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Compare today's MVR to ILS (Maldivian Rufiyaa to Israeli New Sheqel) exchange rates

Maldives
Israel
MVR

Interbank Exchange Rate: 1 MVR = 0.2010 ILS
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to Israeli New Sheqel money transfers

Easily compare money transfer providers in one place to send money from Maldives to Israel. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Israeli New Sheqel (ILS) 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 ILS Conversion Rates

Here are some latest MVR to ILS (Maldivian Rufiyaa to Israeli New Sheqel) exchange rates for popular conversion amounts*.

1 MVR0.20 ILS
5 MVR1.01 ILS
10 MVR2.01 ILS
25 MVR5.03 ILS
50 MVR10.05 ILS
100 MVR20.10 ILS
150 MVR30.15 ILS
200 MVR40.20 ILS
250 MVR50.25 ILS
300 MVR60.30 ILS
400 MVR80.40 ILS
500 MVR100.50 ILS
600 MVR120.60 ILS
700 MVR140.70 ILS
800 MVR160.80 ILS
1,000 MVR201.00 ILS
1,500 MVR301.50 ILS
2,000 MVR402.00 ILS
2,500 MVR502.50 ILS
3,000 MVR603.00 ILS
4,000 MVR804.00 ILS
5,000 MVR1,005.00 ILS
10,000 MVR2,010.00 ILS
15,000 MVR3,015.00 ILS
20,000 MVR4,020.00 ILS
30,000 MVR6,030.00 ILS
40,000 MVR8,040.00 ILS
50,000 MVR10,050.00 ILS
100,000 MVR20,100.00 ILS

*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 Israel?

It can be very confusing when sending money from Maldives to Israel given so many choices. Additionally, Maldivian Rufiyaa to ILS exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Maldives to Israel as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Israel from Maldives. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Maldivian Rufiyaa to Israeli New Sheqel remittances.


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

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


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

When you want to send money to Israel from Maldives, you obviously want the cheapest possible option to maximize the money your recipient gets in Israeli New Sheqel. 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 ILS 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 Israel. 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 Israel 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 Israeli New Sheqel overseas.


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

We do not recommend using your local bank in Maldives for your next MVR to ILS 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 Israel (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 ILS to Israel. These companies will let you use your local bank account in Maldives to pay for your Israel money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to transfer money from Maldives to Israel?

If you need to convert MVR to ILS 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 Israel 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 Israeli New Sheqel 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 Israel.

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

Comparing money transfer companies for sending money to Israel from Maldives can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Israel. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Maldivian Rufiyaa to Israeli New Sheqel transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Israeli New Sheqel yield on every Maldivian Rufiyaa that you send.


Step by step guide to send money to Israel from Maldives

The first step to send money to Israel 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 ILS 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 Israel 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 Israel!

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 Israel.