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Compare today's MVR to XCD (Maldivian Rufiyaa to East Caribbean Dollar) exchange rates

Maldives
Montserrat
MVR

Interbank Exchange Rate: 1 MVR = 0.1749 XCD
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to East Caribbean Dollar money transfers

Easily compare money transfer providers in one place to send money from Maldives to Montserrat. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to East Caribbean Dollar (XCD) 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 Montserrat 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 XCD Conversion Rates

Here are some latest MVR to XCD (Maldivian Rufiyaa to East Caribbean Dollar) exchange rates for popular conversion amounts*.

1 MVR0.17 XCD
5 MVR0.87 XCD
10 MVR1.75 XCD
25 MVR4.37 XCD
50 MVR8.75 XCD
100 MVR17.49 XCD
150 MVR26.24 XCD
200 MVR34.98 XCD
250 MVR43.73 XCD
300 MVR52.47 XCD
400 MVR69.96 XCD
500 MVR87.45 XCD
600 MVR104.94 XCD
700 MVR122.43 XCD
800 MVR139.92 XCD
1,000 MVR174.90 XCD
1,500 MVR262.35 XCD
2,000 MVR349.80 XCD
2,500 MVR437.25 XCD
3,000 MVR524.70 XCD
4,000 MVR699.60 XCD
5,000 MVR874.50 XCD
10,000 MVR1,749.00 XCD
15,000 MVR2,623.50 XCD
20,000 MVR3,498.00 XCD
30,000 MVR5,247.00 XCD
40,000 MVR6,996.00 XCD
50,000 MVR8,745.00 XCD
100,000 MVR17,490.00 XCD

*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 Montserrat?

There are many good choices when it comes to sending money from Maldives to Montserrat. 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 XCD money transfers.

We compare different remittance companies to bring you the best options to send money to Montserrat 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 East Caribbean Dollar 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 Montserrat from Maldives?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Maldives to Montserrat transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MVR to East Caribbean Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Maldivian Rufiyaa to East Caribbean Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

One of the most important things to watch out for is hidden fees when sending money to Montserrat 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 Montserrat using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your East Caribbean Dollar foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MVR to Montserrat 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 Montserrat from Maldives.


How to send money to Montserrat from Maldives 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 Montserrat 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 XCD transfers.

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


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

The first thing to do when you need to convert MVR to XCD quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Maldivian Rufiyaa and East Caribbean Dollar. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Maldives to Montserrat remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Montserrat.


Which are the best money transfer companies to send money from Maldives to Montserrat?

The first step in selecting the best money transfer operators for Maldives to Montserrat 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 East Caribbean Dollar 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 Montserrat.


Step by step guide to send money to Montserrat from Maldives

With so many possible ways to transfer Maldivian Rufiyaa to East Caribbean Dollar, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Maldives to Montserrat remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Maldives and the receiver in Montserrat. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MVR to East Caribbean Dollar money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.