Compare today's QAR to PHP (Qatari Riyal to Philippine Peso) exchange rates
📈 Qatar to Philippines Money Transfer Snapshot Today
- Best QAR to PHP exchange rate today: PHP 16.2958, offered by Regency FX
- Number of money transfer providers compared: 6
- Exchange rate range: PHP 15.8904 to PHP 16.2958
- Potential savings on QAR 1000: PHP 405.40
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real QAR to PHP exchange rate before providers add their margin or fees. exchange rate: 1 QAR = PHP 16.2032 (Updated about an hour ago)
See detailed Qatar to Philippines money transfer comparison below.
Money Transfer Providers that matched the search criteria
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💡What today's QAR-PHP exchange rates mean for you
Compare today's QAR-PHP exchange rates and send money from Qatar to Philippines after comparing numerous money transfer providers. Check the latest exchange rates, read detailed provider reviews, and discover deals and promo codes — all in one place.
RemitFinder compared 6 providers that you can rely on for Qatar to Philippines money transfers today. Here is a summary of how the competition looks like right now:
Today's Most Competitive Qatar to Philippines Providers
🥇 Regency FX with 1 QAR = 16.2958 PHP (best QAR to PHP exchange rate today).
🥈 Key Currency offering 1 QAR = 16.2958 PHP.
🥉 Currencyflow & Cambridge Currencies are also providing good FX rate today.
The exchange rate provided by these 6 providers ranges from PHP 15.8904 to PHP 16.2958. For a QAR 1000 money transfer from Qatar to Philippines, that could mean up to PHP 405.40 saved on FX alone.
QAR-PHP exchange rates fluctuate throughout the day, and top positions can change quickly. This volatility can significantly impact the final PHP payout that your recipient gets in Philippines.
That's why we recommend comparing money transfer providers to ensure you can maximize the value of your Qatar to Philippines remittances.
🔄 Looking for the reverse corridor? Send money from Philippines to Qatar instead.
Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Qatar.
👇 We also suggest looking beyond today's QAR-PHP exchange rate — historical pricing trends show many factors that can affect the overall transfer cost of your transfer.
Whilst QAR-PHP exchange rate is crucial, historical data shows that transfer fees, QAR amount sent and payment and delivery methods can also significantly influence your final payout.
Below, we analyze Qatar to Philippines historical remittance data to help you understand where costs may arise and share some best practices to try to maximize your PHP payout.
Data-driven cost insights for Qatar to Philippines money transfers
When you send money internationally from Qatar to Philippines, the key factors that will influence the overall cost of your transaction are:
- QAR-PHP exchange rate
- Transfer fee
- Payment method
- Delivery method
Ideally, you would want to optimize these 4 factors to try to get the maximum PHP payout for your overseas recipient in Philippines.
Another counter-balancing aspect is money transfer speed. If you need to rush money from Qatar to Philippines, you may have to compromise on some of the above factors whilst optimizing for speed.
To put this into a better perspective using a data-driven approach, we analyzed historical remittance pricing1 for Qatar to Philippines money transfers to compare transfer costs, FX margins, fees, and payment and delivery methods across providers.
This analysis is based on 175 actual Qatar to Philippines money transfers handled by 9 providers over the last 5 years (for a QAR 730 remittance benchmark).
This data-driven approach using real QAR-PHP transfer data provides useful insights into identifying the lowest-cost payment and delivery combinations, thereby helping you reduce costs and maximize the amount received.
Before we deep dive, here are the key trends from our analysis, summarized in an easy to read format.
📌 Key insights for Qatar to Philippines money transfers
- Average total cost: 3.66% (range 0.09% to 9.01%, spread 8.92 percentage points)
- Potential payout difference: On a QAR 730 transfer, the above variation can save you up to QAR 65.12.
- Average FX markup: 1.32% (range -1.31%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. to 6.27%, spread 7.58 percentage points) - Average transfer fee: QAR 17.05 (range QAR 0.00 to QAR 25.00)
- Cheapest payment/delivery method combo: Mobile Wallet → Mobile Wallet (1.35% avg cost); most expensive is Bank Account Transfer → Bank Deposit (5.10%)
- Payment/delivery method choice impact: Cheapest vs most expensive combo saves 3.75% (QAR 27.38 on QAR 730 transfer).
- Market coverage: ~9 providers on average (competition level: moderate)
- Average speed: About 22 hours
🛠️ Key takeaway: Compare providers using both exchange rate and fees, then optimize your payment and delivery methods to reduce total cost.
Below, we provide detailed data-driven insights on various factors that influence the total cost of your Qatar to Philippines money transfers.
📈 QAR to PHP exchange rate is often the biggest driver of both cost and payout
The exchange rate on your Qatar to Philippines money transfers is usually the single biggest factor that will determine your overall QAR cost and your recipient's PHP payout.
To analyze exchange rates, we will rely on the exchange rate markup (also called FX margin) which is the difference between the mid-market exchange rate
Based on historical pricing data for a QAR 730 money transfer benchmark, we see the following FX markup ranges for Qatari Riyal to Philippines transfers:
- Average markup: 1.32%
- Median markup: 1.08%
- Lowest markup: -1.31%
ⓘA negative markup generally represents a promotional exchange rate whereby a provider offers an exchange rate that is even higher than the mid-market rate, often on smaller amounts. - Highest markup: 6.27%
That is a spread of 7.58 percentage points between the lowest and highest observed FX markups.
To put this into perspective, on a QAR 730 transfer, the above markup range is equivalent to roughly PHP 55.33 purely from differences in the exchange rate. That incremental saving increases to PHP 137.96 for a QAR 1820 transfer.
🛠️ How to use this insight: When comparing providers for Qatar to Philippines remittances, pay close attention to the exchange rate you receive. A small difference in the FX markup can quickly outweigh other factors like fees, and the gap generally grows as transfer amounts increase.
QAR to PHP exchange rate can be the single most critical factor that determines the cost of your transfer. When comparing providers, keep an eye on the rate you will get.
💰 Transfer fees affect your total Qatar to Philippines remittance cost
Whilst exchange rate is a major factor affecting total transfer cost, the transfer fee can also have a big impact on how much of your Qatari Riyal reaches your recipient in Philippines.
Based on data from last 5 years, we notice the below about Qatari Riyal to Philippines money transfer fees:
- Average fee: QAR 17.05
- Median fee: QAR 15.00
- Lowest fee: QAR 0.00
- Highest fee: QAR 25.00
The average fee amount of QAR 17.05 noted above represents 2.34% of the total amount sent.
Also note that even if two providers provide the same exchange rate, a best vs worst case transfer fee can increase the payout by QAR 25.00.
🛠️ How to use this insight: For your next money transfer from Qatar to Philippine Peso, look for providers that provide lower (or even 0) fees.
One caveat to this, though, is something called the hidden fee. Some providers may hide their real fees by offering a 0 or low fee, but providing a lower exchange rate. The money lost due to an inferior FX rate affects your bottom line and is referred to as a hidden fee. Therefore, you should also keep an eye on rates whilst paying attention to fees.
Another point that you should keep in mind is that for larger transfers, fixed fees become a lesser percentage of total amount. But for smaller transfers, fees can be a major part of total cost.
💸 Payment and delivery methods matter for QAR-PHP remittances
Based on our detailed analysis of historical Qatar to Philippines data, we see consistent variation in overall cost amongst the payment method and delivery method you choose.
Here is the average cost for popular payment methods used to send money to Philippines from Qatar:
- Mobile Wallet: 2.39%
- Credit Card: 3.10%
- Debit Card: 3.42%
- Cash: 3.59%
- Bank Account Transfer: 5.06%
That is a total spread of 2.68 percentage points.
This means that on a QAR 730 transfer, you could save up to QAR 19.55 simply by choosing the best priced payment method.
These savings will only multiply for higher QAR amounts.
Here is the average cost of popular delivery methods used to send money from Qatar to Philippines:
- Mobile Wallet: 1.35%
- Bank Deposit: 3.64%
- Cash Pickup: 3.74%
The cost difference between the above delivery methods is 2.39 percentage points.
Once again, this means that you could save up to QAR 17.42 on a QAR 730 transfer to Philippines by choosing Mobile Wallet versus Cash Pickup.
As you can imagine, the possible combinations of Qatar payment methods and Philippines delivery methods will all have disparate cost. Let us look at that next.
Here is a summary of the average cost of payment and delivery method combinations for Qatar to PHP money transfers.
| Payment Method | Delivery Method | Average Cost (%) |
|---|---|---|
| Mobile Wallet | Mobile Wallet | 1.35 |
| Cash | Bank Deposit | 2.85 |
| Mobile Wallet | Cash Pickup | 2.90 |
| Credit Card | Cash Pickup | 3.10 |
| Debit Card | Cash Pickup | 3.42 |
| Cash | Cash Pickup | 3.88 |
| Bank Account Transfer | Cash Pickup | 4.30 |
| Bank Account Transfer | Bank Deposit | 5.10 |
Sorted by Average Cost % (cheapest to most expensive).
As you can see, the difference between these QAR-PHP payment and delivery options is significant. Here are some observations:
- Mobile Wallet → Mobile Wallet has the lowest average cost at 1.35%.
- Bank Account Transfer → Bank Deposit has the highest average cost at 5.10%.
- Mobile Wallet → Mobile Wallet average cost is 3.75 percentage points lower than that of Bank Account Transfer → Bank Deposit.
- This means that on a QAR 730 money transfer, you could save up to QAR 37.26 simply by choosing the best payment and delivery method combo.
- Further, on a QAR 1820 money transfer, the savings increase to QAR 92.89.
Here is a quick summary of the average historical cost of various payment and delivery methods for QAR to Philippines money transfers.
💸 Cheapest payment and delivery methods (data-backed)
- Cheapest payment method: Mobile Wallet averaged 2.39%, compared to 5.06% for Bank Account Transfer, a difference of 2.68 percentage points.
- Cheapest delivery method: Mobile Wallet averaged 1.35%, compared to 3.74% for Cash Pickup (2.39 percentage points higher).
- Cheapest combo: Mobile Wallet → Mobile Wallet averaged 1.35%, which is 3.75 percentage points lower than Bank Account Transfer → Bank Deposit (5.10%).
🛠️ How to use this insight: As you compare money transfer providers for your next Qatar to Philippines international money transfer, strive to pair the lowest-cost payment method with the lowest-cost delivery method.
This can help you avoid the pitfall of "great exchange rate, expensive methods".
You can save money on your Qatar to Philippines remittances by carefully choosing the most economical payment and delivery methods.
🏦 Are banks more expensive than money transfer providers for QAR-PHP remittances?
When we compared Qatar banks with money transfer providers based on 5 years of remittance data, we noticed some patterns.
We observed that traditional banks charged 1.59 percentage points more on average than money transfer providers for Qatar to Philippines remittances.
This means banks tend to be approximately 1.46x more expensive than money transfer companies.
Here are the key stats behind this comparison:
| Banks | MTOs^ | Difference | |
|---|---|---|---|
| Average transfer fee | QAR 14.75 | QAR 17.35 | QAR -2.60 |
| Exchange rate markup | 3.04% | 1.10% | 1.95 pp* |
| Average total cost (%) | 5.06% | 3.47% | 1.59 pp* |
^MTO: Money transfer operator, a commonly used term for a money transfer provider
*Percentage points
🛠️ How to use this insight: Whilst banks in Qatar may offer convenience and familiarity, money transfer providers often deliver lower overall cost due to their better exchange rates and lower fees. Even if you want to send money overseas with your bank in Qatar, we recommend comparing with money transfer companies to find your best options.
📊 Does sending more money reduce the cost of QAR-PHP money transfers?
To see if transfer cost varies based on the amount sent, we compared the average cost of sending QAR 730 vs QAR 1820 from Qatar to Philippines.
We found that sending a higher amount (QAR 1820) tends to be cheaper - average cost drops from 3.66% to 2.26%, a reduction of 1.40 percentage points.
The cost of your transfer usually continues to drop as transfer amount increases. That said, always check the latest exchange rates and fees for your intended transfer amount.
🛠️ How to use this insight: Since it is generally cheaper to send higher Qatari Riyal amounts to Philippines, consider consolidating smaller, more frequent transfers into fewer, larger ones. Doing so may reduce the total cost you pay.
🏛 How competitive is the Qatar to Philippines remittance market?
Based on data from the last 5 years, QAR-PHP money transfers are provided on an average by 9 remittance companies. With around 9 providers serving this market, we consider the level of competition to be moderate.
Traditional banks have represented only 11.1% of active providers in this corridor (1 out of 9), meaning money transfer companies make up the majority.
A remittance market with more active providers is typically more competitive. This means you can get a better pricing and more payment and delivery options for your Qatar to Philippines remittances.
⏱️ How fast are QAR-PHP money transfers?
If your recipient in Philippines needs funds urgently, you may need to optimize your transfer for speed.
Here is what we see for Qatar to Philippines transfers when it comes to processing time:
- Average transfer time: About 22 hours.
- Fastest transfer time: About less than 1 hour.
- Slowest transfer time: About 96 hours (~4.0 days).
- Average speed at QAR 730: About 22 hours.
- Average speed at QAR 1820: About 22 hours.
Banks vs money transfer providers speed comparison: Banks take 52 hours longer on average than money transfer providers.
🛠️ How to use this insight: If you need to send money from Qatar to Philippines in a hurry, compare providers not just on exchange rate, but also on expected speed. Speed also varies based on the delivery method (bank vs cash vs wallet) you choose for Philippines.
Qatar to Philippines transfer speed varies across providers, so compare transfer speed along with cost for time-sensitive money transfers. In addition, pick the fastest payment and delivery methods for faster processing.
Frequently Asked Questions about Qatar to Philippines money transfers
These FAQs use data from RemitFinder's historical analysis of Qatar to Philippines money transfers over several years.
What factors affect the total cost of sending money from Qatar to Philippines?
The total cost of your QAR-PHP money transfer depends on how you fund the transaction (payment method), how the recipient receives it (delivery method), the exchange rate you get, and any transfer fee charged by the provider.
To avoid overpaying for your transfer, compare money transfer providers.
How much does the exchange rate affect Qatar to Philippines transfers?
Historical QAR to PHP exchange rate markup ranges from -1.31% to 6.27%, a spread of 7.58 percentage points. Even small differences in the exchange rate markup can impact your final payout significantly.
Can QAR-PHP exchange rate markup be negative?
Sometimes, money transfer providers may offer promotional exchange rates that are better than the mid-market exchange rate, resulting in a negative QAR-PHP exchange rate markup.
Such offers are generally limited by transfer amount, eligibility, or duration. Compare providers to see if you can take advantage of any ongoing special offers.
Is the exchange rate or the transfer fee more important for Qatar to Philippines transfers?
Exchange rate markup ranges from -1.31% to 6.27% (a spread of 7.58 percentage points).
Transfer fees range from QAR 0.00 to QAR 25.00, which equals roughly 3.42% on a QAR 730.00 transfer.
At both QAR 730.00 and QAR 1820.00, the exchange rate markup shows larger variation than the other component.
Regardless, our recommendation is that it is important to compare both exchange rates and fees when choosing a provider for Qatar to Philippines transfers.
As the transfer amount increases, the % impact of fees decreases (because the fee gets spread across a larger QAR amount), whilst exchange rate markup remains a percentage-based cost that can scale with transfer size.
For smaller transfers, fees can matter more, whilst for larger transfers, exchange rate often becomes the bigger driver. Either way, comparing both helps you get the most PHP for your QAR.
How much can Qatar to Philippines transfer costs vary between providers?
Historical transfer cost ranges from 0.09% to 9.01% for QAR transfers to Philippines. That is a spread of 8.92 percentage points, meaning significant differences between various money transfer providers.
A major contributor to this variation is exchange rate markup. FX markup alone ranges from -1.31% to 6.27% (a spread of 7.58 percentage points). Thus, even small differences in FX margin can have a big impact on the final PHP payout.
Why do various money transfer providers price QAR to Philippines transfers differently?
If you send the same Qatari Riyal amount to Philippines via different providers, the cost of each transfer will be different because of variations in FX markup, fees, and payment and delivery methods.
Even small differences among all the above factors can change the final PHP payout in Philippines in a big way.
How stable are transfer costs in the Qatar to Philippines corridor?
When we analyzed the historical total cost for QAR-PHP transfers, we observed a range from 0.09% to 9.01% (8.92 percentage points difference), along with a variability (standard deviation) of 1.46%.
A major driver of cost in this market is exchange rate markup. FX markup ranges from -1.31% to 6.27% (7.58 percentage points difference), with a standard deviation of 1.39%. Fees and payment/delivery method choices can contribute to further volatility.
This is exactly why we recommend comparing money transfer providers to get the most of your QAR-PHP transfers.
Which payment method is cheapest for Qatar to Philippines remittances?
Mobile Wallet is the cheapest payment method in Qatar based on its average cost at 2.39% (compared to Bank Account Transfer at 5.06%, a difference of 2.68 percentage points).
Based on this, we recommend paying for your QAR transfer with Mobile Wallet, and avoiding Bank Account Transfer if possible.
Is Debit Card cheaper than Credit Card for Qatar to Philippines transfers?
Credit Card is cheaper on average when sending money to Philippines from Qatar since it costs 3.42% (compared to 3.10% for Credit Card payments, a difference of 0.32 percentage points).
As a result, we recommend that you avoid paying for your transfer to Philippines with a Credit Card.
Which delivery method is cheapest for QAR-PHP money transfers?
Mobile Wallet is the cheapest delivery method in Philippines as it costs 1.35% (compared to Cash Pickup at 3.74%, a spread of 2.39 percentage points).
If your recipient in Philippines can accept Mobile Wallet, we recommend choosing it as your preferred delivery option for QAR-PHP transfers.
Is Bank Deposit cheaper than Cash Pickup for Qatar to Philippines transfers?
Bank Deposit is cheaper for transfers to Philippines given its 3.64% average cost (versus 3.74% for Cash Pickup, a difference of 0.10 percentage points).
To save more, consider choosing the cheapest delivery option for Philippines.
What is the cheapest way to send money from Qatar to Philippines?
We evaluated 8 payment and delivery method combinations for Qatar to Philippines remittances.
Based on historical data, Mobile Wallet → Mobile Wallet is the cheapest combination with 1.35% cost.
At the other end of the spectrum, Bank Account Transfer → Bank Deposit is the most expensive combination at 5.10% cost. That is a difference of 3.75 percentage points between the cheapest and most expensive combinations.
Money transfer providers tend to price payment and delivery methods for Qatar to Philippines remittances differently. As you compare options, look for the cheapest payment-delivery method combo to maximize the value of your QAR-PHP transfers.
Does sending more money reduce the cost for Qatar to Philippines transfers?
Larger QAR-PHP transfers are cheaper on average.
The cost of a QAR 730 transfer averages 3.66% as compared to 2.26% for a QAR 1820 transfer, a difference of 1.40 percentage points.
How long does it take to send money from Qatar to Philippines?
Based on our analysis, the average transfer time for QAR-PHP transfers is 22 hours, with the fastest transfers completing in less than one hour and the slowest in 96 hours (~4.0 days).
Are instant transfers available from Qatar to Philippines?
Yes, historical data shows that some transfers to Philippines from Qatar can complete in less than one hour.
Note that the actual speed of your QAR-PHP transfer will depend on the chosen provider, payment method, delivery method, and eligibility checks.
Are banks more expensive than money transfer companies for Qatar to Philippines?
Banks in Qatar are more expensive than money transfer providers.
The average cost of banks is 5.06% compared to 3.47% for money transfer providers in Qatar, a difference of 1.59 percentage points.
Why do banks charge more for Qatar to Philippines transfers?
Bank transfers in Qatar cost 5.06% compared to 3.47% for money transfer companies.
The difference is often due to the fact that banks in Qatar provider lower exchange rates and charge high wire transfer fees.
How competitive is the Qatar to Philippines remittance market?
Based on historical data, the competition level in Qatar to Philippines is considered moderate with 9 active providers.
Money transfer providers represent about 88.9% of identified providers in Qatar.
Do I risk overpaying if I do not compare providers for Qatar to Philippines?
Historically, total QAR-PHP transfer cost has varied by 8.92 percentage points. On a QAR 730 transfer, that can translate to QAR 65.12 in savings.
QAR-PHP exchange rate markup also varies across providers. The average markup spread has been about 7.58 percentage points. On a QAR 730 transfer, that could be QAR 55.33 saved from FX alone.
Fees can also make a big difference in this market, with a difference of about QAR 25.00 across providers.
That is why comparing providers can materially change how much of the QAR you send does your recipient receive in Philippines in Philippines.
Latest QAR to PHP Conversion Rates
Here are some latest QAR to PHP (Qatari Riyal to Philippine Peso) exchange rates for popular conversion amounts*.
| 1 QAR | 16.20 PHP |
| 5 QAR | 81.02 PHP |
| 10 QAR | 162.03 PHP |
| 25 QAR | 405.08 PHP |
| 50 QAR | 810.16 PHP |
| 100 QAR | 1,620.32 PHP |
| 150 QAR | 2,430.48 PHP |
| 200 QAR | 3,240.64 PHP |
| 250 QAR | 4,050.80 PHP |
| 300 QAR | 4,860.96 PHP |
| 400 QAR | 6,481.28 PHP |
| 500 QAR | 8,101.60 PHP |
| 600 QAR | 9,721.92 PHP |
| 700 QAR | 11,342.24 PHP |
| 800 QAR | 12,962.56 PHP |
| 1000 QAR | 16,203.20 PHP |
| 1500 QAR | 24,304.80 PHP |
| 2000 QAR | 32,406.40 PHP |
| 2500 QAR | 40,508.00 PHP |
| 3000 QAR | 48,609.60 PHP |
| 4000 QAR | 64,812.80 PHP |
| 5000 QAR | 81,016.00 PHP |
| 10000 QAR | 162,032.00 PHP |
| 15000 QAR | 243,048.00 PHP |
| 20000 QAR | 324,064.00 PHP |
| 30000 QAR | 486,096.00 PHP |
| 40000 QAR | 648,128.00 PHP |
| 50000 QAR | 810,160.00 PHP |
| 100000 QAR | 1,620,320.00 PHP |
*Based on the Mid-market Exchange Rate
Other popular countries to send money from Qatar
- Send money from Qatar to Algeria
- Send money from Qatar to Australia
- Send money from Qatar to Bosnia and Herzegovina
- Send money from Qatar to Bulgaria
- Send money from Qatar to Georgia
- Send money from Qatar to Jamaica
- Send money from Qatar to Kyrgyzstan
- Send money from Qatar to Luxembourg
- Send money from Qatar to Moldova
- Send money from Qatar to Myanmar (Burma)
- Send money from Qatar to Netherlands
- Send money from Qatar to Senegal
- Send money from Qatar to Slovakia
- Send money from Qatar to Switzerland
- Send money from Qatar to Tajikistan
- Send money from Qatar to Tunisia
1 Based on 175 pricing observations across 9 firms over the last 5 years for a QAR 730 money transfer from Qatar to Philippines. Data Source: The World Bank, Remittance Prices Worldwide, available at http://remittanceprices.worldbank.org.
How we analyze remittance data?
Insights are derived from the World Bank's Remittance Prices Worldwide dataset, which collects standardized provider pricing information at defined transfer amounts.
We aggregate this data across multiple providers and multi-year periods to calculate averages, medians, and variability measures in order to identify consistent pricing patterns for the Qatar to Philippines remittance corridor.
RemitFinder does not modify the underlying World Bank data. The analysis presented here is independently calculated from published datasets and is intended for informational and comparison purposes only.