Qatar Currency to Naira: Historical and Current Conversion Rates

Close-up of a hand holding Jordanian dinar bills with a blurred background, highlighting currency exchange.
Credit: pexels.com, Close-up of a hand holding Jordanian dinar bills with a blurred background, highlighting currency exchange.

The Qatari Riyal (QAR) is the official currency of Qatar and has been pegged to the US Dollar since 2001. This means that its value is closely tied to the dollar's exchange rate.

Historically, the QAR has seen significant fluctuations in its value against the Nigerian Naira (NGN). In 2006, 1 QAR was equivalent to approximately 25 NGN. This rate has changed over time due to various economic factors.

Currently, the exchange rate between QAR and NGN is around 30-35 NGN per 1 QAR. This rate may vary depending on the current market conditions and the exchange rates offered by banks and currency exchange services.

Qatar Currency to Naira

Converting Qatar currency to naira is a straightforward process. To start, you'll need to know the current exchange rate between Qatari rials (QAR) and Nigerian nairas (NGN). According to the latest data, the exchange rate is approximately 425.87 Nigerian Nairas per Qatari Rial.

Credit: youtube.com, Qatar currency# currency # qatar riyal# riyal#

You can use a currency converter to find the current exchange rate and convert your Qatari rials to Nigerian nairas. Simply type in the amount you want to convert, select QAR as the currency to convert from and NGN as the currency to convert to, and the converter will show you the current rate and the converted amount.

For example, if you want to convert 100 Qatari rials to Nigerian nairas, as of January 13, 2025, 08:05 PM UTC, the conversion would be 42,587 Nigerian Nairas.

Here's a summary of the conversion rates:

Please note that these exchange rates are subject to change and may not reflect the current rate. It's always a good idea to check the current rate before making any conversions.

Conversion Rates

The conversion rates for Qatari Rials to Nigerian Nairas are quite straightforward. You can convert QAR to NGN using an online currency converter, which will show you the current exchange rate and how it's changed over the past day, week, or month.

Credit: youtube.com, Qatari Riyal Foreign Currency Exchange Rates Today 1 January 2025

The current exchange rate is 425.87 NGN per QAR, as of January 13, 2025, 08:05 PM UTC. This means that for every Qatari Rial you exchange, you'll receive 425.87 Nigerian Nairas.

To give you a better idea, here are the conversion rates for different amounts of QAR:

Keep in mind that the exchange rate can fluctuate over time, so it's always a good idea to check the current rate before making any conversions.

Historical Rates

The Qatari Rial to Naira exchange rate has fluctuated over the years, with varying highs and lows.

The highest QAR to NGN exchange rate in the last year was 467.95 Nigerian Nairas per Qatari Rial on November 22, 2024. This is a significant increase from the average rate over the last 90 days, which was 444.15 NGN.

Over the last 30 days, the QAR to NGN exchange rate reached a high of 432.47 and a low of 422.08, with an average rate of 425.34. This indicates a relatively stable exchange rate over the past month.

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The overall change in the QAR to NGN exchange rate over the last 10 years was a peak of 467.95 NGN on November 22, 2024. This is the highest rate recorded in the last decade.

The QAR to NGN exchange rate is currently at 425.87 NGN as of January 13, 2025, making it a relatively favorable time to exchange Qatari Riyals to Nigerian Nairas.

Here's a summary of the QAR to NGN exchange rate over the last year:

The QAR to NGN exchange rate has shown a significant increase of +62.83% in the last year, indicating a strengthening of the Qatari Rial against the Nigerian Naira.

Nellie Hodkiewicz-Gorczany

Senior Assigning Editor

Nellie Hodkiewicz-Gorczany is a seasoned Assigning Editor with a keen eye for detail and a passion for storytelling. With a strong background in research and content curation, Nellie has developed a unique ability to identify and assign compelling articles that capture the attention of readers. Throughout her career, Nellie has covered a wide range of topics, including the latest trends and developments in the financial services industry.

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