Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's DZD to MVR (Algerian Dinar to Maldivian Rufiyaa) exchange rates

Algeria
Maldives
DZD

Interbank Exchange Rate: 1 DZD = 0.1192 MVR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Algerian Dinar to Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from Algeria to Maldives. Send money overseas to your loved ones by comparing Algerian Dinar (DZD) to Maldivian Rufiyaa (MVR) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

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 Algeria.

Were you looking to send money from Maldives to Algeria instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


Latest DZD to MVR Conversion Rates

Here are some latest DZD to MVR (Algerian Dinar to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 DZD0.12 MVR
5 DZD0.60 MVR
10 DZD1.19 MVR
25 DZD2.98 MVR
50 DZD5.96 MVR
100 DZD11.92 MVR
150 DZD17.88 MVR
200 DZD23.84 MVR
250 DZD29.80 MVR
300 DZD35.76 MVR
400 DZD47.68 MVR
500 DZD59.60 MVR
600 DZD71.52 MVR
700 DZD83.44 MVR
800 DZD95.36 MVR
1,000 DZD119.20 MVR
1,500 DZD178.80 MVR
2,000 DZD238.40 MVR
2,500 DZD298.00 MVR
3,000 DZD357.60 MVR
4,000 DZD476.80 MVR
5,000 DZD596.00 MVR
10,000 DZD1,192.00 MVR
15,000 DZD1,788.00 MVR
20,000 DZD2,384.00 MVR
30,000 DZD3,576.00 MVR
40,000 DZD4,768.00 MVR
50,000 DZD5,960.00 MVR
100,000 DZD11,920.00 MVR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Algeria to Maldives?

It can be very confusing when sending money from Algeria to Maldives given so many choices. Additionally, Algerian Dinar to MVR exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Algeria to Maldives as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Maldives from Algeria. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Algerian Dinar to Maldivian Rufiyaa remittances.


How to get the best exchange rate for sending money from Algeria to Maldives?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Maldives from Algeria.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your DZD to Maldivian Rufiyaa remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for DZD to MVR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way to send money to Maldives from Algeria?

Finding the cheapest way to send money from Algeria to Maldives might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer DZD to MVR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Algeria to Maldives exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Maldives from Algeria through a bank?

We do not recommend using your local bank in Algeria for your next DZD to MVR overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Algeria to Maldives (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MVR to Maldives. These companies will let you use your local bank account in Algeria to pay for your Maldives money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Maldives from Algeria fast?

If you need to convert DZD to MVR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Algeria to Maldives could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Algerian Dinar to Maldivian Rufiyaa funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Maldives.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Algeria to Maldives. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to send money to Maldives from Algeria?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Algeria to Maldives, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Algerian Dinar to Maldivian Rufiyaa exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MVR money transfers to Maldives. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Maldives getting more money for every Algerian Dinar you send.


Step by step guide to do a money transfer from Algeria to Maldives

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Algeria to Maldives, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Algeria to Maldives that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Maldives where they can receive monies in Maldivian Rufiyaa.
  • Then, provide details of your Algeria bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your DZD travel to another part of the globe.