Fixed Exchange Rate
In March 1975, the riyal was officially pegged to the IMF's special drawing rights (SDRs). In practice, it has been fixed at 1 U.S. dollar = 3.64 riyal since 1980, which translates to approximately 1 riyal = 27.4 cents. This rate was made official in July 2001.
Current QAR exchange rates | |
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