The Qatari Rial is the official currency of Qatar, a small but wealthy country located in the Middle East. It is abbreviated as QAR and is subdivided into 100 dirhams. The currency symbol is ﷼. The Qatari Rial is pegged to the US dollar, which helps maintain its stability in the global market. The Qatari government issues banknotes in various denominations, including 1, 5, 10, 50, 100, and 500 rials. Coins are also available, typically in denominations of 1, 5, 10, 25, 50, and 100 dirhams. The design of the banknotes features important cultural and historical symbols of Qatar.