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 details and click ‘Compare’.
Save Money - Compare Exchange Rate Margins & Fees
Sending money to Qatar can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Qatar bank accounts or pay a Qatari rial invoice.
EUR to QAR Market Data
Euro (EUR) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the EUR to QAR 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 Euro against the Qatari rial is to review how the EUR/QAR rate has changed over time.
The table below shows the percentage change in the EUR to QAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
EUR/QAR
Change
Period
22 May 2025
4.1189
1% ▲
2 Week
07 Mar 2025
3.9445
5.5% ▲
3 Month
05 Jun 2024
3.9615
5.1% ▲
1 Year
06 Jun 2020
4.1112
1.2% ▲
5 Year
08 Jun 2015
4.1085
1.3% ▲
10 Year
10 Jun 2005
4.4188
5.8% ▼
20 Year
EUR/QAR historic rates & change to 05-Jun-2025
#FX Update: EUR/QAR trading at 4.1626, 2.4% above 3mo avg. Euro gains on +PMI data & USD weakness, but analysts warn upcoming ECB rate cuts could reverse momentum. Stable 7% range (3.9170-4.1920) good for businesses managing currency exposure
To help you understand the real-world value of the current exchange rate, the table below shows how much Euro are worth in Qatari rial across a range of amounts.
This gives a quick view of what you’d get when converting different EUR amounts at today’s rate * :
What is the
best Send Money conversion rate for EUR to QAR?
The best EUR to QAR exchange rate is 4.1355 from XE. This is -0.6% compared to the mid-market rate 4.1604.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Euro (EUR) to Qatari rial (QAR) rates from different sources before making a conversion.
The above
Euro 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 EUR-QAR mid-rate and the possible savings of using various providers.
How do EUR-QAR rates compare between providers?
Looking at the
full comparison table
the best EUR to QAR exchange rate is 4.1355 from XE, -0.6% from the mid-market rate 4.1604. The next best rate is 4.1313 from Wise, -0.7% from the mid-rate. Then Currencies Direct with 4.1272 is -0.8% from the mid-rate.
The Western Union rate is 4.098 which is -1.5% from the mid-rate.
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: