Doha: The Qatar National Bank (QNB) has announced the latest exchange rates against the US Dollar, effective as of Monday. These rates provide crucial insights for traders, businesses, and individuals involved in foreign exchange transactions within the region.
According to Qatar News Agency, the exchange rates for various currencies against the US Dollar are as follows: the buying rate for the UAE Dirham stands at 0.97800, while the selling rate is 1.00100. The Australian Dollar is being bought at 2.46590 and sold at 2.61160. For the Bahraini Dinar, the buying rate is 9.44800, with a selling rate of 9.80900. The Canadian Dollar sees a buying rate of 2.53880 and a selling rate of 2.66170.
The Swiss Franc has a buying rate of 4.44880 and a selling rate of 4.65120. The Chinese Yuan is being purchased at 0.50770 and sold at 0.55170. Meanwhile, the Danish Kroner has a buying rate of 0.52230 and a selling rate of 0.60690. The Egyptian Pound is being bought at 0.06530 and sold at 0.07920.
For the Euro, the buying rate is set at 4.06120 with a selling rate of 4.30850. The Sterling Pound is being bought at 4.73520 and sold at 5.03220. The Hong Kong Dollar sees a buying rate of 0.44200 and a selling rate of 0.49380. The Indian Rupee is being purchased at 0.03730 and sold at 0.03980.
The Jordanian Dinar is being bought at 5.08700 and sold at 5.22000. The Japanese Yen has a buying rate of 0.02200 and a selling rate of 0.02320. Although the Korean Won does not have a buying rate available, its selling rate is 0.00280. Lastly, the Kuwaiti Dinar is being bought at 11.71300 and sold at 12.08500.
These rates are vital for anyone engaged in currency exchange activities, providing a snapshot of the current market dynamics in Qatar.