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South African rand to Maldives Rufiyaa Exchange Rate History - XTransfer

South African rand to Maldives Rufiyaa Historical Exchange Rates

Welcome to the ZAR to MVR exchange rate history page. This page contains detailed daily historical exchange rates between ZAR and MVR from 2025-3-8 to 2026-02-25, making it easy to look up and reference.

Amount
Result

1 ZAR = 0.954858 MVR

11:30 Exchange Rate

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1 South African rand to Maldives Rufiyaa Historical Exchange Rate Trends

1 ZAR = -- MVR

11:30 Exchange Rate

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

1 South African rand to Maldives Rufiyaa Data Statistics

This section organizes the historical exchange rate data of 1 ZAR 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
0.954858
0.960029
0.964712
0.964712
Low
0.954858
0.940561
0.937958
0.88679
Average
0.954858
0.951859
0.951396
0.926817

Past 7 days historical exchange rates

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

ZAR to MVR - Last 7 Days

ZARZARMVRMVR
2026-02-25
0.954858
ZARZARMVRMVR
2026-02-24
0.950129
ZARZARMVRMVR
2026-02-23
0.94972
ZARZARMVRMVR
2026-02-22
0.94972
ZARZARMVRMVR
2026-02-21
0.94972
ZARZARMVRMVR
2026-02-20
0.940561
ZARZARMVRMVR
2026-02-19
0.949014

MVR to ZAR - Last 7 Days

MVRMVRZARZAR
2026-02-25
1.047276
MVRMVRZARZAR
2026-02-24
1.052489
MVRMVRZARZAR
2026-02-23
1.05294
MVRMVRZARZAR
2026-02-22
1.05294
MVRMVRZARZAR
2026-02-21
1.05294
MVRMVRZARZAR
2026-02-20
1.063195
MVRMVRZARZAR
2026-02-19
1.053725

ZARZAR - South African Rand

The rand was issued in 1961 with the establishment of the Republic of South Africa, replacing the South African pound. ZAR is the mainstay currency of the South African economy and is widely used in mining, manufacturing and financial services. As one of the most important currencies in Africa, the rand has a high liquidity in the international market.

  • Supporting unit:1 cent (1 rand = 100 cents)
  • Denomination of banknotes:10, 20, 50, 100, 200 Rand
  • Reserve currency:No, but it has a significant influence in the African region.
  • Banknote material:Paper-based, featuring various anti-counterfeiting designs.
  • Metal composition:Copper-nickel alloy, nickel-plated steel core alloy
  • Currency symbol:R
  • Paper currency size:Approximately 140mm × 70mm
  • language:en
  • Main unit:Rand
  • ISO code:ZAR
  • Currency name:South African Rand
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:South African Reserve Bank
  • Safe-haven currency:No, mainly emerging market currencies.
  • Coin denomination:5, 10, 20, 50 cents; 1, 2, 5 rand.
  • Countries of Use:South Africa, Namibia, Lesotho, Eswatini, and Zimbabwe (partially used)
  • Cross-border payment:The rand is widely circulated in southern Africa, international payments are mostly conducted through the SWIFT network, and cross-border trade often settles in US dollars or euros.

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 South African rand to Maldives Rufiyaa exchange rate and remittance?

The actual amount received during remittance is directly affected by the ZAR 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 ZAR to MVR exchange rate can result in substantial changes in actual amounts.

Why are the South African rand 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 ZAR 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 South African rand to Maldives Rufiyaa exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between ZAR 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 South African rand to Maldives Rufiyaa based on historical exchange rates?

Look at the charts of ZAR to MVR over the past few months. If the trend is upward, it means ZAR 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.