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Compare today's DZD to MWK (Algerian Dinar to Malawian Kwacha) exchange rates

Algeria
Malawi
DZD

Interbank Exchange Rate: 1 DZD = 13.3702 MWK
Updated about an hour ago

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All you need to know about Algerian Dinar to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Algeria to Malawi. Send money overseas to your loved ones by comparing Algerian Dinar (DZD) to Malawian Kwacha (MWK) remittance exchange rates. Read remittance service provider reviews and check out deals, promotions and discounts. Transfer online or send cash based on services offered by these providers.

Looking for a different option? You can browse all sending countries on our send money from hub, or view all destinations available when sending money from Algeria.

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Latest DZD to MWK Conversion Rates

Here are some latest DZD to MWK (Algerian Dinar to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 DZD13.37 MWK
5 DZD66.85 MWK
10 DZD133.70 MWK
25 DZD334.26 MWK
50 DZD668.51 MWK
100 DZD1,337.02 MWK
150 DZD2,005.53 MWK
200 DZD2,674.04 MWK
250 DZD3,342.55 MWK
300 DZD4,011.06 MWK
400 DZD5,348.08 MWK
500 DZD6,685.10 MWK
600 DZD8,022.12 MWK
700 DZD9,359.14 MWK
800 DZD10,696.16 MWK
1,000 DZD13,370.20 MWK
1,500 DZD20,055.30 MWK
2,000 DZD26,740.40 MWK
2,500 DZD33,425.50 MWK
3,000 DZD40,110.60 MWK
4,000 DZD53,480.80 MWK
5,000 DZD66,851.00 MWK
10,000 DZD133,702.00 MWK
15,000 DZD200,553.00 MWK
20,000 DZD267,404.00 MWK
30,000 DZD401,106.00 MWK
40,000 DZD534,808.00 MWK
50,000 DZD668,510.00 MWK
100,000 DZD1,337,020.00 MWK

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to send money from Algeria to Malawi?

It can be very confusing when sending money from Algeria to Malawi given so many choices. Additionally, Algerian Dinar to MWK exchange rates fluctuate all the time. Remitfinder gives you the option to compare money transfers companies to choose the best exchange rate among this volatility while making the best deals and promotions available to you.

Choose Algeria to Malawi as your country combination and click search. We then compare many money transfer companies to bring you the best exchange rates to send money to Malawi from Algeria. In one single place, you can easily compare many providers to see which one is the best option for your next transfer.

To further help you maximize the return on your money, our partners add various promotions and discounts on our site. You can take advantage of various deals we have for Algerian Dinar to Malawian Kwacha remittances.


How to get the best rate to transfer money to Malawi from Algeria?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your DZD to Malawian Kwacha money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Algeria to Malawi. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for DZD to MWK remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way to send money to Malawi from Algeria?

Finding the cheapest way to send money from Algeria to Malawi might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer DZD to MWK via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Algeria to Malawi exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


How to send money to Malawi from Algeria through a bank?

We do not recommend using your local bank in Algeria for your next DZD to MWK overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Algeria to Malawi (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MWK to Malawi. These companies will let you use your local bank account in Algeria to pay for your Malawi money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money to Malawi from Algeria fast?

If you need to convert DZD to MWK as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Algeria to Malawi could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Algerian Dinar to Malawian Kwacha funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Malawi.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Algeria to Malawi. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


Which are the best money transfer companies to transfer money from Algeria to Malawi?

Algeria to Malawi money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Malawi as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Algerian Dinar to Malawian Kwacha money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money to Malawi from Algeria

Follow the below easy steps to send money to Malawi from Algeria.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Algeria bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Malawi).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your DZD to MWK remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.