The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to Japan can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to Japan bank accounts or pay a Japanese yen invoice.
MVR to JPY Market Data
Maldivian rufiyaa (MVR) to Japanese yen (JPY) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MVR →
Buy JPY
1 MVR = 9.5675 JPY
30dhighs◓
1d−0.1%▼
MVR to JPY at 9.6351 is just 0.9% above its 3-month average of 9.5449, having traded in a quite stable 5.1% range from 9.3152 to 9.7888
Is the MVR to JPY Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Maldivian rufiyaa against the Japanese yen is to review how the MVR/JPY rate has changed over time.
The table below shows the percentage change in the MVR to JPY exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MVR/JPY
Period
30 Aug 2025
9.5265
2 Week
15 Jun 2025
9.3548
3 Month
13 Sep 2024
9.1756
1 Year
14 Sep 2020
6.8656
5 Year
16 Sep 2015
7.8758
10 Year
18 Sep 2005
8.6812
20 Year
MVR/JPY historic rates
MVR to JPY Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Maldivian rufiyaa are worth in Japanese yen across a range of amounts.
This gives a quick view of what you’d get when converting different MVR amounts at today’s rate * :
What is the
best Send Money conversion rate for MVR to JPY?
The best MVR to JPY exchange rate is 9.424 from WorldRemit. This is -1.5% compared to the mid-market rate 9.5675.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Maldivian rufiyaa (MVR) to Japanese yen (JPY) rates from different sources before making a conversion.
The above
Rufiyaa to Yen comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest MVR-JPY mid-rate and the possible savings of using various providers.
How do MVR-JPY rates compare between providers?
Looking at the full
MVR to JPY - Send Money comparison table the provider with the best MVR to JPY exchange rate is WorldRemit at 9.424, -1.5% from the latest mid-market rate 9.5675.
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.