QAR/ZAR
Market Open
15 Jun, 10:03
R
4. 441070
+0.006984
+0.1575%
R
48,821 Volume
R 4.434086
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QARZAR Overview
QARZAR denotes the exchange rate of the Qatari Riyal (QAR) quoted in South African Rand (ZAR). It shows how many rand are needed to purchase one riyal and provides a direct measure of the relative value between the two currencies.
The Qatari Riyal is the official currency of the State of Qatar in the Gulf region. Issued and regulated by the Qatar Central Bank, the riyal underpins domestic payments, financial market activity and transactions linked to Qatar’s energy sector.
The South African Rand is the legal tender of the Republic of South Africa and is also used in some neighboring countries. The South African Reserve Bank issues and manages the rand, which functions as the primary currency for one of Africa’s largest economies.
The QARZAR rate is formed by supply and demand in foreign-exchange markets and is influenced by interest rate differentials, inflation trends and monetary policy decisions in both jurisdictions. Trade flows, capital movements, commodity-price shifts and geopolitical developments further affect the pair, while central-bank interventions and liquidity conditions can drive short-term volatility.
Monitoring QARZAR is useful for traders, corporates and investors for trade settlement, hedging currency exposure and informing cross-border investment or speculative strategies involving Gulf and South African market linkages.
The Qatari Riyal is the official currency of the State of Qatar in the Gulf region. Issued and regulated by the Qatar Central Bank, the riyal underpins domestic payments, financial market activity and transactions linked to Qatar’s energy sector.
The South African Rand is the legal tender of the Republic of South Africa and is also used in some neighboring countries. The South African Reserve Bank issues and manages the rand, which functions as the primary currency for one of Africa’s largest economies.
The QARZAR rate is formed by supply and demand in foreign-exchange markets and is influenced by interest rate differentials, inflation trends and monetary policy decisions in both jurisdictions. Trade flows, capital movements, commodity-price shifts and geopolitical developments further affect the pair, while central-bank interventions and liquidity conditions can drive short-term volatility.
Monitoring QARZAR is useful for traders, corporates and investors for trade settlement, hedging currency exposure and informing cross-border investment or speculative strategies involving Gulf and South African market linkages.
QARZAR Chart
QARZAR FAQ
What is the current QAR/ZAR price?
The current rate is R4.441070, reflecting the latest available market price based on global forex liquidity and trading activity.
How much has the QAR/ZAR rate changed today?
The rate has changed by +0.006984 (+0.1575%) compared to the previous close, reflecting current forex market activity.
What was the previous closing rate?
The previous close was R4.434086, which serves as a reference point for measuring daily performance.
What does the daily range indicate?
The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.
Why is QAR/ZAR moving up or down?
Movements in QAR/ZAR are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.
How is the percentage change calculated?
The percentage change (+0.1575%) is based on the difference between the current rate and the previous closing rate.
Is QAR/ZAR trending up or down right now?
If the current rate (R4.441070) is above the previous close (R4.434086), it indicates upward movement. If below, it suggests a downward trend.
Where can I track live rates and charts?
You can monitor real-time rates, charts, and key market data for QAR/ZAR directly on this page.
