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USD USD MVR MVR Rate as of2026-05-18

USD to MVR Converter.

Current rate

1 USD = 15.4 MVR as of 2026-05-18. USD to MVR is searched almost entirely around Maldives tourism — resort bookings, seaplane transfers, and live-aboard dive trips. The rufiyaa operates on a managed peg around 15.42 against USD with a 20% trading band, and most resort transactions actually settle in USD directly.

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USDMVR Converter

$
🇺🇸 $1.00 = 🇲🇻
MVR 15.40
Rate: 1 USD = 15.4000 MVR
Common conversions
🇺🇸 USD🇲🇻 MVR
$1.00MVR 15.40
$10.00MVR 154.00
$100.00MVR 1,540.00
$500.00MVR 7,700.00
$1,000.00MVR 15,400.00
$5,000.00MVR 77,000.00
$10,000.00MVR 154,000.00
$50,000.00MVR 770,000.00
$100,000.00MVR 1,540,000.00
✨ Mid-market rate · as of 2026-05-18 · Real-world transfer rates may differ 0.5-3% depending on provider · Not financial advice
📈 Trend

USD trend over time.

Today
15.4
1 USD = MVR
1 year ago
15.42
↓ 0.1% in 12 months
5 years ago
15.39
↑ 0.1% in 5 years
🔢 Quick reference

USD to MVR conversion table.

Common US Dollar amounts converted to Maldivian Rufiyaa at today's rate of 1 USD = 15.4 MVR. The reverse holds too: 1 MVR = 0.0649 USD.

USD → MVR
1 USD 15.4 MVR
5 USD 77 MVR
10 USD 154 MVR
25 USD 385 MVR
50 USD 770 MVR
100 USD 1,540 MVR
500 USD 7,700 MVR
1,000 USD 15,400 MVR
5,000 USD 77,000 MVR
10,000 USD 154,000 MVR
MVR → USD
1 MVR 0.0649 USD
5 MVR 0.3247 USD
10 MVR 0.6494 USD
25 MVR 1.62 USD
50 MVR 3.25 USD
100 MVR 6.49 USD
500 MVR 32.47 USD
1,000 MVR 64.94 USD
5,000 MVR 324.68 USD
10,000 MVR 649.35 USD
💡 About this corridor

Why people convert USD to MVR.

The USD/MVR corridor is driven mostly by global reserve currency and remittances from US-based workers. On the Maldivian Rufiyaa side, demand comes from Maldives tourism, managed USD peg around 15.42, and resort economy USD-acceptance. Because both sides see steady two-way flow, USD/MVR is one of the more liquid pairs in this region — which usually means tighter spreads and smaller markups than thinly-traded exotic pairs.

Over the past 12 months the US Dollar has moved down 0.1% against the Maldivian Rufiyaa, and over five years it has strengthened about 0.1% (from 15.39 to 15.4). If you're sending money on this corridor, that trend matters: a rising rate means timing your transfer — or locking a rate with a forward contract for large amounts — can change the Maldivian Rufiyaa you receive by a meaningful margin.

Getting the best USD → MVR rate. The figure above is the mid-market rate — the "true" rate banks and brokers reference. Most banks add a 1–3% margin on top and may charge a flat wire fee. Specialist services (Wise, Remitly, and regional exchange houses on this corridor) typically convert closer to mid-market. Always compare the effective rate after all fees, not just the headline rate — on a large USD transfer, a 2% difference is real money.

Rates shown are indicative mid-market rates as of 2026-05-18 and are for informational purposes only — not a quote or financial advice. Confirm the live rate with your provider before transacting.

❓ FAQ

USD to MVR FAQ.

Who converts USD to MVR?
Tourists exchanging cash for local Male meals and souvenirs, expat resort workers sending savings home, and Maldivian students abroad receiving family transfers. Resorts themselves quote and accept USD natively.
Best way to send USD to MVR?
Bank of Maldives and MIB accept SWIFT wires but with high fees. Wise does not support MVR — most travelers withdraw USD and convert at Male airport or use cards. Western Union has Male agent locations.
Should I take USD cash to Maldives?
Yes — USD is widely accepted at resorts, restaurants, and tour operators. Keep MVR only for local Male transport, market food, and ferry tickets. Cards work at resorts but often add 3-5% conversion markup.