams, 10 dirhams, 25 dirhams, 50 dirhams

Coins rarely used

Banknotes freq used

1 riyal, 5 riyals, 10 riyals, 50 riyals, 100 riyals, 500 riyals

Banknotes rarely used

Central bank

Qatar Central Bank (www.qcb.gov.qa)

Currency users

Currency notes

Qatari riyal is pegged with the U.S.dollar at 1 USD=3.64 QAR.

Currency user list

Users:

The Qatari Riyal (QAR) is the official currency of Qatar. It is the legal tender used for all transactions within the country.

The Qatari Riyal was first introduced in 1973, replacing the Gulf Rupee, after Qatar gained independence from the British protectorate.

Qatar is known for its vast reserves of natural gas and oil, which have played a significant role in the country's economic growth and stability.

The Qatari Riyal is subdivided into 100 dirhams, although dirham coins are rarely used nowadays.

Coins currently in circulation are 1, 5, 10, 25, and 50 dirhams, as well as 1 Riyal.

The most commonly used banknotes are 1, 5, 10, 50, 100, and 500 Riyals.

Each banknote typically features important cultural, historical symbols, and landmarks of Qatar.