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USD to MVR - Compare Exchange Rates

United States Dollar to Maldivian Rufiyaa - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

USD to MVR mid-rate = 15.45

Right now the USD/MVR market mid-rate is 15.45 and represents ideally how many Maldivian Rufiyaa you can get for one United States Dollar.

This USD/MVR Converter calculates equivalent United States Dollar to Maldivian Rufiyaa amounts at the market mid-rate:

USD / MVR mid-rate converter


$USD


.ރMVR
1 United States Dollar equals
15.45 Maldivian Rufiyaa

Compare how much you can save on
USD/MVR exchange rates for:

Foreign Transfers

 
 
1 Week USD to MVR Chart
Loading USD/MVR rates
Sending to MVR we recommend: WorldRemit WorldRemit

United States Dollar

Maldivian Rufiyaa

1 USD 15.45 MVR
5 USD 77.25 MVR
10 USD 154.50 MVR
20 USD 309.00 MVR
50 USD 772.50 MVR
100 USD 1,545.00 MVR
250 USD 3,862.50 MVR
500 USD 7,725.00 MVR
1,000 USD 15,450.00 MVR
2,000 USD 30,900.00 MVR
5,000 USD 77,250.00 MVR
10,000 USD 154,500.00 MVR
50,000 USD 772,500.00 MVR
100,000 USD 1,545,000.00 MVR
See more

United States Dollar

Maldivian Rufiyaa

0.0647 USD 1 MVR
0.3236 USD 5 MVR
0.6473 USD 10 MVR
1.2945 USD 20 MVR
3.2363 USD 50 MVR
6.4725 USD 100 MVR
16.18 USD 250 MVR
32.36 USD 500 MVR
64.73 USD 1,000 MVR
129.45 USD 2,000 MVR
323.63 USD 5,000 MVR
647.25 USD 10,000 MVR
3,236.25 USD 50,000 MVR
6,472.50 USD 100,000 MVR
See more

MVR Country Guides
MaldivesMaldives

United States Dollar to Maldivian Rufiyaa (USD-MVR) - 10 Year History

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
22 Feb 201915.4500Latest
15 Feb 201915.45001 Week0%
23 Jan 201915.55001 Month-0.64%
26 Aug 201815.46006 Months-0.06%
22 Feb 201815.46001 Year-0.06%
22 Feb 201715.50002 Years-0.32%
23 Feb 201415.39675 Years+0.35%
24 Feb 200912.792510 Years+20.77%

Why can't I just get the USD/MVR market rate I see on Google or in the Media?

The USD/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 USD / 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 USD/MVR midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good USD to MVR exchange rate

  1. Know the latest USD/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.
  2. Compare your Bank's transaction costs to several 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.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for United States 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 USD vs MVR, you should pay attention to both United States Dollar and Maldivian Rufiyaa news and forecasts.

United States Dollar (USD) - Market news and forecasts

26-January-19: 2018 was a reasonable year for the dollar. Measured by the US Dollar Index, the greenback appreciated by 4 percent, which was much better than 2017’s 10 percent loss. It was, though, something of a stuttering end to 2018 and the dollar has had mixed fortunes in early 2019.

In December, after lifting US interest rates to 2.25-2.5 percent, the Fed lowered its expectations for future hikes due to so-called “cross currents” (China, Brexit, trade wars etc.). Skepticism among analysts over future Fed hikes has for some time been the main reason for dollar pessimism for 2019, but now, there is also the prospect of a US economic slowdown to contend with.

“A slowdown in the economy is likely to weigh on USD particularly in the second half of this year,” a CIBC researcher said in January.

Of the same opinion was an expert at ING, who argued that the dollar is soon to “embark on a gradual long-term bearish trend.”

January’s extended US government shutdown also has dollar-negative ramifications. Not only is the shutdown likely to hit first-quarter GDP growth, disagreements within Congress bode poorly for the future of potentially inflationary fiscal spending.

Maldivian Rufiyaa (MVR) - Market news and forecasts

No recent Maldivian Rufiyaa market updates.

Currency News and Forecasts - United States Dollar

Japan Allows Fintech Payments Specialists to Compete with Banks
Pound at 2-Week High Ahead of May-Juncker Brexit Meeting
Euro to Strike 20-Month Low This Week; $1.12 Beckons
HSBC Cuts Australian Dollar Forecast; Aussie to Buy Only US66¢ at Year-End
China’s Ant Financial Acquires WorldFirst
New Zealand Dollar Jumps After RBNZ Says It Won’t Lower Interest Rates