This chart shows how the euro is performing against the Qatari riyal in real time. It is helpful whether you are planning a transfer or simply watching the market.
Here's how the EUR to QAR rate has moved over the past year:
Most of the movement in this pair comes from the euro, since QAR tracks the dollar closely. As a result, anything that affects the eurozone economy or shapes expectations for the European Central Bank can shift this rate, sometimes several times throughout the day.
The euro reacts strongly to new data from across Europe. Results on inflation, manufacturing, spending, or employment often surprise markets and push the currency up or down. The European Central Bank adds another layer, since even brief comments about future interest rates can move the euro quickly.
QAR stays aligned with the dollar, so any major move in the dollar, particularly during periods of uncertainty, can show up in this pair. This effect is usually modest but still visible over a week or a month.
Payments between Europe and Qatar vary across the year. Companies settling invoices, investing in projects, or repatriating income can create short bursts of demand for one currency, which can shift the rate a little.
The euro often reflects wider confidence in global markets. When investors pull back, the currency can weaken. When markets stabilise or strengthen, the euro tends to recover. These moves flow directly into EUR to QAR pricing.
Getting a strong EUR to QAR rate can make a noticeable difference when moving larger amounts. We offer:
Yes. The euro is reactive to European data, so the rate can shift through the week.
QAR stays anchored to the dollar, which limits volatility.
Yes. Forward contracts allow you to lock in a price ahead of time.
Yes. Changes in European Central Bank expectations often affect this pair.