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Compare today's MVR to DOP (Maldivian Rufiyaa to Dominican Peso) exchange rates

Maldives
Dominican Republic
MVR

Interbank Exchange Rate: 1 MVR = 4.0833 DOP
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to Dominican Peso money transfers

Easily compare money transfer providers in one place to send money from Maldives to Dominican Republic. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Dominican Peso (DOP) 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 DOP Conversion Rates

Here are some latest MVR to DOP (Maldivian Rufiyaa to Dominican Peso) exchange rates for popular conversion amounts*.

1 MVR4.08 DOP
5 MVR20.42 DOP
10 MVR40.83 DOP
25 MVR102.08 DOP
50 MVR204.17 DOP
100 MVR408.33 DOP
150 MVR612.50 DOP
200 MVR816.66 DOP
250 MVR1,020.83 DOP
300 MVR1,224.99 DOP
400 MVR1,633.32 DOP
500 MVR2,041.65 DOP
600 MVR2,449.98 DOP
700 MVR2,858.31 DOP
800 MVR3,266.64 DOP
1,000 MVR4,083.30 DOP
1,500 MVR6,124.95 DOP
2,000 MVR8,166.60 DOP
2,500 MVR10,208.25 DOP
3,000 MVR12,249.90 DOP
4,000 MVR16,333.20 DOP
5,000 MVR20,416.50 DOP
10,000 MVR40,833.00 DOP
15,000 MVR61,249.50 DOP
20,000 MVR81,666.00 DOP
30,000 MVR122,499.00 DOP
40,000 MVR163,332.00 DOP
50,000 MVR204,165.00 DOP
100,000 MVR408,330.00 DOP

*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 Dominican Republic money transfers?

There are many good choices when it comes to sending money from Maldives to Dominican Republic. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Maldivian Rufiyaa to DOP money transfers.

We compare different remittance companies to bring you the best options to send money to Dominican Republic from Maldives. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Maldivian Rufiyaa to Dominican Peso money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Maldives to Dominican 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 Dominican Peso 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 Dominican 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 DOP remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Maldives to Dominican Republic?

When you want to send money to Dominican Republic from Maldives, you obviously want the cheapest possible option to maximize the money your recipient gets in Dominican Peso. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MVR to DOP money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Maldives to Dominican Republic. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Maldives to Dominican Republic exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Dominican Peso overseas.


Should I use my bank to send money from Maldives to Dominican Republic?

Bank transfers have been a traditionally popular way to send money overseas from Maldives to Dominican Republic. 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 DOP 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 Dominican Republic 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 Dominican Republic fast?

If you need to convert MVR to DOP 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 Dominican Republic 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 Dominican Peso 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 Dominican Republic.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Maldives to Dominican Republic. 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 send money from Maldives to Dominican Republic?

Maldives to Dominican 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 Dominican 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 Dominican Peso 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 do a money transfer from Maldives to Dominican Republic

The first step to send money to Dominican 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 DOP 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 Dominican 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 Dominican 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 Dominican Republic.