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Currency & Exchange

Currency of Qatar: Qatari Riyal

DohaLocal time

Qatari Riyal · QAR · National

Qatari Riyal
ISO QAR · QATAR
Qatari Riyal
ISO codeQAR
Monetary authorityQatar Central Bank
QAR
ISO 4217 code
Currency identifier
1
Currencies with an official role
National
QAR
Display identifier
ISO code used where a standalone symbol is not shown
Pegged
Exchange-rate context
Formal monetary link
CurrencyQatari Riyal
ISO codeQAR
Largest noteQR500
Largest coin50 dirhams
Current note seriesFifth Issue

Who Issues Qatari Riyal in Qatar

Qatar Central Bank oversees the national monetary framework behind Qatar's Qatari Riyal (QAR). A practical detail for readers is the symbol QAR; financial systems can also identify the currency by ISO numeric code 634. The currency's external-value framework includes a formal peg, which is a defining feature of the monetary setup.

Qatar Central Bank manages the Qatari Riyal within Qatar's national monetary system and also maintains the documented exchange-rate link attached to QAR. In Qatar, that exchange-rate link does not change QAR's status as a national currency.

Currency architectureNational
Primary currencyQatari Riyal (QAR)
Monetary authorityQatar Central Bank
ModifiersPegged

For reference-rate use in Qatar, Qatar Central Bank manages the monetary framework for the Qatari Riyal in Qatar. QAR is therefore a nationally administered currency rather than an externally issued unit. This approach leaves the rate context explicit.

Exchange Rate for QAR

Latest available reference rate*Loading...
Checking USD/QAR
Latest official/reference observation where supported. Source and date are shown after loading; this is not a trading quote.
=

For a dated QAR observation, compare observations for the same currency pair and a similar timestamp. Reference observations are benchmarks, not guaranteed retail transaction prices. This makes the data layers easy to distinguish.

Banknotes and Coins

Banknotes

Qatar Central Bank's current banknote page lists seven Fifth Issue denominations: QR1, QR5, QR10, QR50, QR100, QR200 and QR500.

QR1
QR5
QR10
QR50
QR100
QR200
QR500

Coins

QCB circulation reporting identifies coin denominations of 1, 5, 10, 25 and 50 dirhams.

1 dirham
5 dirhams
10 dirhams
25 dirhams
50 dirhams

Frequently Asked Questions

What currency is used in Qatar?

The Qatari Riyal (QAR) is the national currency of Qatar. Qatar Central Bank is responsible for the domestic monetary framework. The exchange-rate framework for QAR in Qatar also includes the documented peg or managed link shown on this guide.

Who manages the currency system in Qatar?

Qatar Central Bank is the main monetary authority identified for Qatar.

Are the exchange rates for Qatar real-time?

For Qatar, where the pair is supported, the displayed conversion comes from the latest available reference observation and is date-stamped. The figure is informational and can differ from a bank, card or cash-counter quote. This gives the monetary framework distinct from the conversion quote.

Data note: Figures marked with * are sourced from external institutions or data providers and may change after publication. Exchange rates, payment statistics and other time-sensitive figures are provided for general reference and may not reflect current market, bank, card-network or transaction rates. DigifyWorld aims to use reliable sources and keep information current, but cannot guarantee that all data is complete, real-time or 100% accurate. Check the cited source or relevant monetary authority when making financial decisions.

More about Qatar

Explore Qatar across the other DigifyWorld country-data sections.

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Sources & methodology

The institutional description for Qatar is grounded in Qatar Central Bank and the relevant monetary arrangement. ISO 4217 is used for the QAR identifier; exchange-arrangement facts and dated rate observations are treated as different data layers. That keeps the reference point clear.

View sources used for this page
Exchange-rate note: the QAR converter for Qatar requests a supported reference-rate source and displays the observation date. If no supported observation is available, the converter shows that a reference rate is unavailable instead of estimating one.