Convert Qatari Rial to Malaysian Ringgit
Please provide values below to convert Qatari Rial [QAR] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Qatari Rial.
How to Convert Qatari Rial to Malaysian Ringgit
1 QAR = 0.86023538308834 MYR
Example: convert 15 QAR to MYR:
15 QAR = 15 × 0.86023538308834 MYR = 12.9035307463251 MYR
Qatari Rial to Malaysian Ringgit Conversion Table
| Qatari Rial | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.