Compare today's SGD to MVR (Singapore Dollar to Maldivian Rufiyaa) exchange rates
Interbank Exchange Rate: 1 SGD = 11.9223 MVR
Updated about an hour ago
Found 1 Remittance Service Providers
1000 SGD =
11 730.00 MVR
Transfer Limit (SGD): 0 - 20000
Locked-In Rate1 SGD = 11.7300 MVR
📢 Special exchange rate applied for first transfer
0 Remit Service Providers did not match the search criteria.
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.
All you need to know about Singapore Dollar to Maldivian Rufiyaa money transfers
Easily compare money transfer providers in one place to send money from Singapore to Maldives. Send money overseas to your loved ones by comparing Singapore Dollar (SGD) 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.
RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Singapore to Maldives.
The best rate to send Maldivian Rufiyaa from Singapore Dollar to your loved ones in Maldives is currently offered by Remitly; their 1 SGD to MVR exchange rate today is 11.7300.
Were you looking to send money from Maldives to Singapore instead?
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.
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.
Latest SGD to MVR Conversion Rates
Here are some latest SGD to MVR (Singapore Dollar to Maldivian Rufiyaa) exchange rates for popular conversion amounts*.
| 1 SGD | 11.92 MVR |
| 5 SGD | 59.61 MVR |
| 10 SGD | 119.22 MVR |
| 25 SGD | 298.06 MVR |
| 50 SGD | 596.12 MVR |
| 100 SGD | 1,192.23 MVR |
| 150 SGD | 1,788.35 MVR |
| 200 SGD | 2,384.46 MVR |
| 250 SGD | 2,980.58 MVR |
| 300 SGD | 3,576.69 MVR |
| 400 SGD | 4,768.92 MVR |
| 500 SGD | 5,961.15 MVR |
| 600 SGD | 7,153.38 MVR |
| 700 SGD | 8,345.61 MVR |
| 800 SGD | 9,537.84 MVR |
| 1,000 SGD | 11,922.30 MVR |
| 1,500 SGD | 17,883.45 MVR |
| 2,000 SGD | 23,844.60 MVR |
| 2,500 SGD | 29,805.75 MVR |
| 3,000 SGD | 35,766.90 MVR |
| 4,000 SGD | 47,689.20 MVR |
| 5,000 SGD | 59,611.50 MVR |
| 10,000 SGD | 119,223.00 MVR |
| 15,000 SGD | 178,834.50 MVR |
| 20,000 SGD | 238,446.00 MVR |
| 30,000 SGD | 357,669.00 MVR |
| 40,000 SGD | 476,892.00 MVR |
| 50,000 SGD | 596,115.00 MVR |
| 100,000 SGD | 1,192,230.00 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 Singapore?
It can be very confusing when sending money from Singapore to Maldives given so many choices. Additionally, Singapore Dollar to MVR 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 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. 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 Singapore Dollar to Maldivian Rufiyaa remittances.
How to get the best exchange rate for sending money from Singapore 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 Singapore 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 SGD 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 from Singapore to Maldives?
When you want to send money to Maldives from Singapore, 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 SGD 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 Singapore 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 Singapore 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 transfer money from Singapore to Maldives?
Bank transfers have been a traditionally popular way to send money overseas from Singapore 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 SGD 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 Singapore 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 transfer money from Singapore to Maldives?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Singapore to Maldives. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert SGD to MVR fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Singapore Dollar amount reaching Maldives. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
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 very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Singapore to Maldives, we can help you in choosing the best provider.There are several key points you would want to check for; these include, but are not limited to, the best Singapore Dollar to Maldivian Rufiyaa exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.
After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MVR money transfers to Maldives. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.
Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Maldives getting more money for every Singapore Dollar you send.
Step by step guide to transfer money to Maldives from Singapore
There are many important aspects of Singapore 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 - Singapore 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 Singapore Dollar amount you want to send from Singapore.
- 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.