XTransfer
  • Products & Services
  • About Us
  • Help & Support
English
Create account
Mexican peso to Maldives Rufiyaa Exchange Rate History - XTransfer

Mexican peso to Maldives Rufiyaa Historical Exchange Rates

Welcome to the MXN to MVR exchange rate history page. This page contains detailed daily historical exchange rates between MXN and MVR from 2025-3-8 to 2026-04-02, making it easy to look up and reference.

Amount
Result

1 MXN = 0.861242 MVR

09:30 Exchange Rate

advertisement banner

Pay and get paid in local currency. Save up to 80% on your currency exchanges.

Get it for free now

1 Mexican peso to Maldives Rufiyaa Historical Exchange Rate Trends

1 MXN = -- MVR

09:30 Exchange Rate

MXN - MVR+0%
7D
1M
3M
Invalid DateInvalid Date

1 Mexican peso to Maldives Rufiyaa Data Statistics

This section organizes the historical exchange rate data of 1 MXN to MVR, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
0.861242
0.867639
0.875934
0.888928
Low
0.861242
0.840031
0.840031
0.840031
Average
0.861242
0.854124
0.858161
0.867989

Past 7 days historical exchange rates

Below are the daily average exchange rates of MXN to MVR for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of MVR to MXN, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

MXN to MVR - Last 7 Days

MXNMXNMVRMVR
2026-04-02
0.861242
MXNMXNMVRMVR
2026-04-01
0.862075
MXNMXNMVRMVR
2026-03-31
0.851607
MXNMXNMVRMVR
2026-03-30
0.840031
MXNMXNMVRMVR
2026-03-29
0.840347
MXNMXNMVRMVR
2026-03-28
0.842018
MXNMXNMVRMVR
2026-03-27
0.864157

MVR to MXN - Last 7 Days

MVRMVRMXNMXN
2026-04-02
1.161114
MVRMVRMXNMXN
2026-04-01
1.159992
MVRMVRMXNMXN
2026-03-31
1.174251
MVRMVRMXNMXN
2026-03-30
1.190432
MVRMVRMXNMXN
2026-03-29
1.189985
MVRMVRMXNMXN
2026-03-28
1.187623
MVRMVRMXNMXN
2026-03-27
1.157197

MXNMXN - Mexican Peso

The Mexican Peso was officially launched in 1863 and is one of the most influential currencies in Latin America. The MXN is widely used in domestic and international trade and is an important pillar of Mexico's economic stability and growth.

  • Supporting unit:1 peso = 100 centavos
  • Denomination of banknotes:20, 50, 100, 200, 500, 1000 pesos
  • Reserve currency:No, but it holds a certain reserve position in the Latin American region.
  • Banknote material:Smaller denominations (such as 20 and 50) are made of polymer material, while the others are made of paper.
  • Metal composition:Aluminum bronze, stainless steel, bimetallic alloy
  • Currency symbol:$ or Mex$
  • Paper currency size:The size of 500 pesos is approximately 146mm × 65mm.
  • language:en
  • Main unit:1 Peso
  • ISO code:MXN
  • Currency name:Mexican Peso
  • Exchange Rate System:Freely floating exchange rate system
  • Central Bank:Bank of Mexico
  • Safe-haven currency:No, it is an emerging market currency with high volatility.
  • Coin denomination:5, 10, 20, 50 cents; 1, 2, 5, 10, 20 pesos
  • Countries of Use:Mexico is the only country where Spanish is officially used, and in some border areas, both the dollar and the peso are in circulation.
  • Cross-border payment:Fast cross-border remittances can be achieved through dedicated channels such as SWIFT and Directo a México, particularly with extensive support for transfers from the United States.

MVRMVR - Maldives Rufiyaa

The Maldivian Rufiyaa has been the official currency of the island nation since 1981. The Rufiyaa supports the tourism and fishing industries and is widely used in local transactions, reflecting the country's unique economic structure.

  • Supporting unit:1 Laffia = 100 Laari
  • Denomination of banknotes:10, 20, 50, 100, 500, 1000 Raffia
  • Reserve currency:No, it mainly relies on the US dollar as its foreign exchange reserve.
  • Banknote material:Polymer plastic and paper mix (such as the 1000 denomination made of plastic material).
  • Metal composition:Copper-nickel alloy, steel core nickel plating
  • Currency symbol:Rf or ރ
  • Paper currency size:For example, 100 raffia approximately 150mm × 70mm.
  • language:en
  • Main unit:Rufiyaa
  • ISO code:MVR
  • Currency name:Maldives Lafia
  • Exchange Rate System:Focus on the stable exchange rate mechanism of the US dollar.
  • Central Bank:Maldives Monetary Authority
  • Safe-haven currency:No, exchange rate fluctuations are significantly influenced by the tourism industry.
  • Coin denomination:1, 2, 5, 10, 25, 50 Lari
  • Countries of Use:Maldives is the only country with official use.
  • Cross-border payment:Supports SWIFT international payments, with the US dollar being more commonly used in international transactions, while the LAFIA is primarily used for local transactions and tourism settlements.

FAQ

Based on the historical patterns of Mexican peso to Maldives Rufiyaa, is now a good time to exchange?

To judge the timing for exchanging Mexican peso to Maldives Rufiyaa, one must compare current rates with the average over the past year or even five years. If the current Mexican peso rate is well above the historical average, it usually means MXN is in a strong period, making it a good window for settlement into MVR. Conversely, if Mexican peso is at a historical low, it is recommended for exporters to hold MXN in batches and avoid the troughs to minimize losses when converting to MVR.

What are the main reasons affecting the historical volatility of MXN to MVR recently?

The core factor affecting the historical volatility of Mexican peso to Maldives Rufiyaa recently is the divergence in monetary policies between the two countries. When interest rate hikes are implemented, the attractiveness of MXN tends to increase, leading to a significant rise in its historical exchange rate against MVR. Additionally, fluctuations in global trade data and inflation levels trigger safe-haven demand for MXN, thereby intensifying the frequency of two-way volatility between Mexican peso and Maldives Rufiyaa.

Has MXN experienced a sharp plunge against MVR before? How can I protect myself?

Historically, Mexican peso against Maldives Rufiyaa has indeed experienced violent fluctuations or even plunges due to policy shocks or economic crises. The best way to hedge against Mexican peso exchange rate risk is to analyze its historical volatility cycles and avoid betting on a one-sided market at a single high point. It is recommended to use batch settlement or forward locking tools to keep the volatility risk of MXN to MVR within an acceptable trade cost range.

Is the current exchange rate of Mexican peso to Maldives Rufiyaa considered a historical high or low?

To evaluate the current level of MXN to MVR, one must examine the currency pair's long-term trend chart. By comparing the peaks and troughs of the past five years, you can clearly see if Mexican peso is approaching a historical resistance level. If the current MXN price has broken through highs from years ago, it indicates that MXN is at an extreme high; exchanging Mexican peso to Maldives Rufiyaa now can often lock in more substantial trade profits than in previous years.

How accurate are the AI-predicted exchange rates for Mexican peso to Maldives Rufiyaa?

AI predictions for MXN to MVR are trend references derived from historical big data and market sentiment models. While AI can capture the operational patterns of MXN through algorithms, it is difficult to 100% predict sudden international political events or unexpected policy adjustments. Therefore, the predicted values for Mexican peso to Maldives Rufiyaa should serve as supplementary advice for settlement timing, rather than an absolute execution guarantee.

How to stabilize exchange rates through convenient payment methods?

To stabilize profit fluctuations caused by exchange rates, the key is to shorten the decision-making link for settlement. By opening a global collection account online through XTransfer, foreign trade enterprises can move away from traditional banks' cumbersome offline declaration processes and lock in ideal rates for real-time settlement on their phones anytime, anywhere. This digital and convenient payment method from XTransfer frees you from bank hours and complex document reviews, allowing you to more autonomously capture market highs and ensure every payment is secured, effectively hedging against exchange loss risks.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.