The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
QAR to USD Market Data
Qatari rial (QAR) to US dollar (USD) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the QAR to USD Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Qatari rial against the US dollar is to review how the QAR/USD rate has changed over time.
The table below shows the percentage change in the QAR to USD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
The exchange rate forecast for the Qatari Riyal (QAR) against the US Dollar (USD) reflects a mixture of local economic measures and broader global trends affecting currencies.
Current market bias: The USD to QAR exchange rate is currently range-bound.
Key drivers:
- Interest rate differential is narrowing as Qatar cut rates and the Fed is expected to follow.
- Qatar’s economic growth is strong, especially with increased LNG production planned.
- Softer US inflation figures continue to add pressure on the USD.
Near-term range: Expect stable trading, reflecting the current exchange rate.
What could change it: An unexpected boost in US economic indicators could strengthen the USD, while global geopolitical tensions affecting oil prices could weaken the QAR.
---
USD to QAR is currently range-bound as Qatar's recent rate cut narrows the interest gap with the USD. Strong growth outlook from increased LNG production and softer US inflation keep pressure on the greenback. Upside risks include improved US data; downside risks are from geopolitical tensions
@bestfxrates
QAR to USD Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Qatari rial are worth in US dollar across a range of amounts.
This gives a quick view of what you’d get when converting different QAR amounts at today’s rate * :
What is the
best Send Money conversion rate for QAR to USD?
The best QAR to USD exchange rate is 0.273 from XE. This is -0.58% compared to the mid-market rate 0.2746.
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 US dollar (USD) rates from different sources before making a conversion.
The above
Rial to Dollar comparison table
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-USD mid-rate and the possible savings of using various providers.
How do QAR-USD rates compare between providers?
Looking at the full
QAR to USD - Send Money comparison table the provider with the best QAR to USD exchange rate is XE at 0.273, -0.58% from the latest mid-market rate 0.2746.
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.