MONEY AND CURRENCY

1. Exchange rates

The Qatari riyal, the only currency in circulation in Qatar, is easily accessible via the many ATMs located in shopping malls, hotels and throughout Doha. The Qatari riyal (QAR) exchange rate is set at 3.96 QAR for 1 euro.

2. How can I exchange euros for Qatari Riyals?

Exchanging euros into Qatari Riyal (QAR) in Qatar is a relatively simple process and can be done in several ways:

1. 
   Banks
   Banks in Qatar offer foreign exchange services and are generally open from Sunday to Thursday (weekends in Qatar are Friday and Saturday). Opening hours vary, but they are generally open from 7:30 or 8:00 am until 1:00 or 2:00 pm. Some banks may have branches in shopping malls with longer opening hours. Here are some of the most notable banks:
   1. Qatar National Bank (QNB): Qatar’s largest bank, it has numerous branches and subsidiaries throughout the country.
   2. Commercial Bank of Qatar: This bank is one of the oldest and largest in Qatar, offering a full range of banking services, including currency exchange.
   3. Doha Bank: Renowned for its innovative banking services, Doha Bank also offers foreign exchange services through its numerous branches.
   4. Qatar Islamic Bank (QIB): If you prefer a bank operating according to the principles of Islamic finance, QIB is an excellent option and also offers foreign exchange services.
   5. Al Rayan Bank: Another major bank operating according to the principles of Islamic finance, offering foreign exchange services.
   6. HSBC Qatar: The Qatari subsidiary of international bank HSBC offers foreign exchange services as well as a range of banking services for local and international customers.
   7. Barwa Bank: This is a relatively new bank in Qatar, offering foreign exchange and other banking services.

   These banks are generally open from Sunday to Thursday, with varying opening hours. They offer competitive exchange rates and are renowned for their reliability and security. Before you visit, it’s a good idea to check specific opening hours and whether currency exchange services are available at the branch you plan to visit.

2. 
   Currency exchange
   There are numerous bureaux de change in Qatar, particularly in tourist areas, shopping malls and airports. These offices often offer competitive exchange rates and more flexible opening hours than banks. Here is a list of popular exchange bureaus in Qatar, mainly in Doha:
   1. Al Fardan Exchange: This is one of Qatar’s oldest and most respected bureaux de change, offering a variety of financial services.
   2. Travelex: A well-known international chain, Travelex offers currency exchange services at airports and in some shopping malls.
   3. UAE Exchange: This exchange office is renowned for its reliable services and is present in several locations in Qatar.
   4. Al Dar for Exchange Works: offers foreign exchange and other financial services throughout the country.
   5. Doha Bank Exchange: This is the exchange office operated by Doha Bank, one of Qatar’s largest banks.
   6. Qatar-UAE Exchange: Another popular option, offering foreign exchange and money transfer services.
   7. Lulu Exchange: Present in Lulu supermarkets and other locations, this bureau offers competitive exchange rates.

   These bureaux de change are located throughout Qatar, including in Doha, shopping malls, business districts and airports. They are renowned for their reliability and the variety of currencies traded. It is always advisable to check the opening hours and compare the exchange rates offered by different offices before carrying out a transaction.

3. 
   Airports
   When you arrive in Qatar, you can exchange euros for Qatari Riyal at the airport. Exchange counters at the airport are convenient and open 24 hours a day, but rates may be less favorable than at banks or exchange offices in town.
4. 
   Automatic Teller Machines (ATMs)
   You can withdraw Qatari Riyals with your bank card from ATMs. ATMs accept most international cards and are available throughout the country. Check your bank’s transaction fees and exchange rate.
5. 
   Hotels
   Some hotels offer currency exchange services, but as with airports, rates may not be the most competitive.
6. 
   Practical advice
   Before changing a large sum of money, it’s a good idea to compare the rates offered in different places. Also bear in mind that Sundays are working days in Qatar, and weekends are Fridays and Saturdays.

It is advisable to carry a certain amount of Qatari Riyals on arrival for immediate expenses, such as transportation from the airport. For larger amounts, it is generally more advantageous to change money once in the country rather than in your home country.

3. Qatari tickets

Qatar’s banknotes, adorned with images reflecting the country’s cultural heritage, architecture, wildlife and economic achievements, are a vibrant tribute to its national identity and history. Pieces, although less frequently used, complete this range with their practical and functional design.