Compare today's MVR to USD (Maldivian Rufiyaa to US Dollar) exchange rates
Interbank Exchange Rate: 1 MVR = 0.0648 USD
Updated about an hour ago
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All you need to know about Maldivian Rufiyaa to US Dollar money transfers
Easily compare money transfer providers in one place to send money from Maldives to El Salvador. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to US Dollar (USD) 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 USD Conversion Rates
Here are some latest MVR to USD (Maldivian Rufiyaa to US Dollar) exchange rates for popular conversion amounts*.
| 1 MVR | 0.06 USD |
| 5 MVR | 0.32 USD |
| 10 MVR | 0.65 USD |
| 25 MVR | 1.62 USD |
| 50 MVR | 3.24 USD |
| 100 MVR | 6.48 USD |
| 150 MVR | 9.72 USD |
| 200 MVR | 12.96 USD |
| 250 MVR | 16.20 USD |
| 300 MVR | 19.44 USD |
| 400 MVR | 25.92 USD |
| 500 MVR | 32.40 USD |
| 600 MVR | 38.88 USD |
| 700 MVR | 45.36 USD |
| 800 MVR | 51.84 USD |
| 1,000 MVR | 64.80 USD |
| 1,500 MVR | 97.20 USD |
| 2,000 MVR | 129.60 USD |
| 2,500 MVR | 162.00 USD |
| 3,000 MVR | 194.40 USD |
| 4,000 MVR | 259.20 USD |
| 5,000 MVR | 324.00 USD |
| 10,000 MVR | 648.00 USD |
| 15,000 MVR | 972.00 USD |
| 20,000 MVR | 1,296.00 USD |
| 30,000 MVR | 1,944.00 USD |
| 40,000 MVR | 2,592.00 USD |
| 50,000 MVR | 3,240.00 USD |
| 100,000 MVR | 6,480.00 USD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Maldives to El Salvador?
With the global remittance market booming, there are so many choices for Maldivian Rufiyaa to USD 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 El Salvador 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 USD 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 exchange rate for your money transfers from Maldives to El Salvador?
One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to El Salvador.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Maldives to El Salvador transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.
You may also want to sign up for our free exchange rate alert for your MVR to United States Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.
What's the cheapest way for transferring money to El Salvador from Maldives?
The final amount your recipient gets when you send MVR to USD 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 El Salvador 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 United States Dollar 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 El Salvador 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.
How to send money from Maldives to El Salvador 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 El Salvador 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 USD transfers.
Given this, there are umpteen additional options to send money to El Salvador 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 El Salvador gets the maximum amount.
How to send money from Maldives to El Salvador fast?
If you need to convert MVR to USD 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 El Salvador 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 United States Dollar 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 El Salvador.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Maldives to El Salvador. 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 El Salvador?
Maldives to El Salvador 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 El Salvador 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 United States 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 El Salvador from Maldives
Follow the below easy steps to send money to El Salvador from Maldives.- If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
- You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
- Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Maldives bank account to fund your transaction.
- Add your recipient - provide details about who will receive the funds (can also be your own account in El Salvador).
- Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
- Add the transfer amount and start the transaction.
Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.