Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's ISK to QAR (Icelandic Krona to Qatari Riyal) exchange rates

Iceland
Qatar
ISK
Interbank Exchange Rate: 1 ISK = 0.0298 QAR
Updated about an hour ago

Found 2 Remittance Service Providers

( )( )( )( )( )
1000 ISK =
29.70 QAR
Transfer Limit (ISK): No Limits
Indicative Rate1 ISK = 0.0297 QAR
(*)(*)(*)(*)(*)
1000 ISK =
29.40 QAR
Transfer Limit (ISK): No Limits
Indicative Rate1 ISK = 0.0294 QAR

📢 Get promotional rate on your first transfer

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Icelandic Krona to Qatari Riyal money transfers

Easily compare money transfer providers in one place to send money from Iceland to Qatar. Send money overseas to your loved ones by comparing Icelandic Krona (ISK) to Qatari Riyal (QAR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

When making a money transfer to Qatar from Iceland, we currently have 2 remittance service providers available.

Rutland FX currently offers the most competitive rate for sending money to Qatar and their 1 ISK to QAR exchange rate today is 0.0297.

The next best Icelandic Krona to Qatari Riyal exchange rate today for money transfers to Qatar is offered by Profee (1 ISK = 0.0294 QAR).

Were you looking to send money from Qatar to Iceland instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest ISK to QAR Conversion Rates

Here are some latest ISK to QAR (Icelandic Krona to Qatari Riyal) exchange rates for popular conversion amounts*.

1 ISK0.03 QAR
5 ISK0.15 QAR
10 ISK0.30 QAR
25 ISK0.75 QAR
50 ISK1.49 QAR
100 ISK2.98 QAR
150 ISK4.47 QAR
200 ISK5.96 QAR
250 ISK7.45 QAR
300 ISK8.94 QAR
400 ISK11.92 QAR
500 ISK14.90 QAR
600 ISK17.88 QAR
700 ISK20.86 QAR
800 ISK23.84 QAR
1,000 ISK29.80 QAR
1,500 ISK44.70 QAR
2,000 ISK59.60 QAR
2,500 ISK74.50 QAR
3,000 ISK89.40 QAR
4,000 ISK119.20 QAR
5,000 ISK149.00 QAR
10,000 ISK298.00 QAR
15,000 ISK447.00 QAR
20,000 ISK596.00 QAR
30,000 ISK894.00 QAR
40,000 ISK1,192.00 QAR
50,000 ISK1,490.00 QAR
100,000 ISK2,980.00 QAR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Iceland to Qatar?

Sending money internationally to Qatar from Iceland can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Icelandic Krona to QAR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Qatar. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Qatari Riyal.


How to get the best remit rate for transferring money from Iceland to Qatar?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Qatar from Iceland.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ISK to Qatari Riyal remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for ISK to QAR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to transfer money from Iceland to Qatar?

One of the most important things to watch out for is hidden fees when sending money to Qatar from Iceland. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Qatar using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Qatari Riyal foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ISK to Qatar exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Qatar from Iceland.


How to send money to Qatar from Iceland through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low ISK to QAR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Iceland to Qatar money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Qatar from Iceland. They do this by letting you fund your transaction through your local bank account in Iceland, and by allowing you to choose the payout to be your recipient's bank account in Qatar. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Iceland to Qatar fast?

It could be a stressful experience if you need to rush money quickly from Iceland to Qatar. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert ISK to QAR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Qatari Riyal. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Iceland to Qatar money transfers.


Which are the best money transfer companies to send money to Qatar from Iceland?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Iceland to Qatar, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Icelandic Krona to Qatari Riyal exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your QAR money transfers to Qatar. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Qatar getting more money for every Icelandic Krona you send.


Step by step guide to send money to Qatar from Iceland

The first step to send money to Qatar from Iceland is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your ISK to QAR overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Qatar if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Iceland bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Qatar!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Iceland to Qatar.