What is the current MVR to INR exchange rate?

The current mid-market exchange rate is 1 MVR = 5.8708 INR. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MVR to INR rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MVR to INR?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MVR/INR rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MVR to INR — live rate

Convert Maldivian Rufiyaas to Indian Rupees and compare the real cost of sending money.

You send

MVR

They receive

INR

1 MVR = 5.8708 INR • Mid-market rate

Updated just now

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Historical MVR/INR exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MVR to INR

1 MVR → 5.87 INR

5 MVR → 29.35 INR

10 MVR → 58.71 INR

50 MVR → 293.54 INR

100 MVR → 587.08 INR

500 MVR → 2,935.38 INR

1,000 MVR → 5,870.76 INR

5,000 MVR → 29,353.80 INR

Currency snapshots

MVR — Maldivian Rufiyaa

ISO Code MVR

Central Bank Maldives Monetary Authority

Common Notes 5, 10, 20, 50, 100, 200, 500

Learn more about MVR

INR — Indian Rupee

ISO Code INR

Symbol ₹

Central Bank Reserve Bank of India

Common Notes ₹5, ₹10, ₹20, ₹50, ₹100, ₹500, ₹1000

Learn more about INR

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert MVR to INR — live rate

Historical MVR/INR exchange rate

Quick reference: MVR to INR

Real cost of MVR → INR

Estimated savings

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Currency snapshots