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AUD to MWK - Compare Exchange Rates

Australian Dollar to Malawian Kwacha - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to MWK interbank exchange rate = 512.3517

Right now the AUD/MWK interbank exchange rate is 512.3517. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Malawian Kwacha to Australian Dollar.

This AUD/MWK Converter calculates equivalent Australian Dollar to Malawian Kwacha amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / MWK converter & margin calculator


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1 Week AUD to MWK
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Australian Dollar

Malawian Kwacha

1 AUD 512.35 MWK
5 AUD 2,561.76 MWK
10 AUD 5,123.52 MWK
20 AUD 10,247.03 MWK
50 AUD 25,617.59 MWK
100 AUD 51,235.17 MWK
250 AUD 128,087.93 MWK
500 AUD 256,175.85 MWK
1,000 AUD 512,351.70 MWK
2,000 AUD 1,024,703.40 MWK
5,000 AUD 2,561,758.50 MWK
10,000 AUD 5,123,517.00 MWK
50,000 AUD 25,617,585.00 MWK
100,000 AUD 51,235,170.00 MWK
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Australian Dollar

Malawian Kwacha

0.0020 AUD 1 MWK
0.0098 AUD 5 MWK
0.0195 AUD 10 MWK
0.0390 AUD 20 MWK
0.0976 AUD 50 MWK
0.1952 AUD 100 MWK
0.4880 AUD 250 MWK
0.9760 AUD 500 MWK
1.9520 AUD 1,000 MWK
3.9040 AUD 2,000 MWK
9.7600 AUD 5,000 MWK
19.52 AUD 10,000 MWK
97.60 AUD 50,000 MWK
195.20 AUD 100,000 MWK
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MWK Country Guides
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Australian Dollar to Malawian Kwacha (AUD-MWK) - 10 Year History

The below table shows the historic variation in the AUD/MWK exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Mar 2019514.9420Latest
12 Mar 2019514.60591 Week+0.07%
17 Feb 2019520.77041 Month-1.12%
20 Sep 2018529.70356 Months-2.79%
19 Mar 2018559.93611 Year-8.04%
19 Mar 2017558.79312 Years-7.85%
20 Mar 2014375.87845 Years+37%
21 Mar 200997.500810 Years+428.14%

Why can't I just get the AUD/MWK market rate I see on Google or in the Media?

The AUD/MWK mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / MWK was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/MWK midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to MWK exchange rate

  1. Know the latest AUD/MWK market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Malawian Kwacha

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs MWK, you should pay attention to both Australian Dollar and Malawian Kwacha news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Malawian Kwacha (MWK) - Market news and forecasts

No recent Malawian Kwacha market updates.

Currency News and Forecasts - Australian Dollar

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