QAR - Qatari Riyal currency

Qatar flag Qatar

The Qatari Riyal (QAR) is the official currency of Qatar and is issued by the Qatar Central Bank. The Riyal has been pegged to the US dollar since 2001 at a fixed exchange rate of 3.64 QAR to 1 USD. Qatar's economy, one of the richest in the world per capita, is largely driven by oil and natural gas exports. The Riyal is widely used within the country for trade, investments, and daily transactions. Qatar's stable economic policies and high reserves support the Riyal’s strength.

QAR - Qatari Riyal profile

Symbol ر.ق
ISO 4217 Code QAR
Central Bank Qatar Central Bank
Nicknames -
Countries using this currency Qatar

QAR - Qatari Riyal
live currency rates

Last updated:
Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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Disclaimer: All information in this article is provided for general knowledge and educational use only. It should not be considered legal, tax, or financial advice. We recommend contacting a licensed expert in your area for assistance with specific concerns.

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