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Compare today's AUD to MWK (Australian Dollar to Malawian Kwacha) exchange rates

Australia
Malawi
AUD
Interbank Exchange Rate: 1 AUD = 1,137.1039 MWK
Updated about an hour ago

Found 6 Remittance Service Providers

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1000 AUD =
1 160 313.10 MWK
Transfer Limit (AUD): No Limits
Locked-In Rate1 AUD = 1,160.3131 MWK
(*)(*)(*)(*)( )
1000 AUD =
1 150 650.00 MWK
Transfer Limit (AUD): 0 - 20000
Locked-In Rate1 AUD = 1,150.6500 MWK

📢 Special exchange rate applied for first transfer
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1000 AUD =
1 146 729.90 MWK
Transfer Limit (AUD): 0 - 5000
Locked-In Rate1 AUD = 1,146.7299 MWK
(*)(*)(*)( )( )
1000 AUD =
1 128 080.00 MWK
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 1,128.0800 MWK

📢 New! Cash pickup available
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1000 AUD =
1 118 444.20 MWK
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 1,118.4442 MWK

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 AUD =
1 107 780.00 MWK
Transfer Limit (AUD): 1 - 20000
Locked-In Rate1 AUD = 1,107.7800 MWK

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Australian Dollar to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Australia to Malawi. Send money overseas to your loved ones by comparing Australian Dollar (AUD) 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.

RemitFinder compared 6 money transfer operators to get you the best FX rates to send money from Australia to Malawi.

The best rate to send Malawian Kwacha from Australian Dollar to your loved ones in Malawi is currently offered by Western Union; their 1 AUD to MWK exchange rate today is 1,160.3131.

Remitly offers the next most competitive Australian Dollar to Malawian Kwacha exchange rate today (currently 1 AUD = 1,150.6500 MWK).

Two other competitive providers for sending money from Australia to Malawi are MoneyGram and XE Money Transfer.

Were you looking to send money from Malawi to Australia instead?

Did not find the providers you were looking for? Please reach out to us at info@remitfinder.com, and we will do our best to add them to our platform.

If you need to send international business money transfers and payments, get in touch with us to see how we can help protect your revenue.


Latest AUD to MWK Conversion Rates

Here are some latest AUD to MWK (Australian Dollar to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 AUD1,137.10 MWK
5 AUD5,685.52 MWK
10 AUD11,371.04 MWK
25 AUD28,427.60 MWK
50 AUD56,855.20 MWK
100 AUD113,710.39 MWK
150 AUD170,565.59 MWK
200 AUD227,420.78 MWK
250 AUD284,275.98 MWK
300 AUD341,131.17 MWK
400 AUD454,841.56 MWK
500 AUD568,551.95 MWK
600 AUD682,262.34 MWK
700 AUD795,972.73 MWK
800 AUD909,683.12 MWK
1,000 AUD1,137,103.90 MWK
1,500 AUD1,705,655.85 MWK
2,000 AUD2,274,207.80 MWK
2,500 AUD2,842,759.75 MWK
3,000 AUD3,411,311.70 MWK
4,000 AUD4,548,415.60 MWK
5,000 AUD5,685,519.50 MWK
10,000 AUD11,371,039.00 MWK
15,000 AUD17,056,558.50 MWK
20,000 AUD22,742,078.00 MWK
30,000 AUD34,113,117.00 MWK
40,000 AUD45,484,156.00 MWK
50,000 AUD56,855,195.00 MWK
100,000 AUD113,710,390.00 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 to Malawi from Australia?

Sending money internationally to Malawi from Australia can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Australian Dollar to MWK remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Malawi. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malawian Kwacha.


How to get the best exchange rate for your money transfers from Australia to Malawi?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Malawi from Australia. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.

One way you could eliminate the manual work to search and compare providers for your AUD to Malawian Kwacha money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.

We are also constantly adding new partners for the Australia to Malawi corridor to give you more good choices for your next MWK money transfer. This way you do not miss out on additional options to potentially save more.


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

The final amount your recipient gets when you send AUD to MWK is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Australia to Malawi used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Malawian Kwacha is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Australian Dollar to Malawi exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


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

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low AUD to MWK exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Australia to Malawi money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Malawi from Australia. They do this by letting you fund your transaction through your local bank account in Australia, and by allowing you to choose the payout to be your recipient's bank account in Malawi. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money to Malawi from Australia fast?

The speed of your Australian Dollar to Malawian Kwacha funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.

We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert AUD to MWK. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.

One possible approach that will help you send money fast to Malawi from Australia is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Malawi if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.

One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout MWK into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Australia bank to Malawi bank transfer.


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

Australia 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 Australian Dollar 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 do a money transfer from Australia to Malawi

With so many possible ways to transfer Australian Dollar to Malawian Kwacha, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Australia to Malawi remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Australia and the receiver in Malawi. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your AUD to Malawian Kwacha money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.