Qatari Riyal to Pakistani Rupee
QAR to PKR interbank reference rate, last month
QAR to PKR conversion table
PKR to QAR conversion table
About the Qatari Riyal in Pakistan
Qatar’s Pakistani workforce grew sharply through the last decade of construction, and the riyal now moves through the same channels as its Saudi namesake — bank remittances plus cash carried home on leave.
The Qatari riyal is pegged to the dollar at 3.64. Its rupee rate is effectively the dollar rate divided by that peg, so it moves when USD/PKR moves and rarely otherwise.
Before you exchange QAR
Qatari and Saudi riyals share a name and a symbol but are different currencies at different rates. Check which one a counter has quoted before you accept it.
Buy rate, sell rate and the spread
What one Qatari Riyal has cost, since 1980
| Year | PKR per QAR | What happened |
|---|---|---|
| 1980 | 2.72 | The riyal was pegged at 3.64 to the dollar. |
| 1982 | 3.53 | Pakistan left the dollar peg for a managed float. |
| 2000 | 14.26 | The float was widened after the 1998 sanctions and the rupee settled near fifty. |
| 2008 | 21.73 | A balance-of-payments crisis and an IMF programme. |
| 2019 | 42.58 | The rupee moved to a market-determined rate under the IMF programme. |
| 2023 | 84.34 | The rupee reached its weakest level against the dollar so far, in September. |
| Today | 76.14 | Open market buying rate, published . |
Where to exchange QAR
- Best currency exchanges in Karachi 236 branches buying and selling QAR
- Best currency exchanges in Lahore 208 branches buying and selling QAR
- Best currency exchanges in Islamabad 97 branches buying and selling QAR
- Best currency exchanges in Rawalpindi 69 branches buying and selling QAR
- Best currency exchanges in Sialkot 52 branches buying and selling QAR
- Best currency exchanges in Faisalabad 51 branches buying and selling QAR
- Best currency exchanges in Peshawar 39 branches buying and selling QAR
- Best currency exchanges in Gujranwala 35 branches buying and selling QAR
Common questions
What is the QAR to PKR rate today?
One Qatari Riyal costs 76.48 Pakistani rupees to buy on the open market, and selling one gets you 76.14 rupees. This is the national open market rate, maintained by our editorial team and updated through the day — an individual counter may quote either side of it.
Why is the QAR rate at the counter different from the interbank rate?
The interbank rate is a wholesale price for trades between banks in size. A counter has to cover the cost of holding physical notes, the risk that the rate moves while it holds them, and its own margin. That gap is normal; what varies is how wide it is, which is why comparing branches is worth doing.
Is the Qatari Riyal value going down?
We do not have enough recorded open market readings for QAR yet to answer that honestly. The chart above shows what has been recorded so far, and it fills as the board is updated. A rising figure means the rupee is weakening against the Qatari Riyal, not the other way round.
What is the highest QAR to PKR rate ever?
We have no recorded series for QAR yet, so we cannot quote a high from our own data, and we will not repeat one we have not measured. For context, in 2023 — the rupee's weakest year so far — one Qatari Riyal cost roughly 84 rupees.
Which rate do I get when I sell QAR?
The buying rate — 76.14 rupees per Qatari Riyal today. It is called the buying rate because it is the rate the exchange company buys at; you are the one selling. The other figure, 76.48, is what you would pay to buy QAR from them.
Why is the selling rate higher than the buying rate?
Because the gap between them is what the exchange earns. A counter holds physical notes, carries the risk that the rate moves while it holds them, and pays for staff, security and the cash itself — the spread covers that. Today's gap on QAR is 0.34 rupees per unit, which is 0.44% of the selling rate. A wide spread costs you twice if you buy and then sell back, so it is worth comparing.
Do ﷼100 notes get a better rate than small notes?
For dollars, yes — the 100-dollar note usually fetches a better rate than small notes. For the Qatari Riyal, denominations are generally quoted at the same rate, so a counter should not pay you less for smaller notes. Condition still matters: torn, marked or heavily creased notes are discounted or refused in any currency.
How much QAR can I buy in a day?
Up to about 18,229 QAR a day for travel, and up to about 36,459 QAR a day if you are depositing it into a foreign currency account. Those are the State Bank's limits for cash at an exchange company, written in dollars (5,000 and 10,000 USD) and converted here at today's board rate, so the figures move with the rate. Your original CNIC is required, biometric verification applies from 500 dollars upwards, and a travel purchase needs a passport, the visa where applicable and a confirmed ticket, with supporting documents from 1,000 dollars upwards.
Is the bank rate better than the open market rate?
It depends on the currency, and it is worth checking both. Today QAR sells on the open market above the interbank reference by 0.57%. As a rule the dollar trades on the open market above interbank, because cash dollars are in demand; most other currencies trade close to, or a little below, their own interbank rate. A bank will also apply its own margin and may not hold the currency in cash at all, which is why travellers usually end up at an exchange company.
Where can I exchange QAR in Pakistan?
At any exchange company licensed by the State Bank of Pakistan. We list 129 cities with verified branches, and every company shown is checked against the SBP register before it appears.
Do I need documents to buy QAR?
Yes. Your original CNIC, NICOP or POC is always required, and biometric verification applies to Pakistani nationals from USD 500 upwards. A travel purchase also needs a passport, the visa where applicable, and a confirmed ticket, with supporting documents required from USD 1,000 upwards.