The most common riyals QAR to euro currency exhange in Spain of a traveler who exchanges riyals QAR to euros is usually around the equivalent to seven hundred euros.
If you want to sell riyals QAR for more than 5,999 € in value, the mandatory documents that your foreign currency supplier will demand from you will be reinforced. In other words, they might ask you to prove the origin of your riyals QAR or your business documentation, etc.
Yet up to the equivalent in riyals QAR of 5900 € per calendar quarter, the Spanish currency providers do not generally ask you for more than the Spanish ID card (DNI or NIE) to change riyals QAR to euros.
In Spain you have three places where you can sell riyals to euros. You will probably think first of your bank. Nevertheless, Spanish banks all charge you an exchange rate to your riyals together with a fee of 3%. This implies that, for example when you change the equivalent of a thousand euros from riyals to euros you will be cashed a 30 euros fee.
On the other hand, our other alternative is the airport upon arrival to Spain. Yet, this channel is the most overpriced of all alternatives because the foreign currency suppliers that work there, must pay part of their benefits to the airport owner.
Currency providers located out of the airport in Spain are a much better alternative to change riyals to euros.
The location you are never advised in making a Qatar Riyal to euro exchange is at the airport. As with the bottle of water at the price of gold, the airport manager and the airport currency supplier, share the benefits of your exchange at the airport. As a rule, the more players that play in the travel money game the higher the rates to apply to consumers.
Literally all banks in Spain apply to you a three per cent fee, with a minimum (whichever is higher) amount between 6 and 10 euros.
If you need to fix the Qatar Riyals to euro price for your vacation in Spain, the best thing you can do is make an online reservation on the Internet site of your preferred currency provider.
Additionally, in this way you avoid the possible fees that some foreign currency suppliers in Spain charge you when you change Qatar Riyals for euros directly in one of their offices.
In Spain when you reserve online on your bank's website or App, you will still be charged their foreign currency commission of around 2 to 3%, and you will pay at the exchange prices of the day of collection, not those of the day of the online reservation.
If you do not qualify for buyback, head to our Sell your currency tab, enter the Qatar Riyal banknotes you saved (banknotes only, not loose coins) and choose your city. We will show you the total Euros the different foreign currency providers will offer on the day in your city for your leftover Qatar Riyals.
In Spain, holiday money providers and some banks are beginning to propose online currency exchange services to their customers when you change riyals from Qatar to euros online.
You only have to do a QAR-EUR reservation. Then select an office of the supplier where to pick the euros from. And the day you will head to the chosen agency.
Bear in mind that prices vary each day so it will be necessary to book online the same day you will go to the store.
.On a daily basis, all year round the QAR-EUR rates oscillate in international markets, depending on the vigour of the Qatar Riyal currency against the Euro.
This is why, there is no preferred time to sell riyals with euros. Nevertheless you have at hand free online services like Cambiator that assist you in comparing all the riyals being bought by currency suppliers, banks and the airport. With this information you will have sold your riyals to euro at the best price of the day.
Getting to know the best exchange rate for the riyals from Qatar with respect to the euro today in Spain, is easy.
The first thing we advise you is to not belive in the rates of the currency converters that appear on the Internet. These rates are for foerign currency but not for notes. Furthermore, they are restricted to financial institutions. The prices you pay as an individual are less competitive.
Secondly, we advise you to look at the direct Qatar Riyal to euro exchange rate (that 0.991 with more or less digits that you see advertised everywhere and that changes every day).
The higher that number is, the more euros you will obtain for every Qatar Riyal you bring.
For that reason, the best exchange rate will be the higher exchange rate. Cambiator makes it easy for you to obtain the best QAR-EUR exchange rate. Our results page sorts Euro offers from highest to lowest price of the day in five currency providers, banks and airports in Spain.
Normally, when you change riyals QAR to euros at your bank store, they will already know you and you will only need to identify yourself as a customer of that entity.
If you change riyals QAR to euros at a travel money supplier´s store, at the airport or on the street, you will need to show a valid and current ID card (passport or resident´s identity card called DNI or NIE in Spain). Have in mind that your driver's license cannot be accepted as a valid ID when changing riyals QAR to Euros.
To know how currency exchange works, think of any retail branch that offers a product to you as an individual. The provider acquires goods from a provider called a wholesaler at a purchase price, to which it sums up a profit margin.
The difference between the consumer price at which the consumer buys in that shop (eg your Qatar Riyals) and what it cost the store to acquire those Qatar Riyals is the profit it obtains in that foreign exchange.
Nevertheless there is a difference in currency exchange with other activities. In principle, foreign currency banknotes (Qatar Riyals in this case) rotate from consumer to consumer, that is, they are not consumed.
Consequently, it may be the case that a bank or a currency provider obtains Qatar Riyals from a traveler who enters Spain (obtaining a profit) and those same Qatar Riyals become yours when you purchase that currency (new profit margin).
Best rate of the day (change currency to euros)