Qatari Dirham (Noun)
Meaning
100 dirhams equal 1 riyal in Qatar.
Classification
Nouns denoting quantities and units of measure.
Examples
- Since 100 dirhams equal approximately 27 US dollars, a Qatari dirham is relatively weak compared to other major currencies.
- A Qatari dirham was originally pegged to the riyal and eventually became the official currency of Qatar.
- Qatari dirhams can be exchanged for various foreign currencies through banks in Qatar and around the world.
- It's worth noting that Qatari dirhams, though not equal to the Qatari riyal, have been divided into 100 equal units.
- Prior to the adoption of the riyal, however, 100 dirhams equalled 1 riyal, until that equivalence was eventually re-valued and updated to support only Qatari riyals.