Compare today's MVR to XOF (Maldivian Rufiyaa to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MVR = 35.9610 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 Chad. 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.
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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 MVR | 35.96 XOF |
| 5 MVR | 179.81 XOF |
| 10 MVR | 359.61 XOF |
| 25 MVR | 899.03 XOF |
| 50 MVR | 1,798.05 XOF |
| 100 MVR | 3,596.10 XOF |
| 150 MVR | 5,394.15 XOF |
| 200 MVR | 7,192.20 XOF |
| 250 MVR | 8,990.25 XOF |
| 300 MVR | 10,788.30 XOF |
| 400 MVR | 14,384.40 XOF |
| 500 MVR | 17,980.50 XOF |
| 600 MVR | 21,576.60 XOF |
| 700 MVR | 25,172.70 XOF |
| 800 MVR | 28,768.80 XOF |
| 1,000 MVR | 35,961.00 XOF |
| 1,500 MVR | 53,941.50 XOF |
| 2,000 MVR | 71,922.00 XOF |
| 2,500 MVR | 89,902.50 XOF |
| 3,000 MVR | 107,883.00 XOF |
| 4,000 MVR | 143,844.00 XOF |
| 5,000 MVR | 179,805.00 XOF |
| 10,000 MVR | 359,610.00 XOF |
| 15,000 MVR | 539,415.00 XOF |
| 20,000 MVR | 719,220.00 XOF |
| 30,000 MVR | 1,078,830.00 XOF |
| 40,000 MVR | 1,438,440.00 XOF |
| 50,000 MVR | 1,798,050.00 XOF |
| 100,000 MVR | 3,596,100.00 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 Chad 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 Chad. 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 Chad. 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 Chad from Maldives. We provide you with maximum choices to send money to Chad by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for your money transfers from Maldives to Chad?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Chad 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 CFA Franc BCEAO 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 Chad corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money from Maldives to Chad?
While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Maldives to Chad via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.A sure way to find the most cost effective way for Maldivian Rufiyaa to CFA Franc BCEAO remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.
Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Maldives to Chad exchange rate.
Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MVR to XOF remittances.
How to send money to Chad 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 Chad 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 Chad 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 Chad gets the maximum amount.
What is the fastest way to do a money transfer to Chad from Maldives?
It could be a stressful experience if you need to rush money quickly from Maldives to Chad. 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 Chad money transfers.
Which are the best money transfer companies to send money to Chad from Maldives?
Comparing money transfer companies for sending money to Chad 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 Chad. 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 CFA Franc BCEAO 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 CFA Franc BCEAO yield on every Maldivian Rufiyaa that you send.
Step by step guide to send money from Maldives to Chad
There are many important aspects of Maldives to Chad 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 XOF 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.