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Compare today's MWK to AMD (Malawian Kwacha to Armenian Dram) exchange rates

Malawi
Armenia
MWK

Interbank Exchange Rate: 1 MWK = 0.2178 AMD
Updated about an hour ago

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All you need to know about Malawian Kwacha to Armenian Dram money transfers

Easily compare money transfer providers in one place to send money from Malawi to Armenia. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to Armenian Dram (AMD) 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 Malawi.

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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 MWK to AMD Conversion Rates

Here are some latest MWK to AMD (Malawian Kwacha to Armenian Dram) exchange rates for popular conversion amounts*.

1 MWK0.22 AMD
5 MWK1.09 AMD
10 MWK2.18 AMD
25 MWK5.45 AMD
50 MWK10.89 AMD
100 MWK21.78 AMD
150 MWK32.67 AMD
200 MWK43.56 AMD
250 MWK54.45 AMD
300 MWK65.34 AMD
400 MWK87.12 AMD
500 MWK108.90 AMD
600 MWK130.68 AMD
700 MWK152.46 AMD
800 MWK174.24 AMD
1,000 MWK217.80 AMD
1,500 MWK326.70 AMD
2,000 MWK435.60 AMD
2,500 MWK544.50 AMD
3,000 MWK653.40 AMD
4,000 MWK871.20 AMD
5,000 MWK1,089.00 AMD
10,000 MWK2,178.00 AMD
15,000 MWK3,267.00 AMD
20,000 MWK4,356.00 AMD
30,000 MWK6,534.00 AMD
40,000 MWK8,712.00 AMD
50,000 MWK10,890.00 AMD
100,000 MWK21,780.00 AMD

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


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

It can be very confusing when sending money from Malawi to Armenia given so many choices. Additionally, Malawian Kwacha to AMD 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 Malawi to Armenia 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 Armenia from Malawi. 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 Malawian Kwacha to Armenian Dram remittances.


How to get the best exchange rate for your money transfers from Malawi to Armenia?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Armenia from Malawi. 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 MWK to Armenian Dram 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 Malawi to Armenia corridor to give you more good choices for your next AMD 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 Malawi to Armenia?

When you want to send money to Armenia from Malawi, you obviously want the cheapest possible option to maximize the money your recipient gets in Armenian Dram. 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 MWK to AMD 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 Malawi to Armenia. 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 Malawi to Armenia 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 Armenian Dram overseas.


Should I use my bank to send money from Malawi to Armenia?

We do not recommend using your local bank in Malawi for your next MWK to AMD 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 Malawi to Armenia (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 AMD to Armenia. These companies will let you use your local bank account in Malawi to pay for your Armenia 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 do a money transfer to Armenia from Malawi?

It could be a stressful experience if you need to rush money quickly from Malawi to Armenia. 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 MWK to AMD. 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 Armenian Dram. 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 Malawi to Armenia money transfers.


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

Since the Malawian Kwacha to Armenian Dram 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 Malawi that may also be able to send money to Armenia. 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 MWK to AMD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Armenia gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Malawi to Armenia transaction.


Step by step guide to send money to Armenia from Malawi

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

  • 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 Malawi bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Armenia).
  • 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 MWK to AMD 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.