The Qatari Riyal is the official currency of Qatar. It is denoted by the currency code QAR. The Riyal is subdivided into 100 dirhams. It is issued and regulated by the Qatar Central Bank.The Qatari Riyal has been in circulation since 1973, when it replaced the Qatar and Dubai Riyal at a fixed exchange rate. The Riyal is widely accepted in Qatar for all transactions, both cash and electronic.The Qatari Riyal is a stable currency, backed by the country's vast reserves of oil and natural gas.
The US Dollar is the currency of the United States of America and several other countries and territories. It is also the most widely used currency in international trade and finance, and the main reserve currency of the world. Here is a brief introduction of the US Dollar:The US Dollar was
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In an era where sustainability is no longer a choice but a necessity, Baiduri Bank has taken a bold step forward. The bank has pledged its commitment to sustainable banking and introduced a new brand promise: “Co-creating your future”. This promise is not just a tagline, but a reflection of the ba
A security is a broad financial term that represents a tradable financial asset. Securities can be categorized into various types, and bonds are one specific category of securities. Let's explore the differences between a security and a bond:1. Definition: - Security: The term "
There are great personal finance apps out thereManaging your money can be a daunting task, especially if you have multiple accounts, debts, goals, and expenses to keep track of. Fortunately, technology can make this process easier and more enjoyable. There are many personal finance apps available th
The Vatican City Lira was the currency of the Vatican City from 1929 to 2002. It was not a separate currency, but an issue of the Italian Lira, produced by the Banca d’Italia specifically for Vatican City. The Vatican City Lira was equal to the Italian Lira and was legal tender in
Greek DrachmaThe Greek Drachma was the name of the currency used in ancient and modern Greece. It has a long and rich history, spanning from the 6th century BC to the 21st century AD. Here is a brief introduction of the Greek Drachma:The ancient drachma was an ancient Greek currency unit issued by m
The Cypriot Pound was the official currency of Cyprus until it was replaced by the Euro in 2008. Its history dates back to 1879 when it was introduced by the British colonial authorities. Over the years, the Cypriot Pound underwent several changes, including a devaluation in 1964 due to political instability. Despite this, it remained a stable currency until the country's entry into the European Union in 2004, which paved the way for its eventual replacement by the Euro. Today, the Cypriot
