Qatari Rial

The Qatari Rial is the currency of Qatar (QA)
1 QAR = 0.416 AUD
1 AUD = 2.405 QAR
1 QAR = 232.748 ARS
1 ARS = 0.004 QAR
1 QAR = 784.092 BIF
1 BIF = 0.001 QAR
1 QAR = 0.103 BHD
1 BHD = 9.673 QAR
1 QAR = 1.895 BOB
1 BOB = 0.528 QAR
1 QAR = 0.466 AZN
1 AZN = 2.145 QAR
1 QAR = 22.698 BTN
1 BTN = 0.044 QAR
1 QAR = 140.266 CRC
1 CRC = 0.007 QAR
1 QAR = 6.357 CZK
1 CZK = 0.157 QAR
1 QAR = 1.969 CNY
1 CNY = 0.508 QAR
1 QAR = 1.875 DKK
1 DKK = 0.533 QAR
1 QAR = 15.568 ETB
1 ETB = 0.064 QAR
1 QAR = 2356.862 GNF
1 GNF = 0.000 QAR
1 QAR = 1.894 HRK
1 HRK = 0.528 QAR
1 QAR = 4262.507 IDR
1 IDR = 0.000 QAR
1 QAR = 42.562 JMD
1 JMD = 0.023 QAR
1 QAR = 24.528 KGS
1 KGS = 0.041 QAR
1 QAR = 0.491 BAM
1 BAM = 2.039 QAR
1 QAR = 0.494 ANG
1 ANG = 2.024 QAR
1 QAR = 3.721 BWP
1 BWP = 0.269 QAR
1 QAR = 0.365 BND
1 BND = 2.740 QAR
1 QAR = 760.927 CDF
1 CDF = 0.001 QAR
1 QAR = 0.553 BZD
1 BZD = 1.809 QAR
1 QAR = 8954.855 BYR
1 BYR = 0.000 QAR
1 QAR = 0.491 BGN
1 BGN = 2.038 QAR
1 QAR = 0.370 CAD
1 CAD = 2.699 QAR
1 QAR = 36.876 DZD
1 DZD = 0.027 QAR
1 QAR = 4.114 ERN
1 ERN = 0.243 QAR
1 QAR = 13.385 EGP
1 EGP = 0.075 QAR
1 QAR = 0.612 FJD
1 FJD = 1.633 QAR
1 QAR = 0.215 GBP
1 GBP = 4.653 QAR
1 QAR = 0.215 FKP
1 FKP = 4.653 QAR
1 QAR = 2.141 GTQ
1 GTQ = 0.467 QAR
1 QAR = 2.146 HKD
1 HKD = 0.466 QAR
1 QAR = 100.181 HUF
1 HUF = 0.010 QAR
1 QAR = 359.205 IQD
1 IQD = 0.003 QAR
1 QAR = 11529.759 IRR
1 IRR = 0.000 QAR
1 QAR = 123.574 KMF
1 KMF = 0.008 QAR
1 QAR = 360.041 KRW
1 KRW = 0.003 QAR
1 QAR = 26.071 ALL
1 ALL = 0.038 QAR
1 QAR = 30.093 BDT
1 BDT = 0.033 QAR
1 QAR = 0.494 AWG
1 AWG = 2.026 QAR
1 QAR = 1.366 BRL
1 BRL = 0.732 QAR
1 QAR = 0.001 BCH
1 BCH = 1559.453 QAR
1 QAR = 0.000 BTC
1 BTC = 260428.571 QAR
1 QAR = 1.007 AED
1 AED = 0.993 QAR
1 QAR = 228.763 AOA
1 AOA = 0.004 QAR
1 QAR = 0.274 BSD
1 BSD = 3.646 QAR
1 QAR = 264.306 CLP
1 CLP = 0.004 QAR
1 QAR = 0.897 BYN
1 BYN = 1.115 QAR
1 QAR = 1073.138 COP
1 COP = 0.001 QAR
1 QAR = 7.063 CUP
1 CUP = 0.142 QAR
1 QAR = 0.000 ETH
1 ETH = 14642.570 QAR
1 QAR = 0.251 EUR
1 EUR = 3.978 QAR
1 QAR = 6.772 HNL
1 HNL = 0.148 QAR
1 QAR = 18.644 GMD
1 GMD = 0.054 QAR
1 QAR = 0.215 GIP
1 GIP = 4.653 QAR
1 QAR = 36.355 HTG
1 HTG = 0.028 QAR
1 QAR = 0.194 JOD
1 JOD = 5.143 QAR
1 QAR = 40.538 JPY
1 JPY = 0.025 QAR
1 QAR = 19.451 AFN
1 AFN = 0.051 QAR
1 QAR = 0.549 BBD
1 BBD = 1.823 QAR
1 QAR = 0.274 BMD
1 BMD = 3.646 QAR
1 QAR = 110.447 AMD
1 AMD = 0.009 QAR
1 QAR = 0.241 CHF
1 CHF = 4.149 QAR
1 QAR = 48.829 DJF
1 DJF = 0.020 QAR
1 QAR = 16.206 DOP
1 DOP = 0.062 QAR
1 QAR = 27.652 CVE
1 CVE = 0.036 QAR
1 QAR = 0.728 GEL
1 GEL = 1.373 QAR
1 QAR = 3.515 GHS
1 GHS = 0.284 QAR
1 QAR = 57.427 GYD
1 GYD = 0.017 QAR
1 QAR = 1.004 ILS
1 ILS = 0.997 QAR
1 QAR = 22.706 INR
1 INR = 0.044 QAR
1 QAR = 37.381 ISK
1 ISK = 0.027 QAR
1 QAR = 1110.491 KHR
1 KHR = 0.001 QAR
1 QAR = 38.124 KES
1 KES = 0.026 QAR
1 QAR = 0.084 KWD
1 KWD = 11.869 QAR
1 QAR = 123.053 KZT
1 KZT = 0.008 QAR
1 QAR = 84.229 LKR
1 LKR = 0.012 QAR
1 QAR = 2.752 MAD
1 MAD = 0.363 QAR
1 QAR = 575.839 MMK
1 MMK = 0.002 QAR
1 QAR = 946.242 MNT
1 MNT = 0.001 QAR
1 QAR = 12.559 MUR
1 MUR = 0.080 QAR
1 QAR = 109.032 MRO
1 MRO = 0.009 QAR
1 QAR = 4.224 MVR
1 MVR = 0.237 QAR
1 QAR = 461.569 MWK
1 MWK = 0.002 QAR
1 QAR = 0.446 NZD
1 NZD = 2.241 QAR
1 QAR = 36.317 NPR
1 NPR = 0.028 QAR
1 QAR = 15.198 PHP
1 PHP = 0.066 QAR
1 QAR = 76.544 PKR
1 PKR = 0.013 QAR
1 QAR = 351.934 RWF
1 RWF = 0.003 QAR
1 QAR = 0.003 LTC
1 LTC = 353.912 QAR
1 QAR = 4.617 MXN
1 MXN = 0.217 QAR
1 QAR = 10.092 NIO
1 NIO = 0.099 QAR
1 QAR = 1.249 RON
1 RON = 0.801 QAR
1 QAR = 246.846 KPW
1 KPW = 0.004 QAR
1 QAR = 0.229 KYD
1 KYD = 4.376 QAR
1 QAR = 24554.827 LBP
1 LBP = 0.000 QAR
1 QAR = 1.318 LYD
1 LYD = 0.759 QAR
1 QAR = 5722.600 LAK
1 LAK = 0.000 QAR
1 QAR = 1234.142 MGA
1 MGA = 0.001 QAR
1 QAR = 52.551 LRD
1 LRD = 0.019 QAR
1 QAR = 15.488 MKD
1 MKD = 0.065 QAR
1 QAR = 5.094 LSL
1 LSL = 0.196 QAR
1 QAR = 2.210 MOP
1 MOP = 0.453 QAR
1 QAR = 4.813 MDL
1 MDL = 0.208 QAR
1 QAR = 5.094 NAD
1 NAD = 0.196 QAR
1 QAR = 1.283 MYR
1 MYR = 0.779 QAR
1 QAR = 0.106 OMR
1 OMR = 9.471 QAR
1 QAR = 432.032 NGN
1 NGN = 0.002 QAR
1 QAR = 1.047 PGK
1 PGK = 0.955 QAR
1 QAR = 0.274 PAB
1 PAB = 3.646 QAR
1 QAR = 1.012 PEN
1 PEN = 0.988 QAR
1 QAR = 2.885 NOK
1 NOK = 0.347 QAR
1 QAR = 1.078 PLN
1 PLN = 0.928 QAR
1 QAR = 1999.035 PYG
1 PYG = 0.001 QAR
1 QAR = 1.000 QAR
1 QAR = 1.000 QAR
1 QAR = 2.314 SBD
1 SBD = 0.432 QAR
1 QAR = 1.029 SAR
1 SAR = 0.972 QAR
1 QAR = 0.366 SGD
1 SGD = 2.735 QAR
1 QAR = 5751.371 SLL
1 SLL = 0.000 QAR
1 QAR = 9.802 THB
1 THB = 0.102 QAR
1 QAR = 8.632 TWD
1 TWD = 0.116 QAR
1 QAR = 10.558 UAH
1 UAH = 0.095 QAR
1 QAR = 1071.607 UGX
1 UGX = 0.001 QAR
1 QAR = 9.699 SRD
1 SRD = 0.103 QAR
1 QAR = 6111.300 STD
1 STD = 0.000 QAR
1 QAR = 8.790 TRY
1 TRY = 0.114 QAR
1 QAR = 1.863 TTD
1 TTD = 0.537 QAR
1 QAR = 0.648 TOP
1 TOP = 1.544 QAR
1 QAR = 3436.835 UZS
1 UZS = 0.000 QAR
1 QAR = 68.651 YER
1 YER = 0.015 QAR
1 QAR = 5.134 ZAR
1 ZAR = 0.195 QAR
1 QAR = 29.465 RSD
1 RSD = 0.034 QAR
1 QAR = 25.048 RUB
1 RUB = 0.040 QAR
1 QAR = 156.717 SOS
1 SOS = 0.006 QAR
1 QAR = 2.399 SVC
1 SVC = 0.417 QAR
1 QAR = 689.120 SYP
1 SYP = 0.001 QAR
1 QAR = 5.092 SZL
1 SZL = 0.196 QAR
1 QAR = 0.849 TND
1 TND = 1.177 QAR
1 QAR = 10.649 UYU
1 UYU = 0.094 QAR
1 QAR = 6761.327 VND
1 VND = 0.000 QAR
1 QAR = 32.562 VUV
1 VUV = 0.031 QAR
1 QAR = 0.768 WST
1 WST = 1.302 QAR
1 QAR = 164.888 XAF
1 XAF = 0.006 QAR
1 QAR = 0.741 XCD
1 XCD = 1.349 QAR
1 QAR = 3.684 SCR
1 SCR = 0.271 QAR
1 QAR = 2.812 SEK
1 SEK = 0.356 QAR
1 QAR = 0.215 SHP
1 SHP = 4.653 QAR
1 QAR = 699.224 TZS
1 TZS = 0.001 QAR
1 QAR = 0.274 USD
1 USD = 3.646 QAR
1 QAR = 29.997 XPF
1 XPF = 0.033 QAR
1 QAR = 164.888 XOF
1 XOF = 0.006 QAR

Evolution of the QAR Exchange Rate

The Qatari Rial (QAR) exchange rate has been relatively stable over the years. Since its introduction in 1973, the QAR has been pegged to the US Dollar (USD) at a fixed rate of 3.64 QAR per USD. This peg has ensured stability and low volatility in the exchange rate, providing economic certainty for Qatar.

Variations in the QAR Exchange Rate

Due to its fixed exchange rate regime, the QAR has experienced minimal variations against the USD. However, there have been instances where small fluctuations have occurred in response to external factors such as changes in oil prices, global economic conditions, or geopolitical events. These variations, although limited, can impact Qatar's export competitiveness and inflation dynamics.

Significance of QAR in the Global Economy

The QAR, as the currency of Qatar, plays a crucial role in the country's economy. Qatar is known for its vast natural gas reserves and is one of the world's leading liquefied natural gas exporters. The stability of the QAR exchange rate, backed by its peg to the USD, ensures confidence and attracts foreign investment in Qatar's energy and non-energy sectors. The QAR's significance extends to regional trade and investments, given Qatar's strong economic ties with neighboring countries in the Gulf Cooperation Council (GCC).

Shocks Experienced by QAR and Correlation with Other Currencies

The QAR, being pegged to the USD, is influenced by the monetary policies and economic conditions of the United States. Major shocks experienced by the QAR often stem from fluctuations in the USD exchange rate caused by changes in US interest rates or economic indicators. Additionally, shifts in global oil prices, as Qatar heavily relies on hydrocarbon exports, can also impact the QAR. The QAR's correlation with other currencies is primarily driven by the movements of the USD, as most major currencies have their exchange rates indirectly influenced by the USD-QAR peg.