Understanding the Different Currencies Called "Riyals" in the Middle East

Riyals (also spelled rials or riyals) is the name of the currency of several countries, including:

1. Saudi Arabia: The Saudi riyal (SAR) is the official currency of Saudi Arabia.
2. Oman: The Omani riyal (OMR) is the official currency of Oman.
3. Yemen: The Yemeni riyal (YER) is the official currency of Yemen.
4. Bahrain: The Bahraini dinar (BHD) is the official currency of Bahrain, but it is also sometimes referred to as a "riyal".
5. Qatar: The Qatari riyal (QAR) is the official currency of Qatar.

All of these currencies are pegged to the US dollar, meaning that their value is fixed relative to the US dollar.

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