Convert Qatari Rial to Swiss Franc
Please provide values below to convert Qatari Rial [QAR] to Swiss Franc [CHF], or Convert Swiss Franc to Qatari Rial.
How to Convert Qatari Rial to Swiss Franc
1 QAR = 4.57919235123915 CHF
Example: convert 15 QAR to CHF:
15 QAR = 15 × 4.57919235123915 CHF = 68.6878852685873 CHF
Qatari Rial to Swiss Franc 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.
Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency globally.