Convert Qatari Rial to Australian Dollar
Please provide values below to convert Qatari Rial [QAR] to Australian Dollar [AUD], or Convert Australian Dollar to Qatari Rial.
How to Convert Qatari Rial to Australian Dollar
1 QAR = 2.38032958409626 AUD
Example: convert 15 QAR to AUD:
15 QAR = 15 × 2.38032958409626 AUD = 35.7049437614439 AUD
Qatari Rial to Australian Dollar 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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.