The live mid-rate USD to QAR exchange rate is 3.6453. Compare currency conversion rates - Reduce FX costs.
The best USD to QAR exchange rate is 3.6234 from XE. This is -0.6% compared to the mid-market rate 3.6453.
As exchange rates can vary significantly between banks and also between currency exchange providers, it's therefore important to carefully compare US dollar (USD) to Qatari rial (QAR) rates from different sources before making a conversion.
Looking at our comparison table the best USD to QAR exchange rate is 3.6234 from XE, -0.6% from the mid-market rate 3.6453. The next best rate is 3.6216 from Wise, -0.65% from the mid-rate. Then Western Union with 3.5869 is -1.6% from the mid-rate.
Among the banks, the Chase Bank rate is 3.4011 at -6.7%, the Wells Fargo Bank rate is 3.3792 at -7.3%, and the Citibank rate is 3.5469 at -2.7% compared to the mid-rate 3.6453.
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 Dollar to Rial 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 USD-QAR mid-rate (see Market Data below ) and the possible savings of using various providers.
US dollar (USD) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
| Date | USD/QAR | Change | Period |
|---|---|---|---|
01 Apr 2025 | 3.6486 | 0.1% ▼ | 2 Week |
15 Jan 2025 | 3.6408 | 0.1% ▲ | 3 Month |
15 Apr 2024 | 3.6416 | 0.1% ▲ | 1 Year |
16 Apr 2020 | 3.6408 | 0.1% ▲ | 5 Year |
18 Apr 2015 | 3.6405 | 0.1% ▲ | 10 Year |
20 Apr 2005 | 3.6400 | 0.1% ▲ | 20 Year |
Here are some popular conversion amounts for USD to QAR (US dollar to Qatari rial)*.
*Converted at the current USDQAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The USD to QAR exchange rate is currently experiencing pressure, sitting near 14-day lows of approximately 3.6387, which is consistent with its three-month average. This stability comes as the dollar has traded within a narrow range of 1.7% from 3.6350 to 3.6972. Analysts suggest that recent tensions in US-China trade relations have contributed to the US dollar's decline, exacerbated by the introduction of significant tariffs by both countries. This uncertainty has raised concerns about a potential recession, undermining confidence in the dollar.
Read our full review of recent USD to QAR forecasts.
There are several ways to save on exchange rates when converting US dollar to Qatari rial:
Generally speaking, if you are buying Qatari rial with US dollar, then it's better for the USD/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 USD/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 States (USD) | 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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