Doha: Exchange rates for foreign currencies have been issued by Qatar National Bank (QNB) for Monday, providing critical information for businesses and travelers engaging in financial transactions involving foreign currencies.
According to Qatar News Agency, the exchange rates reveal the buying and selling rates for a variety of currencies. The A.E. Dirham is being bought at 0.97800 and sold at 1.00100, while the Australian Dollar has a buying rate of 2.31920 and a selling rate of 2.45580. The Bahraini Dinar stands at a buying rate of 9.44500 and a selling rate of 9.80600. The Canadian Dollar is available at a buying rate of 2.57100 and a selling rate of 2.69510.
Other notable currencies include the Swiss Franc, with buying and selling rates at 4.43670 and 4.63970 respectively, and the Chinese Yuan, which is being bought at 0.48400 and sold at 0.52600. The Euro is available for purchase at 4.10450 and can be sold at 4.35450, whereas the Sterling Pound has a buying rate of 4.66520 and a selling rate of 4.95670.
The data also includes details for the Indian Rupee, which has a buying rate of 0.04010 and a selling rate of 0.04280, and the Japanese Yen, with rates at 0.02310 for buying and 0.02440 for selling. The Kuwaiti Dinar is listed with a buying rate of 11.73200 and a selling rate of 12.10400. Notably, the Korean Won does not have an available buying rate but can be sold at 0.00300.
These exchange rates are crucial for economic activities in Qatar, impacting both the import and export sectors, as well as individual financial transactions.