QAR to MAD Exchange Rate Today
Qatari Riyal to Moroccan Dirham conversion for Moroccan community in Qatar. Track live QAR/MAD rates every 30 minutes for remittances from Doha to Morocco—benefiting from QAR-USD peg stability and competitive exchange house rates.
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Frequently Asked Questions
What is the Qatari Riyal to Moroccan Dirham exchange rate?
The QAR to MAD exchange rate typically ranges between 2.7-2.8 MAD per 1 QAR. Since the Qatari Riyal is pegged to the US Dollar at 3.64 QAR = 1 USD (fixed since 2001), the QAR/MAD rate closely follows USD/MAD movements. This provides predictable exchange rates for Moroccan workers in Doha and other Qatari cities sending money home. Check our live converter for today's exact mid-market rate.
How can Moroccans in Qatar send money to Morocco?
Moroccans working in Doha, Al Rayyan, Al Wakrah have several remittance options: Qatar exchange houses (Al Mana Exchange, Janata Exchange, Gulf Exchange) offer competitive QAR/MAD rates with low fees (QAR 10-25); international services (Western Union, MoneyGram, Ria Money Transfer) provide fast transfers; online platforms (Wise, Remitly) often have better rates; major Qatari banks (QNB, Commercial Bank of Qatar) enable transfers with moderate fees. Compare total MAD received, not just advertised fees.
Is the QAR to MAD rate stable?
Yes, quite stable. Since QAR is pegged to USD at 3.64 QAR = 1 USD (maintained since 2001), the QAR/MAD rate primarily tracks USD/MAD movements. Qatar maintains this peg through its massive natural gas revenues (world's largest LNG exporter) and sovereign wealth fund. For Moroccan expats in Qatar (25,000+ community), this stability means predictable remittance values—your riyal salary converts to relatively consistent dirham amounts.
Do Qatar exchange houses give fair rates for MAD?
Qatar exchange houses generally provide better value than banks for QAR to MAD conversions. Houses like Al Mana, Janata, or Wall Street Exchange typically charge 0.5-1.5% above mid-market with fees around QAR 15-20. Qatari banks (QNB, Doha Bank, Commercial Bank) charge 2-3% margins plus QAR 30-50 fees. For the significant Moroccan workforce in Qatar's construction, hospitality, and service sectors, exchange houses are usually the most cost-effective option.
When should I send Riyals to Morocco for the best rate?
Since QAR tracks USD via the peg, timing depends on USD/MAD dynamics. Monitor US Federal Reserve policy, Qatar's energy export revenues, Morocco's economic data, and Bank Al-Maghrib decisions. For monthly family support to Casablanca, Marrakech, or Fes, regular transfers average out fluctuations. For large transfers (property investment, business capital), watch for periods when the dirham weakens against the dollar (and thus against the riyal).