Qatari Rial

The Qatari Rial is the currency of Qatar (QA)
1 QAR = 0.419 AUD
1 AUD = 2.387 QAR
1 QAR = 230.349 ARS
1 ARS = 0.004 QAR
1 QAR = 785.039 BIF
1 BIF = 0.001 QAR
1 QAR = 0.103 BHD
1 BHD = 9.685 QAR
1 QAR = 1.893 BOB
1 BOB = 0.528 QAR
1 QAR = 0.466 AZN
1 AZN = 2.147 QAR
1 QAR = 22.706 BTN
1 BTN = 0.044 QAR
1 QAR = 140.814 CRC
1 CRC = 0.007 QAR
1 QAR = 6.411 CZK
1 CZK = 0.156 QAR
1 QAR = 1.972 CNY
1 CNY = 0.507 QAR
1 QAR = 1.882 DKK
1 DKK = 0.531 QAR
1 QAR = 15.540 ETB
1 ETB = 0.064 QAR
1 QAR = 2355.117 GNF
1 GNF = 0.000 QAR
1 QAR = 1.903 HRK
1 HRK = 0.526 QAR
1 QAR = 4282.778 IDR
1 IDR = 0.000 QAR
1 QAR = 42.874 JMD
1 JMD = 0.023 QAR
1 QAR = 24.505 KGS
1 KGS = 0.041 QAR
1 QAR = 0.494 BAM
1 BAM = 2.025 QAR
1 QAR = 0.494 ANG
1 ANG = 2.025 QAR
1 QAR = 3.779 BWP
1 BWP = 0.265 QAR
1 QAR = 0.368 BND
1 BND = 2.716 QAR
1 QAR = 756.268 CDF
1 CDF = 0.001 QAR
1 QAR = 0.552 BZD
1 BZD = 1.811 QAR
1 QAR = 8961.447 BYR
1 BYR = 0.000 QAR
1 QAR = 0.494 BGN
1 BGN = 2.025 QAR
1 QAR = 0.370 CAD
1 CAD = 2.700 QAR
1 QAR = 36.827 DZD
1 DZD = 0.027 QAR
1 QAR = 4.110 ERN
1 ERN = 0.243 QAR
1 QAR = 8.478 EGP
1 EGP = 0.118 QAR
1 QAR = 0.619 FJD
1 FJD = 1.615 QAR
1 QAR = 0.216 GBP
1 GBP = 4.629 QAR
1 QAR = 0.216 FKP
1 FKP = 4.629 QAR
1 QAR = 2.141 GTQ
1 GTQ = 0.467 QAR
1 QAR = 2.144 HKD
1 HKD = 0.466 QAR
1 QAR = 98.389 HUF
1 HUF = 0.010 QAR
1 QAR = 358.882 IQD
1 IQD = 0.003 QAR
1 QAR = 11516.646 IRR
1 IRR = 0.000 QAR
1 QAR = 124.510 KMF
1 KMF = 0.008 QAR
1 QAR = 365.127 KRW
1 KRW = 0.003 QAR
1 QAR = 26.224 ALL
1 ALL = 0.038 QAR
1 QAR = 30.067 BDT
1 BDT = 0.033 QAR
1 QAR = 0.494 AWG
1 AWG = 2.025 QAR
1 QAR = 1.364 BRL
1 BRL = 0.733 QAR
1 QAR = 0.001 BCH
1 BCH = 989.829 QAR
1 QAR = 0.000 BTC
1 BTC = 192078.947 QAR
1 QAR = 1.006 AED
1 AED = 0.994 QAR
1 QAR = 227.020 AOA
1 AOA = 0.004 QAR
1 QAR = 0.274 BSD
1 BSD = 3.650 QAR
1 QAR = 270.599 CLP
1 CLP = 0.004 QAR
1 QAR = 0.897 BYN
1 BYN = 1.115 QAR
1 QAR = 1086.535 COP
1 COP = 0.001 QAR
1 QAR = 7.056 CUP
1 CUP = 0.142 QAR
1 QAR = 0.000 ETH
1 ETH = 11512.618 QAR
1 QAR = 0.253 EUR
1 EUR = 3.960 QAR
1 QAR = 6.764 HNL
1 HNL = 0.148 QAR
1 QAR = 18.585 GMD
1 GMD = 0.054 QAR
1 QAR = 0.216 GIP
1 GIP = 4.629 QAR
1 QAR = 36.367 HTG
1 HTG = 0.027 QAR
1 QAR = 0.194 JOD
1 JOD = 5.147 QAR
1 QAR = 41.307 JPY
1 JPY = 0.024 QAR
1 QAR = 19.866 AFN
1 AFN = 0.050 QAR
1 QAR = 0.548 BBD
1 BBD = 1.825 QAR
1 QAR = 0.274 BMD
1 BMD = 3.650 QAR
1 QAR = 111.355 AMD
1 AMD = 0.009 QAR
1 QAR = 0.241 CHF
1 CHF = 4.144 QAR
1 QAR = 48.637 DJF
1 DJF = 0.021 QAR
1 QAR = 16.119 DOP
1 DOP = 0.062 QAR
1 QAR = 27.949 CVE
1 CVE = 0.036 QAR
1 QAR = 0.726 GEL
1 GEL = 1.377 QAR
1 QAR = 3.439 GHS
1 GHS = 0.291 QAR
1 QAR = 57.315 GYD
1 GYD = 0.017 QAR
1 QAR = 0.998 ILS
1 ILS = 1.002 QAR
1 QAR = 22.708 INR
1 INR = 0.044 QAR
1 QAR = 37.802 ISK
1 ISK = 0.026 QAR
1 QAR = 1117.413 KHR
1 KHR = 0.001 QAR
1 QAR = 40.142 KES
1 KES = 0.025 QAR
1 QAR = 0.084 KWD
1 KWD = 11.859 QAR
1 QAR = 122.765 KZT
1 KZT = 0.008 QAR
1 QAR = 85.176 LKR
1 LKR = 0.012 QAR
1 QAR = 2.755 MAD
1 MAD = 0.363 QAR
1 QAR = 575.306 MMK
1 MMK = 0.002 QAR
1 QAR = 945.335 MNT
1 MNT = 0.001 QAR
1 QAR = 12.522 MUR
1 MUR = 0.080 QAR
1 QAR = 109.338 MRO
1 MRO = 0.009 QAR
1 QAR = 4.220 MVR
1 MVR = 0.237 QAR
1 QAR = 461.167 MWK
1 MWK = 0.002 QAR
1 QAR = 0.444 NZD
1 NZD = 2.252 QAR
1 QAR = 36.328 NPR
1 NPR = 0.028 QAR
1 QAR = 15.364 PHP
1 PHP = 0.065 QAR
1 QAR = 76.501 PKR
1 PKR = 0.013 QAR
1 QAR = 355.449 RWF
1 RWF = 0.003 QAR
1 QAR = 0.004 LTC
1 LTC = 260.270 QAR
1 QAR = 4.694 MXN
1 MXN = 0.213 QAR
1 QAR = 10.083 NIO
1 NIO = 0.099 QAR
1 QAR = 1.256 RON
1 RON = 0.796 QAR
1 QAR = 246.609 KPW
1 KPW = 0.004 QAR
1 QAR = 0.228 KYD
1 KYD = 4.380 QAR
1 QAR = 24480.641 LBP
1 LBP = 0.000 QAR
1 QAR = 1.324 LYD
1 LYD = 0.755 QAR
1 QAR = 5717.605 LAK
1 LAK = 0.000 QAR
1 QAR = 1241.787 MGA
1 MGA = 0.001 QAR
1 QAR = 52.240 LRD
1 LRD = 0.019 QAR
1 QAR = 15.561 MKD
1 MKD = 0.064 QAR
1 QAR = 5.285 LSL
1 LSL = 0.189 QAR
1 QAR = 2.207 MOP
1 MOP = 0.453 QAR
1 QAR = 4.877 MDL
1 MDL = 0.205 QAR
1 QAR = 5.285 NAD
1 NAD = 0.189 QAR
1 QAR = 1.309 MYR
1 MYR = 0.764 QAR
1 QAR = 0.105 OMR
1 OMR = 9.481 QAR
1 QAR = 427.897 NGN
1 NGN = 0.002 QAR
1 QAR = 1.030 PGK
1 PGK = 0.971 QAR
1 QAR = 0.274 PAB
1 PAB = 3.650 QAR
1 QAR = 1.041 PEN
1 PEN = 0.961 QAR
1 QAR = 2.882 NOK
1 NOK = 0.347 QAR
1 QAR = 1.088 PLN
1 PLN = 0.919 QAR
1 QAR = 1993.577 PYG
1 PYG = 0.001 QAR
1 QAR = 1.000 QAR
1 QAR = 1.000 QAR
1 QAR = 2.329 SBD
1 SBD = 0.429 QAR
1 QAR = 1.028 SAR
1 SAR = 0.973 QAR
1 QAR = 0.368 SGD
1 SGD = 2.714 QAR
1 QAR = 5745.856 SLL
1 SLL = 0.000 QAR
1 QAR = 9.844 THB
1 THB = 0.102 QAR
1 QAR = 8.649 TWD
1 TWD = 0.116 QAR
1 QAR = 10.521 UAH
1 UAH = 0.095 QAR
1 QAR = 1082.502 UGX
1 UGX = 0.001 QAR
1 QAR = 9.681 SRD
1 SRD = 0.103 QAR
1 QAR = 6105.439 STD
1 STD = 0.000 QAR
1 QAR = 8.529 TRY
1 TRY = 0.117 QAR
1 QAR = 1.862 TTD
1 TTD = 0.537 QAR
1 QAR = 0.644 TOP
1 TOP = 1.554 QAR
1 QAR = 3421.729 UZS
1 UZS = 0.000 QAR
1 QAR = 68.598 YER
1 YER = 0.015 QAR
1 QAR = 5.294 ZAR
1 ZAR = 0.189 QAR
1 QAR = 29.596 RSD
1 RSD = 0.034 QAR
1 QAR = 25.301 RUB
1 RUB = 0.040 QAR
1 QAR = 156.567 SOS
1 SOS = 0.006 QAR
1 QAR = 2.397 SVC
1 SVC = 0.417 QAR
1 QAR = 688.459 SYP
1 SYP = 0.001 QAR
1 QAR = 5.283 SZL
1 SZL = 0.189 QAR
1 QAR = 0.854 TND
1 TND = 1.171 QAR
1 QAR = 10.709 UYU
1 UYU = 0.093 QAR
1 QAR = 6759.830 VND
1 VND = 0.000 QAR
1 QAR = 32.530 VUV
1 VUV = 0.031 QAR
1 QAR = 0.767 WST
1 WST = 1.303 QAR
1 QAR = 165.645 XAF
1 XAF = 0.006 QAR
1 QAR = 0.741 XCD
1 XCD = 1.350 QAR
1 QAR = 3.722 SCR
1 SCR = 0.269 QAR
1 QAR = 2.820 SEK
1 SEK = 0.355 QAR
1 QAR = 0.216 SHP
1 SHP = 4.629 QAR
1 QAR = 698.611 TZS
1 TZS = 0.001 QAR
1 QAR = 0.274 USD
1 USD = 3.650 QAR
1 QAR = 30.133 XPF
1 XPF = 0.033 QAR
1 QAR = 165.645 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.