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Compare today's MWK to EUR (Malawian Kwacha to Euro) exchange rates

Malawi
Belgium
MWK
Interbank Exchange Rate: 1 MWK = 0.0006 EUR
Updated about an hour ago

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All you need to know about Malawian Kwacha to Euro money transfers

Easily compare money transfer providers in one place to send money from Malawi to Belgium. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to Euro (EUR) 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.

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Latest MWK to EUR Conversion Rates

Here are some latest MWK to EUR (Malawian Kwacha to Euro) exchange rates for popular conversion amounts*.

1 MWK0.00 EUR
5 MWK0.00 EUR
10 MWK0.01 EUR
25 MWK0.02 EUR
50 MWK0.03 EUR
100 MWK0.06 EUR
150 MWK0.09 EUR
200 MWK0.12 EUR
250 MWK0.15 EUR
300 MWK0.18 EUR
400 MWK0.24 EUR
500 MWK0.30 EUR
600 MWK0.36 EUR
700 MWK0.42 EUR
800 MWK0.48 EUR
1,000 MWK0.60 EUR
1,500 MWK0.90 EUR
2,000 MWK1.20 EUR
2,500 MWK1.50 EUR
3,000 MWK1.80 EUR
4,000 MWK2.40 EUR
5,000 MWK3.00 EUR
10,000 MWK6.00 EUR
15,000 MWK9.00 EUR
20,000 MWK12.00 EUR
30,000 MWK18.00 EUR
40,000 MWK24.00 EUR
50,000 MWK30.00 EUR
100,000 MWK60.00 EUR

*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 from Malawi to Belgium?

With the global remittance market booming, there are so many choices for Malawian Kwacha to EUR 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 Belgium from Malawi. 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 EUR 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 exchange rate for sending money from Malawi to Belgium?

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 Belgium from Malawi.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MWK to Euro 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 MWK to EUR 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 for transferring money to Belgium from Malawi?

When you want to send money to Belgium from Malawi, you obviously want the cheapest possible option to maximize the money your recipient gets in Euro. 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 EUR 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 Belgium. 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 Belgium 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 Euro overseas.


How to send money from Malawi to Belgium 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 Malawi to Belgium 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 MWK to EUR transfers.

Given this, there are umpteen additional options to send money to Belgium instead of just your Malawi 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 Malawian Kwacha even more so that your recipient in Belgium gets the maximum amount.


How to send money to Belgium from Malawi fast?

The first thing to do when you need to convert MWK to EUR 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 Malawian Kwacha and Euro. 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 Malawi to Belgium 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 Belgium.


Which are the best money transfer companies to transfer money to Belgium from Malawi?

Comparing money transfer companies for sending money to Belgium from Malawi can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Belgium. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Malawian Kwacha to Euro transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Euro yield on every Malawian Kwacha that you send.


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

There are many important aspects of Malawi to Belgium 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 - Malawi 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 EUR 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 Malawian Kwacha amount you want to send from Malawi.
  • 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 Belgium to validate that they get the money once the transaction clears.