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Compare today's MVR to XOF (Maldivian Rufiyaa to CFA Franc BCEAO) exchange rates

Maldives
Gabon
MVR

Interbank Exchange Rate: 1 MVR = 35.8694 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 Gabon. 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.

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.

Were you looking to send money from Gabon to Maldives instead?

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.


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 MVR35.87 XOF
5 MVR179.35 XOF
10 MVR358.69 XOF
25 MVR896.74 XOF
50 MVR1,793.47 XOF
100 MVR3,586.94 XOF
150 MVR5,380.41 XOF
200 MVR7,173.88 XOF
250 MVR8,967.35 XOF
300 MVR10,760.82 XOF
400 MVR14,347.76 XOF
500 MVR17,934.70 XOF
600 MVR21,521.64 XOF
700 MVR25,108.58 XOF
800 MVR28,695.52 XOF
1,000 MVR35,869.40 XOF
1,500 MVR53,804.10 XOF
2,000 MVR71,738.80 XOF
2,500 MVR89,673.50 XOF
3,000 MVR107,608.20 XOF
4,000 MVR143,477.60 XOF
5,000 MVR179,347.00 XOF
10,000 MVR358,694.00 XOF
15,000 MVR538,041.00 XOF
20,000 MVR717,388.00 XOF
30,000 MVR1,076,082.00 XOF
40,000 MVR1,434,776.00 XOF
50,000 MVR1,793,470.00 XOF
100,000 MVR3,586,940.00 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 Gabon?

There are many good choices when it comes to sending money from Maldives to Gabon. 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 XOF money transfers.

We compare different remittance companies to bring you the best options to send money to Gabon 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 CFA Franc BCEAO money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Gabon from Maldives?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Gabon 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 CFA Franc BCEAO 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 Gabon corridor to give you more good choices for your next XOF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Gabon from Maldives?

When you want to send money to Gabon from Maldives, you obviously want the cheapest possible option to maximize the money your recipient gets in CFA Franc BCEAO. 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 XOF 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 Gabon. 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 Gabon 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 CFA Franc BCEAO overseas.


How to send money from Maldives to Gabon through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Maldives to Gabon. 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 XOF 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 Gabon 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.


What is the fastest way to do a money transfer to Gabon from Maldives?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Maldives to Gabon. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert MVR to XOF fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Maldivian Rufiyaa amount reaching Gabon. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush CFA Franc BCEAO quickly to Gabon, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


Which are the best money transfer companies to send money from Maldives to Gabon?

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 Gabon, 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 Gabon. 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 Gabon getting more money for every Maldivian Rufiyaa you send.


Step by step guide to send money to Gabon from Maldives

The first step to send money to Gabon 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 XOF 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 Gabon 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 Gabon!

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 Gabon.