Convert Qatari Rial to Canadian Dollar
Please provide values below to convert Qatari Rial [QAR] to Canadian Dollar [CAD], or Convert Canadian Dollar to Qatari Rial.
How to Convert Qatari Rial to Canadian Dollar
1 QAR = 2.67155963302752 CAD
Example: convert 15 QAR to CAD:
15 QAR = 15 × 2.67155963302752 CAD = 40.0733944954128 CAD
Qatari Rial to Canadian Dollar Conversion Table
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Qatari Rial
The Qatari Rial (QAR) is the official currency of Qatar, used for all monetary transactions within the country.
History/Origin
The Qatari Rial was introduced in the 1960s, replacing the Indian Rupee, and has undergone various redenominations and stability measures to establish its value.
Current Use
The Qatari Rial is widely used in Qatar for everyday transactions, banking, and international trade, and is pegged to a basket of currencies with a fixed exchange rate to the US dollar.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.