Compare today's MVR to NZD (Maldivian Rufiyaa to New Zealand Dollar) exchange rates
Interbank Exchange Rate: 1 MVR = 0.1073 NZD
Updated about an hour ago
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All you need to know about Maldivian Rufiyaa to New Zealand Dollar money transfers
Easily compare money transfer providers in one place to send money from Maldives to Cook Islands. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to New Zealand Dollar (NZD) 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 NZD Conversion Rates
Here are some latest MVR to NZD (Maldivian Rufiyaa to New Zealand Dollar) exchange rates for popular conversion amounts*.
| 1 MVR | 0.11 NZD |
| 5 MVR | 0.54 NZD |
| 10 MVR | 1.07 NZD |
| 25 MVR | 2.68 NZD |
| 50 MVR | 5.37 NZD |
| 100 MVR | 10.73 NZD |
| 150 MVR | 16.10 NZD |
| 200 MVR | 21.46 NZD |
| 250 MVR | 26.83 NZD |
| 300 MVR | 32.19 NZD |
| 400 MVR | 42.92 NZD |
| 500 MVR | 53.65 NZD |
| 600 MVR | 64.38 NZD |
| 700 MVR | 75.11 NZD |
| 800 MVR | 85.84 NZD |
| 1,000 MVR | 107.30 NZD |
| 1,500 MVR | 160.95 NZD |
| 2,000 MVR | 214.60 NZD |
| 2,500 MVR | 268.25 NZD |
| 3,000 MVR | 321.90 NZD |
| 4,000 MVR | 429.20 NZD |
| 5,000 MVR | 536.50 NZD |
| 10,000 MVR | 1,073.00 NZD |
| 15,000 MVR | 1,609.50 NZD |
| 20,000 MVR | 2,146.00 NZD |
| 30,000 MVR | 3,219.00 NZD |
| 40,000 MVR | 4,292.00 NZD |
| 50,000 MVR | 5,365.00 NZD |
| 100,000 MVR | 10,730.00 NZD |
*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 Cook Islands money transfers?
With the global remittance market booming, there are so many choices for Maldivian Rufiyaa to NZD money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Cook Islands from Maldives. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.
We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final NZD amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.
How to get the best rate to transfer money to Cook Islands from Maldives?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Cook Islands 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 New Zealand Dollar 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 Cook Islands corridor to give you more good choices for your next NZD money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money to Cook Islands from Maldives?
Finding the cheapest way to send money from Maldives to Cook Islands 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 NZD 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 Cook Islands 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 send money from Maldives to Cook Islands?
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 NZD 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 Cook Islands 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 Cook Islands 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 Cook Islands. But, you are likely to get much better rates and lower fees compared to your bank.
How to send money to Cook Islands from Maldives fast?
The first thing to do when you need to convert MVR to NZD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.The harder part might be how to identify which providers can execute fast funds transfers between Maldivian Rufiyaa and New Zealand Dollar. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.
To help demystify the unknowns in the end to end Maldives to Cook Islands remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Cook Islands.
Which are the best money transfer companies to send money from Maldives to Cook Islands?
Maldives to Cook Islands 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 Cook Islands 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 New Zealand Dollar 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 Cook Islands from Maldives
There are many important aspects of Maldives to Cook Islands 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 NZD 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.