1 SGD to MVR - Convert Singapore Dollar to Maldivian Rufiyaa

Looking at the 30-day window, the SGD/MVR pair traded in a range of 11.7476 to 12.4541. The monthly average was 12.0506 with 1.59% volatility. This upward movement of 2.4% suggests significant momentum in the SGD/MVR exchange rate.

The current mid-market exchange rate is 1 SGD = 11.9453 MVR, updated as of July 3, 2026, 10:52 PM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Singapore Dollar to Maldivian Rufiyaa Exchange Rate

The SGD/MVR exchange rate tells you how many Maldivian Rufiyaa (MVR) you receive for every Singapore Dollar (SGD). At the current mid-market rate of 1 SGD = 11.9453 MVR, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

How to Get the Best SGD to MVR Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Historical SGD/MVR Trends

The SGD/MVR exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Sending Money from SGD to MVR

International money transfers from Singapore Dollar to Maldivian Rufiyaa can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Singapore Dollar Overview

The Singapore Dollar (SGD) is the official currency of Singapore, managed by the Monetary Authority of Singapore through a trade-weighted band system. It reflects one of Asia's strongest and most stable economies. Understanding the fundamentals behind SGD helps contextualize its exchange rate movements against MVR and other currencies.