Compare today's MVR to JMD (Maldivian Rufiyaa to Jamaican Dollar) exchange rates
Interbank Exchange Rate: 1 MVR = 10.1104 JMD
Updated about an hour ago
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All you need to know about Maldivian Rufiyaa to Jamaican Dollar money transfers
Easily compare money transfer providers in one place to send money from Maldives to Jamaica. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Jamaican Dollar (JMD) 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 JMD Conversion Rates
Here are some latest MVR to JMD (Maldivian Rufiyaa to Jamaican Dollar) exchange rates for popular conversion amounts*.
| 1 MVR | 10.11 JMD |
| 5 MVR | 50.55 JMD |
| 10 MVR | 101.10 JMD |
| 25 MVR | 252.76 JMD |
| 50 MVR | 505.52 JMD |
| 100 MVR | 1,011.04 JMD |
| 150 MVR | 1,516.56 JMD |
| 200 MVR | 2,022.08 JMD |
| 250 MVR | 2,527.60 JMD |
| 300 MVR | 3,033.12 JMD |
| 400 MVR | 4,044.16 JMD |
| 500 MVR | 5,055.20 JMD |
| 600 MVR | 6,066.24 JMD |
| 700 MVR | 7,077.28 JMD |
| 800 MVR | 8,088.32 JMD |
| 1,000 MVR | 10,110.40 JMD |
| 1,500 MVR | 15,165.60 JMD |
| 2,000 MVR | 20,220.80 JMD |
| 2,500 MVR | 25,276.00 JMD |
| 3,000 MVR | 30,331.20 JMD |
| 4,000 MVR | 40,441.60 JMD |
| 5,000 MVR | 50,552.00 JMD |
| 10,000 MVR | 101,104.00 JMD |
| 15,000 MVR | 151,656.00 JMD |
| 20,000 MVR | 202,208.00 JMD |
| 30,000 MVR | 303,312.00 JMD |
| 40,000 MVR | 404,416.00 JMD |
| 50,000 MVR | 505,520.00 JMD |
| 100,000 MVR | 1,011,040.00 JMD |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to send money to Jamaica from Maldives?
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 Jamaica. 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 JMD.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 JMD in Jamaica. 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 Jamaica from Maldives. We provide you with maximum choices to send money to Jamaica by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best remit rate for transferring money from Maldives to Jamaica?
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 Jamaica.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Maldives to Jamaica 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 Jamaican 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 to send money from Maldives to Jamaica?
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 Jamaica 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 Jamaican Dollar 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 Jamaica 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 JMD remittances.
How to send money to Jamaica from Maldives through a bank?
We do not recommend using your local bank in Maldives for your next MVR to JMD 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 Jamaica (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 JMD to Jamaica. These companies will let you use your local bank account in Maldives to pay for your Jamaica 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 Jamaica?
If you need to convert MVR to JMD 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 Jamaica 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 Jamaican 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 Jamaica.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Maldives to Jamaica. 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 Jamaica?
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 Jamaica, 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 Jamaican Dollar 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 JMD money transfers to Jamaica. 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 Jamaica getting more money for every Maldivian Rufiyaa you send.
Step by step guide to do a money transfer from Maldives to Jamaica
Follow the below easy steps to send money to Jamaica 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 Jamaica).
- 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.