Qatari Riyal

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Qatari Riyal

The currency of Qatar. Since 1980, the riyal has been pegged to the U.S. dollar at a rate of 1 USD to 3.64 QAR. This exchange rate is important especially to energy deals as Qatar is rich in natural gas and, to a slightly lesser extent, oil. See also: Currency pair.
References in periodicals archive ?
6900 per dollar, the strongest since 1986, and bids on the Qatar riyal hit 3.
profit in excess of 160 million Qatar Riyals (US$ 43.
The former monopoly, which renamed itself ooredoo last week, made a net profit of 523 million Qatar riyals ($143.
Qatar riyals in net profits for the first nine months this year compared with
The veteran Bahraini racer was awarded 50,000 Qatar Riyals (BD5,000) for the result.