AUD to MVR mid-rate = 11.1104
Right now the AUD/MVR market mid-rate is 11.1104 and represents ideally how many Maldivian Rufiyaa you can get for one Australian Dollar.
You can calculate equivalent Australian Dollar to Maldivian Rufiyaa currency amounts (at mid-rate) below.
AUD / MVR Converter
|1 AUD||11.11 MVR|
|5 AUD||55.55 MVR|
|10 AUD||111.10 MVR|
|20 AUD||222.21 MVR|
|50 AUD||555.52 MVR|
|100 AUD||1,111.04 MVR|
|250 AUD||2,777.60 MVR|
|500 AUD||5,555.20 MVR|
|1,000 AUD||11,110.40 MVR|
|2,000 AUD||22,220.80 MVR|
|5,000 AUD||55,552.00 MVR|
|10,000 AUD||111,104.00 MVR|
|50,000 AUD||555,520.00 MVR|
|100,000 AUD||1,111,040.00 MVR|
|0.0900 AUD||1 MVR|
|0.4500 AUD||5 MVR|
|0.9001 AUD||10 MVR|
|1.8001 AUD||20 MVR|
|4.5003 AUD||50 MVR|
|9.0006 AUD||100 MVR|
|22.50 AUD||250 MVR|
|45.00 AUD||500 MVR|
|90.01 AUD||1,000 MVR|
|180.01 AUD||2,000 MVR|
|450.03 AUD||5,000 MVR|
|900.06 AUD||10,000 MVR|
|4,500.30 AUD||50,000 MVR|
|9,000.60 AUD||100,000 MVR|
|MVR Country Guides|
Australian Dollar to Maldivian Rufiyaa (AUD-MVR) - 10 Year History
The below table shows the historic variation in the AUD/MVR exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.
|19 Jan 2019||11.1104||Latest|
|12 Jan 2019||11.1560||1 Week||-0.41%|
|20 Dec 2018||10.9943||1 Month||+1.06%|
|23 Jul 2018||11.3650||6 Months||-2.24%|
|19 Jan 2018||12.3104||1 Year||-9.75%|
|19 Jan 2017||11.6127||2 Years||-4.33%|
|20 Jan 2014||13.5310||5 Years||-17.89%|
|21 Jan 2009||8.3599||10 Years||+32.9%|
Best Rates for AUD/MVR Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees. These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.
Why can't I just get the AUD/MVR market rate I see on Google or in the Media?
The AUD/MVR mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / MVR was traded (bought or sold) in the international markets.
Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.
The closer your final exchange rate is to the market AUD/MVR midrate the better deal you are getting.
The three things you need in order to get a good AUD to MVR exchange rate
- Know the latest AUD/MVR market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
- Compare your Bank's transaction costs
licensed FX providers, remember to compare
the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
- Review up-to-date Currency News and Forecasts for both the and currencies, if available.
Currency news and forecasts for Australian Dollar and Maldivian Rufiyaa
Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.
So it follows that if you are determining the best time to transact, in this case the AUD vs MVR, you should pay attention to both Australian Dollar and Maldivian Rufiyaa news and forecasts.
Australian Dollar (AUD) - Market news and forecasts
17-January-19: The Australian dollar recovered strongly following a "flash crash" in early January which saw it briefly trade at a 10-year low of 67.4 US cents.
By the time of this report, AUD/USD was back at 72 cents and roughly in line with December’s median exchange rate. The Aussie was similarly strong against other major currencies following its mini crash.
Several months ago, most analysts agreed that the Aussie was heading higher in 2019, but things have changed. In recent months, investors have become increasingly certain that no increase to Australian interest rates will be seen until 2020; there is, in fact, now a 25 percent chance of an RBA cut, per derivatives pricing. Inaction on interest rates will force capital away from Australia and towards countries where rates are higher or are expected to increase.
One senior researcher at BNP Paribas said in January that the Australian dollar would “get absolutely crucified and could suffer a 25-30 percent [long-term] fall.”
In opposition to that view, at least relative to the US dollar, was a CIBC analyst, who said that at current levels the Aussie was “very undervalued” and was his “best bet” for 2019. The analyst’s view was based upon there being a positive resolution to the US-China trade spat. The Aussie could be worth as much as 78 US cents in the second half of 2019, the analyst said.
Maldivian Rufiyaa (MVR) - Market news and forecasts
No recent Maldivian Rufiyaa market updates.