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» Qatar Central Bank
Qatar Central Bank

The Qatari Riyal (currency code: QAR) is the official currency of Qatar. It is used as the primary monetary unit in the country. The Qatari Riyal is subdivided into 100 dirhams. Banknotes and coins denominated in Riyal are widely used for financial transactions in Qatar.

 

The Qatar Central Bank (QCB) is the authority responsible for issuing and regulating the Qatari Riyal. It plays a crucial role in managing the national currency, maintaining monetary stability, and regulating the Qatari financial system.

 

The Qatari Riyal is commonly abbreviated as "QAR" and is utilized in all aspects of Qatar's economic and financial activities, including trade, banking operations, and international exchanges. It's important to note that exchange rates for the Qatari Riyal in relation to other currencies can fluctuate based on international foreign exchange markets.

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