The Qatari Riyal (QAR) has been the official currency of Qatar since 1973.
Historically, the exchange rate between QAR and USD has fluctuated over the years.
In 2010, the exchange rate was approximately 3.64 QAR to 1 USD.
This rate remained relatively stable until 2014, when the oil price drop led to a significant depreciation of the Qatari Riyal.
The current exchange rate is around 3.65 QAR to 1 USD, as of the latest update.
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Conversion Rates
The conversion rate of QAR to USD is a crucial factor to consider when exchanging currency. The exchange rate can fluctuate over time, as seen in the last 30 and 90 days, with a high of 0.27539 and a low of 0.27394, averaging 0.27448.
You can convert QAR to USD using various conversion rates. For example, 100 QAR is equivalent to 27.467 USD, while 500 QAR is equivalent to 137.33 USD.
To give you a better idea of the conversion rates, here's a breakdown of the exchange rates for different amounts of QAR:
Keep in mind that these conversion rates are subject to change and may not reflect the current exchange rate. It's always a good idea to check the current exchange rate before making a transaction.
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Historical Data
Historical data is a crucial aspect of understanding the Qatari Rial to US Dollar exchange rate.
According to the historical data, the exchange rate for 1 Qatari Rial to the US Dollar has fluctuated over the past few days. On Sunday, January 5th, 2025, the exchange rate was 0.27476022 USD.
The exchange rate has varied from 0.27323711 USD on Monday, December 30th, 2024, to 0.27476022 USD on Sunday, January 5th, 2025. This indicates a relatively stable exchange rate over the past week.
Here's a summary of the exchange rate for the last week:
Historical Rate Data
Historical Rate Data is a treasure trove of information for those interested in understanding the fluctuations of the Qatari Rial to US Dollar exchange rate.
The data shows that the highest QAR to USD exchange rate in the last year was 0.2754 US Dollars per Qatari Rial on December 25, 2024.
You can also view the exchange rate history for the last 30 or 90 days, which provides a more detailed breakdown of the rate fluctuations.
Additional reading: Euro to Qatari Riyal
According to the data, the high point for the QAR/USD rate over the last 30 days was $0.27539 and the low point was $0.27394, with an average rate of $0.27448.
Over the last 90 days, the QAR to USD exchange rate peaked at $0.27539 and dipped to a low of $0.27361, averaging $0.27452.
If you're looking for a specific year's exchange rate, you can click on the corresponding link to view the rates for that year.
Here's a summary of the highest and lowest QAR to USD exchange rates in the last 10 years:
This table provides a quick glance at the highest and lowest rates for the last 10 years, which can be useful for making informed decisions about currency exchange.
Currency of Qatar
The currency of Qatar is the Qatari Riyal (QAR), and it's interesting to see how it compares to the US Dollar (USD). In 2023, the exchange rate was approximately 1 QAR = 0.275 USD.
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If you're planning a trip to Qatar, it's worth noting that small changes in the exchange rate can add up. For example, a QAR amount of 50000.49 was equivalent to 13750.07 USD.
As of the last update, the exchange rate was 1 USD = 3.6363636 QAR. This means that if you exchange 1 USD, you'll get approximately 3.6363636 QAR.
Here's a rough idea of the exchange rates for different QAR amounts:
These exchange rates can vary slightly depending on the QAR amount. For instance, 50000.05 QAR is equivalent to 13750.01 USD, while 50000.10 QAR is equivalent to 13750.03 USD.
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Current Rates
The current exchange rate for 50,000 QAR to USD is approximately $13,731.81.
You can check the QAR to USD exchange rate history, which shows that the rate has been relatively stable over the past 30 days, with a high of $0.27539 and a low of $0.27394, averaging $0.27448.
Here's a breakdown of the current exchange rate for 50,000 QAR in various currencies:
The current bid price for 50,000 QAR is $13,732.49, while the ask price is $13,731.12. The open price is $13,684.38.
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Comparison and Analysis
The Qatari Rial has shown a slight increase in value compared to the US Dollar, with the QAR/USD rate up by +0.04% in the last year.
This means that if you were to exchange 50,000 QAR to USD, you would get a slightly better exchange rate than you would have a year ago.
The Qatari Rial's value increase against the US Dollar is a positive sign for travelers and investors looking to exchange or invest in Qatari currency.
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Year-over-Year Comparison
The Qatari Rial has increased in value compared to the US Dollar, with a QAR/USD rate up +0.04% in the last year.
This means that if you exchanged QAR for USD a year ago, you would have gotten slightly less US Dollars than you would today.
The Qatari Rial has seen a slight increase in value against the US Dollar, but it's essential to keep in mind that currency exchange rates can fluctuate rapidly.
It's always a good idea to stay up-to-date with the latest exchange rates to make informed decisions about your money.
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USD vs. EUR
The US Dollar is currently stronger than the Euro, as 1 USD is equal to approximately 0.84 EUR.
I've noticed that the exchange rate can fluctuate over time, but currently, the US Dollar has a slight edge.
The Euro is still a widely used and respected currency, especially in international trade and finance.
However, the strength of the US Dollar means that you can get more Euros for your US Dollars.
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