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Compare today's MVR to BHD (Maldivian Rufiyaa to Bahraini Dinar) exchange rates

Maldives
Bahrain
MVR

Interbank Exchange Rate: 1 MVR = 0.0244 BHD
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Maldives to Bahrain. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Bahraini Dinar (BHD) 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 Maldives.

Were you looking to send money from Bahrain to Maldives 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 MVR to BHD Conversion Rates

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

1 MVR0.02 BHD
5 MVR0.12 BHD
10 MVR0.24 BHD
25 MVR0.61 BHD
50 MVR1.22 BHD
100 MVR2.44 BHD
150 MVR3.66 BHD
200 MVR4.88 BHD
250 MVR6.10 BHD
300 MVR7.32 BHD
400 MVR9.76 BHD
500 MVR12.20 BHD
600 MVR14.64 BHD
700 MVR17.08 BHD
800 MVR19.52 BHD
1,000 MVR24.40 BHD
1,500 MVR36.60 BHD
2,000 MVR48.80 BHD
2,500 MVR61.00 BHD
3,000 MVR73.20 BHD
4,000 MVR97.60 BHD
5,000 MVR122.00 BHD
10,000 MVR244.00 BHD
15,000 MVR366.00 BHD
20,000 MVR488.00 BHD
30,000 MVR732.00 BHD
40,000 MVR976.00 BHD
50,000 MVR1,220.00 BHD
100,000 MVR2,440.00 BHD

*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 Bahrain from Maldives?

With the global remittance market booming, there are so many choices for Maldivian Rufiyaa to BHD 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 Bahrain from Maldives. 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 BHD 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 remit rate for transferring money from Maldives to Bahrain?

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 Bahrain from Maldives.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MVR to Bahraini Dinar 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 MVR to BHD 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 for transferring money to Bahrain from Maldives?

Finding the cheapest way to send money from Maldives to Bahrain 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 MVR to BHD 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 Maldives to Bahrain 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.


Should I use my bank to transfer money from Maldives to Bahrain?

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 MVR to BHD 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 Maldives to Bahrain 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 Bahrain from Maldives. They do this by letting you fund your transaction through your local bank account in Maldives, and by allowing you to choose the payout to be your recipient's bank account in Bahrain. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Maldives to Bahrain fast?

The speed of your Maldivian Rufiyaa to Bahraini Dinar 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 MVR to BHD. 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 Bahrain from Maldives 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 Bahrain 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 BHD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Maldives bank to Bahrain bank transfer.


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

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 Maldives to Bahrain, 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 Maldivian Rufiyaa to Bahraini Dinar 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 BHD money transfers to Bahrain. 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 Bahrain getting more money for every Maldivian Rufiyaa you send.


Step by step guide to send money to Bahrain from 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 Maldives to Bahrain, 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 Maldives to Bahrain 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 Bahrain where they can receive monies in Bahraini Dinar.
  • Then, provide details of your Maldives 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 MVR travel to another part of the globe.