Compare today's MVR to XOF (Maldivian Rufiyaa to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MVR = 35.9532 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 Equatorial Guinea. 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 | 35.95 XOF |
| 5 MVR | 179.77 XOF |
| 10 MVR | 359.53 XOF |
| 25 MVR | 898.83 XOF |
| 50 MVR | 1,797.66 XOF |
| 100 MVR | 3,595.32 XOF |
| 150 MVR | 5,392.98 XOF |
| 200 MVR | 7,190.64 XOF |
| 250 MVR | 8,988.30 XOF |
| 300 MVR | 10,785.96 XOF |
| 400 MVR | 14,381.28 XOF |
| 500 MVR | 17,976.60 XOF |
| 600 MVR | 21,571.92 XOF |
| 700 MVR | 25,167.24 XOF |
| 800 MVR | 28,762.56 XOF |
| 1,000 MVR | 35,953.20 XOF |
| 1,500 MVR | 53,929.80 XOF |
| 2,000 MVR | 71,906.40 XOF |
| 2,500 MVR | 89,883.00 XOF |
| 3,000 MVR | 107,859.60 XOF |
| 4,000 MVR | 143,812.80 XOF |
| 5,000 MVR | 179,766.00 XOF |
| 10,000 MVR | 359,532.00 XOF |
| 15,000 MVR | 539,298.00 XOF |
| 20,000 MVR | 719,064.00 XOF |
| 30,000 MVR | 1,078,596.00 XOF |
| 40,000 MVR | 1,438,128.00 XOF |
| 50,000 MVR | 1,797,660.00 XOF |
| 100,000 MVR | 3,595,320.00 XOF |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to transfer money from Maldives to Equatorial Guinea?
With the global remittance market booming, there are so many choices for Maldivian Rufiyaa to XOF 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 Equatorial Guinea 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 XOF 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 Equatorial Guinea from Maldives?
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 Equatorial Guinea from Maldives.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MVR to CFA Franc BCEAO 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 XOF 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 transfer money from Maldives to Equatorial Guinea?
Finding the cheapest way to send money from Maldives to Equatorial Guinea 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 XOF 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 Equatorial Guinea 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.
How to send money from Maldives to Equatorial Guinea 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 Equatorial Guinea 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 Equatorial Guinea 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 Equatorial Guinea gets the maximum amount.
What is the fastest way to transfer money from Maldives to Equatorial Guinea?
The speed of your Maldivian Rufiyaa to CFA Franc BCEAO funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MVR to XOF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Equatorial Guinea from Maldives is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Equatorial Guinea if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Maldives bank to Equatorial Guinea bank transfer.
Which are the best money transfer companies to transfer money to Equatorial Guinea from Maldives?
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 Equatorial Guinea, 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 CFA Franc BCEAO 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 XOF money transfers to Equatorial Guinea. 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 Equatorial Guinea getting more money for every Maldivian Rufiyaa you send.
Step by step guide to send money to Equatorial Guinea from Maldives
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Maldives to Equatorial Guinea, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Maldives to Equatorial Guinea that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Equatorial Guinea where they can receive monies in CFA Franc BCEAO.
- Then, provide details of your Maldives bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.