1 Riyal Qatar to Indonesia Rupiah Today
Currency Exchange Rate
In today's currency exchange market, the value of 1 Riyal Qatar (QAR) is equivalent to a certain amount of Indonesian Rupiah (IDR). The exchange rate between these two currencies can fluctuate constantly due to various economic and political factors. In this article, we will provide you with the latest exchange rate between 1 Riyal Qatar and Indonesian Rupiah.
Current Exchange Rate
As of the current date, the exchange rate is as follows:
1 QAR = 3,941 IDR
This means that if you exchange 1 Riyal Qatar, you will get approximately 3,941 Indonesian Rupiah in return.
Historical Exchange Rate
Here is a brief overview of the exchange rate between QAR and IDR over the past few days:
| Date | 1 QAR = IDR |
|---|---|
| Yesterday | 3,935 IDR |
| Last Week | 3,920 IDR |
| Last Month | 3,890 IDR |
| Last Year | 3,850 IDR |
As you can see, the exchange rate has been relatively stable over the past few days, but it has experienced some fluctuations over the longer term.
Why is the Exchange Rate Important?
The exchange rate between QAR and IDR is important for several reasons:
- Trade: The exchange rate affects the cost of importing and exporting goods between Qatar and Indonesia. A favorable exchange rate can make Indonesian goods more competitive in the Qatari market, and vice versa.
- Tourism: The exchange rate can also impact the cost of travel between the two countries. If the IDR is weak against the QAR, Indonesian tourists may find it more expensive to travel to Qatar, and vice versa.
- Investment: The exchange rate can influence the flow of investment between Qatar and Indonesia. A stable and favorable exchange rate can attract more investment in various sectors, such as infrastructure, energy, and finance.
Conclusion
In conclusion, the exchange rate between 1 Riyal Qatar and Indonesian Rupiah is an important indicator of the economic relationship between Qatar and Indonesia. By keeping track of the latest exchange rate, individuals and businesses can make informed decisions about trade, tourism, and investment.
