📈 Singapore to Maldives Money Transfer Snapshot Today
- Best SGD to MVR exchange rate today: MVR 11.8500, offered by Remitly
- Number of money transfer providers compared: 2
- Exchange rate range: MVR 11.8500 to MVR 11.8400
- Potential savings on SGD 1000: MVR 10.00
- Number of deals and promo codes: 0
- Mid-market
ⓘThe mid-market exchange rate (also called the interbank rate) is the real SGD to MVR exchange rate before providers add their margin or fees. exchange rate: 1 SGD = MVR 12.0994 (Updated about an hour ago)
See detailed Singapore to Maldives money transfer comparison below.
Singapore to Maldives money transfer providers that matched the search criteria
📢 Special exchange rate applied for first transfer
If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.
💡What these rates mean for sending money to Maldives from Singapore today
Compare top-rated money transfer providers to find the best way to remit money to Maldives from Singapore. Check today's SGD to MVR exchange rates, read detailed provider reviews, and discover exclusive deals and promo codes.
RemitFinder compared 2 providers for Singapore to Maldives money transfers today. Here is what the competition looks like right now:
Today's Most Competitive Providers to Transfer Money to Maldives from Singapore
🥇 Remitly with 1 SGD = 11.8500 MVR (best SGD to MVR exchange rate today).
🥈 Ria Money Transfer offering 1 SGD = 11.8400 MVR.
The 2 providers compared today offer exchange rates from MVR 11.8400 to MVR 11.8500. On a SGD 1000 transfer from Singapore to Maldives, that spread means up to MVR 10.00 in potential savings — simply by choosing the right provider.
Singapore Dollar to Maldivian Rufiyaa exchange rates fluctuate throughout the day, and top-ranked providers can change quickly. Even a small difference in the rate offered can significantly impact how much MVR your recipient receives in Maldives.
Compare the providers above to maximize every SGD you send to Maldives. The best Singapore Dollar to Maldivian Rufiyaa transfer rate changes daily, so comparing today matters.
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 Singapore.
Latest Exchange Rates for Sending Money to Maldives from Singapore
Here are some latest SGD to MVR (Singapore Dollar to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.
| 1 SGD | 12.10 MVR |
| 5 SGD | 60.50 MVR |
| 10 SGD | 120.99 MVR |
| 25 SGD | 302.48 MVR |
| 50 SGD | 604.97 MVR |
| 100 SGD | 1,209.94 MVR |
| 150 SGD | 1,814.91 MVR |
| 200 SGD | 2,419.88 MVR |
| 250 SGD | 3,024.85 MVR |
| 300 SGD | 3,629.82 MVR |
| 400 SGD | 4,839.76 MVR |
| 500 SGD | 6,049.70 MVR |
| 600 SGD | 7,259.64 MVR |
| 700 SGD | 8,469.58 MVR |
| 800 SGD | 9,679.52 MVR |
| 1000 SGD | 12,099.40 MVR |
| 1500 SGD | 18,149.10 MVR |
| 2000 SGD | 24,198.80 MVR |
| 2500 SGD | 30,248.50 MVR |
| 3000 SGD | 36,298.20 MVR |
| 4000 SGD | 48,397.60 MVR |
| 5000 SGD | 60,497.00 MVR |
| 10000 SGD | 120,994.00 MVR |
| 15000 SGD | 181,491.00 MVR |
| 20000 SGD | 241,988.00 MVR |
| 30000 SGD | 362,982.00 MVR |
| 40000 SGD | 483,976.00 MVR |
| 50000 SGD | 604,970.00 MVR |
| 100000 SGD | 1,209,940.00 MVR |
*Based on the Mid-market Exchange Rate
What is the best way to send money to Maldives from Singapore?
It can get confusing when sending money from Singapore to Maldives given so many choices. Additionally, Singapore Dollar to MVR exchange rates fluctuate all the time. RemitFinder helps you compare money transfers companies to choose the best Singapore Dollar to Maldivian Rufiyaa exchange rate.Choose Singapore to Maldives 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 Maldives from Singapore.
To further help you maximize the return on your money, we get you access to exclusive promo codes discounts for Singapore Dollar to Maldivian Rufiyaa remittances.
How to get the best SGD to MVR transfer rate?
One of the key factors in getting the best Singapore Dollar to Maldivian Rufiyaa rate for your next money transfer is awareness of what your choices are. With many providers available, choose one that suits your needs for sending money to Maldives from Singapore.RemitFinder compares several providers so you can get the maximum return on your Singapore to Maldives transfer. Simply search for your countries and inspect various options.
You may also want to sign up for our free exchange rate alert for your SGD to Maldivian Rufiyaa money transfers. This way, you can get notified of the best rates, and send money when rates are higher.
What is the cheapest way to send money from Singapore to Maldives?
To send money to Maldives from Singapore, you should try to maximize the money your recipient gets in Maldivian Rufiyaa. Transaction speed, security and other factors notwithstanding, your biggest lever to make the most of your hard earned money is finding the cheapest SGD to MVR money transfer.Some of the traditional ways to send money may not be the cheapest. For example, you may end up paying high fees as well as get sub optimal exchange rate on your transfer from Singapore to Maldives.
That is why comparing providers is key. Use RemitFinder to see find the cheapest money transfer options for getting the best Singapore to Maldives exchange rate. You also get access to many exclusive promo codes and discounts; these help reduce your cost to send Singapore Dollar to Maldives.
Should I use my bank to transfer money from Singapore to Maldives?
Bank transfers are a convenient and familiar way to send money overseas from Singapore to Maldives. But they may not be the cheapest option available to you.In general, banks charge high fees (up to USD 35-50, or currency equivalent) and provide lower SGD to MVR exchange rates. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on Singapore to Maldives remittances.
We, therefore, recommend that before you use your Singapore bank for your Maldives money transfers, you explore other options to carefully review your total cost as well as the exchange rate you will get. Combined, these two factors will impact how much Maldivian Rufiyaa your recipient gets in Maldives.
What is the fastest way to transfer money from Singapore to Maldives?
Speed can be one of the key factors to consider when sending funds internationally from Singapore to Maldives. This is especially true if you need to send money urgently.To help you convert from SGD to MVR fast, we recommend reading our "all you need to know about remittances" guide. This will help you understand factors that affect transfer speed so you can choose the fastest providers.
If speed was the only factor to consider (for emergency needs), cash transfers may be your best bet - but carrying cash is risky.
Hopefully, you do not find yourself in a crisis where you have to rush Maldivian Rufiyaa quickly to Maldives, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to transfer money from Singapore to Maldives?
The definition of "best" is personal to everyone. It may even vary from one Singapore to Maldives transfer to the next.When comparing providers, check for factors like the best Singapore Dollar to Maldivian Rufiyaa exchange rate, limits, fees, speed, payment and delivery methods, and deals and promotions. Use these parameter to fine tune your choices.
By doing this, you can assess which providers fit your need for MVR money transfer to Maldives.
Finally, look for any promotions from these providers as these will lower your overall cost. This way, your recipient in Maldives will get more money for every Singapore Dollar you send.
Step by step guide to transfer money to Maldives from Singapore
A key determinant of Singapore to Maldives remittance yield is the money transfer company you choose. Use RemitFinder to compare global providers in an easy to understand view.Once you chosen the company you want to go with, follows the below steps to execute your transfer.
- Create an account with the chosen provider. Provider identification documents and personal information; the provider needs this to ensure that you are a genuine person and comply with regulations.
- Add your payment method - Singapore bank account, Credit or Debit Card, or even cash (if supported).
- Choose a delivery method - MVR bank deposit, cash pick, mobile wallet credit, etc.
- Add recipient details including name and address.
- Decide how much Singapore Dollar amount you want to send from Singapore.
- Optionally, look for deals or promotions. You can rely on RemitFinder to look for these. Discounts help you save even more, so be sure to use one if available.
- Validate all the information for accuracy and start your transaction.