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The Saudi riyal was worth 1.065 Gulf rupees, whilst the Qatar and Dubai riyal was equal to the Gulf rupee prior to its devaluation. Initially pegged with sterling at one shilling and six pence (1s. 6d.) per riyal, its value was changed to one shilling and nine pence (1s. 9d.) when sterling was devalued in 1967, maintaining its value in relation ...
Qatari riyal [16] QAR Qatar: ر.ق [17] Saudi riyal [18] SAR Saudi Arabia: SR [19] Yemeni rial [20] YER
1, 5, 10, 100 Gulf rupees: Demographics; Replaced: Indian rupee (British Raj) (Replaced the Indian rupee usage in the Gulf) Replaced by: Kuwaiti dinar Bahraini dinar Bahraini dinar (UAE; only Abu Dhabi) Qatari and Dubai riyal Qatari and Dubai riyal ( United Arab Emirates; only Dubai Saudi riyal (UAE; except Abu Dhabi) Omani rial : User(s)
All the Trucial States except Abu Dhabi adopted the Qatar and Dubai riyal, which was equal to the Gulf rupee prior to the devaluation. These emirates briefly adopted the Saudi riyal during the transition from the Gulf rupee to the Qatar and Dubai riyal. Abu Dhabi used the Bahraini dinar, at a rate of 10 Gulf rupees = 1 dinar. In 1973, the UAE ...
BUCHAREST (Reuters) -A Romanian court lifted a house arrest order against internet personality Andrew Tate, replacing it with a lighter preventative measure pending the outcome of a criminal ...
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
For purchasing power parity comparisons only, the US Dollar is exchanged at 3.67 Qatari Riyals. Mean wages were $59.99 per man-hour in 2009. In February 2012, the International Bank of Qatar reported that GDP grew by 19.9% in 2011, but estimated that 2012 growth would slow to 9.8% [ 44 ]
The Indian rupee was the official currency of Dubai and Qatar until 1959, when India created a new Gulf rupee (also known as the "external rupee") to hinder the smuggling of gold. [16] The Gulf rupee was legal tender until 1966, when India significantly devalued the Indian rupee and a new Qatar-Dubai riyal was established to provide economic ...