Enter the amount to convert at the top and choose a second currency., You can also get the history of the price rate by clicking on the "convert" button., If you want to see the parity of the QAR currency with other currencies, go to the table " Qatari riyal exchange rate" below. , The last update to the Mataf QAR Currency Converter is dated from
The Riyal of Qatar
The Riyal, Rial or Ryal, all 3 versions are accepted, is the money of 5 Moslem Middle-Eastern countries. The Qatar Riyal is subdivided into 100 dirhams, not to be confused with the Morrocan Dirham.
Until 1959, Qatar used the Indian Rupee. In 1959, the Reserve Bank of India was issuing the Gulf Rupee, but Qatar refused it, preferring the Saudi Riyal.
In 1968, the Riyal of Dubai and of Qatar entered into circulation. Then, when Dubai joined the United Arab Emirates in 1971, Qatar began to issue its own money.
The other Riyals are those of Saudia Arabia (SAR), Iran (IRR), Oman (OMR) and the Yemen (YER).
The banknotes of Qatar are very colorful, and very intricately designed. They are unusual in that they all carry the same motif on the reverse side. Only the color changes. On the upper side of the bills, the text is in Arabic only (name of the issuing bank, amount…). On the back are featured the country's natural, cultural and religious resources.