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

Montserrat
Maldives
XCD

Interbank Exchange Rate: 1 XCD = 5.7206 MVR
Updated about an hour ago

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

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

Were you looking to send money from Maldives to Montserrat 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 XCD to MVR Conversion Rates

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

1 XCD5.72 MVR
5 XCD28.60 MVR
10 XCD57.21 MVR
25 XCD143.02 MVR
50 XCD286.03 MVR
100 XCD572.06 MVR
150 XCD858.09 MVR
200 XCD1,144.12 MVR
250 XCD1,430.15 MVR
300 XCD1,716.18 MVR
400 XCD2,288.24 MVR
500 XCD2,860.30 MVR
600 XCD3,432.36 MVR
700 XCD4,004.42 MVR
800 XCD4,576.48 MVR
1,000 XCD5,720.60 MVR
1,500 XCD8,580.90 MVR
2,000 XCD11,441.20 MVR
2,500 XCD14,301.50 MVR
3,000 XCD17,161.80 MVR
4,000 XCD22,882.40 MVR
5,000 XCD28,603.00 MVR
10,000 XCD57,206.00 MVR
15,000 XCD85,809.00 MVR
20,000 XCD114,412.00 MVR
30,000 XCD171,618.00 MVR
40,000 XCD228,824.00 MVR
50,000 XCD286,030.00 MVR
100,000 XCD572,060.00 MVR

*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 Maldives from Montserrat?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Montserrat to Maldives. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer East Caribbean Dollar to MVR.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send XCD to MVR in Maldives. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Maldives from Montserrat. We provide you with maximum choices to send money to Maldives by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best exchange rate for sending money from Montserrat to Maldives?

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 Maldives from Montserrat.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your XCD to Maldivian Rufiyaa 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 XCD to MVR 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 transfer money from Montserrat to Maldives?

When you want to send money to Maldives from Montserrat, you obviously want the cheapest possible option to maximize the money your recipient gets in Maldivian Rufiyaa. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your XCD to MVR money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Montserrat to Maldives. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Montserrat to Maldives exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Maldivian Rufiyaa overseas.


Should I use my bank to send money from Montserrat to Maldives?

Bank transfers have been a traditionally popular way to send money overseas from Montserrat to Maldives. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the XCD to MVR exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Montserrat bank for your Maldives money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Maldives from Montserrat fast?

It could be a stressful experience if you need to rush money quickly from Montserrat to Maldives. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert XCD to MVR. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Maldivian Rufiyaa. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Montserrat to Maldives money transfers.


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

Comparing money transfer companies for sending money to Maldives from Montserrat can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Maldives. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your East Caribbean Dollar to Maldivian Rufiyaa transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Maldivian Rufiyaa yield on every East Caribbean Dollar that you send.


Step by step guide to send money from Montserrat to Maldives

There are many important aspects of Montserrat to Maldives remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Montserrat bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include MVR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much East Caribbean Dollar amount you want to send from Montserrat.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Maldives to validate that they get the money once the transaction clears.