The Qatar Riyal buy back rates below were last updated 15 minutes ago
Unless you intend on returning to Qatar in the near future you should consider exchanging any left over currency back into Pounds as soon as possible. The best Qatar Riyals are always offered online by the specialist currency brokers who trade currency over the internet with much lower overheads than their high street counterparts. The worst buy back rates are usually offered by the banks and high street travel agents so these should be avoided if possible.
Also be wary of some suppliers such as the Post Office who offer a ‘buy back guarantee’ if you buy your currency with them. These deals tend to lock you in to uncompetitive buy back rates and may even charge you a fee for the privilege of selling back to them. Instead, keep your options open and shop around for the best buy back deals. You can use our unique comparison table above to help you find the best Qatar Riyal buy back rates and sell your Riyals back online.
There are three easy steps to selling your currency back online. All of these instructions will be explained to you as you go along and we'll also email you further instructions on what to do after you've placed your order.
Enter the amount of currency you want to sell and find the best deals using our comparison table above. If you have more than one currency to sell you can add them to your order later on. Once you've found a buyer, click 'Sell Now' where you'll be asked to fill out a buy-back order form.
We'll need a few basic details from you including your contact details, the currency(ies) you would like to sell and the bank account you would like your payment sent to. Once you've completed the quick order form you'll be asked to print a copy - don't worry if you don't have a printer handy as we'll also email you a copy and you can also write your order number on a piece paper if you don't have access to a printer. At this point we'll also send a copy of your order to the buyer so they know to expect your currency.
You'll need to then post your currency and order form (or a piece of paper containing your order number) to the buyer or drop it in to them in person if you live nearby. We recommend you send you currency via Royal Mail Special Delivery as this service is fully trackable and insured for up to £2,500 (you can split larger orders up into multiple packages if necessary).
Once the buyer receives your currency they will contact you to confirm receipt and process your payment. You will then be paid directly into your bank, usually within 3 working days of them receiving your currency.
Over the past week the Qatar Riyal buy back rate has worsened by 0.39% from last Thursday's rate of 4.8351 to today's rate of 4.8540 which means R750 is worth £0.60 less today than it did a week ago. During this period the worst time to sell was on Sunday at 4.8712 and the best time to sell was on Thursday at 4.8351.
The 90 day outlook has seen the Qatar Riyal buy back rate worsen by 3.59% from 4.686 on 24th February 2017 to 4.8540 today. Based on these figures, R750 is worth £R5.54 less today than it did three months ago. The worst buy back rate we recorded was 4.8712 on 21st May 2017 and the best buy back rate we recorded was 4.569 on 14th March 2017.
Posted by Matthew Weston on 18th May 2017
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