What is the best Send Money conversion rate for QAR to INR?
The best QAR to INR exchange rate is 23.23 from XE. This is -0.6% compared to the mid-market rate 23.37.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare Qatari rial (QAR) to Indian rupee (INR) rates from different sources before making a conversion.
How do QAR-INR rates compare between providers?
Looking at our comparison table the best QAR to INR exchange rate is 23.23 from XE, -0.6% from the mid-market rate 23.37. The next best rate is 22.93 from WorldRemit, -1.9% 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.
The Rial to Rupee comparison table above 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 QAR-INR mid-rate (see Market Data below ) and the possible savings of using various providers.