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Foreign Exchange Guide to Malawi

Read this currency guide to Malawi with money transfer and travel tips.   [USD/MWK=728.495]

 
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 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 for the previous 3 months with rate alerts for days when the exchange rate moved up or down significantly or for 30 day highs and lows.


USD-MWK 3 Month chart
Loading USD/MWK Chart
USDMWK currency converter

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

 

Popular MWK cross rates


MWK/USD - Malawian Kwacha to United States Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.0013711 Week
18 Jan 20190.0013731 Month
21 Aug 20180.0013756 Months
17 Feb 20180.0013791 Year
17 Feb 20170.0013752 Years
18 Feb 20140.0023625 Years
19 Feb 20090.00711510 Years

MWK/EUR - Malawian Kwacha to Euro - 10 Year History

DateExchange RatePeriod
10 Feb 20190.0012101 Week
18 Jan 20190.0012071 Month
21 Aug 20180.0011886 Months
17 Feb 20180.0011111 Year
17 Feb 20170.0012952 Years
18 Feb 20140.0017165 Years
19 Feb 20090.00560910 Years

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

DateExchange RatePeriod
10 Feb 20190.0010601 Week
18 Jan 20190.0010661 Month
21 Aug 20180.0010656 Months
17 Feb 20180.0009831 Year
17 Feb 20170.0011082 Years
18 Feb 20140.0014165 Years
19 Feb 20090.00496110 Years

MWK/JPY - Malawian Kwacha to Japanese Yen - 10 Year History

DateExchange RatePeriod
10 Feb 20190.15051 Week
18 Jan 20190.15071 Month
21 Aug 20180.15146 Months
17 Feb 20180.14661 Year
17 Feb 20170.15522 Years
18 Feb 20140.24155 Years
19 Feb 20090.669110 Years

MWK/AUD - Malawian Kwacha to Australian Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.0019301 Week
18 Jan 20190.0019151 Month
21 Aug 20180.0018686 Months
17 Feb 20180.0017441 Year
17 Feb 20170.0017932 Years
18 Feb 20140.0026185 Years
19 Feb 20090.011010 Years

MWK/CAD - Malawian Kwacha to Canadian Dollar - 10 Year History

DateExchange RatePeriod
10 Feb 20190.0018201 Week
18 Jan 20190.0018201 Month
21 Aug 20180.0017926 Months
17 Feb 20180.0017311 Year
17 Feb 20170.0018002 Years
18 Feb 20140.0025875 Years
19 Feb 20090.00892110 Years

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