Skip to main content

QAR to USD - Qatari Rial to US Dollar Converter

Convert Qatari Rial to US Dollar with daily ECB exchange rates

1 QAR = ~0.2747 USD (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

The peg keeps QAR and USD close. For quick estimates, 1 QAR is roughly $0.27.

Use the fixed-peg rule of thumb: 1 QAR ≈ 0.27 USD.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common QAR - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Closed
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Key drivers include central bank policy from the QCB and the Fed, energy prices, inflation differentials, and global risk sentiment. Supply and demand for USD in international trade also shapes the rate.

Economic Context

Trading Relationship

The US and Qatar engage in energy, logistics, and financial services trade. The USD/QAR pair influences pricing and settlement of cross-border transactions, with the peg contributing to steady exchange conditions.

Key Rate Factors

  • •Federal Reserve policy decisions
  • •Qatar Central Bank monetary policy
  • •US-Qatar trade balance and energy revenues
  • •Global oil and gas price trends
  • •Market risk sentiment and safe-haven flows

Central Banks

Qatar Central Bank
Doha, Qatar
Sets monetary policy, manages liquidity, and supervises banks to ensure financial stability.
Federal Reserve System
Washington, D.C., United States
The US central bank. Sets monetary policy, controls inflation, and acts as lender of last resort.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates