Convert MVR to NZD — live rate

Convert Maldivian Rufiyaas to New Zealand Dollars and compare the real cost of sending money.

MVR
NZD
1 MVR = 0.1125 NZD Mid-market rate
Updated just now
Compare transfers for MVR → NZD
No signup required FCA-regulated providers only

Historical MVR/NZD exchange rate

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

Quick reference: MVR to NZD

1 MVR 0.11 NZD
5 MVR 0.56 NZD
10 MVR 1.12 NZD
50 MVR 5.62 NZD
100 MVR 11.25 NZD
500 MVR 56.24 NZD
1,000 MVR 112.47 NZD
5,000 MVR 562.37 NZD

Real cost of MVR → NZD

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MVR
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Compare MVR → NZD providers

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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
NZD — New Zealand Dollar
ISO Code NZD
Symbol $
Central Bank Reserve Bank of New Zealand
Common Notes $5, $10, $20, $50, $100
Learn more about NZD

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