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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’.
Sending money to India 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 India bank accounts or pay a Indian rupee invoice.
Maldivian rufiyaa (MVR) to Indian rupee (INR) market data - latest interbank exchange rate, trend, chart & historic rates.
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 Indian rupee is to review how the MVR/INR rate has changed over time.
The table below shows the percentage change in the MVR to INR exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | MVR/INR | Period |
|---|---|---|
31 May 2025 | 5.5348 | 2 Week |
16 Mar 2025 | 5.6441 | 3 Month |
14 Jun 2024 | 5.4219 | 1 Year |
15 Jun 2020 | 4.9097 | 5 Year |
17 Jun 2015 | 4.1866 | 10 Year |
19 Jun 2005 | 3.3989 | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much Maldivian rufiyaa are worth in Indian rupee across a range of amounts.
This gives a quick view of what you’d get when converting different MVR amounts at today’s rate * :
*Converted at the current MVR-INR interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
The best MVR to INR exchange rate is 5.4913 from WorldRemit. This is -1.9% compared to the mid-market rate 5.5976.
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 Indian rupee (INR) rates from different sources before making a conversion.
The above Rufiyaa to Rupee 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-INR mid-rate and the possible savings of using various providers.
Looking at the full MVR to INR - Send Money comparison table the provider with the best MVR to INR exchange rate is WorldRemit at 5.4913, -1.9% from the latest mid-market rate 5.5976.
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.
The recent performance of the USD to INR exchange rate reveals a complex interplay of factors influencing both currencies.
### EUR to INR Exchange Rate Summary The exchange rate between the Euro (EUR) and the Indian Rupee (INR) has recently been influenced by a variety of economic...
The exchange rate forecast for the Indian Rupee (INR) against the British Pound (GBP) reflects a complex interplay of geopolitical tensions, economic data, and market sentiments.
View a full list of exchange rates by selecting your Base (from) currency: