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    Best USD to QAR Exchange Rates Compared Live

    The live mid-rate USD to QAR exchange rate is 3.6424. Compare currency conversion rates - Reduce FX costs.

    USD-QAR Search & Compare
     
     

    What is the best Send Money conversion rate for USD to QAR?

    The best USD to QAR exchange rate is 3.6205 from XE. This is -0.6% compared to the mid-market rate 3.6424.

    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.

    How do USD-QAR rates compare between providers?

    Looking at our comparison table the best USD to QAR exchange rate is 3.6205 from XE, -0.6% from the mid-market rate 3.6424. The next best rate is 3.6187 from Wise, -0.65% from the mid-rate. WorldRemit with 3.555 is -2.4% from the mid-rate.

    The Western Union rate is 3.5841 which is -1.6% from the mid-rate.

    Among the banks, the Citibank rate is 3.5441 at -2.7%, the Chase Bank rate is 3.3984 at -6.7%, and the Wells Fargo Bank rate is 3.3765 at -7.3% 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.

     

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    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. 

     
     
     

    USD to QAR Market Data

    US dollar (USD) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.

     
    1 USD =
    3.6424We compare provider deals to this wholesale mid-market rate. Read more
    QAR
    —
    USD to QAR at 3.6424 is near its 3-month average, having traded in a quite stable 4.6% range from 3.5061 to 3.6669
    |
    Sell USD   →   Buy QAR
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      1 QAR = 0.2745 USD
    DateUSD/QARChangePeriod
    20 Nov 2024
    3.6420
    		0.3% ▲2 Week
    05 Sep 2024
    3.6418
    		0.3% ▲3 Month
    05 Dec 2023
    3.6421
    		0.3% ▲1 Year
    06 Dec 2019
    3.6408
    		0.3% ▲5 Year
    07 Dec 2014
    3.6417
    		0.3% ▲10 Year
    09 Dec 2004
    3.6400
    		0.3% ▲20 Year
    USD/QAR historic rates & change to 04-Dec-2024
     

    What are equivalent amounts of USD and QAR?

    Here are some popular conversion amounts for USD to QAR (US dollar to Qatari rial)*.

    USD QAR
    $ 1 ﷼ 3.6424
    $ 5 ﷼ 18.21
    $ 10 ﷼ 36.42
    $ 20 ﷼ 72.85
    $ 50 ﷼ 182.12
    $ 100 ﷼ 364.24
    $ 250 ﷼ 910.60
    $ 500 ﷼ 1,821
    $ 1,000 ﷼ 3,642
    $ 2,000 ﷼ 7,285
    $ 5,000 ﷼ 18,212
    $ 10,000 ﷼ 36,424
    $ 20,000 ﷼ 72,848
    $ 50,000 ﷼ 182,120
    $ 100,000 ﷼ 364,240
    USD QAR
    $ 0.2745 ﷼ 1
    $ 1.3725 ﷼ 5
    $ 2.7450 ﷼ 10
    $ 5.4900 ﷼ 20
    $ 13.73 ﷼ 50
    $ 27.45 ﷼ 100
    $ 68.63 ﷼ 250
    $ 137.25 ﷼ 500
    $ 274.50 ﷼ 1,000
    $ 549.00 ﷼ 2,000
    $ 1,373 ﷼ 5,000
    $ 2,745 ﷼ 10,000
    $ 5,490 ﷼ 20,000
    $ 13,725 ﷼ 50,000
    $ 27,450 ﷼ 100,000

    More amounts

    *Converted at the current USDQAR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

     
     

    Forecasts for USD to QAR

     

    The USD to QAR exchange rate has recently shown stability, hovering around 3.6424, which is in line with its three-month average. This indicates a relatively narrow trading range of 4.6%, between 3.5061 and 3.6669. Analysts attribute the USD's strength to a combination of disappointing US economic data that raised concerns but ultimately did not detract from the broader expectations of an inflationary environment under the new US administration. With President Trump’s policies suggesting a bullish outlook for the dollar, including potential tax cuts and tariffs, market sentiment remains cautiously optimistic about further USD gains. Strategists from major financial institutions such as JPMorgan, Goldman Sachs, and Citi foresee that the US dollar may continue to strengthen, especially if inflation expectations remain elevated.

    Read our full review of recent USD to QAR forecasts.

     
    QAR and flag

    How to get a good USD to QAR exchange rate

    There are several ways to save on exchange rates when converting US dollar to Qatari rial:

    1. Shop around for the best USD/QAR exchange rate: Exchange rates can vary significantly between different currency exchange providers, so it's important to compare rates from different sources before making a conversion.
    2. Timing is important: Keep an eye on the USD/QAR rate on currency markets, as exchange rates can fluctuate frequently. Try to make your transactions when the exchange rate is in your favor. You can do this easily with our BER Smart Rate Tracker.
    3. Use a credit/debit or travel card that doesn't charge foreign transaction fees: Some credit cards charge additional fees for transactions made in a foreign currency, so it's important to check with your card issuer to see if they charge these fees and what their exchange rate is.
    4. Use a multi-currency account: Having a multi-currency account allows you to hold and transfer money in both USD and QAR at close to the interbank rate. It also allows you to make payments or withdrawals in the local currency while avoiding high conversion fees.
    5. Buy currency in advance: If you know that you will need foreign currency in the future, consider buying it in advance when the exchange rate is favorable.

    The key is reducing excessive costs and fees

    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, living and doing business in Qatar 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.

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    Compare Rates

    Will the US dollar rise against the Qatari rial?

    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.

     
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    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

     
     

    Currency Country Guides

    United StatesUnited States (USD)QatarQatar (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

       
     
     
     

    Related exchange rates

    QAR/USD
    0.2745
    —
    USD/JPY
    150.33
    ▲+0.7%
    USDJPY 90 day chart
    USD/CAD
    1.4074
    ▲+0.1%
    14d-highs
    USDCAD 90 day chart
    USD/EUR
    0.9513
    —
    USDEUR 90 day chart
    USD/MXN
    20.30
    ▼-0.1%
    USDMXN 90 day chart

    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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