Convert Philippine Peso to Qatari Riyal
Convert Philippine Peso (PHP) to Qatari Riyal (QAR) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, an archipelago nation of over 7,000 islands in Southeast Asia. Introduced in its modern form in 1949 when the Central Bank of the Philippines was established, the peso replaced the controlled "win" currency used during and after World War II. Bangko Sentral ng Pilipinas (BSP) manages monetary policy with a managed float. The Philippines is one of Asia's fastest growing economies, with remittances from over 10 million overseas Filipino workers (OFWs) forming a critical economic pillar representing about 10% of GDP.
About Qatari Riyal
The Qatari Riyal (QAR) is the official currency of Qatar, one of the world's wealthiest countries by per capita income. The riyal has been pegged to the US Dollar at 3.64 QAR per USD since 2001, a peg maintained with ease due to Qatar's enormous oil and liquefied natural gas (LNG) revenues. Qatar holds the world's third largest proven natural gas reserves and is the world's largest exporter of LNG. The Qatar Central Bank manages the peg. The country hosted the FIFA World Cup in 2022, showcasing massive infrastructure development.
Quick Reference Table
| Philippine Peso (PHP) | Qatari Riyal (QAR) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).