Qatari Riyal
Qatari Riyal
The Qatari Riyal is the official currency of Qatar. It is denoted by the currency code QAR. The Riyal is subdivided into 100 dirhams. It is issued and regulated by the Qatar Central Bank.
The Qatari Riyal has been in circulation since 1973, when it replaced the Qatar and Dubai Riyal at a fixed exchange rate. The Riyal is widely accepted in Qatar for all transactions, both cash and electronic.
The Qatari Riyal is a stable currency, backed by the country's vast reserves of oil and natural gas. It is pegged to the US Dollar at a fixed exchange rate of 3.64 QAR to 1 USD. This peg ensures stability and helps to maintain confidence in the currency.
The Qatari Riyal is available in both coins and banknotes. The coins are available in denominations of 1, 5, 10, 25, and 50 dirhams, while the banknotes are available in denominations of 1, 5, 10, 50, 100, and 500 riyals.
In conclusion, the Qatari Riyal is an important symbol of Qatar's economic stability and prosperity. It plays a crucial role in facilitating trade and commerce within the country and is widely accepted by businesses and individuals alike.
Below is the related paper currencies in Qatari Riyal.
2020 QAR100
Bermudian Dollar
Bermudian Dollar2009BMD1002009BMD102009BMD202009BMD22009BMD502009BMD5
Hungarian Forint
Hungarian Forint2015HUF100002018HUF10002017HUF200002016HUF20002017HUF50002018HUF500
US Dollar
The US Dollar is the currency of the United States of America and several other countries and territories. It is also the most widely used currency in international trade and finance, and the main reserve currency of the world. Here is a brief introduction of the US Dollar:The US Dollar was
Comorian Franc
The Comorian Franc is the official currency of the Comoros, a small island nation located in the Indian Ocean. It was introduced in 1981 to replace the French Franc, which had been in use since the country's colonial period. The currency is issued by the Central Bank of the Comoros and is available in both paper and coin form. The exchange rate of the Comorian Franc is determined by market forces and is subject to fluctuations. While the currency has faced some challenges in the past, such