Currency.Wiki

1 Qatari Rial to Hong Kong Dollar

Updated 9 minutes ago
Convert 1 QAR:HKD
 QAR =
    HKD
 Qatari Rial =  Hong Kong Dollars
Trending: QR exchange rates for the last 24 hours
  • QAR/USD 0.274279 -0.00038941
  • QAR/EUR 0.254248 -0.00073919
  • QAR/JPY 42.725853 1.68810498
  • QAR/GBP 0.219872 0.00234470
  • QAR/CHF 0.249621 0.00904503
  • 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/HKD exchange rate analysis over the past 90 days

Qatari Rial to Hong Kong Dollar exchange rate: Over the last 90 days, the Qatari Rial weakened by -0.18% against the Hong Kong Dollar, declining from HK$2.1473 to HK$2.1435 per Qatari Rial. This trend reflects the evolving economic dynamics between the Qatar and the Hong Kong. Factors contributing to this weakening may include:

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

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

qar/hkd 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.

HK$
Hong Kong Dollar Currency

Country: Hong Kong

Symbol: HK$

ISO Code: HKD

Bank: Hong Kong Monetary Authority

Interesting fact about Hong Kong Dollar

The Hong Kong Dollar (HKD) is the official currency of Hong Kong. Its history dates back to 1863 when it was first introduced as a result of Hong Kong becoming a British colony. The HKD is pegged to the US Dollar and is managed by the Hong Kong Monetary Authority. It plays a crucial role in Hong Kong's economy, functioning as a widely accepted payment method and facilitating international trade.

Quick Conversion Guide

Frequently Asked Questions

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The Qatari Rial to Hong Kong Dollar 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 HKD is HK$2.14.
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Yes, our site provides historical charts that show the trends and fluctuations in the Qatari Rial to Hong Kong Dollar 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.