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’.
USD to QAR Market Data
US dollar (USD) to Qatari rial (QAR) market data - latest interbank exchange rate, trend, chart & historic rates.
Is the USD to QAR 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 US dollar against the Qatari rial is to review how the USD/QAR rate has changed over time.
The table below shows the percentage change in the USD to QAR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Recent forecasts concerning the USD to EUR exchange rate indicate a bearish outlook for the US dollar (USD) while the euro (EUR) experiences limited strength.
Recent forecasts for the USD to JPY exchange rate indicate a bearish outlook for the US dollar, primarily driven by expectations for aggressive rate cuts by...
Current market bias: Bearish.
Key drivers:
- Upcoming Federal Reserve rate cuts are anticipated to weaken the USD due to monetary easing.
- Qatar's aligned interest rate reduction promotes QAR stability.
- Strong GDP growth forecasts linked to Qatar's liquefied natural gas production support the QAR.
Near-term range: The USD/QAR exchange rate is expected to remain stable.
What could change it: Upside risk includes rising oil prices benefiting the QAR, while downside risk may come from improving global economic sentiment boosting the USD against the QAR.
---
USD/QAR has a bearish outlook as the Fed plans rate cuts, likely weakening the USD. Qatar's rate reduction stabilizes the QAR, while strong GDP growth in LNG supports it. A stable range is expected ahead; rising oil prices could flip it upward
@bestfxrates
USD to QAR 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 US dollar are worth in Qatari rial across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
What is the
best Send Money conversion rate for USD to QAR?
The best USD to QAR exchange rate is 3.6307 from XE. This is -0.6% compared to the mid-market rate 3.6526.
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.
The above
Dollar to Rial 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 USD-QAR mid-rate and the possible savings of using various providers.
How do USD-QAR rates compare between providers?
Looking at the full
USD to QAR - Send Money comparison table the provider with the best USD to QAR exchange rate is XE at 3.6307, -0.6% from the latest mid-market rate 3.6526.
The next best is Wise at 3.6289, -0.65% 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.