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ETF
ETF
swap
QAR
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About Qatari Rial (QAR)

The Qatari Rial (QAR), introduced in 1973, is more than just the official currency of Qatar; it is a testament to the nation's economic growth, wealth, and cultural heritage. It is commonly abbreviated as QAR and represented by the symbol ر.ق. Emerging after Qatar gained independence from the British, the Rial replaced the Qatar and Dubai Riyal and marked a new chapter in the country's burgeoning financial landscape.

Historical Background

The introduction of the Qatari Rial was a crucial step in Qatar's journey towards economic self-sufficiency and sovereignty. The currency's establishment coincided with the rapid development of Qatar's oil and gas sectors, propelling the nation into economic prominence. The Rial symbolized not only a new monetary system but also Qatar's emergence as a significant player in the global economy.

Design and Symbolism

The design of the Qatari Rial is a reflection of Qatar's rich history and cultural identity. Banknotes feature imagery of the Qatari flag, traditional dhow boats, and prominent landmarks like the Museum of Islamic Art. These designs serve not only as a medium for financial transactions but also as symbols of Qatar's blend of tradition and modernity, showcasing its journey from a pearling economy to a global energy powerhouse.

Economic Role

The Qatari Rial plays a central role in the nation’s economy, underpinned by one of the world’s largest reserves of oil and natural gas. The currency is instrumental in facilitating trade, both domestically and internationally, and supports various sectors including finance, construction, and a growing service industry.

Monetary Policy and Stability

Managed by the Qatar Central Bank, the Rial is pegged to the US Dollar, reflecting the economic relationship between Qatar and the United States, particularly in the oil sector. This peg provides stability to the Rial, crucial in an economy heavily reliant on hydrocarbon exports, and helps to manage inflation.

International Trade and the Qatari Rial

The stability of the Qatari Rial is vital in international trade, particularly for Qatar's exports of liquefied natural gas (LNG) and petroleum products. A stable Rial is essential for maintaining competitive pricing in global markets and for attracting foreign investment in various sectors.

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Bitgethot-iconcalculator.compare.best
ر.ق0.{11}3036
0.0200% / 0.0320%vip-iconcalculator.compare.vip
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$0
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$260.80754385
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0 ETF

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0.5 ETF
ر.ق0.{11}1518
1 ETF
ر.ق0.{11}3036
5 ETF
ر.ق0.{10}1518
10 ETF
ر.ق0.{10}3036
50 ETF
ر.ق0.{9}1518
100 ETF
ر.ق0.{9}3036
500 ETF
ر.ق0.{8}1518
1000 ETF
ر.ق0.{8}3036

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0.5QAR164,687,258,036  ETF
1QAR329,374,516,072.01  ETF
5QAR1,646,872,580,360.05  ETF
10QAR3,293,745,160,720.09  ETF
50QAR16,468,725,803,600.46  ETF
100QAR32,937,451,607,200.93  ETF
500QAR164,687,258,036,004.66  ETF
1000QAR329,374,516,072,009.3  ETF

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0.5 ETF$0.{12}4170$0.{12}4383
-4.40%
1 ETF$0.{12}8340$0.{12}8767
-4.40%
5 ETF$0.{11}4170$0.{11}4383
-4.40%
10 ETF$0.{11}8340$0.{11}8767
-4.40%
50 ETF$0.{10}4170$0.{10}4383
-4.40%
100 ETF$0.{10}8340$0.{10}8767
-4.40%
500 ETF$0.{9}4170$0.{9}4383
-4.40%
1000 ETF$0.{9}8340$0.{9}8767
-4.40%

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0.5 ETF$0.{12}4170$0.{12}5466
-21.84%
1 ETF$0.{12}8340$0.{11}1093
-21.84%
5 ETF$0.{11}4170$0.{11}5466
-21.84%
10 ETF$0.{11}8340$0.{10}1093
-21.84%
50 ETF$0.{10}4170$0.{10}5466
-21.84%
100 ETF$0.{10}8340$0.{9}1093
-21.84%
500 ETF$0.{9}4170$0.{9}5466
-21.84%
1000 ETF$0.{9}8340$0.{8}1093
-21.84%

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0.5 ETF$0.{12}4170$-0.{13}4697
0.00%
1 ETF$0.{12}8340$-0.{13}9393
0.00%
5 ETF$0.{11}4170$-0.{12}4697
0.00%
10 ETF$0.{11}8340$-0.{12}9393
0.00%
50 ETF$0.{10}4170$-0.{11}4697
0.00%
100 ETF$0.{10}8340$-0.{11}9393
0.00%
500 ETF$0.{9}4170$-0.{10}4697
0.00%
1000 ETF$0.{9}8340$-0.{10}9393
0.00%

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