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Chart · 30 jours

Qatari Riyal (QAR) exchange-rate chart to US Dollar (USD)

The QAR/USD pair shows how many US dollars one Qatari riyal buys. It is used for Qatar-US trade, energy payments, and remittances. A higher rate means the riyal strengthens against the dollar.

Current rate
1,081
1 QAR = 1,081 USD
Source
Indicative rate
catalogue loobiz.com
Reading guide

What does the QAR/USD chart show?

The curve shows the change in one unit of QAR expressed in USD. An upward slope means the base currency is strengthening relative to the quote currency; a downward slope indicates the opposite.

Use the 7-day, 30-day or 1-year periods to distinguish a short movement from a more lasting trend.

Interpretation

Variation, volatility and context

Volatility can reflect central-bank announcements, economic data, trade flows or risk sentiment. A chart is not a forecast: it describes the observations available for the selected period.

Minimum 0,2743108
Maximum 0,2858122
Average 0,27794151
Total change -4.02%
Observed movement

QAR/USD sur 30 jours

Du au · 18 observations

api.forex
Market series supplied by api.forex.
Editorial analysis

Understanding the QAR/USD pair

The QAR/USD exchange rate represents the value of the Qatari riyal expressed in US dollars. This directed pair indicates how many US dollars are needed to purchase one Qatari riyal. It is primarily used by businesses and individuals engaged in trade between Qatar and the United States, as well as for energy-related transactions and remittances. An appreciation of the Qatari riyal (a higher QAR/USD rate) means the riyal has strengthened relative to the dollar, making Qatari goods more expensive for US buyers and reducing the cost of US imports for Qatari consumers.

The Qatari riyal is pegged to the US dollar at a fixed rate of approximately 3.64 QAR per USD, a policy maintained by the Qatar Central Bank. This peg means the QAR/USD rate is highly stable and does not float freely. The US dollar is managed by the Federal Reserve, which sets interest rates independently. While the peg limits exchange rate volatility, the relative strength of the US dollar in global markets can influence the real effective exchange rate. Key drivers for the Qatari economy include oil and natural gas prices, as the country is a major exporter of liquefied natural gas (LNG). Higher energy prices boost Qatar's export revenues and fiscal surplus, supporting the riyal's peg. Conversely, lower energy prices or shifts in US monetary policy can affect capital flows and inflation differentials.

Over the past several years, the QAR/USD rate has remained virtually unchanged due to the fixed peg. Since 2020, the rate has consistently stayed near 0.2747 USD per QAR (or 3.64 QAR per USD), reflecting the central bank's commitment to the dollar peg. This stability is a cornerstone of Qatar's monetary policy, aimed at fostering trade and investment. While the peg has held firm, external factors such as fluctuations in global energy markets and US interest rate changes have influenced Qatar's economic conditions, but not the nominal exchange rate. Looking ahead, the peg is expected to remain in place as long as Qatar's economic fundamentals support it, though any shift in policy would be a major event.

This analysis is provided for information only and is neither a forecast nor financial advice.

Latest available observations

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Date UTCRateChange
0,2743108 -0.15%
0,27472527 +0%
0,27472527 +0%
0,27472527 -3.43%
0,28448401 +3.71%
0,2743108 -0.10%
0,27457441 +0.00%
0,27458194 -3.77%
Reading

Understand the trend

Follow QAR/USD for conversion, transfers and international payments.

Data

Source and limitations

Displayed source: api.forex. Indicative values are used only as a visual fallback.

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