Qatari Riyal(redirected from Qatari and Dubai riyal)
Also found in: Dictionary, Thesaurus.
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.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved