Convert Saudi Riyal to Qatari Rial
Please provide values below to convert Saudi Riyal [SAR] to Qatari Rial [QAR], or Convert Qatari Rial to Saudi Riyal.
How to Convert Saudi Riyal to Qatari Rial
1 SAR = 1.03021978021978 QAR
Example: convert 15 SAR to QAR:
15 SAR = 15 × 1.03021978021978 QAR = 15.4532967032967 QAR
Saudi Riyal to Qatari Rial Conversion Table
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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.
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.