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Qatar - Qatari Rial - Currency Guide

 

Foreign exchange guide to Qatar and the Qatari Rial (QAR)

     

QAR News, Forecasts and Trends

The below interactive chart shows the USD to QAR exchange rate, trend and recent alerts for the last 90 days.

   
Recent USD to QAR 90-day trend
 
ALERT:14-DAY LOWS |
USD/QAR at 3.641 was trading near AVG:3.6412 with LO:3.6328 and HI:3.6696 (90 days). ALERT: USD/QAR dropped to 14-DAY LOWS.

US Dollar to Qatari Rial - Historical Rates

USD/QARPeriod to 28-MayDateRate
no change1 Week21 May 20203.6410
0% ▲30 Days28 Apr 20203.6408
0% ▼90 Days28 Feb 20203.6413
no change1 Year29 May 20193.6410
0% ▲5 Years30 May 20153.6403
0% ▲10 Years31 May 20103.6400
USD/QAR 10 year rates & changes to 28-May-2020 (3.6410)

US Dollar to Qatari Rial - Quick Conversions

USD QAR
U$ 1 3.6410
U$ 5 18.21
U$ 10 36.41
U$ 20 72.82
U$ 50 182.05
U$ 100 364.10
U$ 250 910.25
U$ 500 1,821
U$ 1,000 3,641
U$ 2,000 7,282
U$ 5,000 18,205
U$ 10,000 36,410
U$ 50,000 182,050
U$ 100,000 364,100
More amounts
USD QAR
U$ 0.2746 ﷼ 1
U$ 1.3730 ﷼ 5
U$ 2.7460 ﷼ 10
U$ 5.4920 ﷼ 20
U$ 13.73 ﷼ 50
U$ 27.46 ﷼ 100
U$ 68.65 ﷼ 250
U$ 137.30 ﷼ 500
U$ 274.60 ﷼ 1,000
U$ 549.20 ﷼ 2,000
U$ 1,373 ﷼ 5,000
U$ 2,746 ﷼ 10,000
U$ 13,730 ﷼ 50,000
U$ 27,460 ﷼ 100,000
More amounts

Frequently Asked Questions

 

What currency should I use in Qatar?

The domestic currency in Qatar is the Qatari Rial.

What is the Qatari Rial currency code and symbol?

The three letter currency code for the Qatari Rial is QAR — symbol is .

Which countries use the Qatari Rial?

It is the domestic currency in    Qatar.

Is the Qatari Rial a closed currency?

No, the Qatari Rial is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Qatar

Travel money for Qatar

Save money and time by Ordering your Qatari Rial online from Travelex, you get better rates and can pick up the QAR cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Qatari Rial otherwise you may get much worst exchange rates.

 

Sending money to Qatar

When searching around for information on how to get a good exchange rate when sending money to Qatar you need to start with finding out the latest Qatari Rial foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).

The Qatari riyal (QAR) is fully convertible, and Qatar does not restrict overseas transfers of funds from capital gains, interest, dividends, royalties or management fees. The Qatari riyal has been pegged to the US dollar (USD) at a rate of QR3.64 per US$1 since 1980.


Get a better deal for foreign transfers to Qatar

When sending money to Qatar it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Qatari Rial amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted QAR amount will be transfered to the recipient account you specify in Qatar.

Use our Send to Qatari Rial calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Qatari Rial deposited into the recipient bank account and less margins and fees kept by the banks!


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