The Qatari riyal (QAR) is the official currency of Qatar, a small but wealthy country located in the Middle East. It is subdivided into 100 dirhams and is symbolized by ر.ق. The riyal is pegged to the U.S. dollar, maintaining a stable exchange rate, which helps support the country's economy. The currency is issued by the Qatar Central Bank, which regulates its supply and ensures its stability. The Qatari riyal is widely used in daily transactions within the country and is accepted in various forms, including banknotes and coins.