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Compare today's GMD to MWK (Gambian Dalasi to Malawian Kwacha) exchange rates

Gambia
Malawi
GMD

Interbank Exchange Rate: 1 GMD = 23.5994 MWK
Updated about an hour ago

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All you need to know about Gambian Dalasi to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Gambia to Malawi. Send money overseas to your loved ones by comparing Gambian Dalasi (GMD) 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 Gambia.

Were you looking to send money from Malawi to Gambia 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 GMD to MWK Conversion Rates

Here are some latest GMD to MWK (Gambian Dalasi to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 GMD23.60 MWK
5 GMD118.00 MWK
10 GMD235.99 MWK
25 GMD589.99 MWK
50 GMD1,179.97 MWK
100 GMD2,359.94 MWK
150 GMD3,539.91 MWK
200 GMD4,719.88 MWK
250 GMD5,899.85 MWK
300 GMD7,079.82 MWK
400 GMD9,439.76 MWK
500 GMD11,799.70 MWK
600 GMD14,159.64 MWK
700 GMD16,519.58 MWK
800 GMD18,879.52 MWK
1,000 GMD23,599.40 MWK
1,500 GMD35,399.10 MWK
2,000 GMD47,198.80 MWK
2,500 GMD58,998.50 MWK
3,000 GMD70,798.20 MWK
4,000 GMD94,397.60 MWK
5,000 GMD117,997.00 MWK
10,000 GMD235,994.00 MWK
15,000 GMD353,991.00 MWK
20,000 GMD471,988.00 MWK
30,000 GMD707,982.00 MWK
40,000 GMD943,976.00 MWK
50,000 GMD1,179,970.00 MWK
100,000 GMD2,359,940.00 MWK

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


What's the best way to transfer money from Gambia to Malawi?

With the global remittance market booming, there are so many choices for Gambian Dalasi to MWK money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Malawi from Gambia. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MWK amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Gambia 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 Gambia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your GMD 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 GMD 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 Gambia to Malawi?

When you want to send money to Malawi from Gambia, you obviously want the cheapest possible option to maximize the money your recipient gets in Malawian Kwacha. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your GMD to MWK money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Gambia to Malawi. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Gambia to Malawi exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Malawian Kwacha overseas.


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

One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Gambia to Malawi money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.

With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like GMD to MWK transfers.

Given this, there are umpteen additional options to send money to Malawi instead of just your Gambia bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Gambian Dalasi even more so that your recipient in Malawi gets the maximum amount.


What is the fastest way to transfer money from Gambia to Malawi?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Gambia 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 GMD 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 Gambian Dalasi 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 send money to Malawi from Gambia?

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 Gambia 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 Gambian Dalasi 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 Gambian Dalasi you send.


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

With so many possible ways to transfer Gambian Dalasi 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 Gambia 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 Gambia 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 GMD to Malawian Kwacha money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.