Currency Information on Qatari Riyal - QAR— Qatari riyal - ر.ق
The riyal was introduced in 1966, replacing the Gulf rupee, which had declined in value.
The country briefly adopted the Saudi riyal, whilst transitioning between currencies and once, introduced the Qatari riyal was equal to the to the Gulf rupee, before it had devalued.
Coins are available in denominations of 1, 5, 10, 25 and 50 dirhams, whilst banknotes are available in denominations of 1, 5, 10, 50, 100 and 500 riyals.
Given the current crisis in my country, I was forced to move abroad to find a better financial life. I’ve been living and working in a good UK job for two years now. Although my wife and children came with me I send money to my relatives in Greece very often. Every time I do so I make sure I'm getting a good currency exchange deal by checking online how to send money abroad at the best rates.
Comment written by Kostas Skordas Architect.
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