The Citibank GBP to QAR rate is 4.7202. This is -2.6% below the mid-rate. Compare Citibank currency conversion rates - Reduce FX costs.
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The Citibank GBP to QAR exchange rate is 4.7202. This is -2.6% compared to the latest GBP-QAR mid-market rate 4.8462.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare British pound (GBP) to Qatari rial (QAR) rates from different sources before making a conversion.
Looking at our comparison table the best GBP to QAR exchange rate is 4.8171 from XE, -0.6% from the mid-market rate 4.8462. The next best rate is 4.8123 from Wise, -0.7% from the mid-rate. Then Currencies Direct with 4.8074 is -0.8% from the mid-rate.
The Western Union rate is 4.7735 which is -1.5% from the mid-rate.
Among the banks, the Lloyds Bank rate is 4.6039 at -5%, the Royal Bank of Scotland rate is 4.633 at -4.4%, and the Barclays Bank rate is 4.6766 at -3.5% compared to the mid-rate 4.8462.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like Citibank 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.
The Citibank Sterling to Rial comparison table above makes it easy to compare the Total Fees (both variable and fixed) you are being charged by Citibank and other foreign exchange providers against the latest GBP-QAR mid-rate (see Market Data below ) and the possible savings of using various providers.
Citibank's exchange rates for wire transfers are generally competitive and transparent, which makes it a good choice for customers who need to send or receive money internationally. However, it's always a good idea to compare rates and fees across different banks and financial institutions to ensure you're getting the best deal possible.
FX Order Watch: Citibank's FX Order Watch allows customers to set their own exchange rates and automatically execute foreign exchange transactions when the desired exchange rate is reached.
When you get a quote for your Citibank Wire Transfer from their website or in-app, you will see the Citibank exchange rate, but it can be difficult to then calculate how much mark-up you are being charged.
While all banks charge this mark-up, the extra amount being charged is much higher than it would be with a global money transfer specialist.
Sending or receiving international transfers to or from your Citibank bank account will include a margin rate of between 3.5% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).
British pound (GBP) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | GBP/QAR | Change | Period |
|---|---|---|---|
30 Apr 2025 | 4.8502 | 0.1% ▼ | 2 Week |
13 Feb 2025 | 4.5775 | 5.9% ▲ | 3 Month |
14 May 2024 | 4.5830 | 5.7% ▲ | 1 Year |
15 May 2020 | 4.4078 | 9.9% ▲ | 5 Year |
17 May 2015 | 5.7288 | 15.4% ▼ | 10 Year |
19 May 2005 | 6.6874 | 27.5% ▼ | 20 Year |
Here are some popular conversion amounts for GBP to QAR (British pound to Qatari rial)*.
*Converted at the current GBPQAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The GBP to QAR exchange rate has recently experienced notable volatility and trends influenced by various factors, including geopolitical events, employment data, and commodity prices. As of now, the GBP stands at 4.8458 QAR, which is 2.4% higher than its three-month average of 4.7301. Analysts note that over recent months, the GBP/QAR pair has fluctuated within a range of 8.2%, trading between 4.5308 and 4.9014.
Read our full review of recent GBP to QAR forecasts.
There are several ways to save on exchange rates when converting British pound to Qatari rial:
Generally speaking, if you are buying Qatari rial with British pound, then it's better for the GBP/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.
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 GBP/QAR to your personalised Rate Tracker to track and benefit from currency movements.
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
| United Kingdom (GBP) | 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
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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