Convert Qatari Rial to Saudi Riyal
Please provide values below to convert Qatari Rial [QAR] to Saudi Riyal [SAR], or Convert Saudi Riyal to Qatari Rial.
How to Convert Qatari Rial to Saudi Riyal
1 QAR = 0.970666666666667 SAR
Example: convert 15 QAR to SAR:
15 QAR = 15 × 0.970666666666667 SAR = 14.56 SAR
Qatari Rial to Saudi Riyal Conversion Table
Qatari Rial | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.