Understanding the Table:
The comparison table above helps you see the total cost of your HSBC 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’.
United Arab Emirates dirham (AED) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Bias: Range-bound, with USD/QAR near its ninety-day average and in the middle of the three-month range.
To help you understand the real-world value of the current exchange rate, the table below shows how much United Arab Emirates dirham are worth in Qatari rial across a range of amounts.
This gives a quick view of what you’d get when converting different AED amounts at today’s rate * :
| AED | QAR |
|---|---|
| د.إ 1,000 | ﷼ 990.00 |
| د.إ 5,000 | ﷼ 4,950 |
| د.إ 20,000 | ﷼ 19,800 |
| د.إ 100,000 | ﷼ 99,000 |
More amounts
*Converted at the current AED-QAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The HSBC AED to QAR exchange rate is 0.9355. This is -5.5% compared to the latest AED-QAR mid-market rate 0.9900.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare United Arab Emirates dirham (AED) to Qatari rial (QAR) rates from different sources before making a conversion.
The above HSBC - United Arab Emirates dirham to Rial comparison table makes it easy to compare the Total Fees (both variable and fixed) you are being charged by HSBC and other foreign exchange providers against the latest AED-QAR mid-rate and the possible savings of using various providers.
Looking at the full AED to QAR - Send Money comparison table the provider with the best AED to QAR exchange rate is XE at 0.984, -0.61% from the latest mid-market rate 0.9900.
The next best is Wise at 0.9551, -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 0.9246 at -6.6% the HSBC rate is 0.9355 at -5.5% and the Citibank rate is 0.9395 at -5.1% compared to the mid-rate 0.9900.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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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