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

Compare today's QAR to USD (Qatari Riyal to US Dollar) exchange rates

Qatar
Micronesia
QAR
Interbank Exchange Rate: 1 QAR = 0.2744 USD
Updated about an hour ago

Found 4 Remittance Service Providers

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1000 QAR =
273.80 USD
Transfer Limit (QAR): No Limits
Locked-In Rate1 QAR = 0.2738 USD
(*)(*)(*)(*)(*)
1000 QAR =
273.70 USD
Transfer Limit (QAR): No Limits
Indicative Rate1 QAR = 0.2737 USD
(*)(*)(*)(*)(*)
1000 QAR =
272.10 USD
Transfer Limit (QAR): No Limits
Indicative Rate1 QAR = 0.2721 USD

📢 B2B transfers only
(*)(*)(*)( )( )
1000 QAR =
268.80 USD
Transfer Limit (QAR): No Limits
Indicative Rate1 QAR = 0.2688 USD

📢 New! Cash pickup available
1 Remit Service Providers did not match the search criteria.
(*)(*)(*)(*)(*)
1000 QAR =
274.10 USD
Transfer Limit (QAR): 24314 - No Limit
Indicative Rate1 QAR = 0.2741 USD

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 Qatari Riyal to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Qatar to Micronesia. Send money overseas to your loved ones by comparing Qatari Riyal (QAR) to US Dollar (USD) 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 Micronesia from Qatar, we currently have 4 remittance service providers available.

Currencyflow currently offers the most competitive rate for sending money to Micronesia and their 1 QAR to USD exchange rate today is 0.2738.

The next best Qatari Riyal to US Dollar exchange rate today for money transfers to Micronesia is offered by Cambridge Currencies (1 QAR = 0.2737 USD).

Verto and XE Money Transfer are amongst other competitive providers to consider for Qatar to Micronesia money transfers.

Were you looking to send money from Micronesia to Qatar 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 QAR to USD Conversion Rates

Here are some latest QAR to USD (Qatari Riyal to US Dollar) exchange rates for popular conversion amounts*.

1 QAR0.27 USD
5 QAR1.37 USD
10 QAR2.74 USD
25 QAR6.86 USD
50 QAR13.72 USD
100 QAR27.44 USD
150 QAR41.16 USD
200 QAR54.88 USD
250 QAR68.60 USD
300 QAR82.32 USD
400 QAR109.76 USD
500 QAR137.20 USD
600 QAR164.64 USD
700 QAR192.08 USD
800 QAR219.52 USD
1,000 QAR274.40 USD
1,500 QAR411.60 USD
2,000 QAR548.80 USD
2,500 QAR686.00 USD
3,000 QAR823.20 USD
4,000 QAR1,097.60 USD
5,000 QAR1,372.00 USD
10,000 QAR2,744.00 USD
15,000 QAR4,116.00 USD
20,000 QAR5,488.00 USD
30,000 QAR8,232.00 USD
40,000 QAR10,976.00 USD
50,000 QAR13,720.00 USD
100,000 QAR27,440.00 USD

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


What's the best way to send money to Micronesia from Qatar?

It can be very confusing when sending money from Qatar to Micronesia given so many choices. Additionally, Qatari Riyal to USD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Qatar to Micronesia as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Micronesia from Qatar. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Qatari Riyal to United States Dollar remittances.


How to get the best exchange rate for your money transfers from Qatar to Micronesia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Micronesia from Qatar. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your QAR to United States Dollar money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Qatar to Micronesia corridor to give you more good choices for your next USD money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way to send money to Micronesia from Qatar?

One of the most important things to watch out for is hidden fees when sending money to Micronesia from Qatar. 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 Micronesia using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your United States Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best QAR to Micronesia 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 Micronesia from Qatar.


Should I use my bank to transfer money from Qatar to Micronesia?

We do not recommend using your local bank in Qatar for your next QAR to USD overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Qatar to Micronesia (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending USD to Micronesia. These companies will let you use your local bank account in Qatar to pay for your Micronesia money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Micronesia from Qatar fast?

The speed of your Qatari Riyal to United States Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert QAR to USD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Micronesia from Qatar is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Micronesia if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout USD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Qatar bank to Micronesia bank transfer.


Which are the best money transfer companies to transfer money from Qatar to Micronesia?

Comparing money transfer companies for sending money to Micronesia from Qatar can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Micronesia. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Qatari Riyal to United States Dollar transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the United States Dollar yield on every Qatari Riyal that you send.


Step by step guide to transfer money to Micronesia from Qatar

Follow the below easy steps to send money to Micronesia from Qatar.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Qatar bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Micronesia).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your QAR to USD remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.