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Foreign Exchange Guide to Malawi

This currency guide to Malawi helps you choose the best way to save money on MWK transfers and travel money.    [USD/MWK=732.5]

 
Malawi
Country Code:
MW
Domestic Currency:
Malawian Kwacha
Symbol - Code:
MK MWK
Telephone Prefix:
+265

This is a foreign exchange guide to Malawi, the Malawian Kwacha currency plus sending MWK transfers and travel tips.

In this Malawi currency guide we take a look at :

  1. Malawian Kwacha info - general info about the Malawian Kwacha
  2. Malawian Kwacha in the markets - recent MWK moves and predictions from the FX markets
  3. Travelling in Malawi - currency & money saving tips
  4. Buying Malawian Kwacha cash online - travel money for Malawi
  5. Sending money to Malawi - save on Malawian Kwacha bank transfers to Malawi
  6. Malawian Kwacha exchange rates - latest & historic exchange rates.

Malawian Kwacha (MWK) general currency information


What is the Malawian Kwacha currency code and symbol?

The three letter currency code for the Malawian Kwacha is MWK and the symbol is MK.


Which countries use the Malawian Kwacha?

It is the domestic currency in Malawi.


Malawian Kwacha (MWK) in the markets

The interactive chart below shows the USD to MWK exchange rate and trend for the previous 3 months:

At 732.5 USD/MWK was trading near its 90 day average 733.57 with range 765.5 to 718.96. There are currently no alerts. Updated: 08:50-AEDT 22:50-BST 17:50-EDT

Travel, Currency and Money saving tips for Malawi

 

Travel money for Malawi

 

Save money and time by Ordering your Malawian Kwacha online from Travelex, you get better rates and can pick up the MWK cash locally or even on travel day at the airport.

Another popular option is to use a Pre-paid Travel Card. Your Debit/Credit Card provider will charge you 2% from market mid-rate, but your bank may also charge an extra 3% as an “Overseas Transaction Charge” plus “Overseas ATM” fees for withdrawing cash.

For card purchases if offered a choice of currencies always select to Pay in Malawian Kwacha otherwise you may get much worst exchange rates.

   

Malawi Trip Checklist    

 
  1. Compare MWK travel cash rates - probably why you are here!
  2. Search Hotel deals - Save on your accomodation in Malawi
  3. Lonely Planet - world's best travel guide (coupon and deals)

Sending money to Malawi

When searching around for information on how to get a good exchange rate when sending money to Malawi you need to start with finding out the latest Malawian Kwacha foreign-transfer exchange rate.

Then compare your bank's exchange rates to several licensed FX providers exchange rate and fees to see how much you can save (we make that calculation easy here).


Get a better deal for foreign transfers to Malawi

When sending money to Malawi it’s important to compare your bank’s rates & fees with those we have negotiated with our partner money transfer providers. To get a better deal you should follow these 4 simple steps :

  1. Open an account with a BER reviewed FX provider (id docs may be required)
  2. You specify the local or Malawian Kwacha amount you want to transfer
  3. Make a local currency domestic transfer for the requested amount to the provider's bank account in your country
  4. Once your funds are received by the provider the converted MWK amount will be transfered to the recipient account you specify in Malawi.

Use our Send to MWK calculator to compare the exchange rates of FX specialist providers rates versus your bank's standard rates you can hopefully save around 5% and maybe more - end result is more Malawian Kwacha deposited into the recipient bank account and less margins and fees kept by the banks!

   

Bank Transfers to Malawi

Compare Transfer Rates

 

MWK/USD - Malawian Kwacha to United States Dollar - Historical Rates

PeriodMWK/USDDate
1 Day0.00136114 Oct 2019
7 Day0.00136408 Oct 2019
30 Day0.00136315 Sep 2019
3 Month0.00130917 Jul 2019
1 Year0.00137515 Oct 2018
5 Year0.00232116 Oct 2014
10 Year0.00709117 Oct 2009

MWK/EUR - Malawian Kwacha to Euro - Historical Rates

PeriodMWK/EURDate
1 Day0.00123514 Oct 2019
7 Day0.00124508 Oct 2019
30 Day0.00123015 Sep 2019
3 Month0.00116617 Jul 2019
1 Year0.00118715 Oct 2018
5 Year0.00181316 Oct 2014
10 Year0.00476417 Oct 2009

MWK/GBP - Malawian Kwacha to British Pound Sterling - 10 Year History

PeriodMWK/GBPDate
1 Day0.00108014 Oct 2019
7 Day0.00111708 Oct 2019
30 Day0.00109115 Sep 2019
3 Month0.00105317 Jul 2019
1 Year0.00104515 Oct 2018
5 Year0.00144416 Oct 2014
10 Year0.00434217 Oct 2009

MWK/AUD - Malawian Kwacha to Australian Dollar - Historical Rates

PeriodMWK/AUDDate
1 Day0.00200914 Oct 2019
7 Day0.00202708 Oct 2019
30 Day0.00198215 Sep 2019
3 Month0.00186817 Jul 2019
1 Year0.00192715 Oct 2018
5 Year0.00265316 Oct 2014
10 Year0.00773517 Oct 2009

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