Compare today's MVR to DJF (Maldivian Rufiyaa to Djiboutian Franc) exchange rates
Interbank Exchange Rate: 1 MVR = 11.5219 DJF
Updated about an hour ago
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All you need to know about Maldivian Rufiyaa to Djiboutian Franc money transfers
Easily compare money transfer providers in one place to send money from Maldives to Djibouti. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Djiboutian Franc (DJF) 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 DJF Conversion Rates
Here are some latest MVR to DJF (Maldivian Rufiyaa to Djiboutian Franc) exchange rates for popular conversion amounts*.
| 1 MVR | 11.52 DJF |
| 5 MVR | 57.61 DJF |
| 10 MVR | 115.22 DJF |
| 25 MVR | 288.05 DJF |
| 50 MVR | 576.10 DJF |
| 100 MVR | 1,152.19 DJF |
| 150 MVR | 1,728.29 DJF |
| 200 MVR | 2,304.38 DJF |
| 250 MVR | 2,880.48 DJF |
| 300 MVR | 3,456.57 DJF |
| 400 MVR | 4,608.76 DJF |
| 500 MVR | 5,760.95 DJF |
| 600 MVR | 6,913.14 DJF |
| 700 MVR | 8,065.33 DJF |
| 800 MVR | 9,217.52 DJF |
| 1,000 MVR | 11,521.90 DJF |
| 1,500 MVR | 17,282.85 DJF |
| 2,000 MVR | 23,043.80 DJF |
| 2,500 MVR | 28,804.75 DJF |
| 3,000 MVR | 34,565.70 DJF |
| 4,000 MVR | 46,087.60 DJF |
| 5,000 MVR | 57,609.50 DJF |
| 10,000 MVR | 115,219.00 DJF |
| 15,000 MVR | 172,828.50 DJF |
| 20,000 MVR | 230,438.00 DJF |
| 30,000 MVR | 345,657.00 DJF |
| 40,000 MVR | 460,876.00 DJF |
| 50,000 MVR | 576,095.00 DJF |
| 100,000 MVR | 1,152,190.00 DJF |
*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 from Maldives to Djibouti?
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 Djibouti. 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 DJF.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 DJF in Djibouti. 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 Djibouti from Maldives. We provide you with maximum choices to send money to Djibouti 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 Djibouti?
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 Djibouti from Maldives.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MVR to Djiboutian Franc 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 DJF 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 to send money from Maldives to Djibouti?
The final amount your recipient gets when you send MVR to DJF is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.Before the dawn of the modern internet era, traditional methods to send money from Maldives to Djibouti used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.
A great way to find the cheapest options to send Djiboutian Franc is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Maldivian Rufiyaa to Djibouti exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.
Should I use my bank to send money from Maldives to Djibouti?
Bank transfers have been a traditionally popular way to send money overseas from Maldives to Djibouti. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MVR to DJF exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.
We, therefore, recommend that before you use your Maldives bank for your Djibouti money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.
How to send money from Maldives to Djibouti fast?
If you need to convert MVR to DJF as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Maldives to Djibouti could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.
Apart from the above, there are many other factors that can have an impact on your Maldivian Rufiyaa to Djiboutian Franc funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Djibouti.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Maldives to Djibouti. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.
Which are the best money transfer companies to transfer money from Maldives to Djibouti?
The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Maldives to Djibouti, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Maldivian Rufiyaa to Djiboutian Franc exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your DJF money transfers to Djibouti. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Djibouti getting more money for every Maldivian Rufiyaa you send.
Step by step guide to transfer money to Djibouti from Maldives
There are many important aspects of Maldives to Djibouti 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 DJF 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.