What is the current MVR to PHP exchange rate?

The current mid-market exchange rate is 1 MVR = 3.8590 PHP. 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 PHP 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 PHP?

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

Convert Maldivian Rufiyaas to Philippine Pesos and compare the real cost of sending money.

You send

MVR

They receive

PHP

1 MVR = 3.8590 PHP • Mid-market rate

Updated just now

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Historical MVR/PHP exchange rate

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

Quick reference: MVR to PHP

1 MVR → 3.86 PHP

5 MVR → 19.29 PHP

10 MVR → 38.59 PHP

50 MVR → 192.95 PHP

100 MVR → 385.90 PHP

500 MVR → 1,929.48 PHP

1,000 MVR → 3,858.96 PHP

5,000 MVR → 19,294.80 PHP

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

PHP — Philippine Peso

ISO Code PHP

Symbol ₱

Central Bank Central Bank of the Philippines

Common Notes ₱20, ₱50, ₱100, ₱200, ₱500, ₱1000

Learn more about PHP

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

Convert MVR to PHP — live rate

Historical MVR/PHP exchange rate

Quick reference: MVR to PHP

Real cost of MVR → PHP

Estimated savings

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Currency snapshots