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).

US Dollar

US Dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its territories per the United States Constitution since 1792. For most practical purposes, it is divided into 100 smaller cent (¢) units, but is occasionally divided into 1000 mills (₥) for accounting purposes. The circulating paper money consists of Federal Reserve Notes that are denominated in United States dollars (12 U.S.C. § 418). Since the suspension in 1971 of convertibility of paper U.S. currency into any precious metal, the U.S. dollar is, de facto, fiat money. As it is the most used in international transactions, the U.S. dollar is the world's primary reserve currency. Several countries use it as their official currency, and in many others it is the de facto currency. Besides the United States, it is also used as the sole currency in two British Overseas Territories in the Caribbean: the British Virgin Islands and Turks and Caicos Islands. A few countries use the Federal Reserve Notes for paper money, while still minting their own coins, or also accept U.S. dollar coins (such as the Sacagawea or presidential dollar). As of June 27, 2018, there are approximately $1.67 trillion in circulation, of which $1.62 trillion is in Federal Reserve notes (the remaining $50 billion is in the form of coins).

3 Qatari Riyal to US Dollar exchange rates chart

3 QAR to USD exchange rates graph
3 QAR to USD 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.

3 QAR to USD exchange rates table

Exchange QAR to USD
3 Qatari Riyal = 0.824 US Dollar
6 Qatari Riyal = 1.648 US Dollar
15 Qatari Riyal = 4.121 US Dollar
30 Qatari Riyal = 8.242 US Dollar
Exchange Qatari Riyal to US Dollar
3 Qatari Riyal to US 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/USD rate at Commercial Bank of Qatar in Doha

3 QAR to USD exchange rates at Commercial Bank of Qatar in Doha
3 Qatari Riyal = 0.818 US 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...

Best QAR/USD rate at QIB in Doha

3 QAR to USD exchange rates at QIB in Doha
3 Qatari Riyal = 0.822 US Dollar
QIB
QIB

Qatar Islamic Bank (QIB) was the first Islamic bank to start operating in the country in 1982 and it is still the largest today: The Bank currently holds 42.3% share of the Islamic banking sector and approximately11% of the total domestic banking sector. As of end June 2018, the total Shareholders' Equity of the bank amounted to QAR 14.5 billion (4 billion US Dollars) with total assets reaching QAR 152.5 billion (41.9 billion US Dollars). QIB conducts its domestic business through a modern...

Best QAR/USD rate at QNB in Doha

3 QAR to USD exchange rates at QNB in Doha
3 Qatari Riyal = 0.822 US 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%...

3 QAR to USD exchange rates news

Saudi conference boycott over Khashoggi shows political threat to economy

By Andrew Torchia and Hadeel Al Sayegh DUBAI (Reuters) - A Western boycott of a major business conference in Riyadh next week suggests rising political

conditional positive
Saudi riyal tumbles as Trump threatens to punish Riyadh over missing journalist Khashoggi case

Uniindia: Riyadh, Oct 16 (UNI) Saudi Arabia''s riyal was quoted at 3.

indicative neutral
Qatari Emir Regrets Fallout With Siege Countries
Qatari Emir Regrets Fallout With Siege Countries

The Amir HH Sheikh Tamim bin Hamad al Thani on Tuesday said the continuation of conflicts in the region was regrettable, but added that the"crises will pass"."History teaches us that

imperative negative
Highlights of H.H. The Amir’s speech at the Advisory Council

Here's the translation of H.H. the Amir's speech at the opening of 47th Ordinary Session of the Advisory Council. Click here to read more!

indicative positive
US Dollar Losses Hit Pause after October CPI; Focus Remains on Brexit

The DXY Index is off the lows, and rates markets are continuing to price in December for another rate hike from the Fed.

indicative positive
Pound-to-US-Dollar Exchange Rate: GBP/USD Starts The Week On Soft Footing As Brexit Anxiety Mounts

Brexit speculation failed to prevent the GBP/USD exchange rate sinking at the start of the week

conditional neutral
Pound US dollar exchange rate: GBP retreats as Brexit text faces Cabinet scrutiny

THE pound US dollar exchange rate has fallen as much as 0.5 per cent this morning, slumping from a high of $1.302 to the current rate of $1.295 as Brexit jitters weigh on sentiment.

conditional positive

3 QAR to USD currency converter