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MVR to EUR Transfers Compared

MVR-EUR Rate Calculator

 
   
   
   
   
 
   

Understanding the Table:

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 the Eurozone 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 the Eurozone bank accounts or pay a Euro invoice.

 
   

MVR to EUR Market Data

Maldivian rufiyaa (MVR) to Euro (EUR) market data - latest interbank exchange rate, trend, chart & historic rates.

 
Sell MVR   →   Buy EUR
1 MVR = 0.055615 EUR
14d-highs
MVR to EUR is at 14-day highs near 0.055665, 1.8% below its 3-month average of 0.056634, having traded in a relatively stable 6.2% range from 0.054998 to 0.058420
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Tracker

Is the MVR to EUR 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 Euro is to review how the MVR/EUR rate has changed over time.

The table below shows the percentage change in the MVR to EUR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:

DateMVR/EURPeriod
28 Jun 2025
0.0554
2 Week
13 Apr 2025
0.0571
3 Month
12 Jul 2024
0.0592
1 Year
13 Jul 2020
0.0572
5 Year
15 Jul 2015
0.0597
10 Year
17 Jul 2005
0.0648
20 Year
MVR/EUR historic rates
 

MVR to EUR 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 Euro across a range of amounts.

This gives a quick view of what you’d get when converting different MVR amounts at today’s rate * :

MVR EUR
.ރ 1 0.0556
.ރ 5 0.2781
.ރ 10 0.5562
.ރ 20 1.1123
.ރ 50 2.7808
.ރ 100 5.5615
.ރ 250 13.90
.ރ 500 27.81
.ރ 1,000 55.62
.ރ 2,000 111.23
.ރ 5,000 278.08
.ރ 10,000 556.15
.ރ 20,000 1,112
.ރ 50,000 2,781
.ރ 100,000 5,562
MVR EUR
17.98 € 1
89.90 € 5
179.80 € 10
359.60 € 20
899.00 € 50
1,798 € 100
4,495 € 250
8,990 € 500
17,980 € 1,000
35,960 € 2,000
89,900 € 5,000
179,800 € 10,000
359,600 € 20,000
899,000 € 50,000
1,798,000 € 100,000

More amounts

*Converted at the current MVR-EUR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.

 
 

What is the best Send Money conversion rate for MVR to EUR?

The best MVR to EUR exchange rate is 0.0548 from WorldRemit. This is -1.5% compared to the mid-market rate 0.055615.

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 Euro (EUR) rates from different sources before making a conversion.

The above Rufiyaa to Euro 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-EUR mid-rate and the possible savings of using various providers. 

How do MVR-EUR rates compare between providers?

Looking at the full MVR to EUR - Send Money comparison table the provider with the best MVR to EUR exchange rate is WorldRemit at 0.0548, -1.5% from the latest mid-market rate 0.055615.

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.

 

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