Compare today's MVR to MWK (Maldivian Rufiyaa to Malawian Kwacha) exchange rates
Interbank Exchange Rate: 1 MVR = 111.8660 MWK
Updated about an hour ago
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All you need to know about Maldivian Rufiyaa to Malawian Kwacha money transfers
Easily compare money transfer providers in one place to send money from Maldives to Malawi. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Malawian Kwacha (MWK) 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 MWK Conversion Rates
Here are some latest MVR to MWK (Maldivian Rufiyaa to Malawian Kwacha) exchange rates for popular conversion amounts*.
| 1 MVR | 111.87 MWK |
| 5 MVR | 559.33 MWK |
| 10 MVR | 1,118.66 MWK |
| 25 MVR | 2,796.65 MWK |
| 50 MVR | 5,593.30 MWK |
| 100 MVR | 11,186.60 MWK |
| 150 MVR | 16,779.90 MWK |
| 200 MVR | 22,373.20 MWK |
| 250 MVR | 27,966.50 MWK |
| 300 MVR | 33,559.80 MWK |
| 400 MVR | 44,746.40 MWK |
| 500 MVR | 55,933.00 MWK |
| 600 MVR | 67,119.60 MWK |
| 700 MVR | 78,306.20 MWK |
| 800 MVR | 89,492.80 MWK |
| 1,000 MVR | 111,866.00 MWK |
| 1,500 MVR | 167,799.00 MWK |
| 2,000 MVR | 223,732.00 MWK |
| 2,500 MVR | 279,665.00 MWK |
| 3,000 MVR | 335,598.00 MWK |
| 4,000 MVR | 447,464.00 MWK |
| 5,000 MVR | 559,330.00 MWK |
| 10,000 MVR | 1,118,660.00 MWK |
| 15,000 MVR | 1,677,990.00 MWK |
| 20,000 MVR | 2,237,320.00 MWK |
| 30,000 MVR | 3,355,980.00 MWK |
| 40,000 MVR | 4,474,640.00 MWK |
| 50,000 MVR | 5,593,300.00 MWK |
| 100,000 MVR | 11,186,600.00 MWK |
*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.
What's the best way to do Maldives to Malawi money transfers?
There are many good choices when it comes to sending money from Maldives to Malawi. 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 MWK money transfers.We compare different remittance companies to bring you the best options to send money to Malawi 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 Malawian Kwacha 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 Malawi from Maldives?
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 Malawi.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Maldives to Malawi 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 Malawian Kwacha 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 to Malawi from Maldives?
One of the most important things to watch out for is hidden fees when sending money to Malawi from Maldives. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Malawi using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malawian Kwacha foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MVR to Malawi exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Malawi from Maldives.
How to send money from Maldives to Malawi through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Maldives to Malawi money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MVR to MWK transfers.
Given this, there are umpteen additional options to send money to Malawi instead of just your Maldives bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Maldivian Rufiyaa even more so that your recipient in Malawi gets the maximum amount.
How to send money to Malawi 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 Malawi. 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 MWK 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 Malawi. 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 Malawian Kwacha quickly to Malawi, 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 transfer money to Malawi from Maldives?
Maldives to Malawi 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 Malawi 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 Malawian Kwacha 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 do a money transfer from Maldives to Malawi
Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Maldives to Malawi, then please continue to read.One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Maldives to Malawi that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.
Once you identify your provider of choice, follow the below step by step guide to send money.
- Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
- Provide information about the receiver - name, address and a bank account in Malawi where they can receive monies in Malawian Kwacha.
- Then, provide details of your Maldives bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
- Finally, select the amount you want to transfer, and click Send.
- The provider will start your transaction, and keep you updated on the progress of your transfer.