Fixed Exchange Rate
In March 1975, the riyal was officially pegged to the IMF's special drawing rights (SDRs). In practice, it has been fixed at 1 U.S. dollar = 3.64 riyal since 1980, which translates to approximately 1 riyal = 27.4 cents. This rate was made official in July 2001.
| Current QAR exchange rates | |
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| From Google Finance: | AUD CAD CHF EUR GBP HKD JPY USD INR KRW |
| From Yahoo! Finance: | AUD CAD CHF EUR GBP HKD JPY USD INR KRW |
| From XE.com: | AUD CAD CHF EUR GBP HKD JPY USD INR KRW |
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| From fxtop.com: | AUD CAD CHF EUR GBP HKD JPY USD INR KRW |
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Famous quotes containing the words fixed, exchange and/or rate:
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—Ralph Waldo Emerson (1803–1882)
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—Ralph Waldo Emerson (1803–1882)
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