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Compare today's USD to MVR (US Dollar to Maldivian Rufiyaa) exchange rates

British Indian Ocean Territory
Maldives
USD

Interbank Exchange Rate: 1 USD = 15.4500 MVR
Updated about an hour ago

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All you need to know about US Dollar to Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from British Indian Ocean Territory to Maldives. Send money overseas to your loved ones by comparing US Dollar (USD) 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 British Indian Ocean Territory.

Were you looking to send money from Maldives to British Indian Ocean Territory instead?

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Latest USD to MVR Conversion Rates

Here are some latest USD to MVR (US Dollar to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 USD15.45 MVR
5 USD77.25 MVR
10 USD154.50 MVR
25 USD386.25 MVR
50 USD772.50 MVR
100 USD1,545.00 MVR
150 USD2,317.50 MVR
200 USD3,090.00 MVR
250 USD3,862.50 MVR
300 USD4,635.00 MVR
400 USD6,180.00 MVR
500 USD7,725.00 MVR
600 USD9,270.00 MVR
700 USD10,815.00 MVR
800 USD12,360.00 MVR
1,000 USD15,450.00 MVR
1,500 USD23,175.00 MVR
2,000 USD30,900.00 MVR
2,500 USD38,625.00 MVR
3,000 USD46,350.00 MVR
4,000 USD61,800.00 MVR
5,000 USD77,250.00 MVR
10,000 USD154,500.00 MVR
15,000 USD231,750.00 MVR
20,000 USD309,000.00 MVR
30,000 USD463,500.00 MVR
40,000 USD618,000.00 MVR
50,000 USD772,500.00 MVR
100,000 USD1,545,000.00 MVR

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


What's the best way to transfer money from British Indian Ocean Territory to Maldives?

It can be very confusing when sending money from British Indian Ocean Territory to Maldives given so many choices. Additionally, United States Dollar 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 British Indian Ocean Territory 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 British Indian Ocean Territory. 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 United States Dollar to Maldivian Rufiyaa remittances.


How to get the best exchange rate for sending money from British Indian Ocean Territory to Maldives?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your USD to Maldivian Rufiyaa money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from British Indian Ocean Territory to Maldives. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for USD to MVR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Maldives from British Indian Ocean Territory?

The final amount your recipient gets when you send USD to MVR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from British Indian Ocean Territory to Maldives used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Maldivian Rufiyaa is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best United States Dollar to Maldives exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to transfer money from British Indian Ocean Territory to Maldives?

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your British Indian Ocean Territory to Maldives money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like USD to MVR transfers.

Given this, there are umpteen additional options to send money to Maldives instead of just your British Indian Ocean Territory bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your United States Dollar even more so that your recipient in Maldives gets the maximum amount.


How to send money to Maldives from British Indian Ocean Territory fast?

The first thing to do when you need to convert USD to MVR quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between United States Dollar and Maldivian Rufiyaa. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end British Indian Ocean Territory to Maldives remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Maldives.


Which are the best money transfer companies to transfer money to Maldives from British Indian Ocean Territory?

Comparing money transfer companies for sending money to Maldives from British Indian Ocean Territory can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Maldives. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your United States Dollar to Maldivian Rufiyaa transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Maldivian Rufiyaa yield on every United States Dollar that you send.


Step by step guide to send money to Maldives from British Indian Ocean Territory

With so many possible ways to transfer United States Dollar to Maldivian Rufiyaa, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your British Indian Ocean Territory to Maldives remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in British Indian Ocean Territory and the receiver in Maldives. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your USD to Maldivian Rufiyaa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.