Usd Converter
Convert Usd to Qar and more • 166 conversions
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Unit Explanations
United States Dollar$
Source UnitThe United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
Fun Fact
The U.S. dollar is the most widely used currency for global trade.
Qatari RialQAR
Target UnitThe Qatari Rial (QAR) is the official currency of the State of Qatar, first introduced in 1973, replacing the Qatari riyal that was pegged to the Saudi riyal. The QAR is subdivided into 100 dirhams, and it is represented with the symbol 'ر.ق'. The currency is issued by the Qatar Central Bank, which is responsible for monetary policy and maintaining the value of the rial. The QAR's exchange rates are pegged to the US dollar at a fixed rate, which provides stability against currency fluctuations. The QAR is widely used in financial transactions, trade, tourism, and is essential for both domestic and international commerce in Qatar.
Current Use
The Qatari Rial is predominantly used in Qatar for all domestic transactions, including retail, services, and government payments. It is integral to businesses, both large and small, facilitating day-to-day operations and commerce. The currency is also widely used in the tourism sector, as Qatar has become a popular destination for international visitors, especially during events like the 2022 FIFA World Cup. The QAR is accepted in various forms including banknotes and coins, with banknotes available in denominations of 1, 5, 10, 50, 100, 200 rials. The rial's stability, due to its peg with the US dollar, makes it favorable for international trade and investments. Many expatriates in Qatar, who form a significant part of the workforce, also utilize the QAR for remittances back to their home countries.
Fun Fact
The Qatari Rial is one of the strongest currencies in the Middle East due to its peg to the US dollar.
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📐Conversion Formula
= × 1.00000How to Convert
To convert to , multiply the value by 1.00000. This conversion factor represents the ratio between these two units.
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💡 Pro Tip: For the reverse conversion ( → ), divide by the conversion factor instead of multiplying.
United States Dollar
currency • Non-SI
Definition
The United States Dollar (USD) is the official currency of the United States, recognized as a legal tender in various territories and widely accepted internationally. It is subdivided into 100 smaller units called cents. The dollar is denoted by the symbol '$' and is one of the most traded currencies globally, often used as a benchmark for other currencies. Its value is influenced by various factors including economic indicators, interest rates, and geopolitical stability. As a fiat currency, the USD is not backed by a physical commodity but rather the trust in the U.S. government and economy, making it a crucial component of the global financial system, utilized in both domestic and international transactions.
History & Origin
The United States Dollar has its origins in the Spanish dollar, which was widely used in the Americas during the colonial period. The first official dollar was issued by the Continental Congress in 1775 during the American Revolutionary War. The Coinage Act of 1792 established the U.S. dollar as the country's standard unit of money, allowing for the production of coins in various denominations. The dollar was initially defined in terms of specific weights of silver and gold, reflecting the bimetallic standard prevalent at the time, leading to the establishment of the U.S. Mint for the purpose of producing coinage.
Etymology: The term 'dollar' comes from the German word 'Thaler', which referred to a silver coin that was minted in the 16th century.
Current Use
The U.S. dollar is not only the official currency of the United States but also plays a dominant role in the global economy. As the primary reserve currency held by many countries, it is used in international transactions, trade agreements, and as a benchmark for other currencies. The dollar is widely accepted for transactions in various sectors such as finance, trade, and tourism, making it a preferred currency for global commerce. It is commonly used in international markets for commodities such as oil and gold, and many countries peg their local currencies to the dollar to stabilize their economies. The dollar is also utilized in remittances, with millions of people sending money across borders in USD.
💡 Fun Facts
- •The U.S. dollar is the most widely used currency for global trade.
- •More than 60% of all foreign exchange reserves are held in USD.
- •The design of the dollar bill has not changed significantly since 1929.
📏 Real-World Examples
🔗 Related Units
Qatari Rial
currency • Non-SI
Definition
The Qatari Rial (QAR) is the official currency of the State of Qatar, first introduced in 1973, replacing the Qatari riyal that was pegged to the Saudi riyal. The QAR is subdivided into 100 dirhams, and it is represented with the symbol 'ر.ق'. The currency is issued by the Qatar Central Bank, which is responsible for monetary policy and maintaining the value of the rial. The QAR's exchange rates are pegged to the US dollar at a fixed rate, which provides stability against currency fluctuations. The QAR is widely used in financial transactions, trade, tourism, and is essential for both domestic and international commerce in Qatar.
History & Origin
The history of the Qatari Rial dates back to the early 20th century when Qatar was still a British protectorate. Prior to the introduction of the QAR, the Indian rupee was widely used, and in 1966, the Qatar Currency Board issued the first Qatari riyal notes. The current form of the QAR was officially adopted in 1973, marking a significant step in Qatar's financial independence and development as a nation. The currency was introduced to support the country's growing economy, driven mainly by oil and natural gas exports.
Etymology: The term 'rial' is derived from the Spanish word 'real', which means 'royal'.
Current Use
The Qatari Rial is predominantly used in Qatar for all domestic transactions, including retail, services, and government payments. It is integral to businesses, both large and small, facilitating day-to-day operations and commerce. The currency is also widely used in the tourism sector, as Qatar has become a popular destination for international visitors, especially during events like the 2022 FIFA World Cup. The QAR is accepted in various forms including banknotes and coins, with banknotes available in denominations of 1, 5, 10, 50, 100, 200 rials. The rial's stability, due to its peg with the US dollar, makes it favorable for international trade and investments. Many expatriates in Qatar, who form a significant part of the workforce, also utilize the QAR for remittances back to their home countries.
💡 Fun Facts
- •The Qatari Rial is one of the strongest currencies in the Middle East due to its peg to the US dollar.
- •Qatar is the richest country in the world per capita, contributing to the strength of the QAR.
- •The currency is often used in international trade agreements due to its stability.
📏 Real-World Examples
🔗 Related Units
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Frequently Asked Questions
How do I convert to ?▼
To convert to , multiply your value by 1. For example, 10 equals 10 .
What is the formula for to conversion?▼
The formula is: = × 1. This conversion factor is based on international standards.
Is this to converter accurate?▼
Yes! MetricConv uses internationally standardized conversion factors from organizations like NIST and ISO. Our calculations support up to 15 decimal places of precision, making it suitable for scientific, engineering, and everyday calculations.
Can I convert back to ?▼
Absolutely! You can use the swap button (⇄) in the converter above to reverse the conversion direction, or visit our to converter.