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Choose the target rate for your currency exchange.read more... FTT underwritten by A-rated insurer to £1M per claim.read more... Euro and US dollar payments settled same day.read more... NY listed broker partners with FTT.read more...Qatari Riyal (QAR) International Payment Information
The Qatari Riyal (QAR) is the currency of Qatar. It is subdivided into 100 dirhams. Up until 1966, Qatar used the Indian Rupee as its local currency. Since 1980, it has been fixed to the US Dollar.
Whilst there are no restrictions moving money into or out of Qatar, there are some Banks that will not send international payments in Qatari Riyal. They will insist upon converting Qatari Riyal locally into another currency, such as US Dollars, before making an international transfer. This is an expensive option.
Live Qatari Riyal (QAR) Currency Exchange Quote For Your International Payment
Real rates, no surprises. Don't be fooled by currency converters on other sites. They give you non-tradable rates just to get your attention. Use the tool below to get the best currency exchange rate from FTT for your Qatar Riyal conversion and international payment or money transfer. The tool can be used to get the best currency exchange rate for buying Qatari Riyals or selling Qatari Riyals.
Making international payments and money transfers in Qatari Riyals to Qatar is an easy and seamless process. Payments can generally be made within 2 days using an advanced payment provider
such as FTT. Payments out of Qatar in Qatari Riyals will be dependent upon your Bank, as some Banks will not transfer Qatari Riyals internationally. In this case, you may need to change your Bank to one that allows international transfers in Qatari Riyals.
Payments will need a SWIFT/BIC code which is a unique code for the bank where the destination account is held. The SWIFT/BIC ID consists of between 8 and 11 capital letters and numbers.
Why FTT Currency for Qatari Riyal International Payments?
FTT Currency are experts at exchanging and transferring Qatari Riyals. We save you up to 90% of the cost of sending Qatari Riyals overseas and save you time because everything is online. In a few minutes you can send your first payment. Your funds are processed through protected client accounts at Barclays Bank and are fully insured against fraud or negligence by an 'A' rated insurer.
Latest Qatari Riyal News
Yesterday's Trading
GBP/QAR - closing market price was 5.4670 with a low of 5.4292 and a high of 5.4877.
USD/QAR - closing market price was 3.6413 with a low of 3.6350 and a high of 3.6475.
EUR/QAR - closing market price was 4.9543 with a low of 4.9211 and a high of 4.9734.
EU Raises 2010 GDP Forecast as Deficits (source: ForexNewsOnline)
The euro-area economy may expand 0.7 percent next year, the European Commission said, raising its forecast even as budget deficits and jobless ranks swell further. (source: ForexNewsOnline) - RSS feeds and Feed widget on Feedzilla.com
Disappointing data weigh on sterling (source: FT)
Sterling lost ground on Tuesday as disappointing economic data and renewed concern over the UK's banking sector and fiscal health weighed on the pound (source: FT) - RSS and News widget on Feedzilla.com
Beijing still keen to buy US bonds (source: FT)
China's investments in US Treasury bonds are continuing 'every day' and should not be politicised, according to the head of China's foreign exchange administration, which manages $2,400bn in forex reserves (source: FT) - RSS news feeds and Widgets on Feedzilla.com
Currencies: Dollar up; rating agencies revive debt worries (source: Market Watch)
The U.S. dollar gains versus the euro and British pound, finding support amid ongoing worries about debt problems in the euro zone and the U.K. (source: Market Watch) - RSS widgets and RSS feeds on Feedzilla.com
Currencies: Dollar turns up as U.S. stocks give up gains (source: Market Watch)
The dollar took its cues from equities markets Monday, as investors' falling risk appetite favored the greenback over riskier assets. (source: Market Watch) - News widgets and RSS feeds on Feedzilla.com
Currencies: Dollar falls vs. euro as Greece fears subside (source: Market Watch)
The dollar turns lower against the euro and the pound but stays higher against the yen, tugged by news about Greece and U.S. payrolls data. (source: Market Watch) - RSS news feeds and Widgets on Feedzilla.com
Currencies: Dollar up after U.S. data, Europe's rate news (source: Market Watch)
The U.S. dollar gains versus the euro and other major currencies after a surprisingly weak report on U.S. home sales triggers worries about the pace of the economy's recovery. (source: Market Watch) - RSS news feeds and Widgets on Feedzilla.com
Euro Headed Below 1.55 (source: AME)
- Dollar Rally Set to Continue - British Pound Falls as UK Consumers Cut Back (source: AME) - RSS and News widget on Feedzilla.com
The ECB Has Room to Raise Interest Rates?! (source: AME)
- Dollar Rallies on Strong Data, but Watch Out for a Big Week - Is the UK Headed for a Recession? (source: AME) - RSS feeds and Feed widget on Feedzilla.com
Euro Extends Losses on Disappointing Data (source: AME)
- US Dollar: The Best of the Worst? - Euro Extends Losses on Disappointing Data - British Pound Gets Killed by Retail Sales (source: AME) - RSS news feeds and Widgets on Feedzilla.com
Will the US Dollar Continue to Rally? (source: AME)
- New Zealand Dollar Hits 6 Month Low After RBNZ Rate Cut - Will the US Dollar Continue to Rally? - Euro Could Come Under Further Pressure on German IFO Report (source: AME) - RSS feeds and Feed widget on Feedzilla.com