The Qatari riyal

 

 

 

 

 

 

The Qatari riyal, riyal of Qatar or rial of Qatar (ISO code QAR) is since 1967 the official currency of Qatar. The riyal is issued by the Central Bank of Qatar. A Riyal is divided into 100 dirhams.

Before carrying out a reform, the Saudi riyal was used for a short period of time, until finally the riyal was introduced in Qatar and Dubai.

The Saudi riyal was set at 1,065 rupees, while the Qatari riyal was set on a 1 to 1 exchange rate with the Rupee before its devaluation.

Until 1973, Qatar and Dubai jointly issued the riyal. However, after the incorporation of Dubai to the UAE, Qatar continued issuing the riyal and Dubai adopted the emiral dirham.

Banknotes and coins of the Qatari riyal in use

Currently, you can find in circulation in Qatar coins of 1, 5, 10, 25 and 50 dirhams.

 

As for Qatari riyal bank notes, you can find them of 1, 5, 10, 50, 100 and 500 riyals. The colors of the new editions of Qatari notes are blue (1 and 500 Riyal bills), green (5 and 100 Riyals), brown (10 Riyals), pink (50 Riyals) and green (100 Riyals).

Did you know?

  • Until 1966, Qatar managed the rupee of the Gulf as country currency. But when India devalued its Rupee, Qatar and other nearby territories decided to issue their own currencies. At this time Qatar and Dubai issued their coins together.

Symbol:

QR, ر.ق

ISO:

QAR

Date of issue:

1967

Authority:

Central Bank of Qatar

Frequent changes:

Other currencies of the world

Online money order: best price guaranteed

Make your order online and collect it at the branch of your choice.

ORDER CURRENCY ONLINE
YOUR BEST RATE
 

Why change currency with us rather than your bank?

    Global Exchange Global Exchange     Your Bank
Currencies available   More than 60 currencies. We are specialists   Only the most common ones. Banks do not offer this specialist service.
Ready currency   Ever ready, immediately, in our branches at the airport.   Banks order currency and have to await delivery. 
Currency divided in different denominations.   Of course! We care about you and your needs while you travel abroad.    No. Prepare for refusals and complaints in foreign languages when paying with «big» banknotes.
Delivery options   Collect at the airport/branch of your preference. It is all about comfort!   You must visit your bank at least twice, and wait meanwhile for your money to arrive.
What do I do with my leftover currency when I come home?   We buy it back from you at the airport, just as when you ordered online.   You must return to your bank. They may buy your currency back at a worse rate and then charge you a commission. 
Anything else?   Yes: our Iberia Plus Customers who reserve online earn Avios for their purchases, as when they buy at the airport.   Avi-what? No sir! This is a bank, not an airline company!