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Compare today's XCD to MVR (East Caribbean Dollar to Maldivian Rufiyaa) exchange rates

Dominica
Maldives
XCD

Interbank Exchange Rate: 1 XCD = 5.7169 MVR
Updated about an hour ago

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All you need to know about East Caribbean Dollar to Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from Dominica to Maldives. Send money overseas to your loved ones by comparing East Caribbean Dollar (XCD) 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 Dominica.

Were you looking to send money from Maldives to Dominica 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 XCD to MVR Conversion Rates

Here are some latest XCD to MVR (East Caribbean Dollar to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 XCD5.72 MVR
5 XCD28.58 MVR
10 XCD57.17 MVR
25 XCD142.92 MVR
50 XCD285.84 MVR
100 XCD571.69 MVR
150 XCD857.54 MVR
200 XCD1,143.38 MVR
250 XCD1,429.23 MVR
300 XCD1,715.07 MVR
400 XCD2,286.76 MVR
500 XCD2,858.45 MVR
600 XCD3,430.14 MVR
700 XCD4,001.83 MVR
800 XCD4,573.52 MVR
1,000 XCD5,716.90 MVR
1,500 XCD8,575.35 MVR
2,000 XCD11,433.80 MVR
2,500 XCD14,292.25 MVR
3,000 XCD17,150.70 MVR
4,000 XCD22,867.60 MVR
5,000 XCD28,584.50 MVR
10,000 XCD57,169.00 MVR
15,000 XCD85,753.50 MVR
20,000 XCD114,338.00 MVR
30,000 XCD171,507.00 MVR
40,000 XCD228,676.00 MVR
50,000 XCD285,845.00 MVR
100,000 XCD571,690.00 MVR

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


What's the best way to do Dominica to Maldives money transfers?

With the global remittance market booming, there are so many choices for East Caribbean Dollar to MVR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Maldives from Dominica. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MVR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best exchange rate for your money transfers from Dominica 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 Dominica.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XCD 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 XCD 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 Dominica?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Dominica to Maldives via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for East Caribbean Dollar to Maldivian Rufiyaa remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Dominica to Maldives exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for XCD to MVR remittances.


Should I use my bank to send money from Dominica to Maldives?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low XCD to MVR exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Dominica to Maldives money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Maldives from Dominica. They do this by letting you fund your transaction through your local bank account in Dominica, and by allowing you to choose the payout to be your recipient's bank account in Maldives. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Dominica to Maldives fast?

It could be a stressful experience if you need to rush money quickly from Dominica to Maldives. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert XCD to MVR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Maldivian Rufiyaa. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Dominica to Maldives money transfers.


Which are the best money transfer companies to transfer money from Dominica to Maldives?

Comparing money transfer companies for sending money to Maldives from Dominica 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 East Caribbean 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 East Caribbean Dollar that you send.


Step by step guide to transfer money to Maldives from Dominica

There are many important aspects of Dominica to Maldives remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Dominica bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include MVR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much East Caribbean Dollar amount you want to send from Dominica.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Maldives to validate that they get the money once the transaction clears.