HSBC AED to QAR Exchange Rates & Currency Deals

   

What is the HSBC Send Money conversion rate for AED to QAR?

The HSBC AED to QAR exchange rate is 0.9646. This is -2.7% compared to the latest AED-QAR mid-market rate 0.9914.

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 HSBC - 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 HSBC and other foreign exchange providers against the latest AED-QAR mid-rate and the possible savings of using various providers. 

How do HSBC 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 0.9854, -0.61% from the latest mid-market rate 0.9914.

The next best is Wise at 0.9565, -3.5% from the mid-rate.

Among the banks the First Abu Dhabi Bank rate is 0.9259 at -6.6% the HSBC rate is 0.9646 at -2.7% and the Citibank rate is 0.9408 at -5.1% compared to the mid-rate 0.9914.

It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally, banks like HSBC 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.

 

Compare AED to QAR Transfer Rates