Best Card for Online Shopping from US, UK & EU Sites in Singapore (2026)
Singaporeans pay up to 3.5% in foreign transaction fees on every overseas order with…
The Qatari Riyal (QAR) is the official currency of Qatar and is issued by the Qatar Central Bank. The Riyal has been pegged to the US dollar since 2001 at a fixed exchange rate of 3.64 QAR to 1 USD. Qatar's economy, one of the richest in the world per capita, is largely driven by oil and natural gas exports. The Riyal is widely used within the country for trade, investments, and daily transactions. Qatar's stable economic policies and high reserves support the Riyal’s strength.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.
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