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Maldives - Maldivian Rufiyaa - Currency Guide

 

Foreign exchange guide to Maldives and the Maldivian Rufiyaa (MVR)

   

USD/MVR 90-day view

USDMVR at 15.41 is near its 90-DAY average, range 15.4-15.43.
|
90-DAY-LOW
 
Recent USD to MVR 90-day trend
   

MVR News, Forecasts and Trends

The above interactive chart shows the USD to MVR exchange rate, trend and recent alerts for the last 90 days.

US Dollar to Maldivian Rufiyaa - Historical Rates

USD/MVRChangePeriod
15.4000
24 Nov 2020
no change1 Week
15.4100
01 Nov 2020
0.1% ▼30 Days
15.4101
02 Sep 2020
0.1% ▼90 Days
15.4000
02 Dec 2019
no change1 Year
15.3333
03 Dec 2015
0.4% ▲5 Years
12.7975
04 Dec 2010
20.3% ▲10 Years

USD/MVR 10 year historic rates & change to 01-Dec-2020 : 15.4000

 

U$10,000 USD
=
.ރ154,100 MVR

Converted at USD/MVR interbank rate, compare Send Money and Currency Exchange exchange rates.

US Dollar to Maldivian Rufiyaa - Quick Conversions

USD MVR
U$ 1 15.41
U$ 5 77.05
U$ 10 154.10
U$ 20 308.20
U$ 50 770.50
U$ 100 1,541
U$ 250 3,853
U$ 500 7,705
U$ 1,000 15,410
U$ 2,000 30,820
U$ 5,000 77,050
U$ 10,000 154,100
U$ 50,000 770,500
U$ 100,000 1,541,000
More amounts
USD MVR
U$ 0.0649 .ރ 1
U$ 0.3245 .ރ 5
U$ 0.6489 .ރ 10
U$ 1.2979 .ރ 20
U$ 3.2447 .ރ 50
U$ 6.4893 .ރ 100
U$ 16.22 .ރ 250
U$ 32.45 .ރ 500
U$ 64.89 .ރ 1,000
U$ 129.79 .ރ 2,000
U$ 324.47 .ރ 5,000
U$ 648.93 .ރ 10,000
U$ 3,245 .ރ 50,000
U$ 6,489 .ރ 100,000
More amounts
 

Frequently Asked Questions

 

What currency should I use in Maldives?

The domestic currency in Maldives is the Maldivian Rufiyaa.

What is the Maldivian Rufiyaa currency code and symbol?

The three letter currency code for the Maldivian Rufiyaa is MVR — symbol is .

Which countries use the Maldivian Rufiyaa?

It is the domestic currency in    Maldives.

Is the Maldivian Rufiyaa a closed currency?

No, the Maldivian Rufiyaa is freely available and convertible. See guide: What is a closed currency?

 

Travel, Currency and Money saving tips for Maldives

The Maldives is made up of around 1,190 individual islands, peppered across the Indian Ocean, just below India and Sri Lanka. Some are so small that you'll have to zoom way in on your Google map before you even notice they're there. Out of all the islands within 26 different atolls (or collections of islands), only about 200 are actually inhabited by people. These include islands with year-round, permanent populations living in the likes of farming towns and fishing villages. Uninhabited islands are used for farmland or industry, or as "picnic" islands for resorts, which tourists can visit for the day for private, romantic meals.

Getting around in the Maldives.

The Maldives’ atolls are served by a series of ferries from Malé. They run on opposite days (to Maafushi on Monday, back to Malé on Tuesday) and rarely on Friday (it being the Muslim sabbath). You can jump from Malé to an atoll’s capital island then to smaller, nearby islands in the chain. The ferry is only 30-75 MVR depending on distance. Research the ferries beforehand so you know when and where you can go next. Island hopping is very difficult without planning.

Travel tips for the Maldives.

The only other country in the entire world with a 100-percent Muslim population is Saudi Arabia. This is good to know when planning your trip, since during the month-long holy fasting of Ramadan, most of the local staff you'll be encountering at the airport and resorts will be unable to eat or drink anything during daylight hours and many shops and services, including on resort islands,will be closed at certain times for prayer. Since the Maldives is a Muslim country, there are a few extremely important and strictly enforced rules that you may not know exist. For example, there is no alcohol available, strict Muslims aren't even allowed to touch anything that contains alcohol. Homosexuality is also highly frowned upon and illegal. Women are barred from wearing bathings suits or revealing clothing (i.e. nothing revealing the elbows, shoulders, or knees), there are no pork products, and public displays of affection, even just quick kisses, are agains the law.

 

Travel money for Maldives

Save money and time by Ordering your Maldivian Rufiyaa online from Travelex, you get better rates and can pick up the MVR cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Maldivian Rufiyaa otherwise you may get much worst exchange rates.

 

Send Money to Maldives - Best Rates

When searching around for information on how to get a good exchange rate when sending money to Maldives you need to start with finding out the latest Maldivian Rufiyaa exchange rate for foreign transfers also called International Money Transfers (IMTs), which can be very different to the wholesale rate and also to currency exchange rates.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save - we make that calculation easy in the below table.


Get a better deal for foreign transfers to Maldives

When sending money to Maldives it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Maldivian Rufiyaa amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted MVR amount will be transfered to the recipient account you specify in Maldives.

Use the above Send to Maldivian Rufiyaa calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Maldivian Rufiyaa deposited into the recipient bank account and less margins and fees kept by the banks!


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