Loading...

Home pages - full list (A-Z)

USD to MWK - Compare Exchange Rates

United States 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.

 

USD to MWK interbank exchange rate = 728.5275

Right now the USD/MWK interbank exchange rate is 728.5275. 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 United States Dollar.

This USD/MWK Converter calculates equivalent United States 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.

USD / MWK converter & margin calculator


$USD
MKMWK
Mid-rates:
 

Foreign Transfers Travel Money

Sending USD->MWK we recommend:

WorldRemit WorldRemit

1 Week USD to MWK
Loading USD/MWK rates

United States Dollar

Malawian Kwacha

1 USD 728.53 MWK
5 USD 3,642.64 MWK
10 USD 7,285.28 MWK
20 USD 14,570.55 MWK
50 USD 36,426.38 MWK
100 USD 72,852.75 MWK
250 USD 182,131.88 MWK
500 USD 364,263.75 MWK
1,000 USD 728,527.50 MWK
2,000 USD 1,457,055.00 MWK
5,000 USD 3,642,637.50 MWK
10,000 USD 7,285,275.00 MWK
50,000 USD 36,426,375.00 MWK
100,000 USD 72,852,750.00 MWK
See more

United States Dollar

Malawian Kwacha

0.0014 USD 1 MWK
0.0069 USD 5 MWK
0.0137 USD 10 MWK
0.0275 USD 20 MWK
0.0687 USD 50 MWK
0.1373 USD 100 MWK
0.3433 USD 250 MWK
0.6865 USD 500 MWK
1.3730 USD 1,000 MWK
2.7460 USD 2,000 MWK
6.8650 USD 5,000 MWK
13.73 USD 10,000 MWK
68.65 USD 50,000 MWK
137.30 USD 100,000 MWK
See more

MWK Country Guides
MalawiMalawi

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

The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.

DateExchange RatePeriodChange
23 Apr 2019728.5715Latest
16 Apr 2019728.11491 Week+0.06%
24 Mar 2019728.06041 Month+0.07%
25 Oct 2018727.29756 Months+0.18%
23 Apr 2018725.58001 Year+0.41%
23 Apr 2017724.59292 Years+0.55%
24 Apr 2014396.73765 Years+83.64%
25 Apr 2009141.527610 Years+414.79%

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

The USD/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 USD / 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 USD/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 USD to MWK exchange rate

  1. Know the latest USD/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 United States 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 USD vs MWK, you should pay attention to both United States Dollar and Malawian Kwacha news and forecasts.

United States Dollar (USD) - Market news and forecasts

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Malawian Kwacha (MWK) - Market news and forecasts

No recent Malawian Kwacha market updates.