Qatari Rial

The Qatari Rial is the currency of Qatar (QA)
1 QAR = 0.424 AUD
1 AUD = 2.360 QAR
1 QAR = 372.335 ARS
1 ARS = 0.003 QAR
1 QAR = 817.308 BIF
1 BIF = 0.001 QAR
1 QAR = 0.103 BHD
1 BHD = 9.681 QAR
1 QAR = 1.890 BOB
1 BOB = 0.529 QAR
1 QAR = 0.467 AZN
1 AZN = 2.141 QAR
1 QAR = 23.956 BTN
1 BTN = 0.042 QAR
1 QAR = 138.253 CRC
1 CRC = 0.007 QAR
1 QAR = 5.833 CZK
1 CZK = 0.171 QAR
1 QAR = 1.972 CNY
1 CNY = 0.507 QAR
1 QAR = 1.771 DKK
1 DKK = 0.565 QAR
1 QAR = 37.788 ETB
1 ETB = 0.026 QAR
1 QAR = 2382.093 GNF
1 GNF = 0.000 QAR
1 QAR = 1.788 HRK
1 HRK = 0.559 QAR
1 QAR = 4501.703 IDR
1 IDR = 0.000 QAR
1 QAR = 43.857 JMD
1 JMD = 0.023 QAR
1 QAR = 24.031 KGS
1 KGS = 0.042 QAR
1 QAR = 0.464 BAM
1 BAM = 2.154 QAR
1 QAR = 0.493 ANG
1 ANG = 2.030 QAR
1 QAR = 3.866 BWP
1 BWP = 0.259 QAR
1 QAR = 0.354 BND
1 BND = 2.827 QAR
1 QAR = 799.588 CDF
1 CDF = 0.001 QAR
1 QAR = 0.549 BZD
1 BZD = 1.822 QAR
1 QAR = 9010.714 BYR
1 BYR = 0.000 QAR
1 QAR = 0.464 BGN
1 BGN = 2.154 QAR
1 QAR = 0.378 CAD
1 CAD = 2.643 QAR
1 QAR = 35.973 DZD
1 DZD = 0.028 QAR
1 QAR = 4.121 ERN
1 ERN = 0.243 QAR
1 QAR = 13.369 EGP
1 EGP = 0.075 QAR
1 QAR = 0.621 FJD
1 FJD = 1.610 QAR
1 QAR = 0.207 GBP
1 GBP = 4.834 QAR
1 QAR = 0.207 FKP
1 FKP = 4.834 QAR
1 QAR = 2.108 GTQ
1 GTQ = 0.474 QAR
1 QAR = 2.157 HKD
1 HKD = 0.464 QAR
1 QAR = 94.544 HUF
1 HUF = 0.011 QAR
1 QAR = 355.176 IQD
1 IQD = 0.003 QAR
1 QAR = 11581.841 IRR
1 IRR = 0.000 QAR
1 QAR = 116.761 KMF
1 KMF = 0.009 QAR
1 QAR = 380.181 KRW
1 KRW = 0.003 QAR
1 QAR = 23.109 ALL
1 ALL = 0.043 QAR
1 QAR = 33.288 BDT
1 BDT = 0.030 QAR
1 QAR = 0.492 AWG
1 AWG = 2.034 QAR
1 QAR = 1.529 BRL
1 BRL = 0.654 QAR
1 QAR = 0.000 BCH
1 BCH = 2011.050 QAR
1 QAR = 0.000 BTC
1 BTC = 404444.444 QAR
1 QAR = 1.009 AED
1 AED = 0.991 QAR
1 QAR = 251.459 AOA
1 AOA = 0.004 QAR
1 QAR = 0.275 BSD
1 BSD = 3.640 QAR
1 QAR = 265.014 CLP
1 CLP = 0.004 QAR
1 QAR = 0.901 BYN
1 BYN = 1.110 QAR
1 QAR = 1133.302 COP
1 COP = 0.001 QAR
1 QAR = 6.566 CUP
1 CUP = 0.152 QAR
1 QAR = 0.000 ETH
1 ETH = 13093.525 QAR
1 QAR = 0.237 EUR
1 EUR = 4.213 QAR
1 QAR = 7.206 HNL
1 HNL = 0.139 QAR
1 QAR = 19.963 GMD
1 GMD = 0.050 QAR
1 QAR = 0.207 GIP
1 GIP = 4.834 QAR
1 QAR = 35.799 HTG
1 HTG = 0.028 QAR
1 QAR = 0.195 JOD
1 JOD = 5.134 QAR
1 QAR = 40.599 JPY
1 JPY = 0.025 QAR
1 QAR = 18.652 AFN
1 AFN = 0.054 QAR
1 QAR = 0.549 BBD
1 BBD = 1.820 QAR
1 QAR = 0.275 BMD
1 BMD = 3.640 QAR
1 QAR = 103.574 AMD
1 AMD = 0.010 QAR
1 QAR = 0.221 CHF
1 CHF = 4.519 QAR
1 QAR = 48.887 DJF
1 DJF = 0.020 QAR
1 QAR = 16.616 DOP
1 DOP = 0.060 QAR
1 QAR = 26.171 CVE
1 CVE = 0.038 QAR
1 QAR = 0.743 GEL
1 GEL = 1.347 QAR
1 QAR = 2.862 GHS
1 GHS = 0.349 QAR
1 QAR = 56.755 GYD
1 GYD = 0.018 QAR
1 QAR = 0.936 ILS
1 ILS = 1.068 QAR
1 QAR = 23.956 INR
1 INR = 0.042 QAR
1 QAR = 33.805 ISK
1 ISK = 0.030 QAR
1 QAR = 1096.813 KHR
1 KHR = 0.001 QAR
1 QAR = 35.426 KES
1 KES = 0.028 QAR
1 QAR = 0.084 KWD
1 KWD = 11.909 QAR
1 QAR = 149.349 KZT
1 KZT = 0.007 QAR
1 QAR = 82.360 LKR
1 LKR = 0.012 QAR
1 QAR = 2.494 MAD
1 MAD = 0.401 QAR
1 QAR = 576.665 MMK
1 MMK = 0.002 QAR
1 QAR = 986.714 MNT
1 MNT = 0.001 QAR
1 QAR = 12.714 MUR
1 MUR = 0.079 QAR
1 QAR = 109.473 MRO
1 MRO = 0.009 QAR
1 QAR = 4.240 MVR
1 MVR = 0.236 QAR
1 QAR = 472.104 MWK
1 MWK = 0.002 QAR
1 QAR = 0.465 NZD
1 NZD = 2.153 QAR
1 QAR = 38.346 NPR
1 NPR = 0.026 QAR
1 QAR = 15.795 PHP
1 PHP = 0.063 QAR
1 QAR = 77.750 PKR
1 PKR = 0.013 QAR
1 QAR = 394.107 RWF
1 RWF = 0.003 QAR
1 QAR = 0.002 LTC
1 LTC = 402.655 QAR
1 QAR = 5.178 MXN
1 MXN = 0.193 QAR
1 QAR = 10.078 NIO
1 NIO = 0.099 QAR
1 QAR = 1.204 RON
1 RON = 0.830 QAR
1 QAR = 247.264 KPW
1 KPW = 0.004 QAR
1 QAR = 0.228 KYD
1 KYD = 4.388 QAR
1 QAR = 24555.632 LBP
1 LBP = 0.000 QAR
1 QAR = 1.491 LYD
1 LYD = 0.671 QAR
1 QAR = 5902.335 LAK
1 LAK = 0.000 QAR
1 QAR = 1224.720 MGA
1 MGA = 0.001 QAR
1 QAR = 55.137 LRD
1 LRD = 0.018 QAR
1 QAR = 14.610 MKD
1 MKD = 0.068 QAR
1 QAR = 4.954 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 = 4.954 NAD
1 NAD = 0.202 QAR
1 QAR = 1.164 MYR
1 MYR = 0.859 QAR
1 QAR = 0.106 OMR
1 OMR = 9.460 QAR
1 QAR = 417.261 NGN
1 NGN = 0.002 QAR
1 QAR = 1.146 PGK
1 PGK = 0.872 QAR
1 QAR = 0.275 PAB
1 PAB = 3.640 QAR
1 QAR = 0.979 PEN
1 PEN = 1.021 QAR
1 QAR = 2.815 NOK
1 NOK = 0.355 QAR
1 QAR = 1.014 PLN
1 PLN = 0.986 QAR
1 QAR = 2133.025 PYG
1 PYG = 0.000 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 = 0.354 SGD
1 SGD = 2.827 QAR
1 QAR = 6230.742 SLL
1 SLL = 0.000 QAR
1 QAR = 8.935 THB
1 THB = 0.112 QAR
1 QAR = 8.199 TWD
1 TWD = 0.122 QAR
1 QAR = 11.443 UAH
1 UAH = 0.087 QAR
1 QAR = 981.165 UGX
1 UGX = 0.001 QAR
1 QAR = 10.136 SRD
1 SRD = 0.099 QAR
1 QAR = 5887.582 STD
1 STD = 0.000 QAR
1 QAR = 11.175 TRY
1 TRY = 0.089 QAR
1 QAR = 1.859 TTD
1 TTD = 0.538 QAR
1 QAR = 0.662 TOP
1 TOP = 1.511 QAR
1 QAR = 3479.093 UZS
1 UZS = 0.000 QAR
1 QAR = 66.096 YER
1 YER = 0.015 QAR
1 QAR = 4.954 ZAR
1 ZAR = 0.202 QAR
1 QAR = 27.802 RSD
1 RSD = 0.036 QAR
1 QAR = 21.918 RUB
1 RUB = 0.046 QAR
1 QAR = 156.986 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 = 4.954 SZL
1 SZL = 0.202 QAR
1 QAR = 0.800 TND
1 TND = 1.249 QAR
1 QAR = 10.898 UYU
1 UYU = 0.092 QAR
1 QAR = 7196.346 VND
1 VND = 0.000 QAR
1 QAR = 32.805 VUV
1 VUV = 0.030 QAR
1 QAR = 0.762 WST
1 WST = 1.313 QAR
1 QAR = 155.681 XAF
1 XAF = 0.006 QAR
1 QAR = 0.744 XCD
1 XCD = 1.345 QAR
1 QAR = 4.011 SCR
1 SCR = 0.249 QAR
1 QAR = 2.654 SEK
1 SEK = 0.377 QAR
1 QAR = 0.207 SHP
1 SHP = 4.834 QAR
1 QAR = 693.038 TZS
1 TZS = 0.001 QAR
1 QAR = 0.275 USD
1 USD = 3.640 QAR
1 QAR = 28.321 XPF
1 XPF = 0.035 QAR
1 QAR = 155.681 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.