Qatar’s Currency Exchange Rates Reflect Market Trends

Doha: Qatar's latest currency exchange rates reveal significant insights into the market dynamics as the nation continues to engage in global trade. The exchange rates, which include a variety of currencies, highlight both buying and selling values, crucial for traders and businesses involved in international transactions.

According to Qatar News Agency, several currencies are being traded without a buying rate, such as the Moroccan Dirham, Pakistani Rupee, Syrian Pound, Tunisian Dinar, and South African Rand. However, their selling rates are set at 0.42990, 0.01350, 0.00037, 1.36020, and 0.23570 respectively. This absence of a buying rate suggests specific market conditions or regulatory measures affecting these currencies.

Among the currencies with both buying and selling rates, the New Zealand Dollar stands at a buying rate of 2.08440 and a selling rate of 2.20800. Meanwhile, the Omani Riyal shows a higher value, with a buying rate of 9.40000 and a selling rate of 9.64800. The U.S. Dollar remains a key currency with a buying rate of 3.63000 and a selling rate of 3.65000, reflecting its stable position in the international market.

Precious metals are also part of the exchange rate data, with silver having a buying rate of 79.11000 and a selling rate of 79.18000 in USD. Gold and platinum are traded with high values, with gold at a buying rate of 4532.29000 and a selling rate of 4532.98000, and platinum at 2450.91380 and 2459.58620 respectively.

The exchange rates provide valuable data for financial analysts, importers, exporters, and investors, facilitating informed decision-making in the dynamic economic landscape of Qatar.