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Compare today's DOP to MVR (Dominican Peso to Maldivian Rufiyaa) exchange rates

Dominican Republic
Maldives
DOP

Interbank Exchange Rate: 1 DOP = 0.2453 MVR
Updated about an hour ago

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All you need to know about Dominican Peso to Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from Dominican Republic to Maldives. Send money overseas to your loved ones by comparing Dominican Peso (DOP) 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 Dominican Republic.

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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 DOP to MVR Conversion Rates

Here are some latest DOP to MVR (Dominican Peso to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 DOP0.25 MVR
5 DOP1.23 MVR
10 DOP2.45 MVR
25 DOP6.13 MVR
50 DOP12.26 MVR
100 DOP24.53 MVR
150 DOP36.80 MVR
200 DOP49.06 MVR
250 DOP61.32 MVR
300 DOP73.59 MVR
400 DOP98.12 MVR
500 DOP122.65 MVR
600 DOP147.18 MVR
700 DOP171.71 MVR
800 DOP196.24 MVR
1,000 DOP245.30 MVR
1,500 DOP367.95 MVR
2,000 DOP490.60 MVR
2,500 DOP613.25 MVR
3,000 DOP735.90 MVR
4,000 DOP981.20 MVR
5,000 DOP1,226.50 MVR
10,000 DOP2,453.00 MVR
15,000 DOP3,679.50 MVR
20,000 DOP4,906.00 MVR
30,000 DOP7,359.00 MVR
40,000 DOP9,812.00 MVR
50,000 DOP12,265.00 MVR
100,000 DOP24,530.00 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 to Maldives from Dominican Republic?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Dominican Republic to Maldives. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Dominican Peso to MVR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send DOP to MVR in Maldives. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Maldives from Dominican Republic. We provide you with maximum choices to send money to Maldives by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best rate to transfer money to Maldives from Dominican Republic?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Dominican Republic to Maldives transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your DOP to Maldivian Rufiyaa international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Dominican Peso to Maldivian Rufiyaa exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

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 Dominican Republic 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 Dominican Peso 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 Dominican Republic 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 DOP to MVR remittances.


Should I use my bank to send money from Dominican Republic 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 DOP 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 Dominican Republic 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 Dominican Republic. They do this by letting you fund your transaction through your local bank account in Dominican Republic, 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.


What is the fastest way to do a money transfer to Maldives from Dominican Republic?

The speed of your Dominican Peso to Maldivian Rufiyaa funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert DOP to MVR. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Maldives from Dominican Republic is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Maldives if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MVR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Dominican Republic bank to Maldives bank transfer.


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

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 Dominican Republic 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 Dominican Peso 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 Dominican Peso you send.


Step by step guide to transfer money to Maldives from Dominican Republic

There are many important aspects of Dominican Republic 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 - Dominican Republic 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 Dominican Peso amount you want to send from Dominican Republic.
  • 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.