Qatari Riyal

Qatari Riyal

The Qatari riyal is the currency of the State of Qatar. It is divided into 100 dirhams (Arabic: درهم‎) and is abbreviated as either QR (English) or ر.ق (Arabic).

Australian Dollar

Australian Dollar

The Australian dollar (sign: $; code: AUD) is the currency of the Commonwealth of Australia, including its external territories Christmas Island, Cocos (Keeling) Islands, and Norfolk Island, as well as the independent Pacific Island states of Kiribati, Nauru, Tonga, Tuvalu, and Vanuatu. The Australian dollar was legal tender of Papua New Guinea until 1 January 1976, when the Papua New Guinean kina became the sole legal tender. Within Australia, it is almost always abbreviated with the dollar sign ($), with A$ or AU$ sometimes used to distinguish it from other dollar-denominated currencies. It is subdivided into 100 cents. In 2016, the Australian dollar was the fifth most traded currency in the world, accounting for 6.9% of the world's daily share (down from 8.6% in 2013). It trades in the world foreign exchange markets behind the US dollar, the euro, the yen and the pound sterling. The Australian dollar is popular with currency traders, because of the comparatively high interest rates in Australia, the relative freedom of the foreign exchange market from government intervention, the general stability of Australia's economy and political system, and the prevailing view that the Australian dollar offers diversification benefits in a portfolio containing the major world currencies, especially because of its greater exposure to Asian economies and the commodities cycle. The currency is commonly referred to by foreign-exchange traders as the "Aussie dollar".

2 Qatari Riyal to Australian Dollar exchange rates chart

2 QAR to AUD exchange rates graph
2 QAR to AUD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 QAR to AUD exchange rates table

Exchange QAR to AUD
2 Qatari Riyal = 0.765 Australian Dollar
4 Qatari Riyal = 1.530 Australian Dollar
10 Qatari Riyal = 3.824 Australian Dollar
20 Qatari Riyal = 7.648 Australian Dollar
Exchange Qatari Riyal to Australian Dollar
2 Qatari Riyal to Australian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best QAR/AUD rate at QNB in Doha

2 QAR to AUD exchange rates at QNB in Doha
2 Qatari Riyal = 0.721 Australian Dollar
QNB
QNB

Qatar National Bank (Q.P.S.C.) (QNB Group) was established in 1964 as the country’s first Qatari-owned commercial bank, with an ownership structure split between the Qatar Investment Authority (50%) and the remaining (50%) held by members of the public. QNB Group has steadily grown to be the biggest bank in Qatar and the largest financial institution in the Middle East and Africa region. For the six months ended 30 June 2018, Net Profit reached QAR7.1 billion (USD1.9 billion), up by 7%...

Best QAR/AUD rate at Commercial Bank of Qatar in Doha

2 QAR to AUD exchange rates at Commercial Bank of Qatar in Doha
2 Qatari Riyal = 0.754 Australian Dollar
Commercial Bank of Qatar
Commercial Bank of Qatar

Commercial Bank plays a vital role in Qatar’s economic development through offering a range of personal, business, government, international and investment services. What we do is just as important as how we do it. Our promise – that everything is possible – governs how we approach our business. Our services support individuals, the public sector and companies of all sizes in Qatar and internationally. Commercial Bank operates in Retail and Wholesale banking and makes strategic investments...

2 QAR to AUD exchange rates news

Qatar Airways reports $445m profit

It is the first time Qatar Airways has released its financial results

13 days indicative positive
No instructions to stop dealing in Qatari Riyal, SAMA confirms

The Saudi Arabian Monetary Authority (SAMA) confirmed here today that it did not issue any instructions to financial and exchange institutions operating in the Kingdom, calling for suspension of dealing in the Qatari Riyal, since severing of relations with Qatar by the four Arab states calling to fight terrorism, Saudi Press Agency reported Saturday.

about 2 months indicative positive
Qatar investigation into claims UAE tried to rig the riyal

Doha said it is looking into claims that the UAE attempted to sabotage the Qatari riyal and take the World Cup from the Gulf state.

about 2 months conditional neutral
Qatar’s Ooredoo profits plunge

LONDON: Qatar’s biggest phone company reported a sharp decline in profits as sales fell at home and it was hit by tough trading conditions in Indonesia and Algeria. Ooredoo second quarter net profit fell 60 percent to 203 million Qatari riyals ($54.7 million), the Doha-based company said in a stock exchange filing. It said it was hurt by lower revenues in Indonesia and Algeria

about 2 months indicative neutral
Dollar gains, but outlook suggests weak trend

The dollar rose against the euro on Friday, boosted by technical factors after the single currency hit key resistance levels, even as the greenback's outlook remained bleak amid cautious signals from the Federal Reserve about further rate hikes.

6 days indicative negative
Key indicators from the Australian economy in 2018

There is little doubt that 2018 was a year of ups and downs in many sectors as worldwide volatility attempted to undermine what could otherwise have been a year of gains in certain areas.

17 days conditional neutral
Vital Signs: 35 extraordinary years. What the float of Australian dollar bought us

Floating the dollar 35 years ago was a leap into the unknown. Here's how it has served us well.

about 1 month conditional neutral

2 QAR to AUD currency converter