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’.
Compare Exchange Rates & Fees - Save Time & Money
Sending money to North Korea can be an expensive business, more so if you aren’t even aware of all the hidden fees. Money transfer companies and banks profit by charging you fees and a normally hidden margin on the exchange rate.
Using your Bank to make international wire transfers to India can be especially expensive – often 5% to 10% worse than using a foreign exchange specialist to send to North Korea bank accounts or pay a North Korean won invoice.
MWK to KPW Market Data
Malawian kwacha (MWK) to North Korean won (KPW) market data - latest interbank exchange rate, trend, chart & historic rates.
Sell MWK →
Buy KPW
1 MWK = 0.5183 KPW
▼-0.3% since yesterday
30d-lows
MWK to KPW is at 30-day lows near 0.5183, near its 3-month average, having traded in a stable 1.7% range from 0.5158 to 0.5246
Is the MWK to KPW 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 Malawian kwacha against the North Korean won is to review how the MWK/KPW rate has changed over time.
The table below shows the percentage change in the MWK to KPW exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
Date
MWK/KPW
Period
14 Jun 2025
0.5184
2 Week
30 Mar 2025
0.5246
3 Month
28 Jun 2024
0.5189
1 Year
29 Jun 2020
1.2193
5 Year
01 Jul 2015
2.0374
10 Year
03 Jul 2005
0.0179
20 Year
MWK/KPW historic rates
MWK to KPW 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 Malawian kwacha are worth in North Korean won across a range of amounts.
This gives a quick view of what you’d get when converting different MWK amounts at today’s rate * :
What is the
best Send Money conversion rate for MWK to KPW?
The best MWK to KPW exchange rate is 0.5105 from WorldRemit. This is -1.5% compared to the mid-market rate 0.5183.
As exchange rates can vary
significantly between banks and also between currency exchange providers,
it's therefore important to carefully compare
Malawian kwacha (MWK) to North Korean won (KPW) rates from different sources before making a conversion.
The above
Kwacha to Won 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 MWK-KPW mid-rate and the possible savings of using various providers.
How do MWK-KPW rates compare between providers?
Looking at the full
MWK to KPW - Send Money comparison table the provider with the best MWK to KPW exchange rate is WorldRemit at 0.5105, -1.5% from the latest mid-market rate 0.5183.
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.
View a full list of exchange rates by selecting your Base (from) currency: