Convert Hong Kong Dollar to Qatari Rial
Please provide values below to convert Hong Kong Dollar [HKD] to Qatari Rial [QAR], or Convert Qatari Rial to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Qatari Rial
1 HKD = 2.15653846153846 QAR
Example: convert 15 HKD to QAR:
15 HKD = 15 × 2.15653846153846 QAR = 32.3480769230769 QAR
Hong Kong Dollar to Qatari Rial Conversion Table
| Hong Kong Dollar | Qatari Rial |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.