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

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

Cocos (Keeling) Islands
Malawi
AUD

Interbank Exchange Rate: 1 AUD = 1,213.8927 MWK
Updated about an hour ago

Found 1 Remittance Service Providers

XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 AUD =
1 196 960.00 MWK
Transfer Limit (AUD): No Limits
Indicative Rate1 AUD = 1,196.9600 MWK

📢 New! Cash pickup available

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 Cocos (Keeling) Islands 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 1 money transfer operators to get you the best FX rates to send money from Cocos (Keeling) Islands to Malawi.

The best rate to send Malawian Kwacha from Australian Dollar to your loved ones in Malawi is currently offered by XE Money Transfer; their 1 AUD to MWK exchange rate today is 1,196.9600.

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 Cocos (Keeling) Islands.

Were you looking to send money from Malawi to Cocos (Keeling) Islands instead?

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.

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.


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 AUD1,213.89 MWK
5 AUD6,069.46 MWK
10 AUD12,138.93 MWK
25 AUD30,347.32 MWK
50 AUD60,694.64 MWK
100 AUD121,389.27 MWK
150 AUD182,083.91 MWK
200 AUD242,778.54 MWK
250 AUD303,473.18 MWK
300 AUD364,167.81 MWK
400 AUD485,557.08 MWK
500 AUD606,946.35 MWK
600 AUD728,335.62 MWK
700 AUD849,724.89 MWK
800 AUD971,114.16 MWK
1,000 AUD1,213,892.70 MWK
1,500 AUD1,820,839.05 MWK
2,000 AUD2,427,785.40 MWK
2,500 AUD3,034,731.75 MWK
3,000 AUD3,641,678.10 MWK
4,000 AUD4,855,570.80 MWK
5,000 AUD6,069,463.50 MWK
10,000 AUD12,138,927.00 MWK
15,000 AUD18,208,390.50 MWK
20,000 AUD24,277,854.00 MWK
30,000 AUD36,416,781.00 MWK
40,000 AUD48,555,708.00 MWK
50,000 AUD60,694,635.00 MWK
100,000 AUD121,389,270.00 MWK

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


What's the best way to do Cocos (Keeling) Islands to Malawi money transfers?

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 Cocos (Keeling) Islands 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 Australian 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 AUD 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 Cocos (Keeling) Islands. 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 rate to transfer money to Malawi from Cocos (Keeling) Islands?

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Malawi from Cocos (Keeling) Islands.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your AUD to Malawian Kwacha remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for AUD to MWK remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


What's the cheapest way for transferring money to Malawi from Cocos (Keeling) Islands?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Cocos (Keeling) Islands to Malawi via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Australian Dollar to Malawian Kwacha remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Cocos (Keeling) Islands to Malawi exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for AUD to MWK remittances.


How to send money from Cocos (Keeling) Islands to Malawi through a bank?

We do not recommend using your local bank in Cocos (Keeling) Islands for your next AUD 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 Cocos (Keeling) Islands 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 Cocos (Keeling) Islands 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.


What is the fastest way to transfer money from Cocos (Keeling) Islands to Malawi?

It could be a stressful experience if you need to rush money quickly from Cocos (Keeling) Islands to Malawi. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert AUD to MWK. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malawian Kwacha. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your Cocos (Keeling) Islands to Malawi money transfers.


Which are the best money transfer companies to transfer money from Cocos (Keeling) Islands to Malawi?

Since the Australian Dollar to Malawian Kwacha money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Cocos (Keeling) Islands that may also be able to send money to Malawi. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your AUD to MWK money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Malawi gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Cocos (Keeling) Islands to Malawi transaction.


Step by step guide to transfer money to Malawi from Cocos (Keeling) Islands

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 Cocos (Keeling) Islands 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 Cocos (Keeling) Islands 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.