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Currency Profile

Qatari Riyal (QAR)

The Qatari riyal is the official currency of Qatar and is divided into 100 dirhams. Qatar Central Bank manages currency issuance and the monetary system.

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ISO codeQAR
Symbolر.ق
Central bankQatar Central Bank
Minor unitDirham
RegionMiddle East & Africa
Statusactive
Issuing authorityQatar Central Bank

Currency facts

About the Qatari Riyal

QAR has an official fixed relationship with the US dollar. The riyal remains the unit used for local accounts and payments, while the peg defines its external value against USD.

Issuing authorityQatar Central Bank
Exchange-rate arrangementPegged to the US dollar
Peg or linkQatar Central Bank maintains the riyal's fixed relationship with the US dollar.

Currency coverage

Where the Qatari riyal is official

Official tenderQatar

Countries

Country guides

Countries in this directory where the Qatari riyal is official tender.

Qatar flagQatarMiddle East & Africa

Related Currencies

Compare QAR

South Africa flagZARSouth African RandUnited Arab Emirates flagAEDUnited Arab Emirates DirhamSaudi Arabia flagSARSaudi RiyalKuwait flagKWDKuwaiti DinarBahrain flagBHDBahraini DinarOman flagOMROmani Rial

FAQ

QAR questions

What is QAR?

QAR is the ISO 4217 code for the Qatari riyal. The Qatari riyal is the official currency of Qatar and is divided into 100 dirhams. Qatar Central Bank manages currency issuance and the monetary system.

Who issues the Qatari riyal?

The Qatar Central Bank is the principal monetary authority associated with the Qatari riyal.

Where is QAR official tender?

QAR is official tender in Qatar.

Exchange-rate information is provided for reference only and is not financial, trading or investment advice.

Sources and review

Official references and editorial review

Reviewed by: CurrencyHub Editorial Team

Editorially reviewed:

Sources
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