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Compare today's MVR to MYR (Maldivian Rufiyaa to Malaysian Ringgit) exchange rates

Maldives
Malaysia
MVR
Interbank Exchange Rate: 1 MVR = 0.2684 MYR
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to Malaysian Ringgit money transfers

Easily compare money transfer providers in one place to send money from Maldives to Malaysia. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to Malaysian Ringgit (MYR) 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.

Were you looking to send money from Malaysia to Maldives instead?

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.

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.


Latest MVR to MYR Conversion Rates

Here are some latest MVR to MYR (Maldivian Rufiyaa to Malaysian Ringgit) exchange rates for popular conversion amounts*.

1 MVR0.27 MYR
5 MVR1.34 MYR
10 MVR2.68 MYR
25 MVR6.71 MYR
50 MVR13.42 MYR
100 MVR26.84 MYR
150 MVR40.26 MYR
200 MVR53.68 MYR
250 MVR67.10 MYR
300 MVR80.52 MYR
400 MVR107.36 MYR
500 MVR134.20 MYR
600 MVR161.04 MYR
700 MVR187.88 MYR
800 MVR214.72 MYR
1,000 MVR268.40 MYR
1,500 MVR402.60 MYR
2,000 MVR536.80 MYR
2,500 MVR671.00 MYR
3,000 MVR805.20 MYR
4,000 MVR1,073.60 MYR
5,000 MVR1,342.00 MYR
10,000 MVR2,684.00 MYR
15,000 MVR4,026.00 MYR
20,000 MVR5,368.00 MYR
30,000 MVR8,052.00 MYR
40,000 MVR10,736.00 MYR
50,000 MVR13,420.00 MYR
100,000 MVR26,840.00 MYR

*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 Malaysia?

With the global remittance market booming, there are so many choices for Maldivian Rufiyaa to MYR money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Malaysia from Maldives. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MYR amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Maldives to Malaysia?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Malaysia from Maldives.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MVR to Malaysian Ringgit remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for MVR to MYR remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


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

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 Malaysia 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 Malaysian Ringgit 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 Malaysia 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 MYR remittances.


How to send money from Maldives to Malaysia 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 Malaysia 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 MYR transfers.

Given this, there are umpteen additional options to send money to Malaysia 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 Malaysia gets the maximum amount.


How to send money to Malaysia 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 Malaysia. 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 MYR 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 Malaysia. 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 Malaysian Ringgit quickly to Malaysia, 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 from Maldives to Malaysia?

The first step in selecting the best money transfer operators for Maldives to Malaysia remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Maldivian Rufiyaa to Malaysian Ringgit money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Malaysia.


Step by step guide to do a money transfer from Maldives to Malaysia

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 Malaysia, 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 Malaysia 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 Malaysia where they can receive monies in Malaysian Ringgit.
  • 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.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MVR travel to another part of the globe.