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Compare today's MVR to CVE (Maldivian Rufiyaa to Cape Verde Escudo) exchange rates

Maldives
Cape Verde
MVR

Interbank Exchange Rate: 1 MVR = 6.0350 CVE
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to Cape Verde Escudo money transfers

Easily compare money transfer providers in one place to send money from Maldives to Cape Verde. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Cape Verde Escudo (CVE) 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 CVE Conversion Rates

Here are some latest MVR to CVE (Maldivian Rufiyaa to Cape Verde Escudo) exchange rates for popular conversion amounts*.

1 MVR6.04 CVE
5 MVR30.18 CVE
10 MVR60.35 CVE
25 MVR150.88 CVE
50 MVR301.75 CVE
100 MVR603.50 CVE
150 MVR905.25 CVE
200 MVR1,207.00 CVE
250 MVR1,508.75 CVE
300 MVR1,810.50 CVE
400 MVR2,414.00 CVE
500 MVR3,017.50 CVE
600 MVR3,621.00 CVE
700 MVR4,224.50 CVE
800 MVR4,828.00 CVE
1,000 MVR6,035.00 CVE
1,500 MVR9,052.50 CVE
2,000 MVR12,070.00 CVE
2,500 MVR15,087.50 CVE
3,000 MVR18,105.00 CVE
4,000 MVR24,140.00 CVE
5,000 MVR30,175.00 CVE
10,000 MVR60,350.00 CVE
15,000 MVR90,525.00 CVE
20,000 MVR120,700.00 CVE
30,000 MVR181,050.00 CVE
40,000 MVR241,400.00 CVE
50,000 MVR301,750.00 CVE
100,000 MVR603,500.00 CVE

*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 Cape Verde?

It can be very confusing when sending money from Maldives to Cape Verde given so many choices. Additionally, Maldivian Rufiyaa to CVE 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 Cape Verde 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 Cape Verde 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 Cape Verde Escudo remittances.


How to get the best remit rate for transferring money from Maldives to Cape Verde?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Maldives to Cape Verde transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MVR to Cape Verde Escudo international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Maldivian Rufiyaa to Cape Verde Escudo exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Cape Verde from Maldives?

Finding the cheapest way to send money from Maldives to Cape Verde 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 CVE 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 Cape Verde 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 Cape Verde?

Big banks in Maldives are known to make a lot of money by charging high fees on Cape Verde 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 CVE 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 Cape Verde. 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 Cape Verde. You work hard for your money, so you should also ensure you get the maximum yield when you send CVE overseas.


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

It could be a stressful experience if you need to rush money quickly from Maldives to Cape Verde. 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 CVE. 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 Cape Verde Escudo. 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 Cape Verde money transfers.


Which are the best money transfer companies to transfer money from Maldives to Cape Verde?

Comparing money transfer companies for sending money to Cape Verde 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 Cape Verde. 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 Cape Verde Escudo 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 Cape Verde Escudo yield on every Maldivian Rufiyaa that you send.


Step by step guide to send money to Cape Verde from Maldives

Follow the below easy steps to send money to Cape Verde from Maldives.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Maldives bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Cape Verde).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your MVR to CVE remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.