Qatar Riyal (QAR)

Qatar Riyal (QAR)

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About Qatar Riyal (QAR)

Qatari Riyal is now the official currency of the State of Riyal, after replacing the Gulf Rupee. Qatari Riyal has been pegged against the US dollar since 1975 and it has maintained a peg of QR 3.64 per USD since 1980. The Qatari Government and the Central Bank of Qatar authorized this ‘peg’ officially in 2001. The Qatar currency is divided into 100 dirhams and is abbreviated as either QR (English) or ر.ق (Arabic). Outside Qatar, this currency can be exchanged in countries of the Middle East.

Some facts that you ought to know about the QATAR currency:

  • The short name for Qatar money is QR. Qatari coins used the most are 1 DIRHAM, 5 DIRHAMS, 10 DIRHAMS, 25 DIRHAMS, 50 DIRHAMS.
  • The most frequently used banknotes are 1 RIYAL, 5 RIYALS, 10 RIYALS, 50 RIYALS, 100 RIYALS, 500 RIYALS
  • Qatar Central Bank is the chief bank of Qatar and reserves the right to issue the currency of Qatar.
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What People are Saying

It was my first trip to Australia, that too for higher education. Being a student, I had my own apprehensions, along with different suggestions from different people. While I was conducting my own research to find out the best rates for forex, I landed upon the Thomas Cook website, which offered me some very convenient student services in addition to my basic requirement of buying Australian dollars. I never had to look back after that. Thank you, Thomas Cook.
Sahil Shah
I had planned a surprise trip for my wife to Australia, for our first wedding anniversary. Buying forex was the only task left after I had made all the other arrangements. During all this while I had a close eye on the Australian dollar rate, considering that generally it is very high, however I couldn’t figure the right time to buy the dollar. Thanks to the Thomas Cook experts team who advised me on the way around, and I ended up buying the currency at the best rates possible.
Chiranjit Hira
I had some basic queries before I could decide of buying AUD, and I must say that the Thomas Cook team was professional enough in handling all of them. So much so that later when I returned from my trip I had no doubts in my mind about selling the spare AUD to Thomas Cook and the service quality was still intact.
Pratish Shaw

Quick Facts About Qatar Riyal (QAR)

Currency Name
Qatari Riyal
Short Name
QAR
Nicknames:
NA
Symbol(s)
Unit
1/100, dirham
Frequently used coins
1 dirham, 5 dirhams, 10 dirhams, 25 dirhams, 50 dirhams
Frequently used bank notes
1 riyal, 5 riyals, 10 riyals, 50 riyals, 100 riyals, 500 riyals
Central Bank, Name & Website
Qatar Central Bank | www.qcb.gov.qa
Territories that use the currency as a part of their legal tender:
NA
The Qatar Riyal Currency

The currency is in the subdivision of 100 dirhams. The rights to issue this currency lie within the authority of the Qatar Central Bank. The coins that are currently under circulation in Qatar are in the denominations of dirhams 1, 5, 10, 25 and 50. Similarly, the bank notes that are currently under circulation in the country are in the denominations of riyals 1, 5, 10, 50, 100 and 500.

How to buy forex online?
To find the latest 1 INR to QAR rates and other exchange rates today, simply visit the Thomas Cook website. Thomas Cook is the most trusted money exchange provider in the country. Besides helping customers with the best Qatar Currency Rate, it also makes available the most exciting and value for money tour packages for travellers.
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Frequently Asked Questions

What is Qatar Riyal’s value?
Check out the current rates of Qatar Riyal on our live forex rate card available on the website. If you have any further doubts, please do not hesitate to contact our experts for assistance.
How much money would be enough for fortnight trip in Qatar?
This is completely dependent on the nature of your trip, and your personal preferences. If you are confused about the expenses that you might have to incur while you are on the trip, then please contact our team of experts and they will guide you with the proceedings.
How much money can I carry in/out Qatar?
There no restriction per se to carry money in/out Qatar. However, do not carry any Israeli currency as it is prohibited in this part of the world
Should I exchange the riyal when I am Qatar or should I do it before I leave for the country?
Generally, it is advisable that you buy the foreign exchange before you land in your destination country as chances are that you might end up spending more on the fees unless you are carrying your currency in a forex card.
Which are the best currencies to carry in Qatar?
Whatever currency at hand, we suggest you change to Qatar Riyal for your convenience while you are travelling abroad.
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