Qatar - Money

Currency & Money

Currency information:

Qatari Riyal (QAR; symbol QR)= 100 dirhams. Notes are in denominations of QR500, 100, 50, 10, 5 and 1. Coins are in denominations of 50, 25, 10, 5, 1 dirhams. The exchange rate is pegged to the US dollar at an average rate of US$1 = QR3.64.

Credit cards:

American Express, Diners Club, MasterCard and Visa are widely accepted.

ATM:

There are ATM machines throughout Qatar.

Travellers cheques:

Traveller's cheques are no longer popular.

Banking hours:

Sun-Thu 0730-1200 and 1530-1930.

Currency restriction:

There are no restrictions on the import or export of local or foreign currency, but cash, precious jewellery and all financial means need to be declared if their value exceeds QR50,000. Israeli currency is prohibited.

Currency exchange:

All major banks and hotels will exchange currency.

Events

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