Exchange Rates in Qatar Show Stability Amidst Market Fluctuations


Doha: Exchange rates for various currencies in Qatar have shown stability, with minor fluctuations noted in the buying and selling prices. The U.S. Dollar remains a stronghold in the market, with a buying rate of 3.63000 and a selling rate of 3.65000.



According to Qatar News Agency, the Omani Riyal exhibited a slight range, with buying and selling rates at 9.40000 and 9.64800 respectively. The New Zealand Dollar also reflected some activity, with its buying rate at 2.12340 compared to a selling rate of 2.24850.



The Malaysian Ringgit and Singapore Dollar showed similar trends, with the Ringgit buying at 0.81580 and selling at 0.88120, while the Singapore Dollar was at 2.80130 for buying and 2.92530 for selling. Additionally, the Philippine Peso and the Turkish Lira had buying rates of 0.05870 and 0.08080, and selling rates of 0.06630 and 0.09630 respectively.



Precious metals also displayed consistent rates, with silver priced between 41.07000 for buying and 41.12000 for selling. Gold maintained a steady value, with a buying rate of 3631.65990 and a selling rate of 3632.55610, while platinum was bought at 1385.30000 and sold at 1389.80000.



The Norwegian Krona, Swedish Krona, and South African Rand showed varied buying and selling rates, indicating differing market dynamics. The Krona’s rates were 0.33960 and 0.40080, while the Swedish Krona varied between 0.36410 and 0.42870. The South African Rand’s selling rate stood at 0.22440, with no available buying rate.



Overall, the currency exchange rates in Qatar have remained largely stable with some variations, reflecting ongoing market conditions and economic factors.