MVR to SAR

Convert [custom_amount]Maldivian Rufiyaa to Saudi Riyal

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Rule of thumb

When you are abroad and you just want to get a quick estimate, use this rule of thumb:

[rule_of_thumb currency1=”MVR” currency2=”SAR” currency1_name=”Maldivian Rufiyaa” currency2_name=”Saudi Riyal”]

How to convert [custom_amount]Maldivian Rufiyaa to Saudi Riyal

Converting currencies can be done through various channels. Currency exchange services at banks or online platforms offer a straightforward solution—simply input the amount and desired currency. Online converters and ATMs also provide convenient options, while credit cards automatically handle conversions during international transactions.

How much does it cost to convert MVR to SAR

The cost of converting MVR to SAR depends on the method chosen. Exchange services may charge fees or offer slightly different rates. Online platforms and ATMs may have transaction fees, and credit cards might include foreign transaction fees. It’s essential to compare options and consider associated costs before deciding on a conversion method.

Maldivian Rufiyaa to Saudi Riyals conversion rates

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Top Currency Pairings for Maldivian Rufiyaa

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SAR to MVR
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MVR to USD
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MVR to EUR
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MVR to GBP
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MVR to JPY
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MVR to AUD
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MVR to CAD
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MVR to CHF
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MVR to CNY
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MVR to SEK
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MVR to NZD
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MVR to INR
Looking for another MVR currency pair?

How to transfer money? And how long does it take?

Peer-to-peer payment apps like Venmo or PayPal offer quick transactions. Wire transfers through banks are an option but can take a few days. Cryptocurrencies, such as Bitcoin or Ethereum, provide a decentralized alternative for transferring funds globally, offering speed and some degree of anonymity.

Look out for exchange scams

Look out forDescription
Unofficial Currency ExchangesStreet individuals and kioks may offer attractive rates and/or give counterfeit currency. Use established offices for safety.
Dynamic Currency ConversionSome ATMs offer less favorable exchange rates. Opt for local currency to avoid extra fees during transactions.
Overcharging at Exchange OfficesTourist-heavy areas may charge higher fees. Compare rates and be aware of additional fees before transactions.
Fake Banknote SwitchBe cautious during exchanges to prevent scammers from switching real currency with counterfeits. Count money carefully.
Inflated CommissionsExchange offices may have hidden fees. Inquire about the total cost, including commissions, before exchanging money.
Always know exactly how the coins and notes from the currency look like. Know or ask about exchange rate and fees beforehand and count your money carefully afterwards. Look at the chart, when was the last price update? Use your calculator to verify.

Currency Information

The MVR, which stands for Maldivian Rufiyaa, is the currency used in the Maldives. It is the legal tender of the Maldives and is not recognized as legal currency outside of the country.

SAR, or the Saudi Arabian Riyal, is the official currency of Saudi Arabia. It is commonly used as legal tender within the country. The SAR is also accepted in the neighboring countries of Bahrain and Oman, in addition to being recognized by some exchange bureaus internationally.

Cost of Living Comparison

When it comes to daily expenses, the cost of groceries and dining out plays a significant role. Here we look at the average weekly cost for basic groceries and dining out at a mid-range restaurant dinner for two people.

LocationWeekly GroceriesDining Out for Two
Maldives€80€40
Saudi Arabia€70€40
All numbers in Euros for easy comparison.

Keep in mind that these figures are approximations, and actual costs can vary based on specific locations and individual choices.