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Compare today's MVR to EUR (Maldivian Rufiyaa to Euro) exchange rates

Maldives
Belgium
MVR
Interbank Exchange Rate: 1 MVR = 0.0561 EUR
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to Euro money transfers

Easily compare money transfer providers in one place to send money from Maldives to Belgium. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Euro (EUR) 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.

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Latest MVR to EUR Conversion Rates

Here are some latest MVR to EUR (Maldivian Rufiyaa to Euro) exchange rates for popular conversion amounts*.

1 MVR0.06 EUR
5 MVR0.28 EUR
10 MVR0.56 EUR
25 MVR1.40 EUR
50 MVR2.80 EUR
100 MVR5.61 EUR
150 MVR8.42 EUR
200 MVR11.22 EUR
250 MVR14.02 EUR
300 MVR16.83 EUR
400 MVR22.44 EUR
500 MVR28.05 EUR
600 MVR33.66 EUR
700 MVR39.27 EUR
800 MVR44.88 EUR
1,000 MVR56.10 EUR
1,500 MVR84.15 EUR
2,000 MVR112.20 EUR
2,500 MVR140.25 EUR
3,000 MVR168.30 EUR
4,000 MVR224.40 EUR
5,000 MVR280.50 EUR
10,000 MVR561.00 EUR
15,000 MVR841.50 EUR
20,000 MVR1,122.00 EUR
30,000 MVR1,683.00 EUR
40,000 MVR2,244.00 EUR
50,000 MVR2,805.00 EUR
100,000 MVR5,610.00 EUR

*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 from Maldives to Belgium?

Sending money internationally to Belgium from Maldives can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Maldivian Rufiyaa to EUR remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Belgium. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.


How to get the best exchange rate for your money transfers from Maldives to Belgium?

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 MVR to Euro 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 Maldives to Belgium. 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 MVR to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

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 Maldives to Belgium 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 Maldivian Rufiyaa to Euro 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 Maldives to Belgium 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 MVR to EUR remittances.


How to send money from Maldives to Belgium 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 Maldives to Belgium 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 MVR to EUR transfers.

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


How to send money from Maldives to Belgium fast?

The speed of your Maldivian Rufiyaa to Euro 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 EUR. 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 Belgium 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 Belgium 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 EUR into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Maldives bank to Belgium bank transfer.


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

Since the Maldivian Rufiyaa to Euro money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Maldives that may also be able to send money to Belgium. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MVR to EUR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Belgium gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Maldives to Belgium transaction.


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

There are many important aspects of Maldives to Belgium 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 - Maldives 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 EUR 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 Maldivian Rufiyaa amount you want to send from Maldives.
  • 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 Belgium to validate that they get the money once the transaction clears.