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Compare today's MVR to EUR (Maldivian Rufiyaa to Euro) exchange rates

Maldives
Luxembourg
MVR

Interbank Exchange Rate: 1 MVR = 0.0547 EUR
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to Euro money transfers

Easily compare money transfer providers in one place to send money from Maldives to Luxembourg. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Euro (EUR) 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 Luxembourg 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 EUR Conversion Rates

Here are some latest MVR to EUR (Maldivian Rufiyaa to Euro) exchange rates for popular conversion amounts*.

1 MVR0.05 EUR
5 MVR0.27 EUR
10 MVR0.55 EUR
25 MVR1.37 EUR
50 MVR2.74 EUR
100 MVR5.47 EUR
150 MVR8.21 EUR
200 MVR10.94 EUR
250 MVR13.67 EUR
300 MVR16.41 EUR
400 MVR21.88 EUR
500 MVR27.35 EUR
600 MVR32.82 EUR
700 MVR38.29 EUR
800 MVR43.76 EUR
1,000 MVR54.70 EUR
1,500 MVR82.05 EUR
2,000 MVR109.40 EUR
2,500 MVR136.75 EUR
3,000 MVR164.10 EUR
4,000 MVR218.80 EUR
5,000 MVR273.50 EUR
10,000 MVR547.00 EUR
15,000 MVR820.50 EUR
20,000 MVR1,094.00 EUR
30,000 MVR1,641.00 EUR
40,000 MVR2,188.00 EUR
50,000 MVR2,735.00 EUR
100,000 MVR5,470.00 EUR

*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 from Maldives to Luxembourg?

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 Luxembourg. 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 EUR.

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 EUR in Luxembourg. 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 Luxembourg from Maldives. We provide you with maximum choices to send money to Luxembourg 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 Luxembourg?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MVR to Euro money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Maldives to Luxembourg. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MVR to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money from Maldives to Luxembourg?

The final amount your recipient gets when you send MVR to EUR is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Maldives to Luxembourg used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Euro is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Maldivian Rufiyaa to Luxembourg exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


Should I use my bank to send money from Maldives to Luxembourg?

Bank transfers have been a traditionally popular way to send money overseas from Maldives to Luxembourg. 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 EUR 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 Luxembourg 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.


How to send money to Luxembourg from Maldives fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Maldives to Luxembourg. 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 EUR 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 Luxembourg. 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 Euro quickly to Luxembourg, 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 to Luxembourg 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 Luxembourg, 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 Euro 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 EUR money transfers to Luxembourg. 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 Luxembourg getting more money for every Maldivian Rufiyaa you send.


Step by step guide to send money from Maldives to Luxembourg

There are many important aspects of Maldives to Luxembourg remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Maldives bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Maldivian Rufiyaa amount you want to send from Maldives.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Luxembourg to validate that they get the money once the transaction clears.