Convert 1 Qatari Rial (QAR) to British Pound Sterling (GBP)
Exchange rates used for currency conversion updated on June 05th 2020 ( 06/05/2020 )
Below you will find the latest exchange rates for exchanging Qatari Rial (QAR) to British Pound Sterling (GBP) , a table containing most common conversions and a chart with the pair's evolution.
The Qatari Rial (QAR) to British Pound Sterling (GBP) rates are updated every minute using our advanced technology for live forex currency conversion. Check back in a few days for things to buy with this amount and information about where exactly you can exchange currencies online and offline.
The official unit of currency in Qatar is the rial. The rial is subdivided into 100 dirhams and comes in denominations of 1, 5, 10, 50, 100 and 500 riyals. Foreign currency can easily be exchanged through banks, moneychangers, the Bureau de Change and at many airport terminals, hotels and other establishments. The Bureau de Change typically offers the lowest commission fee for currency exchanges.
About British Pound Sterling (GBP)
Monetary policies affecting the pound sterling (GBP) are dispersed amongst 8 separate central banks throughout the territories, dependencies, and countries of the United Kingdom. The Bank of England is the primary central bank and is responsible for monetary policy and currency issuance in England, Wales, Scotland, and Northern Ireland. This floating currency is the third most widely held reserve currency in the world. The future of the GBP is dependent upon the political decision of whether or not to allow the GBP to be absorbed by the euro, effectively placing all of the United Kingdom into the eurozone.