Convert United States Dollar to Qatari Rial
Please provide values below to convert United States Dollar [USD] to Qatari Rial [QAR], or Convert Qatari Rial to United States Dollar.
How to Convert United States Dollar to Qatari Rial
1 USD = 0.274725274725275 QAR
Example: convert 15 USD to QAR:
15 USD = 15 × 0.274725274725275 QAR = 4.12087912087912 QAR
United States Dollar to Qatari Rial Conversion Table
| United States Dollar | Qatari Rial |
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.