Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
British pound (GBP) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
GBP/QAR Outlook: Slightly positive, but likely to move sideways as the rate remains above its recent average and lacks a clear driver for further movement.
GBP/USD Outlook: The outlook is likely to increase, supported by the pound trading well above its recent average and near its recent highs.
USD/QAR Outlook: Likely to move sideways, as the exchange rate is near its recent average and subject to mixed signals.
To help you understand the real-world value of the current exchange rate, the table below shows how much British pound are worth in Qatari rial across a range of amounts.
This gives a quick view of what you’d get when converting different GBP amounts at today’s rate * :
*Converted at the current GBP-QAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best GBP to QAR exchange rate is 4.9989 from XE. This is -0.6% compared to the mid-market rate 5.0291.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Qatari rial (QAR) rates from different sources before making a conversion.
The above Sterling to Rial comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by banks and other foreign exchange providers against the latest GBP-QAR mid-rate and the possible savings of using various providers.
Looking at the full GBP to QAR - Send Money comparison table the provider with the best GBP to QAR exchange rate is XE at 4.9989, -0.6% from the latest mid-market rate 5.0291.
The next best is Wise at 4.9989, -0.6% from the mid-rate.
Then Western Union at 4.9536, which is -1.5% from the mid-rate.
Among the banks the Lloyds Bank rate is 4.7776 at -5% the Royal Bank of Scotland rate is 4.8078 at -4.4% and the Barclays Bank rate is 4.7927 at -4.7% compared to the mid-rate 5.0291.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate. For more competitive rates, you might consider using a specialized currency exchange service or platforms that offer rates closer to the mid-market rate.
View a full list of exchange rates by selecting your Base (from) currency:
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