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Compare today's XOF to MWK (CFA Franc BCEAO to Malawian Kwacha) exchange rates

Republic of Congo
Malawi
XOF

Interbank Exchange Rate: 1 XOF = 3.1188 MWK
Updated about 1 hours ago

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All you need to know about CFA Franc BCEAO to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Republic of Congo to Malawi. Send money overseas to your loved ones by comparing CFA Franc BCEAO (XOF) 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 Republic of Congo.

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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 XOF to MWK Conversion Rates

Here are some latest XOF to MWK (CFA Franc BCEAO to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 XOF3.12 MWK
5 XOF15.59 MWK
10 XOF31.19 MWK
25 XOF77.97 MWK
50 XOF155.94 MWK
100 XOF311.88 MWK
150 XOF467.82 MWK
200 XOF623.76 MWK
250 XOF779.70 MWK
300 XOF935.64 MWK
400 XOF1,247.52 MWK
500 XOF1,559.40 MWK
600 XOF1,871.28 MWK
700 XOF2,183.16 MWK
800 XOF2,495.04 MWK
1,000 XOF3,118.80 MWK
1,500 XOF4,678.20 MWK
2,000 XOF6,237.60 MWK
2,500 XOF7,797.00 MWK
3,000 XOF9,356.40 MWK
4,000 XOF12,475.20 MWK
5,000 XOF15,594.00 MWK
10,000 XOF31,188.00 MWK
15,000 XOF46,782.00 MWK
20,000 XOF62,376.00 MWK
30,000 XOF93,564.00 MWK
40,000 XOF124,752.00 MWK
50,000 XOF155,940.00 MWK
100,000 XOF311,880.00 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 Congo?

It can be very confusing when sending money from Congo to Malawi given so many choices. Additionally, CFA Franc BCEAO 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 Congo 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 Congo. 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 CFA Franc BCEAO to Malawian Kwacha remittances.


How to get the best exchange rate for your money transfers from Congo 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 Congo. 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 XOF 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 Congo 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 transfer money from Congo to Malawi?

The final amount your recipient gets when you send XOF 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 Congo 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 CFA Franc BCEAO 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 Congo to Malawi through a bank?

We do not recommend using your local bank in Congo for your next XOF 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 Congo 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 Congo 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 from Congo to Malawi fast?

It could be a stressful experience if you need to rush money quickly from Congo 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 XOF 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 Congo to Malawi money transfers.


Which are the best money transfer companies to send money from Congo to Malawi?

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Congo to Malawi, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best CFA Franc BCEAO to Malawian Kwacha exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MWK money transfers to Malawi. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Malawi getting more money for every CFA Franc BCEAO you send.


Step by step guide to send money from Congo to Malawi

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Congo to Malawi, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Congo to Malawi that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Malawi where they can receive monies in Malawian Kwacha.
  • Then, provide details of your Congo bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your XOF travel to another part of the globe.