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HomeCurrenciesWhat is QAR currency?What is QAR currency symbol and code?

What is QAR currency?What is QAR currency symbol and code?

What is QAR currency?

The Qatari riyal (sign: QR or ر.ق; code: QAR) is the currency of the State of Qatar. It is divided into 100 dirhams (Arabic: درهم) and is abbreviated as either QR (English) or ر.ق (Arabic).

QAR Coins

In 1966, coins were introduced in the name of Qatar and Dubai for 1, 5, 10, 25 and 50 dirhams. In 1973, a new series of coins was introduced in the same sizes and compositions as the earlier pieces but in the name of Qatar only. Only 25 and 50 Dirham coins are now circulated.

QAR Banknotes

On September 18, 1966, the Qatar & Dubai Currency Board introduced notes for 1, 5, 10, 25, 50 and 100 riyals. These were replaced on 19 May 1973 by notes of the Qatar Monetary Agency in denominations of 1, 5, 10, 100, and 500 riyals; a 50-riyal note was issued in 1976. The Qatar Central Bank was established by decree 15 on 5 August 1973. All coins and notes issued by the Qatar Monetary Agency became the property of the bank but continued to circulate for several years. On December 13, 2020, the Qatar Central Bank issued its fifth series of banknotes for circulation. Included in this series is the 200 riyals banknote. The front side of the notes share a common design based on traditional geometric patterns, the Flag of Qatar, Qatari flora and a gate representing historic Qatari architect.