Qatari Rial

The Qatari Rial is the currency of Qatar (QA)
1 QAR = 0.437 AUD
1 AUD = 2.287 QAR
1 QAR = 294.253 ARS
1 ARS = 0.003 QAR
1 QAR = 812.187 BIF
1 BIF = 0.001 QAR
1 QAR = 0.103 BHD
1 BHD = 9.681 QAR
1 QAR = 1.902 BOB
1 BOB = 0.526 QAR
1 QAR = 0.467 AZN
1 AZN = 2.141 QAR
1 QAR = 23.573 BTN
1 BTN = 0.042 QAR
1 QAR = 137.168 CRC
1 CRC = 0.007 QAR
1 QAR = 6.371 CZK
1 CZK = 0.157 QAR
1 QAR = 1.996 CNY
1 CNY = 0.501 QAR
1 QAR = 1.909 DKK
1 DKK = 0.524 QAR
1 QAR = 35.728 ETB
1 ETB = 0.028 QAR
1 QAR = 2377.640 GNF
1 GNF = 0.000 QAR
1 QAR = 1.928 HRK
1 HRK = 0.519 QAR
1 QAR = 4570.440 IDR
1 IDR = 0.000 QAR
1 QAR = 43.091 JMD
1 JMD = 0.023 QAR
1 QAR = 23.761 KGS
1 KGS = 0.042 QAR
1 QAR = 0.500 BAM
1 BAM = 1.998 QAR
1 QAR = 0.495 ANG
1 ANG = 2.019 QAR
1 QAR = 3.749 BWP
1 BWP = 0.267 QAR
1 QAR = 0.368 BND
1 BND = 2.714 QAR
1 QAR = 787.497 CDF
1 CDF = 0.001 QAR
1 QAR = 0.553 BZD
1 BZD = 1.809 QAR
1 QAR = 8984.835 BYR
1 BYR = 0.000 QAR
1 QAR = 0.500 BGN
1 BGN = 1.998 QAR
1 QAR = 0.393 CAD
1 CAD = 2.545 QAR
1 QAR = 36.830 DZD
1 DZD = 0.027 QAR
1 QAR = 4.121 ERN
1 ERN = 0.243 QAR
1 QAR = 13.885 EGP
1 EGP = 0.072 QAR
1 QAR = 0.635 FJD
1 FJD = 1.575 QAR
1 QAR = 0.213 GBP
1 GBP = 4.686 QAR
1 QAR = 0.213 FKP
1 FKP = 4.686 QAR
1 QAR = 2.118 GTQ
1 GTQ = 0.472 QAR
1 QAR = 2.136 HKD
1 HKD = 0.468 QAR
1 QAR = 102.459 HUF
1 HUF = 0.010 QAR
1 QAR = 360.475 IQD
1 IQD = 0.003 QAR
1 QAR = 11563.599 IRR
1 IRR = 0.000 QAR
1 QAR = 125.876 KMF
1 KMF = 0.008 QAR
1 QAR = 402.959 KRW
1 KRW = 0.002 QAR
1 QAR = 25.307 ALL
1 ALL = 0.040 QAR
1 QAR = 33.418 BDT
1 BDT = 0.030 QAR
1 QAR = 0.492 AWG
1 AWG = 2.034 QAR
1 QAR = 1.574 BRL
1 BRL = 0.635 QAR
1 QAR = 0.001 BCH
1 BCH = 1214.953 QAR
1 QAR = 0.000 BTC
1 BTC = 303333.333 QAR
1 QAR = 1.009 AED
1 AED = 0.991 QAR
1 QAR = 252.755 AOA
1 AOA = 0.004 QAR
1 QAR = 0.275 BSD
1 BSD = 3.640 QAR
1 QAR = 253.736 CLP
1 CLP = 0.004 QAR
1 QAR = 0.898 BYN
1 BYN = 1.113 QAR
1 QAR = 1134.755 COP
1 COP = 0.001 QAR
1 QAR = 6.595 CUP
1 CUP = 0.152 QAR
1 QAR = 0.000 ETH
1 ETH = 7280.000 QAR
1 QAR = 0.256 EUR
1 EUR = 3.909 QAR
1 QAR = 7.041 HNL
1 HNL = 0.142 QAR
1 QAR = 19.814 GMD
1 GMD = 0.050 QAR
1 QAR = 0.213 GIP
1 GIP = 4.686 QAR
1 QAR = 36.049 HTG
1 HTG = 0.028 QAR
1 QAR = 0.195 JOD
1 JOD = 5.134 QAR
1 QAR = 41.294 JPY
1 JPY = 0.024 QAR
1 QAR = 19.420 AFN
1 AFN = 0.051 QAR
1 QAR = 0.549 BBD
1 BBD = 1.820 QAR
1 QAR = 0.275 BMD
1 BMD = 3.640 QAR
1 QAR = 106.981 AMD
1 AMD = 0.009 QAR
1 QAR = 0.243 CHF
1 CHF = 4.118 QAR
1 QAR = 48.879 DJF
1 DJF = 0.020 QAR
1 QAR = 17.375 DOP
1 DOP = 0.058 QAR
1 QAR = 28.214 CVE
1 CVE = 0.035 QAR
1 QAR = 0.762 GEL
1 GEL = 1.312 QAR
1 QAR = 4.259 GHS
1 GHS = 0.235 QAR
1 QAR = 57.629 GYD
1 GYD = 0.017 QAR
1 QAR = 1.015 ILS
1 ILS = 0.985 QAR
1 QAR = 23.573 INR
1 INR = 0.042 QAR
1 QAR = 36.615 ISK
1 ISK = 0.027 QAR
1 QAR = 1101.626 KHR
1 KHR = 0.001 QAR
1 QAR = 35.549 KES
1 KES = 0.028 QAR
1 QAR = 0.085 KWD
1 KWD = 11.800 QAR
1 QAR = 137.591 KZT
1 KZT = 0.007 QAR
1 QAR = 81.530 LKR
1 LKR = 0.012 QAR
1 QAR = 2.643 MAD
1 MAD = 0.378 QAR
1 QAR = 576.786 MMK
1 MMK = 0.002 QAR
1 QAR = 957.063 MNT
1 MNT = 0.001 QAR
1 QAR = 12.578 MUR
1 MUR = 0.080 QAR
1 QAR = 109.080 MRO
1 MRO = 0.009 QAR
1 QAR = 4.242 MVR
1 MVR = 0.236 QAR
1 QAR = 476.808 MWK
1 MWK = 0.002 QAR
1 QAR = 0.481 NZD
1 NZD = 2.080 QAR
1 QAR = 37.734 NPR
1 NPR = 0.027 QAR
1 QAR = 15.855 PHP
1 PHP = 0.063 QAR
1 QAR = 77.003 PKR
1 PKR = 0.013 QAR
1 QAR = 390.332 RWF
1 RWF = 0.003 QAR
1 QAR = 0.003 LTC
1 LTC = 335.329 QAR
1 QAR = 5.559 MXN
1 MXN = 0.180 QAR
1 QAR = 10.107 NIO
1 NIO = 0.099 QAR
1 QAR = 1.273 RON
1 RON = 0.785 QAR
1 QAR = 247.258 KPW
1 KPW = 0.004 QAR
1 QAR = 0.228 KYD
1 KYD = 4.381 QAR
1 QAR = 24617.088 LBP
1 LBP = 0.000 QAR
1 QAR = 1.324 LYD
1 LYD = 0.755 QAR
1 QAR = 5958.379 LAK
1 LAK = 0.000 QAR
1 QAR = 1289.882 MGA
1 MGA = 0.001 QAR
1 QAR = 54.926 LRD
1 LRD = 0.018 QAR
1 QAR = 15.729 MKD
1 MKD = 0.064 QAR
1 QAR = 5.015 LSL
1 LSL = 0.199 QAR
1 QAR = 2.200 MOP
1 MOP = 0.454 QAR
1 QAR = 4.954 MDL
1 MDL = 0.202 QAR
1 QAR = 5.015 NAD
1 NAD = 0.199 QAR
1 QAR = 1.217 MYR
1 MYR = 0.822 QAR
1 QAR = 0.106 OMR
1 OMR = 9.455 QAR
1 QAR = 421.808 NGN
1 NGN = 0.002 QAR
1 QAR = 1.129 PGK
1 PGK = 0.886 QAR
1 QAR = 0.275 PAB
1 PAB = 3.640 QAR
1 QAR = 1.010 PEN
1 PEN = 0.990 QAR
1 QAR = 2.905 NOK
1 NOK = 0.344 QAR
1 QAR = 1.071 PLN
1 PLN = 0.934 QAR
1 QAR = 2196.574 PYG
1 PYG = 0.000 QAR
1 QAR = 1.000 QAR
1 QAR = 1.000 QAR
1 QAR = 2.300 SBD
1 SBD = 0.435 QAR
1 QAR = 1.030 SAR
1 SAR = 0.971 QAR
1 QAR = 0.368 SGD
1 SGD = 2.714 QAR
1 QAR = 6258.929 SLL
1 SLL = 0.000 QAR
1 QAR = 9.335 THB
1 THB = 0.107 QAR
1 QAR = 9.091 TWD
1 TWD = 0.110 QAR
1 QAR = 11.436 UAH
1 UAH = 0.087 QAR
1 QAR = 1007.371 UGX
1 UGX = 0.001 QAR
1 QAR = 10.037 SRD
1 SRD = 0.100 QAR
1 QAR = 6315.385 STD
1 STD = 0.000 QAR
1 QAR = 10.450 TRY
1 TRY = 0.096 QAR
1 QAR = 1.867 TTD
1 TTD = 0.536 QAR
1 QAR = 0.660 TOP
1 TOP = 1.515 QAR
1 QAR = 3551.923 UZS
1 UZS = 0.000 QAR
1 QAR = 67.698 YER
1 YER = 0.015 QAR
1 QAR = 5.015 ZAR
1 ZAR = 0.199 QAR
1 QAR = 29.992 RSD
1 RSD = 0.033 QAR
1 QAR = 23.102 RUB
1 RUB = 0.043 QAR
1 QAR = 156.918 SOS
1 SOS = 0.006 QAR
1 QAR = 2.404 SVC
1 SVC = 0.416 QAR
1 QAR = 3572.143 SYP
1 SYP = 0.000 QAR
1 QAR = 5.015 SZL
1 SZL = 0.199 QAR
1 QAR = 0.855 TND
1 TND = 1.169 QAR
1 QAR = 11.561 UYU
1 UYU = 0.086 QAR
1 QAR = 7029.121 VND
1 VND = 0.000 QAR
1 QAR = 33.863 VUV
1 VUV = 0.030 QAR
1 QAR = 0.774 WST
1 WST = 1.292 QAR
1 QAR = 167.835 XAF
1 XAF = 0.006 QAR
1 QAR = 0.744 XCD
1 XCD = 1.345 QAR
1 QAR = 3.960 SCR
1 SCR = 0.253 QAR
1 QAR = 2.768 SEK
1 SEK = 0.361 QAR
1 QAR = 0.213 SHP
1 SHP = 4.686 QAR
1 QAR = 726.706 TZS
1 TZS = 0.001 QAR
1 QAR = 0.275 USD
1 USD = 3.640 QAR
1 QAR = 30.533 XPF
1 XPF = 0.033 QAR
1 QAR = 167.835 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.