Convert Qatari Rial to Icelandic Króna
Please provide values below to convert Qatari Rial [QAR] to Icelandic Króna [ISK], or Convert Icelandic Króna to Qatari Rial.
How to Convert Qatari Rial to Icelandic Króna
1 QAR = 0.0299067877727248 ISK
Example: convert 15 QAR to ISK:
15 QAR = 15 × 0.0299067877727248 ISK = 0.448601816590873 ISK
Qatari Rial to Icelandic Króna Conversion Table
| Qatari Rial | Icelandic Króna |
|---|
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.
Icelandic Króna
The Icelandic Króna (ISK) is the official currency of Iceland, used as the country's primary medium of exchange.
History/Origin
The Króna was introduced in 1981, replacing the Icelandic Krona at par, and has undergone various redenominations and reforms since its inception.
Current Use
The ISK is actively used in Iceland for all financial transactions, including cash, banking, and electronic payments, and is managed by the Central Bank of Iceland.