QAR

Qatari Riyal (QAR) Profile

Users:

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

History:

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.

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