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MVR to INR Converter

Use our online MVR to INR forex conversion calculator for accurate real-time Maldivian Rufiyaa to Indian Rupee exchange rates today. View the latest MVR to INR rates, compare it with past trends before you buy Maldivian Rufiyaa, reload your card, or make an international money transfer.

The MVR to INR exchange rate shows how much 1 Maldivian Rufiyaa is worth in Indian Rupees. Exchange rates fluctuate throughout the day based on global forex markets, demand and supply, economic indicators and geopolitical developments.

BookMyForex is an Indian online marketplace for currency exchange, money transfers, and forex cards. It compares rates across hundreds of banks and dealers to get you the best live rate in real time. You can book orders online in a few simple steps and get doorstep delivery to your home or office.

(Live Exchange Rates)

AMOUNT IN MVR AMOUNT IN INR

Best Online Maldivian Rufiyaa to Indian Rupee Converter (Live MVR to INR Exchange Rates)

Check out today's Maldivian Rufiyaa rates live:

Forex Rates LIVE

USD

₹95.76

EUR

₹105.77

AED

₹26.57

SGD

₹74.80

THB

₹2.92

CAD

₹67.58

CHF

₹116.08

HKD

₹13.01

SAR

₹26.34

ZAR

₹7.30

AUD

₹65.21

JPY

₹0.64

GBP

₹126.63

NZD

₹53.51

View All

Live MVR to INR Exchange Rates Today

Convert Maldivian Rufiyaa to Indian Rupees

Maldivian Ruffiya (MVR)

Indian Rupee (INR)

1 MVR

6.16 INR

5 MVR

30.80 INR

10 MVR

61.61 INR

20 MVR

123.22 INR

50 MVR

308.05 INR

100 MVR

616.10 INR

500 MVR

3080.50 INR

1000 MVR

6161.00 INR

Convert Indian Rupees to Maldivian Rufiyaa

Indian Rupee (INR)

Maldivian Ruffiya (MVR)

1 INR

0.162311 MVR

5 INR

0.811557 MVR

10 INR

1.62 MVR

20 INR

3.25 MVR

50 INR

8.12 MVR

100 INR

16.23 MVR

500 INR

81.16 MVR

1000 INR

162.31 MVR

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Live Exchange Rates Book your forex order at real-time foreign currency rates; no exceptions, no surprises.
No Hidden Charges Interbank-linked rates, zero hidden charges, lowest rate guarantee
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Competitive Buy and Sell Rates Better rates than airports, banks and other money changers in India; no haggling with local vendors.
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How to Convert Currency with BookMyForex

BookMyForex makes it incredibly simple to convert currency online in India. Just follow these 4 steps:

Select Currency to Convert
Select your city, choose the currency and product, then enter the amount you want.
Enter Travel Details
Enter your details including travel destination, dates, and purpose of visit.
Submit Documents
Upload your documents such as passport, visa, air ticket, and PAN card.
Book Your Order
Choose your delivery address and make the payment to book your order.

MVR to INR Rate Today

Unlike generic converters that only show interbank rates, BookMyForex provides real customer transaction rates for currency notes, forex cards and international transfers.

Conversion is calculated using the lowest MVR buying and highest MVR selling rates across India. See the most accurate MVR to INR rates below:

Live Maldivian Rufiyaa Exchange Rates

Live Rates

Maldivian Rufiyaa Interbank Rate

6.15 INR

Maldivian Rufiyaa Forex Card Buy Rate

6.16 INR

Maldivian Rufiyaa Currency Buy Rate

7.10 INR

Maldivian Rufiyaa Currency Sell Rate

N/A

Maldivian Rufiyaa TT Remit Rate

N/A

SEE FULL RATE CARD

Maldivian Rufiyaa Exchange Rate Today in Major Indian Cities

City

Reload/Buy Forex Card

Buy Currency Note

Sell Currency Note

International Money Transfer

1 MVR Rate in Delhi

6.16 INR

7.10 INR

N/A

1 MVR Rate in Mumbai

6.16 INR

6.00 INR

4.50 INR

N/A

1 MVR Rate in Bangalore

6.16 INR

6.55 INR

N/A

1 MVR Rate in Chennai

6.16 INR

7.05 INR

N/A

1 MVR Rate in Hyderabad

6.16 INR

N/A

1 MVR Rate in Kolkata

6.16 INR

6.90 INR

N/A

1 MVR Rate in Pune

6.16 INR

6.70 INR

3.80 INR

N/A

1 MVR Rate in Ahmedabad

N/A

1 MVR Rate in Noida

6.16 INR

7.10 INR

N/A

1 MVR Rate in Gurugram / Gurgaon

6.16 INR

6.77 INR

4.40 INR

N/A

1 MVR Rate in Kochi/ Ernakulam/ Cochin

6.22 INR

N/A

BookMyForex Currency Conversion Statistics

Recent activity

USD 5,500 sent to Afghanistan from Bangalore for investment in foreign equities
USD 4,750 sent to United States of America (USA) from Pune for education fees
USD 1,200 loaded into forex card from Delhi
GBP 1,670 currency notes sold from Delhi
SGD ▼ weakened by 1.3% against Indian Rupee (vs yesterday, 13 Nov 2026)
MYR ▼ weakened by 0.5% against Indian Rupee (vs last week, 7–13 Nov 2026)

Source: Indicative transaction trends

MVR to INR Chart - Maldivian Rufiyaa Rate Trend

Maldivian Rufiyaa exchange rates move every second, making it difficult to know the right time to convert. Instead of constantly tracking prices, freeze MVR rate for up to 3 days by paying a refundable advance deposit of 2% on the total amount.

What Moves the MVR to INR Rate?

The Maldivian rufiyaa is held inside a band against the US dollar, with a central rate of 12.85 and an upper limit of 15.42. Persistent dollar shortages have kept it sitting at the weak end of that band. The chart above shows how the rate behaved over the past year.

The Dollar Band The Maldives Monetary Authority sets the official rate within a fixed band. Because it trades at the weak edge, this pair moves almost entirely with the dollar rupee rate.
Tourism Dollar Earnings Resorts price and settle in dollars, and tourism is effectively the whole economy. How much of that revenue reaches the local banking system determines how tight the market feels.
Foreign Currency Conversion Rules The central bank requires tourism businesses to convert a portion of their foreign earnings into rufiyaa through local banks. Changes to those rules directly affect local dollar supply.
Reserves and the Import Bill The Maldives imports nearly everything, including fuel and food. Low reserves against a heavy import bill are the root of the recurring dollar shortage.
The Parallel Market Because official dollars are scarce, an unofficial market operates at weaker rates. The gap between the two is a useful signal of underlying pressure.
Indian Visitor and Credit Flows India is a major source of tourists and has extended financial support to the Maldives. Both affect the availability of foreign currency on the islands.

BookMyForex Currency Converter Testimonials

Ayush JaiswalLucknow, Uttar Pradesh

I had to travel from Delhi to Lucknow last minute, but my forex card was scheduled for Delhi delivery. The customer service team seamlessly rerouted it to Lucknow.

Ashish RanaNoida, Uttar Pradesh

BookMyForex is highly recommended for anyone needing quick and reliable currency exchange at their doorstep, especially in urgent situations.

Shani SarojGurugram, Haryana

BookMyForex's exchange rates are among the best in the market, with complete transparency and no hidden charges.

Lalita YadavGurugram, Haryana

BookMyForex offers a smooth and hassle-free forex exchange experience. Their customer support is responsive, and overall it's a reliable platform for forex services.

Pritam SadhukhanPune, Maharashtra

Great experience with BMF. Got my forex card and currencies within 12 hours. Heard about them from a friend, and they delivered super quick. Will definitely recommend!

Jayesh NemaKolkata, West Bengal

My forex request was expedited and processed within just one day, which was truly impressive. It's rare to see such prompt service and genuine customer focus.

Dev MathuliMumbai, Maharashtra

What stood out most was the lightning-fast delivery, my card arrived much earlier than expected! Loading foreign currency was easy, and the exchange rates were very competitive.

Aashish AroraNoida, Uttar Pradesh

Bookmyforex is the only platform for my travel currency needs. I have been using this for about 8-9 years and the service is really good. The delivery of the cards/notes is very smooth and quick.

Vaibhav DalviMumbai, Maharashtra

Booked it last night, got the delivery before mid-day today. Have never seen a better delivery than this before!

Malika Galib ShahNew Delhi, Delhi

The delivery partner was very helpful and accommodative. I wasn't in town but he called to ensure that he delivers the card as soon as I'm in my designated location. No fuss at all.

Saksham Jha

Smooth, Hassle-free Process and Support

Shashwat Gupta

Seamless Service and Support

Disha Jain

Lowest Exchange Rates, Excellent Service and Staff Support

Dipendu Das

Friendly Staff, On-time Delivery, Best Forex Rates, Back-up Card, Simple Online Process, After Sales Service

BookMyForex Media Mentions

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Frequently Asked Questions (FAQs) About MVR to INR Currency Conversion

What does the MVR to INR rate on this page mean?

It shows how many Indian Rupees one unit of Maldivian Rufiyaa is currently worth for different products offered by BookMyForex. It is different from the interbank or mid-market rate. An interbank rate is the wholesale rate banks use to trade with each other, and it is the reference point that every retail product rate is built from. Enter any amount in the converter above to see its rupee value depending on the product selected. You can also see the interbank rates on our page.

Will I get the exact interbank rate if I exchange Maldivian Rufiyaa today?

Not exactly. The interbank rate is a reference, not a retail rate. The rate you actually receive depends on whether you are buying or selling MVR, which city you are in, and how much you are exchanging. Switch the converter to buying or selling rates for a closer estimate, and check the final rate on the order screen before you confirm.

Why does the MVR to INR rate change throughout the day?

Maldivian Rufiyaa and the Rupee both trade continuously on global markets, so the pair reprices all day. Interest rate announcements, inflation data, oil prices, trade balances and central bank intervention all push the rate in one direction or the other. Rates on this page refresh frequently to stay current.

Can I sell leftover Maldivian Rufiyaa and get Rupees?

Yes, for currencies BookMyForex deals in. You can sell unused foreign currency notes back and receive Rupees in your bank account. Select your city and choose the sell option to see the live selling rate. A few less-traded currencies are not accepted for encashment, so confirm availability for Maldivian Rufiyaa in your city before booking.

Is there a time limit for converting unspent Maldivian Rufiyaa back to Rupees?

Yes. Under RBI rules, a resident returning from a trip abroad must surrender unspent foreign exchange to an authorised dealer within 180 days of returning to India. You may retain foreign currency notes and travellers cheques worth up to USD 2,000 or the equivalent beyond that period. Anything above that should be encashed within the 180-day window.

Is TCS charged when I convert MVR to INR?

No. TCS applies to outward transactions under the Liberalised Remittance Scheme, such as buying foreign currency or remitting money abroad. Selling foreign currency and receiving Rupees is an inward conversion, so no TCS is collected.

What documents do I need to sell MVR notes?

Selling needs fewer documents than buying. You usually need only your passport and PAN card, with no air ticket or Outward Remittance Application (A2 cum LRS Declaration). If you brought a large amount of cash into India, you may also need the Currency Declaration Form you filed with customs on arrival. That applies if your notes alone came to more than USD 5,000, or your notes and travellers cheques together came to more than USD 10,000.

How will I get paid when I sell Maldivian Rufiyaa?

You are paid once your notes have been verified and the order is processed. Bank transfer is the standard route, so keep your account details ready at checkout. Cash payout is possible in some cases but is subject to regulatory limits, so confirm what applies to your amount before you book.

What if my leftover MVR is on a forex card?

There is no need to sell it. A BookMyForex forex card balance never expires, so you can keep it for your next international trip. You can also unload the balance free of charge, and the amount is refunded to your bank account within 4 to 5 working days. Bank transfer is the only unload route.

Can I lock the rate before I sell Maldivian Rufiyaa?

Yes. The rate lock facility holds your rate for up to three working days. It needs a refundable deposit of 2% of the order value, which you get back in full when the order is complete. It is useful if you expect the rupee to strengthen before you can hand over your notes.

What if my passport was issued in a foreign country? Will I be treated as an Indian resident?

Yes, if you can confirm and provide evidence of residing in India for more than 182 days in the preceding financial year. You will be asked to submit all pages of your passport to validate your immigration stamps and timeline.