


QAR information
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.
AIAT to QAR conversion rate trend
AIAT to QAR market statistics
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Current AIAT to QAR exchange rate
AI Analysis Token to Qatari Rial is rising this week.AIAT to QAR Conversion tables
The exchange rate of AI Analysis Token is increasing.AIAT to QAR
QAR to AIAT
AIAT to QAR Today vs. 24 hours ago
Amount | 01:40 am today | 24 hours ago | 24h change |
---|---|---|---|
0.5 AIAT | ر.ق0.9705 | ر.ق0.9516 | +1.98% |
1 AIAT | ر.ق1.94 | ر.ق1.9 | +1.98% |
5 AIAT | ر.ق9.7 | ر.ق9.52 | +1.98% |
10 AIAT | ر.ق19.41 | ر.ق19.03 | +1.98% |
50 AIAT | ر.ق97.05 | ر.ق95.16 | +1.98% |
100 AIAT | ر.ق194.09 | ر.ق190.32 | +1.98% |
500 AIAT | ر.ق970.47 | ر.ق951.58 | +1.98% |
1000 AIAT | ر.ق1,940.93 | ر.ق1,903.17 | +1.98% |
AIAT to QAR Today vs. 1 month ago
Amount | 01:40 am today | 1 month ago | 1M change |
---|---|---|---|
0.5 AIAT | ر.ق0.9705 | ر.ق0.8259 | +17.50% |
1 AIAT | ر.ق1.94 | ر.ق1.65 | +17.50% |
5 AIAT | ر.ق9.7 | ر.ق8.26 | +17.50% |
10 AIAT | ر.ق19.41 | ر.ق16.52 | +17.50% |
50 AIAT | ر.ق97.05 | ر.ق82.59 | +17.50% |
100 AIAT | ر.ق194.09 | ر.ق165.17 | +17.50% |
500 AIAT | ر.ق970.47 | ر.ق825.87 | +17.50% |
1000 AIAT | ر.ق1,940.93 | ر.ق1,651.75 | +17.50% |
AIAT to QAR Today vs. 1 year ago
Amount | 01:40 am today | 1 year ago | 1Y change |
---|---|---|---|
0.5 AIAT | ر.ق0.9705 | ر.ق0.6835 | +41.97% |
1 AIAT | ر.ق1.94 | ر.ق1.37 | +41.97% |
5 AIAT | ر.ق9.7 | ر.ق6.83 | +41.97% |
10 AIAT | ر.ق19.41 | ر.ق13.67 | +41.97% |
50 AIAT | ر.ق97.05 | ر.ق68.35 | +41.97% |
100 AIAT | ر.ق194.09 | ر.ق136.7 | +41.97% |
500 AIAT | ر.ق970.47 | ر.ق683.48 | +41.97% |
1000 AIAT | ر.ق1,940.93 | ر.ق1,366.96 | +41.97% |
How to convert AIAT to QAR



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