The Qatari Riyal
is the official currency in Qatar.
Qatari Riyal (QAR) = 100 dirhams.
Notes
are in denominations of QAR 500, 100, 50, 10, 5 and 1.
Coins are in denominations of 50, 25, 10, 5 and
1 dirhams, however, only the 50 and 25 coins are in wide circulation,
the rest ceased in the 1970's and smaller denominations are becoming
less common.
The Qatari Riyal is tied to the United States Dollar.
Credit & debit cards
Diners Club, American Express, MasterCard and Visa are widely accepted.
Please check with your credit or debit card company for details
of merchant acceptability and other services which may be available.
Travellers cheques
These are Widely accepted. To avoid additional
exchange rate charges, travellers are advised to take travellers
cheques in United States Dollars or Pounds Sterling.
Exchange
rate indicators
The following figures should be perceived as a guide to the movements
of the Qatari Riyal against the US Dollar and UK
Pounds Sterling:
Date
Nov’07
UK
£1.00=
7.58
US
$1.00=
3.64
Currency restrictions
There are no restrictions on the export or import
of either local or foreign currency. Israeli currency, however,
is forbidden.
Banking hours
Banks are generally open Saturday to Thursday from 7.30 am to 1.30
pm.
