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

Compare today's ETB to MWK (Ethiopian Birr to Malawian Kwacha) exchange rates

Ethiopia
Malawi
ETB

Interbank Exchange Rate: 1 ETB = 11.1924 MWK
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Ethiopian Birr to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Ethiopia to Malawi. Send money overseas to your loved ones by comparing Ethiopian Birr (ETB) 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 Ethiopia.

Were you looking to send money from Malawi to Ethiopia 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 ETB to MWK Conversion Rates

Here are some latest ETB to MWK (Ethiopian Birr to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 ETB11.19 MWK
5 ETB55.96 MWK
10 ETB111.92 MWK
25 ETB279.81 MWK
50 ETB559.62 MWK
100 ETB1,119.24 MWK
150 ETB1,678.86 MWK
200 ETB2,238.48 MWK
250 ETB2,798.10 MWK
300 ETB3,357.72 MWK
400 ETB4,476.96 MWK
500 ETB5,596.20 MWK
600 ETB6,715.44 MWK
700 ETB7,834.68 MWK
800 ETB8,953.92 MWK
1,000 ETB11,192.40 MWK
1,500 ETB16,788.60 MWK
2,000 ETB22,384.80 MWK
2,500 ETB27,981.00 MWK
3,000 ETB33,577.20 MWK
4,000 ETB44,769.60 MWK
5,000 ETB55,962.00 MWK
10,000 ETB111,924.00 MWK
15,000 ETB167,886.00 MWK
20,000 ETB223,848.00 MWK
30,000 ETB335,772.00 MWK
40,000 ETB447,696.00 MWK
50,000 ETB559,620.00 MWK
100,000 ETB1,119,240.00 MWK

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


What's the best way to do Ethiopia to Malawi money transfers?

There are many good choices when it comes to sending money from Ethiopia to Malawi. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Ethiopian Birr to MWK money transfers.

We compare different remittance companies to bring you the best options to send money to Malawi from Ethiopia. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Ethiopian Birr to Malawian Kwacha money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Ethiopia to Malawi?

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 Ethiopia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your ETB 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 ETB 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 to transfer money from Ethiopia to Malawi?

One of the most important things to watch out for is hidden fees when sending money to Malawi from Ethiopia. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Malawi using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malawian Kwacha foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best ETB to Malawi exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.

Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Malawi from Ethiopia.


Should I use my bank to transfer money from Ethiopia to Malawi?

Big banks in Ethiopia are known to make a lot of money by charging high fees on Malawi money transfers from Ethiopia. Do not get ripped off by paying exorbitant transaction fees on your next overseas funds transfer. Look out for more options so you can compare your bank's offer with others out there.

In addition to charging higher than average fees, banks are also notorious for giving you a ETB to MWK exchange rate that may not be the best compared to other options at your disposal. You can use RemitFinder to compare numerous money transfer operators with your bank's proposal so you can see what is the cheapest option to send money to Malawi. With our live comparison tool, you can easily compare many good options in one glance.

Do not let the convenience of using your local bank prevent you from doing full due diligence on the best and cheapest ways to send money from Ethiopia to Malawi. You work hard for your money, so you should also ensure you get the maximum yield when you send MWK overseas.


What is the fastest way to do a money transfer to Malawi from Ethiopia?

The first thing to do when you need to convert ETB to MWK quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Ethiopian Birr and Malawian Kwacha. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Ethiopia to Malawi remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Malawi.


Which are the best money transfer companies to send money from Ethiopia 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 Ethiopia 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 Ethiopian Birr 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 Ethiopian Birr you send.


Step by step guide to send money to Malawi from Ethiopia

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

  • 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 Ethiopia 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 ETB 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.