"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
"Over 16 million customers use Wise, mostly for their excellent mobile app, transparent fee structure & use of mid-market rates. Now increasingly used for larger transfers."
Best choice: Wise
We tested & reviewed dozens of money transfer providers, and Wise scored highly.
Wise appeared in 100% of Maldives to the United States searches in the last 6 months, and was the top rated company out of 3 that support MVR to USD.
So for a great blend of cost, speed & features, make your Maldives to the United States transfer using Wise.
How to get the best deal on sending money from Maldives to United States
Get the most from sending money from Maldives to United States
Comparing providers offering services between Maldives and the United States based on your specific transfer amount, is the easiest way to get the best price on your transfer.
We cover the entire MVR-USD market and have compared 3 providers offering services between Maldives and the United States.
This ensures you will get the most comprehensive options for sending Rufiyaa to the United States.
Whilst we rate Wise as the best overall for transfers between the two countries, comparing gives you the best idea for your specific Maldives to the United States transfer needs.
Cheapest way to transfer money from Maldives to United States: Sokin
Data collected over the past six months shows that Sokin is 0.7% cheaper than the second-best option.
This includes an average transfer fee of 0* MVR an exchange rate for buying US Dollar with Rufiyaas that is 0.5% different to the mid-market rate.
If you want to secure the best rates on transfers from Maldives to United States, Sokin will result in the most US Dollar received.
*The most common fee applied to MVR-USD by Sokin, based on data from the past six months.
Fastest money transfers to the United States from Maldives: Payoneer.
Through our comparison, we found Payoneer to be the fastest option for sending Rufiyaa to US Dollar 100% of the time. For fast transfers between MVR and USD, Payoneer is a great option.
When sending money from Maldives to the United States, Payoneer has an average fee of 0 MVR. Although we would recommend comparing the amount you want to send.
When testing the fastest options, we compared the 3 money transfer providers offering Maldives to the United States transfers for overall speed. This included transfer times to after depositing Rufiyaa to a money transfer account.
When you want the fastest way to send, Payoneer is our recommended choice for Maldives to the United States transfers.
Transferring large sums of money
Of the 3 money transfer companies tested, Wise is the strongest option for large transfers from Maldives to the United States.
Reasons for sending large sums of money vary and include business or property purchases. But whatever the reason, sending large amounts of money from Maldives to the United States can become expensive through your bank or with the wrong provider.
Wise is our choice for sending large sums of money to MVR because they offer a strong all-round product.
Understanding the cost of money transfers from Maldives to United States
The total cost of sending money to United States from Maldives is made up of a combination of mid-market, exchange rates and fees.
The Mid-Market and Exchange Rates: The current mid-market for MVR-USD is 0.0649 USD per Rufiyaa.
Using a transfer company with an exchange rate as close to the mid-market rate as possible will result in being able to buy more US Dollar for your Rufiyaas.
Over the last three months, the average MVR-USD mid-market rate has seen each Rufiyaa worth 0.065 USD. Within this we see a high of 0.0651, and a low of 0.0647.
Of the 3 companies compared, Wise offers the best exchange rates.
The biggest factor in the overall cost of sending money is the exchange rate you receive on converting MVR to USD.
Fees: When sending money you may have to pay fees. Sokin has had an average fee of 0 MVR per transfer over the last 6 months, the lowest of the 3 providers compared. We would recommend searching to ensure you get the correct fee for your transfer amount.
Amount Received: When comparing providers, the best measure is the amount of US Dollar eventually received in the United States.
This number should be a guide for your decision if cost is important. A higher amount of money received in the United States means a better overall cost of sending money from Maldives.
Finding the best exchange rate for Rufiyaa to US Dollar
Timing is essential for sending money between MVR and USD. The exchange rate you secure impacts how much USD you get for your MVR.
Over the last six months, here’s what we’ve seen:
The exchange rate from MVR to USD averaged 0.065 USD.
The highest value recorded was 0.0651 USD, while the lowest was 0.0647 USD.
There are currently 3 providers offering transfers between Maldives and the United States close to this rate
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Payment options for transfers from Maldives to United States
How we analyze the market
We track the cost, speed, and product offerings of the leading money transfer services available between United States and Maldives.
Our comparison engine and algorithms evaluate providers based on over 25 factors, including transfer fees, ease of use, exchange rates, mobile apps, transfer times & customer support.
We also consider how these services are rated on platforms like TrustPilot, AppStore, and Google Play, giving you a comprehensive view of what to expect.
This thorough analysis helps you get the best available deal - every time you want to move money from Maldives to United States.
We also provide unbiased and detailed reviews of all the top money transfer companies. You can use these reviews to send MVR to USD.
For a deeper understanding of our commitment to integrity and transparency, we invite you to read our editorial policy document.