Compare today's MVR to BIF (Maldivian Rufiyaa to Burundian Franc) exchange rates
Interbank Exchange Rate: 1 MVR = 191.7395 BIF
Updated about an hour ago
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All you need to know about Maldivian Rufiyaa to Burundian Franc money transfers
Easily compare money transfer providers in one place to send money from Maldives to Burundi. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Burundian Franc (BIF) 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.
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Latest MVR to BIF Conversion Rates
Here are some latest MVR to BIF (Maldivian Rufiyaa to Burundian Franc) exchange rates for popular conversion amounts*.
| 1 MVR | 191.74 BIF |
| 5 MVR | 958.70 BIF |
| 10 MVR | 1,917.40 BIF |
| 25 MVR | 4,793.49 BIF |
| 50 MVR | 9,586.98 BIF |
| 100 MVR | 19,173.95 BIF |
| 150 MVR | 28,760.93 BIF |
| 200 MVR | 38,347.90 BIF |
| 250 MVR | 47,934.88 BIF |
| 300 MVR | 57,521.85 BIF |
| 400 MVR | 76,695.80 BIF |
| 500 MVR | 95,869.75 BIF |
| 600 MVR | 115,043.70 BIF |
| 700 MVR | 134,217.65 BIF |
| 800 MVR | 153,391.60 BIF |
| 1,000 MVR | 191,739.50 BIF |
| 1,500 MVR | 287,609.25 BIF |
| 2,000 MVR | 383,479.00 BIF |
| 2,500 MVR | 479,348.75 BIF |
| 3,000 MVR | 575,218.50 BIF |
| 4,000 MVR | 766,958.00 BIF |
| 5,000 MVR | 958,697.50 BIF |
| 10,000 MVR | 1,917,395.00 BIF |
| 15,000 MVR | 2,876,092.50 BIF |
| 20,000 MVR | 3,834,790.00 BIF |
| 30,000 MVR | 5,752,185.00 BIF |
| 40,000 MVR | 7,669,580.00 BIF |
| 50,000 MVR | 9,586,975.00 BIF |
| 100,000 MVR | 19,173,950.00 BIF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Maldives to Burundi money transfers?
Sending money internationally to Burundi 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 BIF 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 Burundi. 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 Burundian Franc.
How to get the best exchange rate for sending money from Maldives to Burundi?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Burundi from Maldives. 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 MVR to Burundian Franc 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 Maldives to Burundi corridor to give you more good choices for your next BIF money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to transfer money from Maldives to Burundi?
One of the most important things to watch out for is hidden fees when sending money to Burundi from Maldives. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Burundi using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Burundian Franc foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MVR to Burundi exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Burundi from Maldives.
Should I use my bank to send money from Maldives to Burundi?
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 BIF 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 Burundi 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 Burundi 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 Burundi. But, you are likely to get much better rates and lower fees compared to your bank.
What is the fastest way to transfer money from Maldives to Burundi?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Maldives to Burundi. 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 BIF 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 Burundi. 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 Burundian Franc quickly to Burundi, 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 send money to Burundi from Maldives?
Since the Maldivian Rufiyaa to Burundian Franc 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 Burundi. 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 BIF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Burundi 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 Burundi transaction.
Step by step guide to transfer money to Burundi from Maldives
There are many important aspects of Maldives to Burundi 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 BIF 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.