Qatari riyal

Rial
Country:	Qatar
Subdivision:	100 dirham (s)
ISO 4217 code :	QAR
Abbreviation:	QR
Exchange rate : (August 27, 2020)	1  USD  = 3.64 QAR (fixed) 1  EUR  = 4.2974 QAR 1 QAR = 0.2327 EUR 1  CHF  = 3.9976 QAR 1 QAR = 0.25015 CHF

The Qatari riyal ( Arabic ريال قطري, DMG riyāl qaṭarī ) is the currency of the Gulf State of Qatar , it has been largely pegged to the US dollar at a ratio of 3.64 to 1 since 1980 . One Qatari riyal is in 100 dirhams (دراهم / darāhim , singular:درهم, DMG dirham ).

The name riyal is derived from the Spanish real , which was the currency in Spain for several centuries (derived from Spanish rey = king). The riyal has been the currency of Qatar since 1966, until 1973 as a common currency with the Trucial States with the exception of the Emirate of Abu Dhabi . Before that, the Gulf rupee was in use from 1959 and the Saudi riyal for a short time in 1966 .

There are currently considerations to replace the riyal with a common currency of the Gulf states .

Coins and banknotes

The Central Bank of Qatar issues banknotes to the value of 1, 5, 10, 50, 100 and 500 riyals and coins to the value of 25 and 50 dirhams. Governor of the Qatari Central Bank has been Abdullah Bin Saoud Al Thani since 2006 .

Banknotes
image		Face value	colour	description
front	back			front	back
		1 riyal	brown
		5 riyals	green
		10 riyals	orange
		50 riyals	purple
		100 riyals	green & purple
		500 riyals	blue

Web links

Commons : Money from Qatar  - Collection of pictures, videos and audio files

• Overview page of the Qatari Central Bank (QCB)
• The banknotes from Qatar ( German ) ( English )

Individual evidence

1. ↑ Monetary policy in Qatar and Qatar's attitude towards the proposed single currency for the Gulf Cooperation Council by Fahad Faisal Al-Thani