Currency.Wiki

1 Qatari Rial to Turkish Lira

Updated 2 minutes ago
Convert 1 QAR:TRY
 QAR =
    TRY
 Qatari Rial =  Turkish Lira
Trending: QR exchange rates for the last 24 hours
  • QAR/USD 0.274298 -0.00035167
  • QAR/EUR 0.254058 -0.00242075
  • QAR/JPY 42.846194 1.44946278
  • QAR/GBP 0.218310 0.00016642
  • QAR/CHF 0.248881 0.00513189
  • QAR/MXN 4.610853 -0.11447719
  • QAR/INR 22.905116 0.09128781
  • QAR/BRL 1.415159 0.05468114
  • QAR/CNY 1.983944 0.00929386

QAR/TRY exchange rate analysis over the past 90 days

Qatari Rial to Turkish Lira exchange rate: Over the last 90 days, the Qatari Rial strengthened by 4.46% against the Turkish Lira, moving from TL8.4394 to TL8.8335 per Qatari Rial. This trend reflects the evolving economic dynamics between the Qatar and the Turkey. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Qatar and Turkey.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Qatar and Turkey.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Qatar or Turkey.
  • Global Influences: Broader economic or geopolitical events that can impact both the Qatar and the Turkey.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

qar/try Historical Chart

QR
Qatari Rial Currency

Country: Qatar

Symbol: QR

ISO Code: QAR

Bank: Qatar Central Bank

Interesting fact about Qatari Rial

The Qatari Rial (QAR) is the official currency of Qatar. It was introduced in 1973 following the independence of Qatar from the British Protectorate. The QAR is divided into 100 dirhams and is pegged to the US dollar at a fixed exchange rate of 3.64 QAR to 1 USD. The QAR holds significance in Qatar as it is widely accepted for all transactions and plays a crucial role in the country's economy.

TL
Turkish Lira Currency

Country: Turkey

Symbol: TL

ISO Code: TRY

Bank: Central Bank of the Republic of Turkey

Interesting fact about Turkish Lira

The Turkish Lira (TRY) is the official currency of Turkey. It was first introduced in 1923 during the establishment of the modern Turkish Republic. Over the years, the Lira has faced periods of high inflation and numerous currency reforms. Today, it is a significant symbol of Turkey's economy and has a crucial role in trade, commerce, and daily transactions within the country.

Quick Conversion Guide

Frequently Asked Questions

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The Qatari Rial to Turkish Lira exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 QAR to TRY is TL8.83.
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Yes, our site provides historical charts that show the trends and fluctuations in the Qatari Rial to Turkish Lira exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.