Watch the QAR to USD rate in real time. This chart helps you spot subtle changes before making a payment or locking in a rate.
Here’s how the QAR to USD exchange rate has moved over the past year:
The Qatari riyal is pegged to the US dollar, so the rate rarely changes. That peg creates stability, but the exact rate you secure can still shift slightly depending on market conditions, the size of your transfer, and when it’s carried out.
For decades, 1 US dollar has been fixed at 3.64 QAR. This long-standing arrangement underpins Qatar’s energy exports, public finances, and much of its cross-border trade, providing a level of predictability that’s rare in foreign exchange markets.
Even with the peg, actual rates can differ by a fraction. Factors like transaction timing, market activity, and the amount being exchanged can all have a small effect on the final rate applied.
If the US dollar strengthens against other major currencies, the riyal strengthens alongside it. This can make imports into Qatar cheaper, shift regional price levels, and influence the value you receive when moving money internationally.
Because most of Qatar’s oil and gas exports are priced in USD, periods of high energy revenue mean more dollars circulating in the local market. This steady flow helps maintain smooth settlement for USD transactions and supports competitive rates.
Whether you’re paying overseas suppliers, sending family support, or managing investment flows, even small savings on the exchange rate can make a big difference. Our service offers:
Yes, QAR is pegged to the dollar at around 3.64, which keeps the rate highly stable.
Actual rates can vary slightly due to the amount you’re sending and the timing of your transfer, especially outside standard trading hours.
Absolutely. You can fix today’s rate for later with a forward contract, which is very useful for budgeting or large payments.
Not directly. The peg remains intact, but high oil and gas revenues can increase local dollar availability and improve transfer efficiency.