Qatari Rial

The Qatari Rial is the currency of Qatar (QA)
1 QAR = 0.424 AUD
1 AUD = 2.359 QAR
1 QAR = 371.418 ARS
1 ARS = 0.003 QAR
1 QAR = 817.099 BIF
1 BIF = 0.001 QAR
1 QAR = 0.103 BHD
1 BHD = 9.681 QAR
1 QAR = 1.898 BOB
1 BOB = 0.527 QAR
1 QAR = 0.467 AZN
1 AZN = 2.141 QAR
1 QAR = 23.958 BTN
1 BTN = 0.042 QAR
1 QAR = 138.500 CRC
1 CRC = 0.007 QAR
1 QAR = 5.831 CZK
1 CZK = 0.172 QAR
1 QAR = 1.973 CNY
1 CNY = 0.507 QAR
1 QAR = 1.770 DKK
1 DKK = 0.565 QAR
1 QAR = 37.967 ETB
1 ETB = 0.026 QAR
1 QAR = 2383.467 GNF
1 GNF = 0.000 QAR
1 QAR = 1.787 HRK
1 HRK = 0.559 QAR
1 QAR = 4501.456 IDR
1 IDR = 0.000 QAR
1 QAR = 43.997 JMD
1 JMD = 0.023 QAR
1 QAR = 24.031 KGS
1 KGS = 0.042 QAR
1 QAR = 0.464 BAM
1 BAM = 2.155 QAR
1 QAR = 0.495 ANG
1 ANG = 2.022 QAR
1 QAR = 3.841 BWP
1 BWP = 0.260 QAR
1 QAR = 0.354 BND
1 BND = 2.828 QAR
1 QAR = 799.157 CDF
1 CDF = 0.001 QAR
1 QAR = 0.551 BZD
1 BZD = 1.814 QAR
1 QAR = 9008.516 BYR
1 BYR = 0.000 QAR
1 QAR = 0.464 BGN
1 BGN = 2.155 QAR
1 QAR = 0.378 CAD
1 CAD = 2.643 QAR
1 QAR = 35.852 DZD
1 DZD = 0.028 QAR
1 QAR = 4.121 ERN
1 ERN = 0.243 QAR
1 QAR = 13.368 EGP
1 EGP = 0.075 QAR
1 QAR = 0.621 FJD
1 FJD = 1.610 QAR
1 QAR = 0.207 GBP
1 GBP = 4.836 QAR
1 QAR = 0.207 FKP
1 FKP = 4.836 QAR
1 QAR = 2.108 GTQ
1 GTQ = 0.474 QAR
1 QAR = 2.157 HKD
1 HKD = 0.464 QAR
1 QAR = 94.478 HUF
1 HUF = 0.011 QAR
1 QAR = 359.750 IQD
1 IQD = 0.003 QAR
1 QAR = 11585.632 IRR
1 IRR = 0.000 QAR
1 QAR = 116.706 KMF
1 KMF = 0.009 QAR
1 QAR = 380.418 KRW
1 KRW = 0.003 QAR
1 QAR = 23.099 ALL
1 ALL = 0.043 QAR
1 QAR = 33.352 BDT
1 BDT = 0.030 QAR
1 QAR = 0.492 AWG
1 AWG = 2.034 QAR
1 QAR = 1.524 BRL
1 BRL = 0.656 QAR
1 QAR = 0.000 BCH
1 BCH = 2007.722 QAR
1 QAR = 0.000 BTC
1 BTC = 404444.444 QAR
1 QAR = 1.009 AED
1 AED = 0.991 QAR
1 QAR = 252.371 AOA
1 AOA = 0.004 QAR
1 QAR = 0.275 BSD
1 BSD = 3.640 QAR
1 QAR = 265.299 CLP
1 CLP = 0.004 QAR
1 QAR = 0.901 BYN
1 BYN = 1.110 QAR
1 QAR = 1133.635 COP
1 COP = 0.001 QAR
1 QAR = 6.589 CUP
1 CUP = 0.152 QAR
1 QAR = 0.000 ETH
1 ETH = 13236.364 QAR
1 QAR = 0.237 EUR
1 EUR = 4.215 QAR
1 QAR = 7.218 HNL
1 HNL = 0.139 QAR
1 QAR = 19.917 GMD
1 GMD = 0.050 QAR
1 QAR = 0.207 GIP
1 GIP = 4.836 QAR
1 QAR = 36.093 HTG
1 HTG = 0.028 QAR
1 QAR = 0.195 JOD
1 JOD = 5.134 QAR
1 QAR = 40.560 JPY
1 JPY = 0.025 QAR
1 QAR = 18.884 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 = 104.681 AMD
1 AMD = 0.010 QAR
1 QAR = 0.221 CHF
1 CHF = 4.522 QAR
1 QAR = 48.879 DJF
1 DJF = 0.020 QAR
1 QAR = 16.697 DOP
1 DOP = 0.060 QAR
1 QAR = 26.159 CVE
1 CVE = 0.038 QAR
1 QAR = 0.743 GEL
1 GEL = 1.347 QAR
1 QAR = 2.873 GHS
1 GHS = 0.348 QAR
1 QAR = 56.863 GYD
1 GYD = 0.018 QAR
1 QAR = 0.937 ILS
1 ILS = 1.068 QAR
1 QAR = 23.958 INR
1 INR = 0.042 QAR
1 QAR = 33.821 ISK
1 ISK = 0.030 QAR
1 QAR = 1102.481 KHR
1 KHR = 0.001 QAR
1 QAR = 35.324 KES
1 KES = 0.028 QAR
1 QAR = 0.084 KWD
1 KWD = 11.914 QAR
1 QAR = 148.412 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 = 576.783 MMK
1 MMK = 0.002 QAR
1 QAR = 986.731 MNT
1 MNT = 0.001 QAR
1 QAR = 12.842 MUR
1 MUR = 0.078 QAR
1 QAR = 109.607 MRO
1 MRO = 0.009 QAR
1 QAR = 4.241 MVR
1 MVR = 0.236 QAR
1 QAR = 473.720 MWK
1 MWK = 0.002 QAR
1 QAR = 0.464 NZD
1 NZD = 2.155 QAR
1 QAR = 38.352 NPR
1 NPR = 0.026 QAR
1 QAR = 15.808 PHP
1 PHP = 0.063 QAR
1 QAR = 77.591 PKR
1 PKR = 0.013 QAR
1 QAR = 395.467 RWF
1 RWF = 0.003 QAR
1 QAR = 0.002 LTC
1 LTC = 403.996 QAR
1 QAR = 5.175 MXN
1 MXN = 0.193 QAR
1 QAR = 10.094 NIO
1 NIO = 0.099 QAR
1 QAR = 1.204 RON
1 RON = 0.831 QAR
1 QAR = 247.253 KPW
1 KPW = 0.004 QAR
1 QAR = 0.228 KYD
1 KYD = 4.390 QAR
1 QAR = 24722.253 LBP
1 LBP = 0.000 QAR
1 QAR = 1.498 LYD
1 LYD = 0.668 QAR
1 QAR = 5931.841 LAK
1 LAK = 0.000 QAR
1 QAR = 1221.920 MGA
1 MGA = 0.001 QAR
1 QAR = 55.143 LRD
1 LRD = 0.018 QAR
1 QAR = 14.610 MKD
1 MKD = 0.068 QAR
1 QAR = 4.956 LSL
1 LSL = 0.202 QAR
1 QAR = 2.221 MOP
1 MOP = 0.450 QAR
1 QAR = 4.671 MDL
1 MDL = 0.214 QAR
1 QAR = 4.956 NAD
1 NAD = 0.202 QAR
1 QAR = 1.164 MYR
1 MYR = 0.859 QAR
1 QAR = 0.106 OMR
1 OMR = 9.455 QAR
1 QAR = 416.549 NGN
1 NGN = 0.002 QAR
1 QAR = 1.150 PGK
1 PGK = 0.870 QAR
1 QAR = 0.275 PAB
1 PAB = 3.640 QAR
1 QAR = 0.980 PEN
1 PEN = 1.020 QAR
1 QAR = 2.814 NOK
1 NOK = 0.355 QAR
1 QAR = 1.013 PLN
1 PLN = 0.987 QAR
1 QAR = 2124.766 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 = 2.828 QAR
1 QAR = 6230.687 SLL
1 SLL = 0.000 QAR
1 QAR = 8.941 THB
1 THB = 0.112 QAR
1 QAR = 8.196 TWD
1 TWD = 0.122 QAR
1 QAR = 11.475 UAH
1 UAH = 0.087 QAR
1 QAR = 981.956 UGX
1 UGX = 0.001 QAR
1 QAR = 10.129 SRD
1 SRD = 0.099 QAR
1 QAR = 5884.753 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 = 0.661 TOP
1 TOP = 1.512 QAR
1 QAR = 3500.879 UZS
1 UZS = 0.000 QAR
1 QAR = 66.096 YER
1 YER = 0.015 QAR
1 QAR = 4.956 ZAR
1 ZAR = 0.202 QAR
1 QAR = 27.821 RSD
1 RSD = 0.036 QAR
1 QAR = 21.873 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 = 3571.951 SYP
1 SYP = 0.000 QAR
1 QAR = 4.956 SZL
1 SZL = 0.202 QAR
1 QAR = 0.797 TND
1 TND = 1.254 QAR
1 QAR = 10.916 UYU
1 UYU = 0.092 QAR
1 QAR = 7192.170 VND
1 VND = 0.000 QAR
1 QAR = 32.854 VUV
1 VUV = 0.030 QAR
1 QAR = 0.762 WST
1 WST = 1.313 QAR
1 QAR = 155.607 XAF
1 XAF = 0.006 QAR
1 QAR = 0.744 XCD
1 XCD = 1.345 QAR
1 QAR = 3.997 SCR
1 SCR = 0.250 QAR
1 QAR = 2.654 SEK
1 SEK = 0.377 QAR
1 QAR = 0.207 SHP
1 SHP = 4.836 QAR
1 QAR = 702.838 TZS
1 TZS = 0.001 QAR
1 QAR = 0.275 USD
1 USD = 3.640 QAR
1 QAR = 28.308 XPF
1 XPF = 0.035 QAR
1 QAR = 155.607 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.