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QAR flagQatari 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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Currency Snapshot

Technical specifications, central bank governance, and market standing for Qatari Riyal.

ISO Code

QAR

Standardized ISO 4217 Currency Code

Symbol

﷼

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Dirham Decimals

Subdivision unit definition

Region

Qatar

QAR Primary AreaGlobal Trade
Central Bank

Qatar Central Bank

Qatar Central Bank

Pegged Currency

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.

Fiat (USD-pegged)
Classification
USD/QAR (pegged)
Top Pair Mapping
Qatar
Main Adoption Regions
Qatari Riyal Trading Terminal

Verified Authority

Regulated data streams mapped to Qatar Central Bank.

Economic Intelligence

QAR Market Insights

Deep-dive analysis of the Qatari Riyal's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

N/A (pegged); effective appreciation via USD – cheaper imports

Weak Currency Impact

Weak Currency Impact

N/A (pegged); QIA reserves support peg defence

Remittance Role

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

Central Bank Tools

FX Reserves, QMR (Qatar Monetary Rate mirrors USD), Bank regulations

Support & Resources

Common Questions About Qatari Riyal

Everything you need to know about QAR exchange rates, banknotes, and historical significance.

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