Buy Qatari Riyal Online at the Best Rates in India
Planning an international trip or studying in Qatar? Buy Qatari Riyal easily with Supreme Forex, your trusted RBI-authorized currency exchange partner. We offer competitive rates, full transparency, and a seamless online process. Check the Qatari Riyal buying rate today and lock in the best QAR to INR buying rate. Experience fast, secure, and hassle-free currency exchange with Supreme Forex.
Live Qatari Riyal Buying Rate Today (QAR/INR)
When looking to buy Qatari Riyal online, keeping an eye on the Qatari Riyal buying rate today is crucial, as the exchange rate tends to fluctuate daily depending on the global market activities. However, at Supreme Forex, we regularly update our QAR to INR buying rate, giving the most value for your money.
About Qatari Riyal (QAR)
The Qatari Riyal (QAR) is the official currency of Qatar, symbolized as ر.ق and issued by the Qatar Central Bank. It is pegged to the US Dollar at a fixed rate, offering currency stability. Widely used in Qatar for all transactions, QAR banknotes come in denominations from 1 to 500 Riyals, featuring Qatari heritage and landmarks.
Quick Facts:
Currency Code: QAR
Symbol: ر.ق
Subunit: 1 QAR = 100 dirhams
Central Bank: Qatar Central Bank
Pegged Rate: 1 USD ≈ 3.64 QAR
Used In: Qatar
Denominations: 1, 5, 10, 50, 100, 200, 500 Riyals
History of Qatari Riyal
The Qatari Riyal (QAR) was introduced in 1973 after Qatar gained monetary independence from the Qatar-Dubai Currency Agreement. It replaced the Gulf Rupee and later the Qatar-Dubai Riyal. QAR is pegged to the US Dollar, providing stability in exchange rates. Historically, QAR to INR has seen gradual appreciation due to India’s fluctuating inflation and economic factors. Over the past decade, the exchange rate has ranged between ₹16 and ₹21 per QAR, making it vital for remittances and trade.
Different Purposes for Buying Qatari Riyal
Traveling Abroad
International Travelers tend to carry some cash in Qatari Riyal for transactions.
Studying Abroad
Students studying abroad need Qatari Riyal to pay tuition fees and other expenses
Business purposes
Businessmen who deal in the import & export of various goods often need Qatari Riyal.
Where to Buy Qatari Riyal in India?
Banks
The most conventional method for buying Qatari Riyal is visiting a bank. Moreover, there may be a possibility that even after standing in long queues, you might not get the favorable rate.
Local Money Changers
An Authorized money changer often provides competitive rates. However, the rates are not fixed. The process can be quite frustrating and is not the best way to buy Qatari Riyal.
Airports
Buying Qatari Riyal from airport should be your last resort. As airports charge extremely high exchange rates, it is not an ideal choice.
Forex Platforms
The simplest and most convenient way to buy Qatari Riyal is through a reputable forex platform like Supreme Forex, offering the best QAR to INR buying rate without any hidden fees.
Document Needed to Buy Qatari Riyal (QAR)
1
Copy of Passport
2
Valid Visa
3
PAN Card
4
Aadhar Card
5
Confirmed Air Tickets
How to Identify Counterfeit Qatari Riyal Notes?
To identify counterfeit Qatari Riyal notes, check for security features like the watermark of the Qatari crest, color-shifting ink on the denomination, and a security thread running vertically. Genuine notes also have raised printing and microtext visible under magnification. Use a UV light to reveal embedded fluorescent patterns. Always compare with a verified note and, if unsure, consult a bank or currency exchange expert like Supreme Forex.
How to Buy Qatari Riyal with Supreme Forex
Select Currency (Qatari Rial)
Choose the product and amount. Select the needed amount, delivery location, and currency type (QAR)
Expert Guidance
After submitting necessary traveler details, our expert guides will call you. Our currency professionals offer the best prices and timely service to meet your requirements.
Submit Documents
You’ll need valid ID proof such as Aadhaar card, PAN card and Passport. Additionally, other travel-related documents like a visa and ticket will be required.
Exchange Currency
At last, you can have it delivered to your door or pick it up. Schedule shipping to your home for doorstep delivery or pick it up at the nearest branch from your location.
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FAQs About Buying Qatari Riyal
Everything you need to know about our services. Can’t find the answer you’re looking for? Please chat to our friendly team.
How much QAR can I buy for travel?
As per RBI limits, Indian residents can buy foreign currency up to USD 2,500 equivalent (approx. QAR 9,100) in cash and up to USD 250,000 annually under the Liberalized Remittance Scheme.
Is it Safe to Buy Qatari Riyal Online?
Yes, it is safe to buy Qatari Riyal online with Supreme Forex. Additionally, as an RBI-authorized platform, Supreme Forex ensures secure, encrypted transactions for a hassle-free experience.
Is it better to buy QAR in India or Qatar?
It’s usually better to buy QAR in India from trusted sources like Supreme Forex to avoid high airport or foreign exchange charges and ensure you get competitive rates.
Can I use Indian Rupees (INR) in Qatar?
No, Indian Rupees are not accepted in Qatar. You must exchange INR for QAR before your trip or withdraw QAR at ATMs in Qatar using a forex card.
Can I get QAR loaded onto a forex card?
Yes, you can load QAR onto a multi-currency forex card via providers like Supreme Forex. It’s a secure, convenient, and cost-effective option for spending in Qatar.
Have a Query? Get Experts help
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