Rate direction
United Arab Emirates dirham to Qatari rial · AED/QAR trend
Review the recent market direction, current mid-market rate and significant movement alerts.
90-day market context
AED to QAR at 0.9914 is near its 3-month average, having traded in a stable 0.8% range from 0.9895 to 0.9974
Currency Forecasts related to AED/QAR
USD to QAR Exchange Rate Forecast & Outlook
Currently, USD/QAR is trading close to the 3-month average, holding near its recent high within a narrow range. The pair is supported by safe-haven flows and Federal Reserve hawkish expectations.
AED to QAR Conversion: What Is Your Money Worth?
View common conversion amounts at today’s mid-market rate
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 | ﷼ 992.80 |
| د.إ 5,000 | ﷼ 4,964 |
| د.إ 20,000 | ﷼ 19,856 |
| د.إ 100,000 | ﷼ 99,280 |
More amounts
*Converted at the current AED-QAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
What is the
First Abu Dhabi Bank Send Money conversion rate for AED to QAR?
The First Abu Dhabi Bank AED to QAR exchange rate is 0.9272. This is -6.6% compared to the latest AED-QAR mid-market rate 0.9928.
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 First Abu Dhabi Bank - 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 First Abu Dhabi Bank and other foreign exchange providers against the latest AED-QAR mid-rate and the possible savings of using various providers.
How do First Abu Dhabi Bank AED-QAR rates compare between 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 0.9868, -0.6% from the latest mid-market rate 0.9928.
The next best is Wise at 0.9578, -3.5% from the mid-rate.
Among the banks the First Abu Dhabi Bank rate is 0.9272 at -6.6% the HSBC rate is 0.966 at -2.7% and the Citibank rate is 0.9421 at -5.1% compared to the mid-rate 0.9928.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like First Abu Dhabi Bank 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.