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Compare today's MVR to CAD (Maldivian Rufiyaa to Canadian Dollar) exchange rates

Maldives
Canada
MVR
Interbank Exchange Rate: 1 MVR = 0.0898 CAD
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to Canadian Dollar money transfers

Easily compare money transfer providers in one place to send money from Maldives to Canada. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Canadian Dollar (CAD) 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.

Were you looking to send money from Canada to Maldives instead?

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.

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.


Latest MVR to CAD Conversion Rates

Here are some latest MVR to CAD (Maldivian Rufiyaa to Canadian Dollar) exchange rates for popular conversion amounts*.

1 MVR0.09 CAD
5 MVR0.45 CAD
10 MVR0.90 CAD
25 MVR2.25 CAD
50 MVR4.49 CAD
100 MVR8.98 CAD
150 MVR13.47 CAD
200 MVR17.96 CAD
250 MVR22.45 CAD
300 MVR26.94 CAD
400 MVR35.92 CAD
500 MVR44.90 CAD
600 MVR53.88 CAD
700 MVR62.86 CAD
800 MVR71.84 CAD
1,000 MVR89.80 CAD
1,500 MVR134.70 CAD
2,000 MVR179.60 CAD
2,500 MVR224.50 CAD
3,000 MVR269.40 CAD
4,000 MVR359.20 CAD
5,000 MVR449.00 CAD
10,000 MVR898.00 CAD
15,000 MVR1,347.00 CAD
20,000 MVR1,796.00 CAD
30,000 MVR2,694.00 CAD
40,000 MVR3,592.00 CAD
50,000 MVR4,490.00 CAD
100,000 MVR8,980.00 CAD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Maldives to Canada?

It can be very confusing when sending money from Maldives to Canada given so many choices. Additionally, Maldivian Rufiyaa to CAD exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Maldives to Canada as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Canada from Maldives. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Maldivian Rufiyaa to Canadian Dollar remittances.


How to get the best rate to transfer money to Canada from Maldives?

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 Canada from Maldives.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MVR to Canadian Dollar 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 CAD 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 Canada from Maldives?

Finding the cheapest way to send money from Maldives to Canada 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 CAD 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 Canada 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 Canada?

Big banks in Maldives are known to make a lot of money by charging high fees on Canada money transfers from Maldives. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a MVR to CAD exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Canada. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Maldives to Canada. You work hard for your money, so you should also ensure you get the maximum yield when you send CAD overseas.


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

It could be a stressful experience if you need to rush money quickly from Maldives to Canada. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MVR to CAD. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Canadian Dollar. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Maldives to Canada money transfers.


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

Since the Maldivian Rufiyaa to Canadian Dollar 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 Canada. 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 CAD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Canada 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 Canada transaction.


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

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 Canada, 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 Canada 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 Canada where they can receive monies in Canadian Dollar.
  • 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.