Convert Qatari Rial to Dominican Peso
Please provide values below to convert Qatari Rial [QAR] to Dominican Peso [DOP], or Convert Dominican Peso to Qatari Rial.
How to Convert Qatari Rial to Dominican Peso
1 QAR = 0.0603138307567397 DOP
Example: convert 15 QAR to DOP:
15 QAR = 15 × 0.0603138307567397 DOP = 0.904707461351096 DOP
Qatari Rial to Dominican Peso 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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.