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

Maldives
Guinea-Bissau
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 Guinea-Bissau. 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 Guinea-Bissau 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 Guinea-Bissau?

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 Guinea-Bissau. 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 XOF.

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 XOF in Guinea-Bissau. 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 Guinea-Bissau from Maldives. We provide you with maximum choices to send money to Guinea-Bissau by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Maldives to Guinea-Bissau?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Guinea-Bissau 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 Guinea-Bissau 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 Guinea-Bissau from Maldives?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Maldives to Guinea-Bissau via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Maldivian Rufiyaa to CFA Franc BCEAO remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Maldives to Guinea-Bissau exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MVR to XOF remittances.


How to send money from Maldives to Guinea-Bissau through a bank?

We do not recommend using your local bank in Maldives for your next MVR to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Maldives to Guinea-Bissau (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Guinea-Bissau. These companies will let you use your local bank account in Maldives to pay for your Guinea-Bissau money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Guinea-Bissau from Maldives fast?

It could be a stressful experience if you need to rush money quickly from Maldives to Guinea-Bissau. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert MVR to XOF. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in CFA Franc BCEAO. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Maldives to Guinea-Bissau money transfers.


Which are the best money transfer companies to send money from Maldives to Guinea-Bissau?

Maldives to Guinea-Bissau 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 Guinea-Bissau 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 CFA Franc BCEAO 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 send money from Maldives to Guinea-Bissau

The first step to send money to Guinea-Bissau 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 Guinea-Bissau 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 Guinea-Bissau!

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 Guinea-Bissau.