What is the current MVR to ZAR exchange rate?

The current mid-market exchange rate is 1 MVR = 1.0289 ZAR. 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 ZAR 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 ZAR?

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

Convert Maldivian Rufiyaas to South African Rands and compare the real cost of sending money.

You send

MVR

They receive

ZAR

1 MVR = 1.0289 ZAR • Mid-market rate

Updated just now

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Historical MVR/ZAR exchange rate

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

Quick reference: MVR to ZAR

1 MVR → 1.03 ZAR

5 MVR → 5.14 ZAR

10 MVR → 10.29 ZAR

50 MVR → 51.44 ZAR

100 MVR → 102.89 ZAR

500 MVR → 514.44 ZAR

1,000 MVR → 1,028.87 ZAR

5,000 MVR → 5,144.35 ZAR

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

ZAR — South African Rand

ISO Code ZAR

Symbol R

Central Bank South African Reserve Bank

Common Notes R10, R20, R50, R100, R200

Learn more about ZAR

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

Convert MVR to ZAR — live rate

Historical MVR/ZAR exchange rate

Quick reference: MVR to ZAR

Real cost of MVR → ZAR

Estimated savings

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Currency snapshots