Convert Qatari Rial to Euro
Please provide values below to convert Qatari Rial [QAR] to Euro [EUR], or Convert Euro to Qatari Rial.
How to Convert Qatari Rial to Euro
1 QAR = 4.26879324498651 EUR
Example: convert 15 QAR to EUR:
15 QAR = 15 × 4.26879324498651 EUR = 64.0318986747977 EUR
Qatari Rial to Euro 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.
Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.