Doha, Qatar – May 19, 2025:
The Qatari Riyal (QAR) continues to demonstrate resilience and consistency in the global forex market. As of today, 1 USD equals 3.64 QAR, a rate fixed by the Qatar Central Bank for more than two decades. However, QAR’s exchange rates with other currencies such as the Bangladeshi Taka (BDT), Indian Rupee (INR), Pakistani Rupee (PKR), Euro (EUR), and British Pound (GBP) fluctuate daily based on global financial trends.
📊 Qatari Riyal Exchange Rates – May 19, 2025
| Currency | 1 QAR Equals | Daily Movement |
|---|---|---|
| 🇺🇸 US Dollar (USD) | 0.27437 USD | ✅ Fixed Rate |
| 🇧🇩 Bangladeshi Taka (BDT) | 33.53 BDT | 📉 Slightly down |
| 🇮🇳 Indian Rupee (INR) | 7.70 INR | 📈 Gained marginally |
| 🇵🇰 Pakistani Rupee (PKR) | 76.95 PKR | 📉 Slight drop |
| 🇬🇧 British Pound (GBP) | 0.20616 GBP | 📊 Stable |
| 🇪🇺 Euro (EUR) | 0.24499 EUR | 📈 Slight increase |
Sources: XE, Wise, ARY News, and Qatar Central Bank (QCB)
🌍 Why the Qatari Riyal Is Stable
The Qatari Riyal has been pegged to the US Dollar at 3.64 since 2001, helping to provide certainty in Qatar’s energy-based export economy. This stability has made the Riyal a trusted currency in the Gulf region and attractive for both investors and foreign workers sending money home.
Global Factors Affecting QAR Cross Rates:
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Oil market prices: As an oil-rich country, Qatar’s trade surplus supports Riyal strength.
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Inflation trends in partner countries (e.g., South Asia).
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USD fluctuations indirectly influence non-USD currency pairs.
💸 Impact on Remittances
Qatar hosts a large expatriate population, especially from Bangladesh, India, Pakistan, Nepal, and the Philippines. Exchange rates directly affect how much money these workers can send to their families.
For example:
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1,000 QAR = 33,530 BDT today
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1,000 QAR = 7,700 INR
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1,000 QAR = 76,950 PKR
Even small changes in exchange rates can impact monthly remittances by hundreds of units of local currency.
🔁 How to Get the Best Exchange Rate
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✅ Compare rates at banks, exchange houses (like LuLu Exchange, Al Zaman, or UAE Exchange), and online platforms.
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📱 Use digital transfer apps like Wise, Remitly, or Xpress Money for transparency.
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🕒 Send at the right time of day or week when rates are most favorable.
📌 Key Takeaways
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The Qatari Riyal remains stable against the US Dollar and slightly fluctuates against other major currencies.
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As of May 19, 1 QAR = 33.53 BDT, 7.70 INR, 76.95 PKR.
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Expats are encouraged to track daily rates for cost-effective remittances.
©Gulf DN