#FXupdate: EUR/QAR hits new highs at 4.1923, up 7.1% from 3M avg. Analysts cite Ukraine war & ECB rate cuts as key drivers. Watch for impact of US tariffs & oil prices (down 8.4%) on future EUR movements, say economists
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EUR to QAR Market Data
Euro (EUR) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell EUR →
Buy QAR
1 EUR
=
4.1747We compare provider deals to this wholesale mid-market rate. Read more
QAR▲+1.0% since yesterday
90d-highs
EUR to QAR is at 90-day highs near 4.1923, 7.1% above its 3-month average of 3.9129, having traded in a quite volatile 11.7% range from 3.7518 to 4.1923
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| Date | EUR/QAR | Change | Period |
|---|---|---|---|
08 Apr 2025 | 4.0055 | 4.9% ▲ | 2 Week |
22 Jan 2025 | 3.7915 | 10.8% ▲ | 3 Month |
22 Apr 2024 | 3.8790 | 8.3% ▲ | 1 Year |
23 Apr 2020 | 3.9228 | 7.1% ▲ | 5 Year |
25 Apr 2015 | 3.9585 | 6.1% ▲ | 10 Year |
27 Apr 2005 | 4.7080 | 10.8% ▼ | 20 Year |
What are equivalent amounts of EUR and QAR?
Here are some popular conversion amounts for EUR to QAR (Euro to Qatari rial)*.
*Converted at the current EURQAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
Forecasts for EUR to QAR
The EUR to QAR exchange rate has reached notable highs, currently trading around 4.1923, which represents a significant increase of 7.1% above its 3-month average of 3.9129. This upward movement occurs amid heightened volatility, with fluctuations observed in a range of 11.7% from 3.7518 to 4.1923. Analysts suggest that this trend is partly influenced by geopolitical factors, notably the ongoing war in Ukraine, which continues to exert pressure on the Eurozone's economy. As the conflict endures into 2025, economic uncertainty tied to energy supply disruptions and sanctions on Russia may persist, further affecting the euro’s stability.
Read our full review of recent EUR to QAR forecasts.
How to get a good EUR to QAR exchange rate
There are several ways to save on exchange rates when converting Euro to Qatari rial:
- Shop around for the best EUR/QAR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
- Timing is important: Keep an eye on the EUR/QAR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
- Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
- Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both EUR and QAR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
- Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.
The key is reducing excessive costs and fees
Generally speaking, if you are buying Qatari rial with Euro, then it's better for the EUR/QAR exchange rate to be higher.
However working against you are the fees all foreign exchange providers charge for providing their service. These fees is usually contained within the exchange rate margin (or difference to the mid-rate).
The transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.
Read our Currency guide to Qatar — a practical currency and money guide to travel in Qatar plus living and doing business with the Qatari rial.
It's worth noting that while these tips can help you save on exchange rates, it's important to be aware that no single method is guaranteed to provide the best exchange rate in every situation, and it may require some research and comparison-shopping to find the best option for your specific needs.
Will the Euro rise against the Qatari rial?
It is almost impossible to predict what an exchange rate will do in the future, the best approach is to monitor the currency markets and transact when an exchange rate moves in your favour.
To help with this you can add EUR/QAR to your personalised Rate Tracker to track and benefit from currency movements.
Track Rate
Rather than requiring you to set a target rate, our Rate Alerts keep you informed of recent trends and movements of currency pairs.
Add rates to your Rate Tracker and select to receive an daily email (mon-fri) or when a rate is trending
Currency Country Guides
| Eurozone (EUR) | Qatar (QAR) |
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.
Read more at our Qatar (QAR) country guide
Related exchange rates
Forecasts disclaimer: Please be advised that the forecasts and analysis of market data presented on BestExchangeRates.com are solely a review and compilation of forecasts from various market experts and economists. These forecasts are not meant to reflect the opinions or views of BestExchangeRates.com or its affiliates, nor should they be construed as a recommendation or advice to engage in any financial transactions. Read more
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