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

Compare today's GIP to MVR (Gibraltar Pound to Maldivian Rufiyaa) exchange rates

Gibraltar
Maldives
GIP

Interbank Exchange Rate: 1 GIP = 21.1015 MVR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Gibraltar Pound to Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from Gibraltar to Maldives. Send money overseas to your loved ones by comparing Gibraltar Pound (GIP) 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 Gibraltar.

Were you looking to send money from Maldives to Gibraltar 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 GIP to MVR Conversion Rates

Here are some latest GIP to MVR (Gibraltar Pound to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 GIP21.10 MVR
5 GIP105.51 MVR
10 GIP211.02 MVR
25 GIP527.54 MVR
50 GIP1,055.08 MVR
100 GIP2,110.15 MVR
150 GIP3,165.23 MVR
200 GIP4,220.30 MVR
250 GIP5,275.38 MVR
300 GIP6,330.45 MVR
400 GIP8,440.60 MVR
500 GIP10,550.75 MVR
600 GIP12,660.90 MVR
700 GIP14,771.05 MVR
800 GIP16,881.20 MVR
1,000 GIP21,101.50 MVR
1,500 GIP31,652.25 MVR
2,000 GIP42,203.00 MVR
2,500 GIP52,753.75 MVR
3,000 GIP63,304.50 MVR
4,000 GIP84,406.00 MVR
5,000 GIP105,507.50 MVR
10,000 GIP211,015.00 MVR
15,000 GIP316,522.50 MVR
20,000 GIP422,030.00 MVR
30,000 GIP633,045.00 MVR
40,000 GIP844,060.00 MVR
50,000 GIP1,055,075.00 MVR
100,000 GIP2,110,150.00 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 Gibraltar?

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 Gibraltar 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 Gibraltar Pound 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 GIP 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 Gibraltar. 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 Gibraltar?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Maldives from Gibraltar. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your GIP to Maldivian Rufiyaa money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Gibraltar to Maldives corridor to give you more good choices for your next MVR money transfer. This way you do not miss out on additional options to potentially save more.


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

The final amount your recipient gets when you send GIP 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 Gibraltar 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 Gibraltar Pound 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.


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

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 Gibraltar 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 GIP to MVR transfers.

Given this, there are umpteen additional options to send money to Maldives instead of just your Gibraltar 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 Gibraltar Pound even more so that your recipient in Maldives gets the maximum amount.


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

If you need to convert GIP 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 Gibraltar 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 Gibraltar Pound 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 Gibraltar 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 transfer money to Maldives from Gibraltar?

The first step in selecting the best money transfer operators for Gibraltar to Maldives remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Gibraltar Pound to Maldivian Rufiyaa money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Maldives.


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

With so many possible ways to transfer Gibraltar Pound 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 Gibraltar 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 Gibraltar 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 GIP to Maldivian Rufiyaa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.