Crédit Agricole QAR to USD Exchange Rates & Currency Deals
QAR-USD Rate Calculator
Understanding the Table:
The comparison table above helps you see the total cost of your Crédit Agricole 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’.
QAR to USD Market Data
Qatari rial (QAR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the QAR to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Qatari rial against the US dollar is to review how the QAR/USD rate has changed over time.
The table below shows the percentage change in the QAR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The exchange rate forecast for the Qatari Riyal (QAR) against the US Dollar (USD) reflects a mixture of local economic measures and broader global trends affecting currencies.
Current market bias: Bearish.
Key drivers:
- Upcoming Federal Reserve rate cuts are anticipated to weaken the USD due to monetary easing.
- Qatar's aligned interest rate reduction promotes QAR stability.
- Strong GDP growth forecasts linked to Qatar's liquefied natural gas production support the QAR.
Near-term range: The USD/QAR exchange rate is expected to remain stable.
What could change it: Upside risk includes rising oil prices benefiting the QAR, while downside risk may come from improving global economic sentiment boosting the USD against the QAR.
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USD/QAR has a bearish outlook as the Fed plans rate cuts, likely weakening the USD. Qatar's rate reduction stabilizes the QAR, while strong GDP growth in LNG supports it. A stable range is expected ahead; rising oil prices could flip it upward
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QAR to USD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Qatari rial are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different QAR amounts at today’s rate * :
What is the
best Send Money conversion rate for QAR to USD?
The best QAR to USD exchange rate is 0.273 from XE. This is -0.58% compared to the mid-market rate 0.2746.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Qatari rial (QAR) to US dollar (USD) rates from different sources before making a conversion.
The above
Crédit Agricole - Rial to Dollar comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
Crédit Agricole and other foreign exchange providers against the latest QAR-USD mid-rate and the possible savings of using various providers.
How do Crédit Agricole QAR-USD rates compare between providers?
Looking at the full
QAR to USD - Send Money comparison table the provider with the best QAR to USD exchange rate is XE at 0.273, -0.58% from the latest mid-market rate 0.2746.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks like Crédit Agricole 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.