Exchange Rates In Qatar Today

There are a lot of exchanges offering to send your money overseas, so the process of sending money to your country from Qatar may seem complicated. Qatar has a lot of foreign currency providers that offer a range of services. With so many choices, it makes it easier to find the best exchange rate. Usually, there is a very small difference, but sometimes it is only a matter of Rials. When you work abroad, one of your main goals is to send money to your family back home. It is important to choose the best method for sending your hard-earned money to your family. With Qatar Local, you will be able to find the best value provider while ensuring safety and security.

We rely on reliable and strong sources of information. To provide you with the best exchange rates, we monitor market rates every single day. Providing accurate information about Qatari Exchange Rates and other local business issues is of the utmost importance to us.

No matter whether you want to know Exchange Rate QAR to INR, QAR to PHP, QAR to PKR, or other currency rates, our exchange rates table will help you arrive at the best decision. It is our goal to keep providing our customers with the most current information about our products on our website.

Qatar Local can give you information about Qatar Exchange Rates. Using our website, you can easily find everything you need to know about Qatar's Exchange Rates.

Exchange Rates in Qatar

Get the currency transfer rates of all currencies from all exchanges in Qatar at a single place and compare to choose the best rate.

Disclaimer - Live Exchange Rates may differ from Last Updated, Please confirm the exact rate with Currency Exchange Provider before doing a Transaction.

“Qatar Local is not responsible for any rate changes”

Asian Currencies
Currency INR PHP BDT PKR LKR NPR IDR Updated
National Exchange 22.10 14.90 29.37 61.11 100.30 35.45 --- Feb 02, 08:12 AM
Al Jazeera Exchange 22.40 14.76 31.05 77.35 88.00 35.95 --- Mar 28, 06:08 PM
Al Fardan Exchange 22.30 14.75 29.30 77.35 88.21 35.80 4000.00 Mar 28, 06:08 PM
Gulf Exchange 22.37 14.76 --- --- --- 35.89 4098.36 Mar 28, 06:08 PM
City Exchange 22.43 14.83 31.15 77.50 88.50 35.95 4125.00 Mar 28, 06:08 PM
Lulu Exchange 22.35 14.78 30.25 76.99 86.23 35.96 --- Mar 28, 06:08 PM
Aldar Exchange 22.41 14.81 31.11 77.42 88.85 35.93 4111.21 Mar 28, 06:08 PM

What Is The Exchange Rate

An exchange rate is a rate at which one currency is exchanged for another. The exchange rate is also viewed as the value of a nation's currency against another nation's currency.

Exchange rates are determined on the foreign exchange market, where a wide range of buyers and sellers can trade currencies continuously 24 hours a day except weekends, where trading takes place from 20:15 GMT on Sunday until 22:00 GMT on Friday. Spot exchange rates refer to current exchange rates. Forward exchange rates refer to exchange rates that are quoted and traded today but are intended to be delivered and paid at a future date.

How to Calculate Exchange Rates

Exchange rates are influenced by banks and trading institutions and the volume of currency they are buying and selling at any given time. Currencies are traded (bought and sold) daily around the world.

One currency can be purchased by another currency through banking institutions or on the open market. The volumes of currencies traded are increased and decreased depending on the attractiveness of any particular currency, which depends on a multitude of factors such as political stability, economic strength, government debt and fiscal policy among others.

Government central banks also have the ability to set a currency at a constant price through a method called pegging, which essentially tethers the value of one currency to another. The value (or price) of a currency is determined by its traded volume. If a currency is competitively priced, traders will buy the currency, essentially driving up its value. If a currency is not competitively priced, traders may avoid buying, or even sell it, essentially driving down its value.

Factors Affecting Exchange Rates

Every day, currencies are traded. Exchange rates are influenced by banks' and trading institutions' currency purchases and sales. 

A currency can be purchased using another currency either through banks or on the open market. Currency volumes fluctuate depending on factors such as political stability, economic strength, government debt, fiscal policy, and government debt. Using a method known as pegging, the central bank of a country can also fix the value of a currency. Trade volume determines a currency's value. When a currency is priced competitively, traders will purchase it, which essentially drives its value higher. The value of a currency drops if it is not competitively priced, as traders will avoid buying or even selling it.

One major factor that determines exchange rates is global demand and supply. Currency value increases as demand increases. A variety of factors affect currency demand and supply, including international trade, political stability, travel, tourism, stock market trading, natural disasters, and many more.

Countries' fiscal policies also influence exchange rates. Fiscal policy is a set of rules and actions that govern their currency. The interest rate plays an important role in exchange rate fluctuations. Demand for a particular currency is driven by favorable interest rate movements, which drive up its value.

Qatar Exchange Rate

The Qatari Riyal is the cash of Qatar. Our cash rankings show that the most famous Qatar Riyal exchange rate is the QAR to INR rate. The currency code for Rials is QAR, and the currency symbol is ﷼.‎

Currency Facts 

QAR Status

Name: Qatari Riyal

Symbol: ﷼

Minor Unit: 1/100 = Dhiram

QAR Profile

Inflation: 0.40%

Coins (Frequently Used): 1 dirham, 5 dirhams, 10 dirhams, 25 dirhams, 50 dirhams

Banknotes (Frequently Used): ﷼500, ﷼100, ﷼50, ﷼10, ﷼5, ﷼1 (1 riyal, 5 riyals, 10 riyals, 50 riyals, 100 riyals, 500 riyals)

Central Bank: Qatar Central Bank

How Can We Get the Best Currency Exchange Rate in Qatar

You need to be aware of your options for your next money transfer in order to get the best rate. There are a lot of remittance service providers out there, so it is important to pick one that suits your needs.

Qatar's best exchange rates can be found at Lulu Exchange, Al Fardan Exchange and Eastern Exchange.  

Exchange companies play a significant role in Qatar's economy. Money exchanges play a vital part in the lives of many expats in Qatar, as sending money home to family is very important to them. If you are traveling to Qatar for a holiday or any other purpose, you may need to exchange your currency for Qatari Riyals or other foreign currencies, depending on your purpose.

Here are some of Qatar's most popular currency exchange companies: 

Al Dar For Exchange works
Al Dar Exchange Website 
Al Dar Exchange Facebook 
Al Dar Exchange Twitter 
Al Dar Exchange Instagram 
Al Dar Exchange Customer Service Number: 44550455, 44550500
Download Al Dar Exchange App for Android 
Download Al Dar Exchange App for IOS 
Al Dar Exchange Branches in Qatar 

Alfardan Exchange
Alfardan Exchange Website 
Alfardan Exchange Facebook 
Alfardan Exchange Twitter 
Alfardan Exchange Instagram 
Alfardan Exchange Customer Service Number: 44537777
Download Alfardan Exchange App for Android 
Download Alfardan Exchange App for IOS 
Alfardan Exchange Branches in Qatar

Al Jazeera Exchange
Al Jazeera Exchange Website 
Al Jazeera Exchange Facebook 
Al Jazeera Exchange Twitter 
Al Jazeera Exchange Linkedin 
Al Jazeera Exchange Customer Service Number: 30005918, 77525287
Download Al Jazeera Exchange App for Android 
Download Al Jazeera Exchange App for IOS 
Al Jazeera Exchange Branches in Qatar 

Al Mana Exchange
Al Mana Exchange Website 
Al Mana Exchange Facebook 
Download Al Mana Exchange App for Android 
Download Al Mana Exchange App for IOS 

Al Mana Exchange Branches in Qatar 

Al Zaman Exchange
Al Zaman Exchange Website 
Al Zaman Exchange Facebook 
Al Zaman Exchange Customer Service Number:  44194444, 66224141, 66535344
Download Al Zaman Exchange App for Android 
Download Al Zaman Exchange App for IOS 
Al Zaman Exchange Branches in Qatar

Arabian Exchange Company
Arabian Exchange Company Website 
Arabian Exchange Company Facebook 
Arabian Exchange Company Youtube 
Arabian Exchange Company Instagram 
Arabian Exchange Company Customer Service Number: 44438300, 44438200
Download Arabian Exchange Company App for Android 
Arabian Exchange Company Branches in Qatar 

Al Mirqab Exchange Co.
Al Mirqab Exchange Website 
Al Mirqab Exchange Facebook 
Al Mirqab Exchange Customer Service Number: 44886651
Download Al Mirqab Exchange App for Android 
Download Al Mirqab Exchange App for IOS 
Al Mirqab Exchange Branches in Qatar 

Alsadd Exchange Co.
Alsadd Exchange Website 
Alsadd Exchange Facebook 
Alsadd Exchange Twitter 
Alsadd Exchange Instagram 
Alsadd Exchange Customer Service Number: 44323335, 44323336
Download Alsadd Exchange App for Android 
Download Alsadd Exchange App for IOS 
Alsadd Exchange Location and Contact Details 

City Exchange Co.
City Exchange Qatar Website 
City Exchange Qatar Facebook 
City Exchange Qatar Instagram 
City Exchange Qatar Customer Service Number: 44769777 (10 Lines)
Download City Exchange Qatar App for Android 
City Exchange Qatar Branches in Qatar 

Doha Exchange Co.
Doha Exchange Website 
Doha Exchange Facebook 
Doha Exchange Linkedin 
Doha Exchange Instagram 
Doha Exchange Customer Service Number: 33285194, 33265896
Download Doha Exchange App for Android 
Download Doha Exchange App for IOS 
Doha Exchange Branches in Qatar 

Eastern Exchange
Eastern Exchange Website 
Eastern Exchange Facebook 
Eastern Exchange Customer Service Number: 44439593, 44323354, 44412655
Download Eastern Exchange App for Android 
Download Eastern Exchange App for IOS 
Eastern Exchange Branches in Qatar

Gulf Exchange
Gulf Exchange Qatar Website 
Gulf Exchange Qatar Facebook 
Gulf Exchange Qatar Twitter 
Gulf Exchange Qatar Instagram 
Gulf Exchange Youtube 
Gulf Exchange Customer Service Number: 44383222
Download Gulf Exchange Qatar App for Android 
Download Gulf Exchange Qatar App for IOS 
Gulf Exchange Branches in Qatar 

Habib Qatar International Exchange
Habib Qatar International Exchange Website 
Habib Qatar International Exchange Facebook 
Habib Qatar International Exchange Customer Service Number: 44425151, 44631978
Download Habib Qatar International Exchange App for Android 
Habib Qatar International Exchange Branches in Qatar 

Islamic Exchange Co.
Islamic Exchange Website 
Islamic Exchange Facebook 
Islamic Exchange Instagram 
Islamic Exchange Customer Service Number: 44426177, 44422718
Islamic Exchange Branches in Qatar

Lulu Exchange Qatar
Lulu Exchange Qatar Website 
Lulu Exchange Qatar Facebook 
Lulu Exchange Qatar Instagram 
Lulu Exchange Qatar Customer Service Number: 44945888 
Download Lulu Exchange Qatar App for Android 
Download Lulu Exchange Qatar App for IOS 
Lulu Exchange Branches in Qatar

Lari Exchange Co.
Lari Exchange Branches in Qatar 

National Exchange Qatar
National Exchange Qatar Website 
National Exchange Qatar Twitter 
National Exchange Qatar Linkedin 
National Exchange Qatar Customer Service Number: 44410965, 44416403 
Download National Exchange Qatar App for Android 
Download National Exchange Qatar App for IOS 
National Exchange Branches in Qatar

Travelex
Travelex Exchange Website 
Travelex Exchange Instagram 
Travelex Exchange Customer Service Number: 44981181
Download Travelex Exchange App for Android 
Travelex Exchange Branches in Qatar 

Trust Exchange
Trust Exchange Website 
Trust Exchange Facebook 
Trust Exchange Instagram 
Customer Service Number: 33365187, 55907270, 50512796
Download Trust Exchange App for Android 
Download Trust Exchange App for IOS 
Trust Exchange Branches in Qatar

Unimoni Qatar
Unimoni Qatar Website 
Unimoni Qatar Facebook 
Unimoni Qatar Instagram 
Unimoni Qatar Customer Service Number: 44365252, 66262470
Download Unimoni Qatar App for Android 
Download Unimoni Qatar App for IOS 
Unimoni Qatar Branches in Qatar 

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