Send money overseas with WorldRemit to take advantage of bank-beating exchange rates

Compare today's CAD to MWK (Canadian Dollar to Malawian Kwacha) exchange rates

Canada
Malawi
CAD
Interbank Exchange Rate: 1 CAD = 1,234.2424 MWK
Updated about an hour ago

Found 6 Remittance Service Providers

(*)(*)(*)(*)( )
1000 CAD =
1 724 776.40 MWK
Transfer Limit (CAD): No Limits
Locked-In Rate1 CAD = 1,724.7764 MWK

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 CAD =
1 268 756.20 MWK
Transfer Limit (CAD): No Limits
Locked-In Rate1 CAD = 1,268.7562 MWK
(*)(*)(*)(*)( )
1000 CAD =
1 260 250.00 MWK
Transfer Limit (CAD): 0 - 20000
Locked-In Rate1 CAD = 1,260.2500 MWK

📢 Special exchange rate applied for first transfer
(*)(*)(*)( )( )
1000 CAD =
1 220 500.00 MWK
Transfer Limit (CAD): No Limits
Indicative Rate1 CAD = 1,220.5000 MWK

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 CAD =
1 215 561.90 MWK
Transfer Limit (CAD): No Limits
Indicative Rate1 CAD = 1,215.5619 MWK

📢 B2B transfers only
(*)(*)(*)(*)(*)
1000 CAD =
1 198 460.00 MWK
Transfer Limit (CAD): 1 - 2999
Locked-In Rate1 CAD = 1,198.4600 MWK
2 Remit Service Providers did not match the search criteria.
(*)(*)( )( )( )
1000 CAD =
2 834 295.30 MWK
Transfer Limit (CAD): 10 - 264.616
Indicative Rate1 CAD = 2,834.2953 MWK
( )( )( )( )( )
1000 CAD =
2 834 295.30 MWK
Transfer Limit (CAD): 10 - 264.616
Indicative Rate1 CAD = 2,834.2953 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 Canadian Dollar to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Canada to Malawi. Send money overseas to your loved ones by comparing Canadian Dollar (CAD) 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 Canada to Malawi.

The best rate to send Malawian Kwacha from Canadian Dollar to your loved ones in Malawi is currently offered by WorldRemit; their 1 CAD to MWK exchange rate today is 1,724.7764.

Western Union offers the next most competitive Canadian Dollar to Malawian Kwacha exchange rate today (currently 1 CAD = 1,268.7562 MWK).

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

Were you looking to send money from Malawi to Canada 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 CAD to MWK Conversion Rates

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

1 CAD1,234.24 MWK
5 CAD6,171.21 MWK
10 CAD12,342.42 MWK
25 CAD30,856.06 MWK
50 CAD61,712.12 MWK
100 CAD123,424.24 MWK
150 CAD185,136.36 MWK
200 CAD246,848.48 MWK
250 CAD308,560.60 MWK
300 CAD370,272.72 MWK
400 CAD493,696.96 MWK
500 CAD617,121.20 MWK
600 CAD740,545.44 MWK
700 CAD863,969.68 MWK
800 CAD987,393.92 MWK
1,000 CAD1,234,242.40 MWK
1,500 CAD1,851,363.60 MWK
2,000 CAD2,468,484.80 MWK
2,500 CAD3,085,606.00 MWK
3,000 CAD3,702,727.20 MWK
4,000 CAD4,936,969.60 MWK
5,000 CAD6,171,212.00 MWK
10,000 CAD12,342,424.00 MWK
15,000 CAD18,513,636.00 MWK
20,000 CAD24,684,848.00 MWK
30,000 CAD37,027,272.00 MWK
40,000 CAD49,369,696.00 MWK
50,000 CAD61,712,120.00 MWK
100,000 CAD123,424,240.00 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 Canada to Malawi?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Canada to Malawi. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Canadian Dollar to MWK.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send CAD to MWK in Malawi. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Malawi from Canada. We provide you with maximum choices to send money to Malawi by comparing competing money transfer companies thereby making you the winner in the end.


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

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Canada to Malawi transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your CAD to Malawian Kwacha international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Canadian Dollar to Malawian Kwacha exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


What's the cheapest way to transfer money from Canada to Malawi?

Finding the cheapest way to send money from Canada 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 CAD 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 Canada 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 Canada through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Canada to Malawi. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the CAD to MWK exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Canada bank for your Malawi money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


How to send money to Malawi from Canada fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Canada to Malawi. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.

To help you convert CAD to MWK fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.

If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Canadian Dollar amount reaching Malawi. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.

Hopefully, you do not find yourself in a crisis where you have to rush Malawian Kwacha quickly to Malawi, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.


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

Comparing money transfer companies for sending money to Malawi from Canada can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Malawi. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Canadian Dollar to Malawian Kwacha transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Malawian Kwacha yield on every Canadian Dollar that you send.


Step by step guide to do a money transfer from Canada to Malawi

The first step to send money to Malawi from Canada is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your CAD to MWK overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in Malawi if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Canada bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Malawi!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Canada to Malawi.