Currency.Wiki

1 Qatari Rial to Euro

Updated 5 minutes ago
Convert 1 QAR:EUR
 QAR =
    EUR
 Qatari Rial =  Euros
Trending: QR exchange rates for the last 24 hours
  • QAR/USD 0.274279 -0.00038941
  • QAR/EUR 0.254463 -0.00052470
  • QAR/JPY 42.725853 1.68810498
  • QAR/GBP 0.219003 0.00147579
  • QAR/CHF 0.248634 0.00805845
  • QAR/MXN 4.602516 -0.08618675
  • QAR/INR 22.915114 0.12023753
  • QAR/BRL 1.414403 0.05377709
  • QAR/CNY 1.982134 0.00638724

QAR/EUR exchange rate analysis over the past 90 days

Qatari Rial to Euro exchange rate: Over the last 90 days, the Qatari Rial weakened by -0.21% against the Euro, declining from €0.2550 to €0.2545 per Qatari Rial. This trend reflects the evolving economic dynamics between the Qatar and the European Union. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Qatar and European Union.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Qatar and European Union.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Qatar or European Union.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Qatar relative to the European Union.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

qar/eur Historical Chart

QR
Qatari Rial Currency

Country: Qatar

Symbol: QR

ISO Code: QAR

Bank: Qatar Central Bank

Interesting fact about Qatari Rial

The Qatari Rial (QAR) is the official currency of Qatar. It was introduced in 1973 following the independence of Qatar from the British Protectorate. The QAR is divided into 100 dirhams and is pegged to the US dollar at a fixed exchange rate of 3.64 QAR to 1 USD. The QAR holds significance in Qatar as it is widely accepted for all transactions and plays a crucial role in the country's economy.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Qatari Rial to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 QAR to EUR is €0.25.
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Yes, our site provides historical charts that show the trends and fluctuations in the Qatari Rial to Euro exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.