Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MMK to MVR (Myanmar Kyat to Maldivian Rufiyaa) exchange rates

Myanmar (Burma)
Maldives
MMK

Interbank Exchange Rate: 1 MMK = 0.0074 MVR
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Myanmar Kyat to Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from Myanmar (Burma) to Maldives. Send money overseas to your loved ones by comparing Myanmar Kyat (MMK) 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 Myanmar (Burma).

Were you looking to send money from Maldives to Myanmar (Burma) 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 MMK to MVR Conversion Rates

Here are some latest MMK to MVR (Myanmar Kyat to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 MMK0.01 MVR
5 MMK0.04 MVR
10 MMK0.07 MVR
25 MMK0.19 MVR
50 MMK0.37 MVR
100 MMK0.74 MVR
150 MMK1.11 MVR
200 MMK1.48 MVR
250 MMK1.85 MVR
300 MMK2.22 MVR
400 MMK2.96 MVR
500 MMK3.70 MVR
600 MMK4.44 MVR
700 MMK5.18 MVR
800 MMK5.92 MVR
1,000 MMK7.40 MVR
1,500 MMK11.10 MVR
2,000 MMK14.80 MVR
2,500 MMK18.50 MVR
3,000 MMK22.20 MVR
4,000 MMK29.60 MVR
5,000 MMK37.00 MVR
10,000 MMK74.00 MVR
15,000 MMK111.00 MVR
20,000 MMK148.00 MVR
30,000 MMK222.00 MVR
40,000 MMK296.00 MVR
50,000 MMK370.00 MVR
100,000 MMK740.00 MVR

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from Myanmar (Burma) to Maldives?

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 Myanmar (Burma) 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 Myanmar Kyat 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 MMK 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 Myanmar (Burma). 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 your money transfers from Myanmar (Burma) to Maldives?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MMK to Maldivian Rufiyaa money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Myanmar (Burma) to Maldives. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MMK to MVR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to transfer money from Myanmar (Burma) to Maldives?

When you want to send money to Maldives from Myanmar (Burma), 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 MMK 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 Myanmar (Burma) 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 Myanmar (Burma) 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 Myanmar (Burma) to Maldives?

Bank transfers have been a traditionally popular way to send money overseas from Myanmar (Burma) 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 MMK 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 Myanmar (Burma) 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.


What is the fastest way to do a money transfer to Maldives from Myanmar (Burma)?

It could be a stressful experience if you need to rush money quickly from Myanmar (Burma) 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 MMK 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 Myanmar (Burma) to Maldives money transfers.


Which are the best money transfer companies to transfer money from Myanmar (Burma) to Maldives?

Since the Myanmar Kyat to Maldivian Rufiyaa 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 Myanmar (Burma) that may also be able to send money to Maldives. 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 MMK to MVR money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Maldives gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Myanmar (Burma) to Maldives transaction.


Step by step guide to do a money transfer from Myanmar (Burma) to Maldives

With so many possible ways to transfer Myanmar Kyat to Maldivian Rufiyaa, 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 Myanmar (Burma) to Maldives 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 Myanmar (Burma) and the receiver in Maldives. 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 MMK to Maldivian Rufiyaa money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.