A practical foreign exchange and currency guide to Qatar
What's in this Qatar currency guide:
The official currency of Qatar is the Qatari rial, with symbol ﷼ and currency code QAR.
QAR/USD was | Period |
---|---|
0.2742 08 Feb 2022 | 2 Weeks |
0.2747 24 Nov 2021 | 90 Days |
0.2747 22 Feb 2021 | 1 Year |
0.2746 23 Feb 2017 | 5 Years |
0.2747 25 Feb 2012 | 10 Years |
0.2747 27 Feb 2002 | 20 Years |
The below comparison table makes it easy to find the best exchange rates and lowest fees when you want to make a Transfer or Spend Qatari rial.
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The Qatari riyal (QAR) is fully convertible, and Qatar does not restrict overseas transfers of funds from capital gains, interest, dividends, royalties or management fees. The Qatari riyal has been pegged to the US dollar (USD) at a rate of QR3.64 per US$1 since 1980.