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Compare today's MVR to XOF (Maldivian Rufiyaa to CFA Franc BCEAO) exchange rates

Maldives
Central African Republic
MVR

Interbank Exchange Rate: 1 MVR = 35.9532 XOF
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Maldives to Central African Republic. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to CFA Franc BCEAO (XOF) 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 Central African Republic 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 XOF Conversion Rates

Here are some latest MVR to XOF (Maldivian Rufiyaa to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 MVR35.95 XOF
5 MVR179.77 XOF
10 MVR359.53 XOF
25 MVR898.83 XOF
50 MVR1,797.66 XOF
100 MVR3,595.32 XOF
150 MVR5,392.98 XOF
200 MVR7,190.64 XOF
250 MVR8,988.30 XOF
300 MVR10,785.96 XOF
400 MVR14,381.28 XOF
500 MVR17,976.60 XOF
600 MVR21,571.92 XOF
700 MVR25,167.24 XOF
800 MVR28,762.56 XOF
1,000 MVR35,953.20 XOF
1,500 MVR53,929.80 XOF
2,000 MVR71,906.40 XOF
2,500 MVR89,883.00 XOF
3,000 MVR107,859.60 XOF
4,000 MVR143,812.80 XOF
5,000 MVR179,766.00 XOF
10,000 MVR359,532.00 XOF
15,000 MVR539,298.00 XOF
20,000 MVR719,064.00 XOF
30,000 MVR1,078,596.00 XOF
40,000 MVR1,438,128.00 XOF
50,000 MVR1,797,660.00 XOF
100,000 MVR3,595,320.00 XOF

*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 Central African Republic from Maldives?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Maldives to Central African Republic. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Maldivian Rufiyaa to XOF.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MVR to XOF in Central African Republic. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Central African Republic from Maldives. We provide you with maximum choices to send money to Central African Republic by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Maldives to Central African Republic?

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 CFA Franc BCEAO 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 Central African Republic. 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 XOF 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 Central African Republic from Maldives?

One of the most important things to watch out for is hidden fees when sending money to Central African Republic 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 Central African Republic using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your CFA Franc BCEAO foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MVR to Central African Republic 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 Central African Republic from Maldives.


How to send money to Central African Republic from Maldives 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 Central African Republic 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 XOF transfers.

Given this, there are umpteen additional options to send money to Central African Republic 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 Central African Republic gets the maximum amount.


What is the fastest way to do a money transfer to Central African Republic from Maldives?

It could be a stressful experience if you need to rush money quickly from Maldives to Central African Republic. 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 XOF. 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 CFA Franc BCEAO. 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 Central African Republic money transfers.


Which are the best money transfer companies to transfer money from Maldives to Central African Republic?

Maldives to Central African Republic money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Central African Republic as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Maldivian Rufiyaa to CFA Franc BCEAO money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to transfer money to Central African Republic from Maldives

The first step to send money to Central African Republic from Maldives is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MVR to XOF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Central African Republic if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Maldives bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Central African Republic!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Maldives to Central African Republic.