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Buy, Sell or Transfer Qatar Riyal (QAR) in India at the best exchange rates
| Currency Name | Buy Rate (Card Rate) | Sell Rate |
|---|---|---|
| View Detailed Rate card | ||
| Capital | Doha |
| Dialing Code | +974 |
| Currency | Qatari Riyal |
| Official Language | Arabic |
Qatar is an Arab country situated on the coast of the Arabian Peninsula located in the Middle East. The country shares its border with Saudi Arabia in the south, while other borders are shared with the Persian Gulf. The currency of the state of Qatar is called Qatari Riyal . It is abbreviated as QR, while the currency code is QAR. Qatar is one of the most sought destinations for tourism; therefore, the demand for the Qatari Riyal has seen an upward trend.
Before the year 1966, the state of Qatar's currency was the Gulf Rupee which was then issued by the Indian Government. However, after the devaluation of the Indian Currency in the year 1966, the state of Qatar discontinued using the Gulf Rupee as its currency. For a few months after abandoning the Gulf Rupee, Qatar used Saudi Riyal as its currency, followed by Qatar and Dubai Riyal from 21st March 1966. However, in the year 1973, Qatar independently started issuing its standalone currency called the Qatari Riyal. The Qatar Central Bank is responsible for the issuance of the Qatari Riyal currency notes and Coins. The Qatari Riyal banknote denominations are 1, 5, 10, 50, 100, and 500. At the same time, the coin denominations are 1, 5, 10, 25, and 50 dirhams.
Exchange currency rates are one of the biggest determinants of any nation's economic health. it plays an important role in determining the trade levels of the country. A few are the important factors that affect the exchange rates of currency.
1. Interest RatesAll the above-mentioned factors influence the Qatari Riyal currency exchange rate to INR.
A currency converter is one of the simplest ways to convert and understand the value of the Qatari Riyal one holds in Indian Rupee or vice versa. Let us understand today's currency exchange rate of Qatari Riyal to INR with an illustration.
Mr Mathison, a businessman in Qatar, wants to conduct business in India, for which he wants to understand the conversion of the respective currency. Mr Mathison has 20000 QAR for the business expense.
Today's currency exchange rate is 1 QAR = 22.41 INR and 1 INR =0.0446085 QAR. So 20000 QAR will be equivalent to 4,48,276.43 INR.
Here is one of the easiest currency calculators that will help to easily calculate the value of the amount you hold. This currency exchange rate calculator will help you to convert Qatari Riyal to INR correctly.
Today's exchange rate for 1 Qatari Riyal to INR is 22.42, i.e., you will receive INR 22.42 against 1 QAR.
The expected high-low is 0.24.
Therefore, 1 INR = 0.045 QAR
While, 10 QAR = 224.14 INR.
The highest exchange rate between these two currencies in the last 30 days was 1 QAR = 22.73 INR, while the lowest exchange rate was 1 QAR = 22.48 INR.
Thus, it can be observed that the Qatari Riyal is stronger than Indian Rupee; therefore, receiving money in Indian Rupee will give more value. However, the currency exchange rates are subject to fluctuation, so it is advised to check the exchange rate and calculate the value of the currency accordingly. Checking the exchange rate will also help in getting the best possible rate.
flights to make sure your vacation doesn't burn a big hole in your pocket. But, you can only arrange for forex if you know the current 1 INR to QAR exchange rate. Once you know the INR to QAR currency exchange rate, then you can easily estimate your forex requirement.
By doing this, not only will you know the cost of your trip, but also save yourself from the hassle of finding a trusted currency exchange partner in Qatar, in case you run out of forex in the foreign country. If you are looking for the best INR to QAR exchange rate, then Thomas Cook is your answer. We understand the value of your money and thus use our expertise to offer you the most competitive Rupee to Riyal exchange rate. We simplify the process of money conversion and travel bookings, while ensuring that you buy forex online , from the comfort of your home.
Want to know the value of 1 INR to QAR? Head straight to our online Indian Rupees to Riyal converter assistance tool. This tool is designed to provide you with real-time exchange rates and saves you from the complicated forex calculations.
To convert Indian Rupee to Riyal, all you have to do is simply log on the Thomas Cook website, enter the required details, and our trustworthy executives will deliver your forex or forex card at your doorstep within 24 hours. If you wish, you could also personally visit the nearest branch to pick up your forex at your convenience. Thereas more, once you return from Qatar and have excess foreign currency, then we facilitate the reconversion of Qatar currency to INR .
Still have concerns on Rupee to Riyal conversion? Speak to our forex experts and buy forex online at Thomas Cook today!
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