Convert Qatari Rial to British Pound Sterling
Please provide values below to convert Qatari Rial [QAR] to British Pound Sterling [GBP], or Convert British Pound Sterling to Qatari Rial.
How to Convert Qatari Rial to British Pound Sterling
1 QAR = 4.91758984058363 GBP
Example: convert 15 QAR to GBP:
15 QAR = 15 × 4.91758984058363 GBP = 73.7638476087544 GBP
Qatari Rial to British Pound Sterling 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.
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.