The Qatar Central Bank (QCB) announced putting the fifth issue of the Qatari currency into circulation to coincide with the Qatar National Day celebration.
Executive Director of the Public Debt, Banking Affairs and Issuance at QCB Mohamed Jassim Al Kuwari said at a press conference that the new issue contains seven categories of banknotes, these are 1, 5, 10, 20, 50, 100, 200, and 500 Riyal, pointing that pursuant to the provisions of Articles (54 and 55) of the Qatar Central Bank Law and Regulation of Financial Institutions promulgated by Law No. (13) of 2012, it has been decided to withdraw banknotes from the fourth edition of circulation within a period of 90 days from the date of the new offering of the fifth issue on 12/18/2020.