Qatari Riyal
(QAR) Insights
Currency of world's wealthiest per-capita nation (by GNI); LNG and oil export economy; Qatar Investment Authority (QIA) is major global sovereign wealth fund; FIFA World Cup 2022 brought global attention
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QAR Live Converter
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Currency Snapshot
Technical specifications, central bank governance, and market standing for Qatari Riyal.
QAR
Standardized ISO 4217 Currency Code
﷼
Unicode Glyphs & Display Symbol
1/100 = Dirham Decimals
Subdivision unit definition
Qatar
Qatar Central Bank
Qatar Central Bank
US Dollar (USD)
Market-determined exchange rate mechanism
Currency Standard: Fiat (USD-pegged)
Classified as Fiat (USD-pegged) in global trade networks
Banknotes
QR 1
Coins
25d
Global Network Integration
The FX Intelligence terminal maps the institutional footprint of the Qatari Riyal, highlighting cross-border utilization and primary trading corridors.
Verified Authority
Regulated data streams mapped to Qatar Central Bank.
QAR Market Insights
Deep-dive analysis of the Qatari Riyal's global impact, remittance role, and institutional influence.
Strong Currency Impact
N/A (pegged); effective appreciation via USD – cheaper imports
Weak Currency Impact
N/A (pegged); QIA reserves support peg defence
Remittance Role
Qatar is major remittance sender; primary destinations are India, Nepal, Philippines, Bangladesh, Pakistan, Egypt (from large migrant worker population ~2.5 million workers)
Central Bank Tools
FX Reserves, QMR (Qatar Monetary Rate mirrors USD), Bank regulations
Common Questions About Qatari Riyal
Everything you need to know about QAR exchange rates, banknotes, and historical significance.