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History · 30 jours

Qatari Riyal (QAR) historical rate 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.

Daily observations
18
within the available range
Source
Market
api.forex
Method

How to read QAR/USD history

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Days without a quotation are not interpolated: the series keeps only observations that were actually received.

Use cases

Travel, transfer and analysis

Compare several periods before a trip, an international transfer or a foreign-currency invoice. The average, minimum and maximum provide a quick reference, while the table enables a date-by-date check.

Minimum 0,2743108
Maximum 0,2858122
Average 0,27794151
Total change -4.02%
Daily observations

Dated QAR/USD rates

Couverture du au , en UTC.

Convert QAR/USD
Date UTC Rate Change Nature
0,2743108 -0.15% Market
0,27472527 +0% Market
0,27472527 +0% Market
0,27472527 -3.43% Market
0,28448401 +3.71% Market
0,2743108 -0.10% Market
0,27457441 +0.00% Market
0,27458194 -3.77% Market
0,28532925 +3.91% Market
0,27458194 -3.30% Market
0,28395716 +3.39% Market
0,27464982 +0.11% Market
0,27434842 -3.59% Market
0,28457267 +0.16% Market
0,28410898 +3.42% Market
0,27472527 +0.11% Market
0,27442371 -3.98% Market
0,2858122 Market
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.

Method

Compare two dates

Each row combines a UTC date, a rate and the change from the previous available observation. A positive change means the base currency buys more of the quote currency than on the previous available date.

Source

Source and limitations

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

Currencies

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