Convert Qatari Rial to Egyptian Pound
Please provide values below to convert Qatari Rial [QAR] to Egyptian Pound [EGP], or Convert Egyptian Pound to Qatari Rial.
How to Convert Qatari Rial to Egyptian Pound
1 QAR = 0.0741743014574028 EGP
Example: convert 15 QAR to EGP:
15 QAR = 15 × 0.0741743014574028 EGP = 1.11261452186104 EGP
Qatari Rial to Egyptian Pound 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.
Egyptian Pound
The Egyptian Pound (EGP) is the official currency of Egypt, used for all monetary transactions within the country.
History/Origin
The Egyptian Pound was introduced in 1898, replacing the Egyptian piastre, and has undergone various reforms and decimalization over the years to modernize the currency system.
Current Use
Today, the Egyptian Pound is the primary currency in Egypt, issued and regulated by the Central Bank of Egypt, and is used in everyday transactions, banking, and trade.