Foreign Exchange Guide to Qatar

This currency guide to Qatar helps you choose the best way to save money on QAR transfers and travel money.    [HKD/QAR=0.4682]

 
Qatar
Country Code:
QA
Domestic Currency:
Qatari Rial
Symbol - Code:
﷼ QAR
Telephone Prefix:
+974

This is a foreign exchange guide to Qatar, the Qatari Rial currency plus sending QAR transfers and travel tips.

In this Qatar currency guide we take a look at :

  1. Qatari Rial info - general info about the Qatari Rial
  2. Qatari Rial in the markets - recent QAR moves and predictions from the FX markets
  3. Travelling in Qatar - currency & money saving tips
  4. Buying Qatari Rial cash online - travel money for Qatar
  5. Sending money to Qatar - save on Qatari Rial bank transfers to Qatar
  6. Qatari Rial exchange rates - latest & historic exchange rates.

Qatari Rial (QAR) general currency information


What is the Qatari Rial currency code and symbol?

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


Which countries use the Qatari Rial?

It is the domestic currency in Qatar.


Qatari Rial (QAR) in the markets

The interactive chart below shows the HKD to QAR exchange rate and trend for the previous 3 months:

HKD/QAR at 0.4683 is trading 0.4% above the 90-day average 0.4663 with a range 0.4642 to 0.4688. There are no current rate alerts.
28-Jan-2020 16:NY 21:LON 08:SYD+1d

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.

   

Qatar Trip Checklist    

 
  1. Compare QAR travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Qatar
  3. Lonely Planet - world's best travel guide (coupon and deals)

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 QAR 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!

   

Bank Transfers to Qatar

Compare Transfer Rates

 

Qatari Rial to United States Dollar - Historical Rates

PeriodQAR/USDDate
1 Day0.274727 Jan 2020
7 Day0.274721 Jan 2020
30 Day0.274729 Dec 2019
3 Month0.274730 Oct 2019
1 Year0.274628 Jan 2019
5 Year0.274629 Jan 2015
10 Year0.274730 Jan 2010

Qatari Rial to Euro - Historical Rates

PeriodQAR/EURDate
1 Day0.249227 Jan 2020
7 Day0.247821 Jan 2020
30 Day0.245629 Dec 2019
3 Month0.246330 Oct 2019
1 Year0.240328 Jan 2019
5 Year0.242529 Jan 2015
10 Year0.197530 Jan 2010

Qatari Rial to British Pound Sterling - 10 Year History

PeriodQAR/GBPDate
1 Day0.210327 Jan 2020
7 Day0.210521 Jan 2020
30 Day0.209829 Dec 2019
3 Month0.212930 Oct 2019
1 Year0.208728 Jan 2019
5 Year0.182229 Jan 2015
10 Year0.171130 Jan 2010

Qatari Rial to Australian Dollar - Historical Rates

PeriodQAR/AUDDate
1 Day0.406227 Jan 2020
7 Day0.401121 Jan 2020
30 Day0.393429 Dec 2019
3 Month0.398230 Oct 2019
1 Year0.383328 Jan 2019
5 Year0.353529 Jan 2015
10 Year0.309230 Jan 2010

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