Qatari Rial

The Qatari Rial is the currency of Qatar (QA)
1 QAR = 0.423 AUD
1 AUD = 2.365 QAR
1 QAR = 366.832 ARS
1 ARS = 0.003 QAR
1 QAR = 819.453 BIF
1 BIF = 0.001 QAR
1 QAR = 0.103 BHD
1 BHD = 9.681 QAR
1 QAR = 1.901 BOB
1 BOB = 0.526 QAR
1 QAR = 0.467 AZN
1 AZN = 2.141 QAR
1 QAR = 24.048 BTN
1 BTN = 0.042 QAR
1 QAR = 138.297 CRC
1 CRC = 0.007 QAR
1 QAR = 5.761 CZK
1 CZK = 0.174 QAR
1 QAR = 1.965 CNY
1 CNY = 0.509 QAR
1 QAR = 1.753 DKK
1 DKK = 0.571 QAR
1 QAR = 38.623 ETB
1 ETB = 0.026 QAR
1 QAR = 2382.272 GNF
1 GNF = 0.000 QAR
1 QAR = 1.929 HRK
1 HRK = 0.518 QAR
1 QAR = 4464.231 IDR
1 IDR = 0.000 QAR
1 QAR = 43.966 JMD
1 JMD = 0.023 QAR
1 QAR = 24.025 KGS
1 KGS = 0.042 QAR
1 QAR = 0.459 BAM
1 BAM = 2.178 QAR
1 QAR = 0.495 ANG
1 ANG = 2.021 QAR
1 QAR = 3.703 BWP
1 BWP = 0.270 QAR
1 QAR = 0.352 BND
1 BND = 2.837 QAR
1 QAR = 797.390 CDF
1 CDF = 0.001 QAR
1 QAR = 0.551 BZD
1 BZD = 1.815 QAR
1 QAR = 9285.302 BYR
1 BYR = 0.000 QAR
1 QAR = 0.459 BGN
1 BGN = 2.178 QAR
1 QAR = 0.380 CAD
1 CAD = 2.633 QAR
1 QAR = 35.632 DZD
1 DZD = 0.028 QAR
1 QAR = 4.121 ERN
1 ERN = 0.243 QAR
1 QAR = 13.329 EGP
1 EGP = 0.075 QAR
1 QAR = 0.621 FJD
1 FJD = 1.610 QAR
1 QAR = 0.203 GBP
1 GBP = 4.917 QAR
1 QAR = 0.203 FKP
1 FKP = 4.917 QAR
1 QAR = 2.106 GTQ
1 GTQ = 0.475 QAR
1 QAR = 2.146 HKD
1 HKD = 0.466 QAR
1 QAR = 93.284 HUF
1 HUF = 0.011 QAR
1 QAR = 359.945 IQD
1 IQD = 0.003 QAR
1 QAR = 11554.753 IRR
1 IRR = 0.000 QAR
1 QAR = 115.511 KMF
1 KMF = 0.009 QAR
1 QAR = 381.536 KRW
1 KRW = 0.003 QAR
1 QAR = 22.845 ALL
1 ALL = 0.044 QAR
1 QAR = 33.436 BDT
1 BDT = 0.030 QAR
1 QAR = 0.492 AWG
1 AWG = 2.034 QAR
1 QAR = 1.490 BRL
1 BRL = 0.671 QAR
1 QAR = 0.000 BCH
1 BCH = 2062.323 QAR
1 QAR = 0.000 BTC
1 BTC = 404444.444 QAR
1 QAR = 1.009 AED
1 AED = 0.991 QAR
1 QAR = 252.369 AOA
1 AOA = 0.004 QAR
1 QAR = 0.275 BSD
1 BSD = 3.640 QAR
1 QAR = 264.034 CLP
1 CLP = 0.004 QAR
1 QAR = 0.930 BYN
1 BYN = 1.075 QAR
1 QAR = 1099.503 COP
1 COP = 0.001 QAR
1 QAR = 6.588 CUP
1 CUP = 0.152 QAR
1 QAR = 0.000 ETH
1 ETH = 16851.852 QAR
1 QAR = 0.235 EUR
1 EUR = 4.259 QAR
1 QAR = 7.194 HNL
1 HNL = 0.139 QAR
1 QAR = 19.978 GMD
1 GMD = 0.050 QAR
1 QAR = 0.203 GIP
1 GIP = 4.917 QAR
1 QAR = 35.926 HTG
1 HTG = 0.028 QAR
1 QAR = 0.195 JOD
1 JOD = 5.134 QAR
1 QAR = 40.483 JPY
1 JPY = 0.025 QAR
1 QAR = 18.795 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 = 105.171 AMD
1 AMD = 0.010 QAR
1 QAR = 0.220 CHF
1 CHF = 4.536 QAR
1 QAR = 48.738 DJF
1 DJF = 0.021 QAR
1 QAR = 17.082 DOP
1 DOP = 0.059 QAR
1 QAR = 25.891 CVE
1 CVE = 0.039 QAR
1 QAR = 0.740 GEL
1 GEL = 1.351 QAR
1 QAR = 3.030 GHS
1 GHS = 0.330 QAR
1 QAR = 57.446 GYD
1 GYD = 0.017 QAR
1 QAR = 0.927 ILS
1 ILS = 1.079 QAR
1 QAR = 24.048 INR
1 INR = 0.042 QAR
1 QAR = 33.670 ISK
1 ISK = 0.030 QAR
1 QAR = 1092.703 KHR
1 KHR = 0.001 QAR
1 QAR = 35.477 KES
1 KES = 0.028 QAR
1 QAR = 0.084 KWD
1 KWD = 11.919 QAR
1 QAR = 147.054 KZT
1 KZT = 0.007 QAR
1 QAR = 82.922 LKR
1 LKR = 0.012 QAR
1 QAR = 2.473 MAD
1 MAD = 0.404 QAR
1 QAR = 576.755 MMK
1 MMK = 0.002 QAR
1 QAR = 988.184 MNT
1 MNT = 0.001 QAR
1 QAR = 12.579 MUR
1 MUR = 0.079 QAR
1 QAR = 109.365 MRO
1 MRO = 0.009 QAR
1 QAR = 4.242 MVR
1 MVR = 0.236 QAR
1 QAR = 476.159 MWK
1 MWK = 0.002 QAR
1 QAR = 0.468 NZD
1 NZD = 2.137 QAR
1 QAR = 38.495 NPR
1 NPR = 0.026 QAR
1 QAR = 15.562 PHP
1 PHP = 0.064 QAR
1 QAR = 77.807 PKR
1 PKR = 0.013 QAR
1 QAR = 396.360 RWF
1 RWF = 0.003 QAR
1 QAR = 0.002 LTC
1 LTC = 405.707 QAR
1 QAR = 5.107 MXN
1 MXN = 0.196 QAR
1 QAR = 10.107 NIO
1 NIO = 0.099 QAR
1 QAR = 1.187 RON
1 RON = 0.843 QAR
1 QAR = 247.266 KPW
1 KPW = 0.004 QAR
1 QAR = 0.228 KYD
1 KYD = 4.378 QAR
1 QAR = 24687.088 LBP
1 LBP = 0.000 QAR
1 QAR = 1.490 LYD
1 LYD = 0.671 QAR
1 QAR = 5905.879 LAK
1 LAK = 0.000 QAR
1 QAR = 1205.937 MGA
1 MGA = 0.001 QAR
1 QAR = 54.923 LRD
1 LRD = 0.018 QAR
1 QAR = 14.446 MKD
1 MKD = 0.069 QAR
1 QAR = 4.825 LSL
1 LSL = 0.207 QAR
1 QAR = 2.210 MOP
1 MOP = 0.452 QAR
1 QAR = 4.589 MDL
1 MDL = 0.218 QAR
1 QAR = 4.825 NAD
1 NAD = 0.207 QAR
1 QAR = 1.156 MYR
1 MYR = 0.865 QAR
1 QAR = 0.106 OMR
1 OMR = 9.462 QAR
1 QAR = 420.220 NGN
1 NGN = 0.002 QAR
1 QAR = 1.161 PGK
1 PGK = 0.861 QAR
1 QAR = 0.275 PAB
1 PAB = 3.640 QAR
1 QAR = 0.963 PEN
1 PEN = 1.038 QAR
1 QAR = 2.769 NOK
1 NOK = 0.361 QAR
1 QAR = 1.001 PLN
1 PLN = 0.999 QAR
1 QAR = 1989.000 PYG
1 PYG = 0.001 QAR
1 QAR = 1.000 QAR
1 QAR = 1.000 QAR
1 QAR = 2.335 SBD
1 SBD = 0.428 QAR
1 QAR = 1.030 SAR
1 SAR = 0.971 QAR
1 QAR = 0.352 SGD
1 SGD = 2.837 QAR
1 QAR = 6235.824 SLL
1 SLL = 0.000 QAR
1 QAR = 8.910 THB
1 THB = 0.112 QAR
1 QAR = 8.374 TWD
1 TWD = 0.119 QAR
1 QAR = 11.380 UAH
1 UAH = 0.088 QAR
1 QAR = 978.481 UGX
1 UGX = 0.001 QAR
1 QAR = 10.389 SRD
1 SRD = 0.096 QAR
1 QAR = 5800.522 STD
1 STD = 0.000 QAR
1 QAR = 11.260 TRY
1 TRY = 0.089 QAR
1 QAR = 1.861 TTD
1 TTD = 0.537 QAR
1 QAR = 0.660 TOP
1 TOP = 1.514 QAR
1 QAR = 3392.418 UZS
1 UZS = 0.000 QAR
1 QAR = 65.988 YER
1 YER = 0.015 QAR
1 QAR = 4.825 ZAR
1 ZAR = 0.207 QAR
1 QAR = 27.508 RSD
1 RSD = 0.036 QAR
1 QAR = 22.216 RUB
1 RUB = 0.045 QAR
1 QAR = 155.987 SOS
1 SOS = 0.006 QAR
1 QAR = 2.404 SVC
1 SVC = 0.416 QAR
1 QAR = 3571.951 SYP
1 SYP = 0.000 QAR
1 QAR = 4.825 SZL
1 SZL = 0.207 QAR
1 QAR = 0.789 TND
1 TND = 1.267 QAR
1 QAR = 11.003 UYU
1 UYU = 0.091 QAR
1 QAR = 7227.198 VND
1 VND = 0.000 QAR
1 QAR = 32.762 VUV
1 VUV = 0.031 QAR
1 QAR = 0.735 WST
1 WST = 1.360 QAR
1 QAR = 154.015 XAF
1 XAF = 0.006 QAR
1 QAR = 0.744 XCD
1 XCD = 1.345 QAR
1 QAR = 3.988 SCR
1 SCR = 0.251 QAR
1 QAR = 2.615 SEK
1 SEK = 0.382 QAR
1 QAR = 0.203 SHP
1 SHP = 4.917 QAR
1 QAR = 682.706 TZS
1 TZS = 0.001 QAR
1 QAR = 0.275 USD
1 USD = 3.640 QAR
1 QAR = 28.018 XPF
1 XPF = 0.036 QAR
1 QAR = 154.015 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.