Qatar Islamic Bank Exchange Rate API: QAR Buy and Sell Rates as JSON

Qatar Islamic Bank is Qatar’s largest Islamic bank, founded in 1982 and headquartered in Doha. Its currency converter page lists buying and selling rates in riyals for about 30 currencies. This guide shows how to read that board as JSON: what the rates mean, how they compare with the Qatar Central Bank official rate and with other banks in Qatar, and the calls that return them.

What the QIB board shows

• 28 currencies against the Qatari riyal: AED, AUD, BDT, BHD, CAD, CHF, CNY, DKK, EGP, EUR, GBP, INR, JOD, JPY, KWD, LKR, MYR, NPR, OMR, PHP, PKR, SAR, SDG, SEK, SGD, TND, TRY and USD. Every value is QAR per 1 unit of the foreign currency.
• The counter board pair. The Qatari riyal is pegged at 3.64 per US dollar, so every bank quotes USD within a fraction of a percent of the peg. The spread that matters is on the other currencies. The board shown is the bank’s branch remittance (TT) rate. Remittance currencies printed with a selling rate only are left out. Qatar Central Bank’s official rate is shown next to each row.
• USD on 15 November 2026: QIB bought at 3.6325 and sold at 3.65 QAR, a spread of 0.48%. The Qatar Central Bank official rate was 3.64, so the bank's mid sat +0.03% from it.
• No timestamp on the bank's page. QIB does not print a last-updated time, so bank_updated_at is null and captured_at (when AllRatesToday read the page) is the only time available.
• Every day's board is kept permanently, from 14 November 2026. Read one past day with ?date=, or a range for one currency with the /history endpoint (paid plans).

Spreads across the board

On the 15 November 2026 board the tightest spreads were USD (0.48%), PKR (1.22%), NPR (2.06%) and the widest TRY (20.59%), TND (15.66%), MYR (14.70%). Spread is (sell − buy) ÷ mid: what a round trip through the bank costs, before any fees. The API returns it on every row as spread_pct, so you can rank currencies or alert when a bank widens its board.

USD at QIB and other banks in Qatar

USD on the 4 boards AllRatesToday reads in Qatar, all captured on 15 November 2026 (the Qatar Central Bank official rate was 3.64):

QIB had the narrowest USD spread of the 4. One call to /api/v1/bank-rates/qa returns every board in the table at once.

Get the board (REST)

You need an API key; the free key works. The full board:

curl "https://allratestoday.com/api/v1/bank-rates/qa/qib" \
  -H "Authorization: Bearer art_live_your_key"

What comes back (the 15 November 2026 board, first three rows):

{
  "bank": "qib",
  "name": "Qatar Islamic Bank",
  "country": "qa",
  "quote_ccy": "QAR",
  "bank_updated_at": null,
  "basis": "Counter board",
  "captured_at": "2026-11-15T11:45:57.737Z",
  "rates": [
    {"ccy":"AED","buy":0.97506,"sell":1.0164,"mid":0.99573,"spread_pct":4.152,"official":null,"vs_official_pct":null},
    {"ccy":"AUD","buy":2.35884,"sell":2.56712,"mid":2.46298,"spread_pct":8.456,"official":2.4772,"vs_official_pct":-0.574},
    {"ccy":"BDT","buy":0.02819,"sell":0.03056,"mid":0.029375,"spread_pct":8.068,"official":null,"vs_official_pct":null},
    … 25 more currencies
  ],
  "disclaimer": "…",
  "attribution": { … }
}

One currency, with the row fields at the top level:

curl "https://allratestoday.com/api/v1/bank-rates/qa/qib?ccy=USD" \
  -H "Authorization: Bearer art_live_your_key"

{
  "bank": "qib",
  "name": "Qatar Islamic Bank",
  "country": "qa",
  "quote_ccy": "QAR",
  "bank_updated_at": null,
  "basis": "Counter board",
  "captured_at": "2026-11-15T11:45:57.737Z",
  "ccy": "USD",
  "buy": 3.6325,
  "sell": 3.65,
  "mid": 3.64125,
  "spread_pct": 0.481,
  "official": 3.64,
  "vs_official_pct": 0.034,
  "disclaimer": "Retail buy/sell rates as displayed on each bank’s own website at capture time, quoted as home currency per 1 unit of foreign currency. Indicative only: banks change these through the day, apply them at the counter or in-app, and they are not official or reference rates. For the rate a regulation names, use the central-bank endpoints.",
  "attribution": {
    "source": "Board rates published by Qatar Islamic Bank on its own website, collected by AllRatesToday",
    "bank_url": "https://www.qib.com.qa/en/useful-tools/currency-converter",
    "url": "https://allratestoday.com/bank-exchange-rate-api/qa/qib/",
    "terms": "Public pages that show the rates need a visible link to allratestoday.com"
  }
}

The board as it stood on a past day:

curl "https://allratestoday.com/api/v1/bank-rates/qa/qib?date=2026-11-14" \
  -H "Authorization: Bearer art_live_your_key"

One currency over a date range, one row per day (paid plans; add &format=csv, xml or xlsx for a file):

curl "https://allratestoday.com/api/v1/bank-rates/qa/qib/history?ccy=USD&from=2026-11-14&to=2026-11-15" \
  -H "Authorization: Bearer art_live_your_key"

JavaScript

npm install @allratestoday/sdk

import { AllRatesToday } from '@allratestoday/sdk';

const client = new AllRatesToday({ apiKey: 'art_live_your_key' });

// Qatar Islamic Bank's USD row
const r = await client.bankRates('qa', { bank: 'qib', ccy: 'USD' });
console.log(`QIB buys USD at ${r.buy}, sells at ${r.sell} QAR`);

// The board as it stood on a past day
const past = await client.bankRates('qa', { bank: 'qib', date: '2026-11-14' });
console.log(past.snapshot_date, past.rates.length);

Python

import requests

r = requests.get(
    "https://allratestoday.com/api/v1/bank-rates/qa/qib",
    headers={"Authorization": "Bearer art_live_your_key"},
    timeout=10,
)
r.raise_for_status()
for row in r.json()["rates"]:
    print(row["ccy"], row["buy"], row["sell"], row["spread_pct"])

Board rate or official rate?

The Qatar Central Bank rate is the one tax, accounting and customs rules in Qatar name; nobody transacts at it. QIB's board is the price a customer actually gets. The API puts both on every row: official is the central bank's rate for the same currency and vs_official_pct is how far the bank's mid sits from it. Use the board to show customers a real price, compare banks for a remittance, or keep a dated record of what the bank quoted; use the Qatar Central Bank endpoint when a rule asks for the official rate.

FAQ

Where do the Qatar Islamic Bank rates come from?

From the bank's own public rates page (https://www.qib.com.qa/en/useful-tools/currency-converter), read hourly. AllRatesToday does not change the numbers: each row is the buy and sell price QIB shows, with the mid, the spread and the Qatar Central Bank rate added.

Are these the official QAR exchange rates?

No. They are QIB's retail prices for customers. The official rate in Qatar is the Qatar Central Bank rate, which the API returns as official on each row where the central bank has one, and in full from the central-bank endpoint.

How often is the QIB board updated?

AllRatesToday reads the page every hour. The bank prints no timestamp, so captured_at tells you when the rates were read.

Can I get QIB rates for a past date?

Yes, from 14 November 2026 onward; every day's board is kept permanently. Add ?date=YYYY-MM-DD for one day: the response is the board captured that day, or the nearest earlier day within five days, with date_requested and snapshot_date added. For a range, /history?ccy=USD&from=…&to=… returns one row per day as JSON, CSV, XML or XLSX on paid plans.

Do I need an API key?

Yes. Commercial bank boards need an API key; any plan works, the free key included, and each call counts against the plan. Public pages or widgets that show the rates need a visible link to allratestoday.com.