Convert Qatari Rial to Armenian Dram
Please provide values below to convert Qatari Rial [QAR] to Armenian Dram [AMD], or Convert Armenian Dram to Qatari Rial.
How to Convert Qatari Rial to Armenian Dram
1 QAR = 0.00947785852473487 AMD
Example: convert 15 QAR to AMD:
15 QAR = 15 × 0.00947785852473487 AMD = 0.142167877871023 AMD
Qatari Rial to Armenian Dram 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.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.