What is the current MVR to ILS exchange rate?

The current mid-market exchange rate is 1 MVR = 0.2019 ILS. 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 ILS 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 ILS?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MVR/ILS 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 ILS — live rate

Convert Maldivian Rufiyaas to Israeli New Shekels and compare the real cost of sending money.

You send

MVR

They receive

ILS

1 MVR = 0.2019 ILS • Mid-market rate

Updated just now

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Historical MVR/ILS exchange rate

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

Quick reference: MVR to ILS

1 MVR → 0.20 ILS

5 MVR → 1.01 ILS

10 MVR → 2.02 ILS

50 MVR → 10.10 ILS

100 MVR → 20.19 ILS

500 MVR → 100.97 ILS

1,000 MVR → 201.93 ILS

5,000 MVR → 1,009.66 ILS

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

ILS — Israeli New Shekel

ISO Code ILS

Symbol ₪

Central Bank Bank of Israel

Common Notes ₪20, ₪50, ₪100, ₪200

Learn more about ILS

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

Convert MVR to ILS — live rate

Historical MVR/ILS exchange rate

Quick reference: MVR to ILS

Real cost of MVR → ILS

Estimated savings

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Currency snapshots