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Compare today's KPW to MVR (North Korean Won to Maldivian Rufiyaa) exchange rates

North Korea
Maldives
KPW

Interbank Exchange Rate: 1 KPW = 0.0172 MVR
Updated about an hour ago

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All you need to know about North Korean Won to Maldivian Rufiyaa money transfers

Easily compare money transfer providers in one place to send money from North Korea to Maldives. Send money overseas to your loved ones by comparing North Korean Won (KPW) 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 North Korea.

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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 KPW to MVR Conversion Rates

Here are some latest KPW to MVR (North Korean Won to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.

1 KPW0.02 MVR
5 KPW0.09 MVR
10 KPW0.17 MVR
25 KPW0.43 MVR
50 KPW0.86 MVR
100 KPW1.72 MVR
150 KPW2.58 MVR
200 KPW3.44 MVR
250 KPW4.30 MVR
300 KPW5.16 MVR
400 KPW6.88 MVR
500 KPW8.60 MVR
600 KPW10.32 MVR
700 KPW12.04 MVR
800 KPW13.76 MVR
1,000 KPW17.20 MVR
1,500 KPW25.80 MVR
2,000 KPW34.40 MVR
2,500 KPW43.00 MVR
3,000 KPW51.60 MVR
4,000 KPW68.80 MVR
5,000 KPW86.00 MVR
10,000 KPW172.00 MVR
15,000 KPW258.00 MVR
20,000 KPW344.00 MVR
30,000 KPW516.00 MVR
40,000 KPW688.00 MVR
50,000 KPW860.00 MVR
100,000 KPW1,720.00 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 North Korea?

With the global remittance market booming, there are so many choices for North Korean Won to MVR 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 Maldives from North Korea. 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 MVR 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 North Korea to Maldives?

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 Maldives.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your North Korea to Maldives 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 KPW to Maldivian Rufiyaa 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 to send money to Maldives from North Korea?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from North Korea to Maldives via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for North Korean Won to Maldivian Rufiyaa remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best North Korea to Maldives exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for KPW to MVR remittances.


How to send money to Maldives from North Korea through a bank?

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 KPW to MVR 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 North Korea to Maldives 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 Maldives from North Korea. They do this by letting you fund your transaction through your local bank account in North Korea, and by allowing you to choose the payout to be your recipient's bank account in Maldives. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to do a money transfer to Maldives from North Korea?

It could be a stressful experience if you need to rush money quickly from North Korea 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 KPW 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 North Korea to Maldives money transfers.


Which are the best money transfer companies to transfer money from North Korea to Maldives?

Comparing money transfer companies for sending money to Maldives from North Korea 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 North Korean Won 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 North Korean Won that you send.


Step by step guide to do a money transfer from North Korea to Maldives

There are many important aspects of North Korea 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 - North Korea 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 North Korean Won amount you want to send from North Korea.
  • 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.