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Compare today's GNF to MWK (Guinean Franc to Malawian Kwacha) exchange rates

Guinea
Malawi
GNF

Interbank Exchange Rate: 1 GNF = 0.1977 MWK
Updated about an hour ago

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All you need to know about Guinean Franc to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Guinea to Malawi. Send money overseas to your loved ones by comparing Guinean Franc (GNF) 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 Guinea.

Were you looking to send money from Malawi to Guinea 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 GNF to MWK Conversion Rates

Here are some latest GNF to MWK (Guinean Franc to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 GNF0.20 MWK
5 GNF0.99 MWK
10 GNF1.98 MWK
25 GNF4.94 MWK
50 GNF9.89 MWK
100 GNF19.77 MWK
150 GNF29.65 MWK
200 GNF39.54 MWK
250 GNF49.43 MWK
300 GNF59.31 MWK
400 GNF79.08 MWK
500 GNF98.85 MWK
600 GNF118.62 MWK
700 GNF138.39 MWK
800 GNF158.16 MWK
1,000 GNF197.70 MWK
1,500 GNF296.55 MWK
2,000 GNF395.40 MWK
2,500 GNF494.25 MWK
3,000 GNF593.10 MWK
4,000 GNF790.80 MWK
5,000 GNF988.50 MWK
10,000 GNF1,977.00 MWK
15,000 GNF2,965.50 MWK
20,000 GNF3,954.00 MWK
30,000 GNF5,931.00 MWK
40,000 GNF7,908.00 MWK
50,000 GNF9,885.00 MWK
100,000 GNF19,770.00 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 Guinea?

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


How to get the best exchange rate for sending money from Guinea 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 Guinea.

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

When you want to send money to Malawi from Guinea, 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 GNF 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 Guinea 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 Guinea 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 from Guinea to Malawi through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Guinea 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 GNF 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 Guinea 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.


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

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Guinea 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 GNF 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 Guinean Franc 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 Guinea?

Since the Guinean Franc 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 Guinea 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 GNF 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 Guinea to Malawi transaction.


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

There are many important aspects of Guinea to Malawi remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.

Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.

  • Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
  • Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Guinea bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
  • Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include MWK bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
  • Step 4 - Provision recipient details including name and address.
  • Step 5 - Decide how much Guinean Franc amount you want to send from Guinea.
  • Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
  • Step 7 - Validate all the information for accuracy and start your transaction.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Malawi to validate that they get the money once the transaction clears.