Qatari Rial

The Qatari Rial is the currency of Qatar (QA)
1 QAR = 0.424 AUD
1 AUD = 2.356 QAR
1 QAR = 372.239 ARS
1 ARS = 0.003 QAR
1 QAR = 815.687 BIF
1 BIF = 0.001 QAR
1 QAR = 0.103 BHD
1 BHD = 9.681 QAR
1 QAR = 1.897 BOB
1 BOB = 0.527 QAR
1 QAR = 0.467 AZN
1 AZN = 2.141 QAR
1 QAR = 23.977 BTN
1 BTN = 0.042 QAR
1 QAR = 138.343 CRC
1 CRC = 0.007 QAR
1 QAR = 5.844 CZK
1 CZK = 0.171 QAR
1 QAR = 1.980 CNY
1 CNY = 0.505 QAR
1 QAR = 1.774 DKK
1 DKK = 0.564 QAR
1 QAR = 37.967 ETB
1 ETB = 0.026 QAR
1 QAR = 2385.618 GNF
1 GNF = 0.000 QAR
1 QAR = 1.791 HRK
1 HRK = 0.558 QAR
1 QAR = 4510.082 IDR
1 IDR = 0.000 QAR
1 QAR = 44.027 JMD
1 JMD = 0.023 QAR
1 QAR = 24.030 KGS
1 KGS = 0.042 QAR
1 QAR = 0.465 BAM
1 BAM = 2.150 QAR
1 QAR = 0.495 ANG
1 ANG = 2.021 QAR
1 QAR = 3.839 BWP
1 BWP = 0.261 QAR
1 QAR = 0.354 BND
1 BND = 2.824 QAR
1 QAR = 799.588 CDF
1 CDF = 0.001 QAR
1 QAR = 0.551 BZD
1 BZD = 1.816 QAR
1 QAR = 8953.681 BYR
1 BYR = 0.000 QAR
1 QAR = 0.465 BGN
1 BGN = 2.150 QAR
1 QAR = 0.379 CAD
1 CAD = 2.639 QAR
1 QAR = 35.799 DZD
1 DZD = 0.028 QAR
1 QAR = 4.121 ERN
1 ERN = 0.243 QAR
1 QAR = 13.366 EGP
1 EGP = 0.075 QAR
1 QAR = 0.622 FJD
1 FJD = 1.608 QAR
1 QAR = 0.207 GBP
1 GBP = 4.825 QAR
1 QAR = 0.207 FKP
1 FKP = 4.825 QAR
1 QAR = 2.108 GTQ
1 GTQ = 0.474 QAR
1 QAR = 2.157 HKD
1 HKD = 0.464 QAR
1 QAR = 94.687 HUF
1 HUF = 0.011 QAR
1 QAR = 359.607 IQD
1 IQD = 0.003 QAR
1 QAR = 11569.368 IRR
1 IRR = 0.000 QAR
1 QAR = 116.975 KMF
1 KMF = 0.009 QAR
1 QAR = 380.374 KRW
1 KRW = 0.003 QAR
1 QAR = 23.099 ALL
1 ALL = 0.043 QAR
1 QAR = 33.349 BDT
1 BDT = 0.030 QAR
1 QAR = 0.492 AWG
1 AWG = 2.034 QAR
1 QAR = 1.522 BRL
1 BRL = 0.657 QAR
1 QAR = 0.000 BCH
1 BCH = 2004.405 QAR
1 QAR = 0.000 BTC
1 BTC = 404444.444 QAR
1 QAR = 1.009 AED
1 AED = 0.991 QAR
1 QAR = 252.357 AOA
1 AOA = 0.004 QAR
1 QAR = 0.275 BSD
1 BSD = 3.640 QAR
1 QAR = 265.723 CLP
1 CLP = 0.004 QAR
1 QAR = 0.895 BYN
1 BYN = 1.117 QAR
1 QAR = 1132.835 COP
1 COP = 0.001 QAR
1 QAR = 6.585 CUP
1 CUP = 0.152 QAR
1 QAR = 0.000 ETH
1 ETH = 12907.801 QAR
1 QAR = 0.238 EUR
1 EUR = 4.206 QAR
1 QAR = 7.218 HNL
1 HNL = 0.139 QAR
1 QAR = 19.927 GMD
1 GMD = 0.050 QAR
1 QAR = 0.207 GIP
1 GIP = 4.825 QAR
1 QAR = 35.992 HTG
1 HTG = 0.028 QAR
1 QAR = 0.195 JOD
1 JOD = 5.134 QAR
1 QAR = 40.607 JPY
1 JPY = 0.025 QAR
1 QAR = 18.882 AFN
1 AFN = 0.053 QAR
1 QAR = 0.549 BBD
1 BBD = 1.820 QAR
1 QAR = 0.275 BMD
1 BMD = 3.640 QAR
1 QAR = 104.838 AMD
1 AMD = 0.010 QAR
1 QAR = 0.222 CHF
1 CHF = 4.512 QAR
1 QAR = 48.860 DJF
1 DJF = 0.020 QAR
1 QAR = 16.663 DOP
1 DOP = 0.060 QAR
1 QAR = 26.219 CVE
1 CVE = 0.038 QAR
1 QAR = 0.743 GEL
1 GEL = 1.347 QAR
1 QAR = 2.876 GHS
1 GHS = 0.348 QAR
1 QAR = 56.755 GYD
1 GYD = 0.018 QAR
1 QAR = 0.937 ILS
1 ILS = 1.067 QAR
1 QAR = 23.977 INR
1 INR = 0.042 QAR
1 QAR = 33.805 ISK
1 ISK = 0.030 QAR
1 QAR = 1102.929 KHR
1 KHR = 0.001 QAR
1 QAR = 35.365 KES
1 KES = 0.028 QAR
1 QAR = 0.084 KWD
1 KWD = 11.910 QAR
1 QAR = 148.338 KZT
1 KZT = 0.007 QAR
1 QAR = 82.750 LKR
1 LKR = 0.012 QAR
1 QAR = 2.494 MAD
1 MAD = 0.401 QAR
1 QAR = 576.657 MMK
1 MMK = 0.002 QAR
1 QAR = 986.860 MNT
1 MNT = 0.001 QAR
1 QAR = 12.851 MUR
1 MUR = 0.078 QAR
1 QAR = 109.478 MRO
1 MRO = 0.009 QAR
1 QAR = 4.242 MVR
1 MVR = 0.236 QAR
1 QAR = 473.203 MWK
1 MWK = 0.002 QAR
1 QAR = 0.465 NZD
1 NZD = 2.150 QAR
1 QAR = 38.382 NPR
1 NPR = 0.026 QAR
1 QAR = 15.841 PHP
1 PHP = 0.063 QAR
1 QAR = 77.632 PKR
1 PKR = 0.013 QAR
1 QAR = 395.505 RWF
1 RWF = 0.003 QAR
1 QAR = 0.002 LTC
1 LTC = 404.175 QAR
1 QAR = 5.184 MXN
1 MXN = 0.193 QAR
1 QAR = 10.089 NIO
1 NIO = 0.099 QAR
1 QAR = 1.206 RON
1 RON = 0.829 QAR
1 QAR = 247.242 KPW
1 KPW = 0.004 QAR
1 QAR = 0.227 KYD
1 KYD = 4.397 QAR
1 QAR = 24647.830 LBP
1 LBP = 0.000 QAR
1 QAR = 1.497 LYD
1 LYD = 0.668 QAR
1 QAR = 5911.236 LAK
1 LAK = 0.000 QAR
1 QAR = 1222.245 MGA
1 MGA = 0.001 QAR
1 QAR = 55.129 LRD
1 LRD = 0.018 QAR
1 QAR = 14.623 MKD
1 MKD = 0.068 QAR
1 QAR = 4.960 LSL
1 LSL = 0.202 QAR
1 QAR = 2.221 MOP
1 MOP = 0.450 QAR
1 QAR = 4.668 MDL
1 MDL = 0.214 QAR
1 QAR = 4.960 NAD
1 NAD = 0.202 QAR
1 QAR = 1.166 MYR
1 MYR = 0.857 QAR
1 QAR = 0.106 OMR
1 OMR = 9.465 QAR
1 QAR = 417.286 NGN
1 NGN = 0.002 QAR
1 QAR = 1.141 PGK
1 PGK = 0.877 QAR
1 QAR = 0.275 PAB
1 PAB = 3.640 QAR
1 QAR = 0.979 PEN
1 PEN = 1.021 QAR
1 QAR = 2.822 NOK
1 NOK = 0.354 QAR
1 QAR = 1.015 PLN
1 PLN = 0.985 QAR
1 QAR = 2126.747 PYG
1 PYG = 0.000 QAR
1 QAR = 1.000 QAR
1 QAR = 1.000 QAR
1 QAR = 2.307 SBD
1 SBD = 0.434 QAR
1 QAR = 1.030 SAR
1 SAR = 0.971 QAR
1 QAR = 0.354 SGD
1 SGD = 2.824 QAR
1 QAR = 6230.742 SLL
1 SLL = 0.000 QAR
1 QAR = 8.947 THB
1 THB = 0.112 QAR
1 QAR = 8.190 TWD
1 TWD = 0.122 QAR
1 QAR = 11.455 UAH
1 UAH = 0.087 QAR
1 QAR = 983.761 UGX
1 UGX = 0.001 QAR
1 QAR = 10.136 SRD
1 SRD = 0.099 QAR
1 QAR = 5894.918 STD
1 STD = 0.000 QAR
1 QAR = 11.176 TRY
1 TRY = 0.089 QAR
1 QAR = 1.862 TTD
1 TTD = 0.537 QAR
1 QAR = 0.657 TOP
1 TOP = 1.521 QAR
1 QAR = 3505.852 UZS
1 UZS = 0.000 QAR
1 QAR = 66.096 YER
1 YER = 0.015 QAR
1 QAR = 4.960 ZAR
1 ZAR = 0.202 QAR
1 QAR = 27.835 RSD
1 RSD = 0.036 QAR
1 QAR = 21.908 RUB
1 RUB = 0.046 QAR
1 QAR = 156.989 SOS
1 SOS = 0.006 QAR
1 QAR = 2.404 SVC
1 SVC = 0.416 QAR
1 QAR = 3571.923 SYP
1 SYP = 0.000 QAR
1 QAR = 4.960 SZL
1 SZL = 0.202 QAR
1 QAR = 0.797 TND
1 TND = 1.255 QAR
1 QAR = 10.899 UYU
1 UYU = 0.092 QAR
1 QAR = 7193.929 VND
1 VND = 0.000 QAR
1 QAR = 33.058 VUV
1 VUV = 0.030 QAR
1 QAR = 0.761 WST
1 WST = 1.314 QAR
1 QAR = 155.967 XAF
1 XAF = 0.006 QAR
1 QAR = 0.743 XCD
1 XCD = 1.345 QAR
1 QAR = 4.001 SCR
1 SCR = 0.250 QAR
1 QAR = 2.659 SEK
1 SEK = 0.376 QAR
1 QAR = 0.207 SHP
1 SHP = 4.825 QAR
1 QAR = 704.500 TZS
1 TZS = 0.001 QAR
1 QAR = 0.275 USD
1 USD = 3.640 QAR
1 QAR = 28.374 XPF
1 XPF = 0.035 QAR
1 QAR = 155.967 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.