VUV 1 = MVR 0.12322
Convert1 VUV = 0.12322 MVR | 1 MVR = 8.11557 VUV
Last Updated Apr 9, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
VUV to MVR Exchange Rate Chart
1 VUV = 0.12322 MVR
The exchange value of 1 VUV in Maldivian Rufiyaa is 0.123 MVR as on Apr 9.
You can check the exchange rate of 1 Vanuatu Vatu to Maldivian Rufiyaa by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 1 VUV to MVR online is as follows:.
There are several online ways to convert VUV to MVR.
Most banks in India allow VUV to MVR conversion through their internet banking or mobile apps.
Pros:
Cons:
Apps like Wise, PayPal, and Western Union allow VUV to MVR conversion quickly.
Pros:
Cons:
A Forex card is a prepaid card that holds multiple currencies, including VUV.
Pros:
Cons:
Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
Pros:
Cons:
There are several offline methods to exchange VUV to MVR. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your VUV cash and exchange it for MVR.
Pros:
Cons:
Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline VUV to MVR conversion.
Pros:
Cons:
Airports have forex counters where travelers can exchange VUV to MVR.
Pros:
Cons:
Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange VUV to MVR at a Hotel or Travel Agency:
Pros:
Cons:
In busy markets and tourist spots, you may find local money changers who exchange VUV for MVR
Pros:
Cons:
Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
---|---|---|---|---|
Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Vanuatu Vatu (VUV) to Maldivian Rufiyaa (MVR) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
VUV is a strong and widely traded currency. If the exchange rate is favorable, converting VUV to MVR can give you more value for your money.
Since 1 VUV equals a significantly higher amount in MVR, converting VUV to MVR increases your purchasing power, allowing you to afford more goods and services in Maldives (Maldive Islands).
If you‘re an NRI, tourist, or returning from the Vanuatu, converting VUV to MVR ensures you have local currency for daily expenses, shopping, and travel within Maldives (Maldive Islands).
Converting VUV to MVR can help you invest in Maldives (Maldive Islands) assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Vanuatu markets.
Using a direct VUV to MVR conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting VUV to MVR at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of VUV to MVR exchange.
Source of the rates:apilayer.com