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Malaysian ringgit to Maldives Rufiyaa Exchange Rate History - XTransfer

Malaysian ringgit to Maldives Rufiyaa Historical Exchange Rates

Welcome to the MYR to MVR exchange rate history page. This page contains detailed daily historical exchange rates between MYR and MVR from 2025-3-8 to 2026-02-10, making it easy to look up and reference.

Amount
Result

1 MYR = 3.87025 MVR

00:31 Exchange Rate

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1 Malaysian ringgit to Maldives Rufiyaa Historical Exchange Rate Trends

1 MYR = -- MVR

00:31 Exchange Rate

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

1 Malaysian ringgit to Maldives Rufiyaa Data Statistics

This section organizes the historical exchange rate data of 1 MYR 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
3.87025
3.89331
3.89331
3.89331
Low
3.86583
3.80165
3.7388
3.66627
Average
3.86804
3.86052
3.81316
3.74935

Past 7 days historical exchange rates

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

MYR to MVR - Last 7 Days

MYRMYRMVRMVR
2026-02-10
3.87025
MYRMYRMVRMVR
2026-02-09
3.86583
MYRMYRMVRMVR
2026-02-08
3.8575
MYRMYRMVRMVR
2026-02-07
3.8575
MYRMYRMVRMVR
2026-02-06
3.85068
MYRMYRMVRMVR
2026-02-05
3.87271
MYRMYRMVRMVR
2026-02-04
3.87222

MVR to MYR - Last 7 Days

MVRMVRMYRMYR
2026-02-10
0.25838
MVRMVRMYRMYR
2026-02-09
0.25868
MVRMVRMYRMYR
2026-02-08
0.2592
MVRMVRMYRMYR
2026-02-07
0.2592
MVRMVRMYRMYR
2026-02-06
0.25969
MVRMVRMYRMYR
2026-02-05
0.25822
MVRMVRMYRMYR
2026-02-04
0.25825

MYRMYR - Malaysian Ringgit

The Ringgit has been issued since 1967, reflecting the modernization of Malaysia's economy. MYR is competitive in the Southeast Asian market, especially supporting the development of the manufacturing and export industries.

  • Supporting unit:1 Linjitt = 100 points (Sen)
  • Denomination of banknotes:1, 5, 10, 20, 50, 100 Ringgit Malaysia
  • Reserve currency:No, but it serves as a certain reserve in the Southeast Asian region.
  • Banknote material:Items priced at 5 yuan and below are made of polymer, while the others are mostly made of paper.
  • Metal composition:Nickel-plated steel core, brass-plated, stainless steel
  • Currency symbol:RM
  • Paper currency size:For example, 100 ringgit is approximately 145mm × 69mm.
  • language:en
  • Main unit:1 Ringgit
  • ISO code:MYR
  • Currency name:Malaysian Ringgit
  • Exchange Rate System:Managed floating exchange rate system
  • Central Bank:Bank Negara Malaysia
  • Safe-haven currency:No, it belongs to emerging market currencies and is significantly affected by capital flows.
  • Coin denomination:5, 10, 20, 50 points
  • Countries of Use:Malaysia is the only country where it is used officially.
  • Cross-border payment:Supports networks such as SWIFT and the Asian Payment Network (APS). The ringgit has a certain circulation base in neighboring countries like Singapore and Thailand, but the US dollar remains the primary settlement currency.

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

What is the relationship between Malaysian ringgit to Maldives Rufiyaa exchange rate and remittance?

The actual amount received during remittance is directly affected by the MYR to MVR exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the MYR to MVR exchange rate can result in substantial changes in actual amounts.

Why are the Malaysian ringgit to Maldives Rufiyaa exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see MYR to MVR on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of Malaysian ringgit to Maldives Rufiyaa exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between MYR and MVR, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of Malaysian ringgit to Maldives Rufiyaa based on historical exchange rates?

Look at the charts of MYR to MVR over the past few months. If the trend is upward, it means MYR is appreciating and exchanging to MVR is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
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.