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Compare today's MVR to BAM (Maldivian Rufiyaa to Convertible Mark) exchange rates

Maldives
Bosnia and Herzegovina
MVR

Interbank Exchange Rate: 1 MVR = 0.1071 BAM
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to Convertible Mark money transfers

Easily compare money transfer providers in one place to send money from Maldives to Bosnia and Herzegovina. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Convertible Mark (BAM) 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 Bosnia and Herzegovina 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 BAM Conversion Rates

Here are some latest MVR to BAM (Maldivian Rufiyaa to Convertible Mark) exchange rates for popular conversion amounts*.

1 MVR0.11 BAM
5 MVR0.54 BAM
10 MVR1.07 BAM
25 MVR2.68 BAM
50 MVR5.36 BAM
100 MVR10.71 BAM
150 MVR16.07 BAM
200 MVR21.42 BAM
250 MVR26.78 BAM
300 MVR32.13 BAM
400 MVR42.84 BAM
500 MVR53.55 BAM
600 MVR64.26 BAM
700 MVR74.97 BAM
800 MVR85.68 BAM
1,000 MVR107.10 BAM
1,500 MVR160.65 BAM
2,000 MVR214.20 BAM
2,500 MVR267.75 BAM
3,000 MVR321.30 BAM
4,000 MVR428.40 BAM
5,000 MVR535.50 BAM
10,000 MVR1,071.00 BAM
15,000 MVR1,606.50 BAM
20,000 MVR2,142.00 BAM
30,000 MVR3,213.00 BAM
40,000 MVR4,284.00 BAM
50,000 MVR5,355.00 BAM
100,000 MVR10,710.00 BAM

*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 Bosnia and Herzegovina from Maldives?

There are many good choices when it comes to sending money from Maldives to Bosnia and Herzegovina. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Maldivian Rufiyaa to BAM money transfers.

We compare different remittance companies to bring you the best options to send money to Bosnia and Herzegovina from Maldives. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Maldivian Rufiyaa to Convertible Mark money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Bosnia and Herzegovina from Maldives?

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 Convertible Mark 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 Bosnia and Herzegovina. 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 BAM 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 to Bosnia and Herzegovina from Maldives?

Finding the cheapest way to send money from Maldives to Bosnia and Herzegovina 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 BAM 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 Bosnia and Herzegovina 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 Bosnia and Herzegovina?

Bank transfers have been a traditionally popular way to send money overseas from Maldives to Bosnia and Herzegovina. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MVR to BAM exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Maldives bank for your Bosnia and Herzegovina money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Maldives to Bosnia and Herzegovina?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Maldives to Bosnia and Herzegovina. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MVR to BAM fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Maldivian Rufiyaa amount reaching Bosnia and Herzegovina. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Convertible Mark quickly to Bosnia and Herzegovina, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to transfer money from Maldives to Bosnia and Herzegovina?

Comparing money transfer companies for sending money to Bosnia and Herzegovina from Maldives 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 Bosnia and Herzegovina. 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 Maldivian Rufiyaa to Convertible Mark 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 Convertible Mark yield on every Maldivian Rufiyaa that you send.


Step by step guide to send money to Bosnia and Herzegovina from Maldives

There are many important aspects of Maldives to Bosnia and Herzegovina 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 BAM 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 Bosnia and Herzegovina to validate that they get the money once the transaction clears.