Qatari riyal (QAR)

The Qatari riyal (symbol: ﷼, code: QAR) is the official currency of the State of Qatar, subdivided into 100 dirhams. Issued by the Qatar Central Bank, the riyal replaced the Dubai and Qatar riyal at par in 1973 following Dubai's accession to the United Arab Emirates. Since July 2001, the Qatari riyal has been officially pegged to the United States dollar at a fixed exchange rate of 3.64 riyals per dollar.