Compare today's MWK to EUR (Malawian Kwacha to Euro) exchange rates
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 Cyprus. 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 MWK | 0.00 EUR |
| 5 MWK | 0.00 EUR |
| 10 MWK | 0.01 EUR |
| 25 MWK | 0.02 EUR |
| 50 MWK | 0.03 EUR |
| 100 MWK | 0.06 EUR |
| 150 MWK | 0.09 EUR |
| 200 MWK | 0.12 EUR |
| 250 MWK | 0.15 EUR |
| 300 MWK | 0.18 EUR |
| 400 MWK | 0.24 EUR |
| 500 MWK | 0.30 EUR |
| 600 MWK | 0.36 EUR |
| 700 MWK | 0.42 EUR |
| 800 MWK | 0.48 EUR |
| 1,000 MWK | 0.60 EUR |
| 1,500 MWK | 0.90 EUR |
| 2,000 MWK | 1.20 EUR |
| 2,500 MWK | 1.50 EUR |
| 3,000 MWK | 1.80 EUR |
| 4,000 MWK | 2.40 EUR |
| 5,000 MWK | 3.00 EUR |
| 10,000 MWK | 6.00 EUR |
| 15,000 MWK | 9.00 EUR |
| 20,000 MWK | 12.00 EUR |
| 30,000 MWK | 18.00 EUR |
| 40,000 MWK | 24.00 EUR |
| 50,000 MWK | 30.00 EUR |
| 100,000 MWK | 60.00 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 to Cyprus from Malawi?
Sending money internationally to Cyprus from Malawi can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your Malawian Kwacha to EUR remittances.
Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Cyprus. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Euro.
How to get the best exchange rate for your money transfers from Malawi to Cyprus?
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 Cyprus 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 to send money to Cyprus from Malawi?
Finding the cheapest way to send money from Malawi to Cyprus might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MWK to EUR via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.
Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Malawi to Cyprus exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.
Should I use my bank to transfer money from Malawi to Cyprus?
Bank transfers have been a traditionally popular way to send money overseas from Malawi to Cyprus. 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 MWK to EUR 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 Malawi bank for your Cyprus 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.
How to send money to Cyprus from Malawi fast?
It could be a stressful experience if you need to rush money quickly from Malawi to Cyprus. 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 EUR. 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 Euro. 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 Cyprus money transfers.
Which are the best money transfer companies to send money from Malawi to Cyprus?
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 Malawi to Cyprus, 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 Malawian Kwacha to Euro 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 EUR money transfers to Cyprus. 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 Cyprus getting more money for every Malawian Kwacha you send.
Step by step guide to send money to Cyprus from Malawi
Follow the below easy steps to send money to Cyprus 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 Cyprus).
- 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.
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.