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Currency and Cost of Living

Qatar - Currency and Cost of Living


The official currency of Qatar is the Qatari Riyal (QR), made up of 100 Dirhams. The Qatari Riyal is pegged to the US dollar at QR 3.65.

Banknotes are available in denominations include of 1, 5, 10, 50, 100, and 500 Riyals, while coins are issued in denominations of 5, 10, 25 and 50 dirhams.

Although the cost of living in Qatar is apparently quite reasonable compared to other countries in the Gulf region, it is rising rapidly and increased by a record 8.8% in 2005. This is largely as a result of a sharp rise in the cost of real estate in the country. However, as there is no personal taxation on salaries in Qatar, this helps to ease the cost of living.

There are many bargains to be had in Qatar's shopping malls, especially at sale time, and it is normal practice to haggle over prices in the souks.

The following are typical prices in Qatar:

Monthly rental on 2-bed furnished apartment QR 6,000
Monthly utilities charges QR 300
Kilo of apples QR 6
2 litres of milk QR 8
500g margarine QR 10
Packet cornflakes QR 9
Chicken breasts per kg QR 25
Minced beef per kg QR 20
50 teabags QR 7


Read more about this country



Expat Health Insurance Partners


Bupa Global

At Bupa we have been helping individuals and families live longer, healthier, happier lives for over 60 years. We are trusted by expats in 190 different countries and have links with healthcare organisations throughout the world. So whether you're moving abroad for a change of career or a change of scene, with our international private health insurance you will always be in safe hands.

Cigna

Cigna has worked in international health insurance for more than 30 years. Today, Cigna has over 71 million customer relationships around the world. Looking after them is an international workforce of 31,000 people, plus a network of over 1 million hospitals, physicians, clinics and health and wellness specialists worldwide, meaning you have easy access to treatment.