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).

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

4 Qatari Riyal to British Pound exchange rates chart

4 QAR to GBP exchange rates graph
4 QAR to GBP 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.

4 QAR to GBP exchange rates table

Exchange QAR to GBP
4 Qatari Riyal = 0.862 British Pound
8 Qatari Riyal = 1.724 British Pound
20 Qatari Riyal = 4.311 British Pound
40 Qatari Riyal = 8.621 British Pound
Exchange Qatari Riyal to British Pound
4 Qatari Riyal to British Pound 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/GBP rate at Commercial Bank of Qatar in Doha

4 QAR to GBP exchange rates at Commercial Bank of Qatar in Doha
4 Qatari Riyal = 0.839 British Pound
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/GBP rate at QNB in Doha

4 QAR to GBP exchange rates at QNB in Doha
4 Qatari Riyal = 0.831 British Pound
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%...

4 QAR to GBP exchange rates news

Qatar Airways reports $445m profit

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

12 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
Jamaican dollar declines 10 cents vs greenback

The Jamaican dollar devalued by 10 cents against the United States dollar during Wednesday’s trading, according to the trading summary from the Bank of Jamaica (BOJ)

6 days indicative negative
Forex reserves hit high in December | Economics | FOCUS TAIWAN - CNA ENGLISH NEWS

Taipei, Jan. 4 (CNA) Taiwan's foreign exchange reserves hit another all-time high at the end of December because of an increase in returns on the portfolio managed by Taiwan's central bank, the bank said Friday.

12 days indicative neutral

4 QAR to GBP currency converter