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Compare today's MVR to TWD (Maldivian Rufiyaa to New Taiwan Dollar) exchange rates

Maldives
Taiwan
MVR

Interbank Exchange Rate: 1 MVR = 2.0504 TWD
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to New Taiwan Dollar money transfers

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

Here are some latest MVR to TWD (Maldivian Rufiyaa to New Taiwan Dollar) exchange rates for popular conversion amounts*.

1 MVR2.05 TWD
5 MVR10.25 TWD
10 MVR20.50 TWD
25 MVR51.26 TWD
50 MVR102.52 TWD
100 MVR205.04 TWD
150 MVR307.56 TWD
200 MVR410.08 TWD
250 MVR512.60 TWD
300 MVR615.12 TWD
400 MVR820.16 TWD
500 MVR1,025.20 TWD
600 MVR1,230.24 TWD
700 MVR1,435.28 TWD
800 MVR1,640.32 TWD
1,000 MVR2,050.40 TWD
1,500 MVR3,075.60 TWD
2,000 MVR4,100.80 TWD
2,500 MVR5,126.00 TWD
3,000 MVR6,151.20 TWD
4,000 MVR8,201.60 TWD
5,000 MVR10,252.00 TWD
10,000 MVR20,504.00 TWD
15,000 MVR30,756.00 TWD
20,000 MVR41,008.00 TWD
30,000 MVR61,512.00 TWD
40,000 MVR82,016.00 TWD
50,000 MVR102,520.00 TWD
100,000 MVR205,040.00 TWD

*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 Taiwan from Maldives?

With the global remittance market booming, there are so many choices for Maldivian Rufiyaa to TWD 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 Taiwan 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 TWD 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 exchange rate for sending money from Maldives to Taiwan?

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 Taiwan.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Maldives to Taiwan 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 New Taiwan 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 for transferring money to Taiwan from Maldives?

Finding the cheapest way to send money from Maldives to Taiwan might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MVR to TWD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Maldives to Taiwan exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Taiwan 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 Taiwan 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 TWD transfers.

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


How to send money from Maldives to Taiwan fast?

The speed of your Maldivian Rufiyaa to New Taiwan Dollar funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MVR to TWD. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Taiwan from Maldives is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Taiwan if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout TWD into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Maldives bank to Taiwan bank transfer.


Which are the best money transfer companies to transfer money from Maldives to Taiwan?

Since the Maldivian Rufiyaa to New Taiwan Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Maldives that may also be able to send money to Taiwan. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MVR to TWD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Taiwan gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Maldives to Taiwan transaction.


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

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 Taiwan, 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 Taiwan 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 Taiwan where they can receive monies in New Taiwan Dollar.
  • 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.