The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
INR to MWK Market Data
Indian rupee (INR) to Malawian kwacha (MWK) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell INR →
Buy MWK
1 INR = 20.20 MWK
▼-0.1% since yesterday
INR to MWK at 20.23 is just below its 3-month average, having traded in a very stable 3.3% range from 19.99 to 20.65
Is the INR 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 Indian rupee against the Malawian kwacha is to review how the INR/MWK rate has changed over time.
The table below shows the percentage change in the INR to MWK exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
INR/MWK
Period
28 Jun 2025
20.31
2 Week
13 Apr 2025
20.13
3 Month
12 Jul 2024
20.73
1 Year
13 Jul 2020
9.7715
5 Year
15 Jul 2015
7.1923
10 Year
17 Jul 2005
2.8357
20 Year
INR/MWK historic rates
INR 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 Indian rupee are worth in Malawian kwacha across a range of amounts.
This gives a quick view of what you’d get when converting different INR amounts at today’s rate * :
What is the
best Send Money conversion rate for INR to MWK?
The best INR to MWK exchange rate is 19.95 from Wise. This is -1.2% compared to the mid-market rate 20.20.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Indian rupee (INR) to Malawian kwacha (MWK) rates from different sources before making a conversion.
The above
Rupee 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 INR-MWK mid-rate and the possible savings of using various providers.
How do INR-MWK rates compare between providers?
Looking at the full
INR to MWK - Send Money comparison table the provider with the best INR to MWK exchange rate is Wise at 19.95, -1.2% from the latest mid-market rate 20.20.
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.