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Compare today's MVR to XOF (Maldivian Rufiyaa to CFA Franc BCEAO) exchange rates

Maldives
Togo
MVR

Interbank Exchange Rate: 1 MVR = 35.9610 XOF
Updated about an hour ago

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All you need to know about Maldivian Rufiyaa to CFA Franc BCEAO money transfers

Easily compare money transfer providers in one place to send money from Maldives to Togo. Send money overseas to your loved ones by comparing Maldivian Rufiyaa (MVR) to CFA Franc BCEAO (XOF) 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 XOF Conversion Rates

Here are some latest MVR to XOF (Maldivian Rufiyaa to CFA Franc BCEAO) exchange rates for popular conversion amounts*.

1 MVR35.96 XOF
5 MVR179.81 XOF
10 MVR359.61 XOF
25 MVR899.03 XOF
50 MVR1,798.05 XOF
100 MVR3,596.10 XOF
150 MVR5,394.15 XOF
200 MVR7,192.20 XOF
250 MVR8,990.25 XOF
300 MVR10,788.30 XOF
400 MVR14,384.40 XOF
500 MVR17,980.50 XOF
600 MVR21,576.60 XOF
700 MVR25,172.70 XOF
800 MVR28,768.80 XOF
1,000 MVR35,961.00 XOF
1,500 MVR53,941.50 XOF
2,000 MVR71,922.00 XOF
2,500 MVR89,902.50 XOF
3,000 MVR107,883.00 XOF
4,000 MVR143,844.00 XOF
5,000 MVR179,805.00 XOF
10,000 MVR359,610.00 XOF
15,000 MVR539,415.00 XOF
20,000 MVR719,220.00 XOF
30,000 MVR1,078,830.00 XOF
40,000 MVR1,438,440.00 XOF
50,000 MVR1,798,050.00 XOF
100,000 MVR3,596,100.00 XOF

*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 Togo money transfers?

It can be very confusing when sending money from Maldives to Togo given so many choices. Additionally, Maldivian Rufiyaa to XOF exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Maldives to Togo as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Togo from Maldives. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Maldivian Rufiyaa to CFA Franc BCEAO remittances.


How to get the best exchange rate for your money transfers from Maldives to Togo?

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 Togo 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 CFA Franc BCEAO 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 CFA Franc BCEAO exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way for transferring money to Togo from Maldives?

The final amount your recipient gets when you send MVR to XOF 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 Togo 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 CFA Franc BCEAO 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 Togo 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 Togo?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MVR to XOF exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Maldives to Togo money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Togo from Maldives. They do this by letting you fund your transaction through your local bank account in Maldives, and by allowing you to choose the payout to be your recipient's bank account in Togo. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Maldives to Togo fast?

The speed of your Maldivian Rufiyaa to CFA Franc BCEAO 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 XOF. 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 Togo 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 Togo 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 XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Maldives bank to Togo bank transfer.


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

Maldives to Togo 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 Togo 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 CFA Franc BCEAO 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 send money to Togo from Maldives

The first step to send money to Togo from Maldives is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MVR to XOF overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Togo if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Maldives bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Togo!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Maldives to Togo.