Is the AUD to MWK Exchange Rate Likely to Improve?
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the Australian dollar against the Malawian kwacha is to review how the AUD/MWK rate has changed over time.
The table below shows the percentage change in the AUD to MWK exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date | AUD/MWK | Change | Period |
---|
07 Jul 2023 | 700.77 | 0.9% ▲ | 2 Week |
22 Apr 2023 | 687.60 | 2.8% ▲ | 3 Month |
21 Jul 2022 | 710.69 | 0.5% ▼ | 1 Year |
22 Jul 2018 | 539.91 | 30.9% ▲ | 5 Year |
23 Jul 2013 | 303.17 | 133.2% ▲ | 10 Year |
26 Jul 2003 | 59.37 | 1090.8% ▲ | 20 Year |
AUD/MWK historic rates & change to 21-Jul-2023
AUD to MWK Conversion: What Is Your Money Worth?
To help you understand the real-world value of the current exchange rate, the table below shows how much Australian dollar are worth in Malawian kwacha across a range of amounts.
This gives a quick view of what you’d get when converting different AUD amounts at today’s rate * :
*Converted at the current AUD-MWK interbank exchange rate.
Calculate actual payout amounts for
Send Money
and
Travel Money
exchange rates.
What is the
best Send Money conversion rate for AUD to MWK?
The best AUD to MWK exchange rate is 1143.53 from XE.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Australian dollar (AUD) to Malawian kwacha (MWK) rates from different sources before making a conversion.
The above
Aussie to Kwacha comparison table
makes it easy to compare the Total Fees (both variable and fixed) you are being charged by
banks and other foreign exchange providers against the latest AUD-MWK mid-rate and the possible savings of using various providers.
How do AUD-MWK rates compare between providers?
Looking at the full
AUD to MWK - Send Money comparison table the provider with the best AUD to MWK exchange rate is XE at 1143.53.
The next best is Wise at 1142.95.
Then WorldRemit at -10.5393, .
It's important to note that exchange rates also fluctuate frequently due to market conditions. Additionally,
banks and foreign exchange providers often apply a margin to the exchange rate, resulting in a less favorable rate for customers compared to the mid-market rate.
For more competitive rates, you might consider using a specialized currency exchange service
or platforms that offer rates closer to the mid-market rate.
Compare AUD to MWK Transfer Rates