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Compare today's MWK to DJF (Malawian Kwacha to Djiboutian Franc) exchange rates

Malawi
Djibouti
MWK

Interbank Exchange Rate: 1 MWK = 0.1028 DJF
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Malawi to Djibouti. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to Djiboutian Franc (DJF) 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.

Were you looking to send money from Djibouti to Malawi 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 MWK to DJF Conversion Rates

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

1 MWK0.10 DJF
5 MWK0.51 DJF
10 MWK1.03 DJF
25 MWK2.57 DJF
50 MWK5.14 DJF
100 MWK10.28 DJF
150 MWK15.42 DJF
200 MWK20.56 DJF
250 MWK25.70 DJF
300 MWK30.84 DJF
400 MWK41.12 DJF
500 MWK51.40 DJF
600 MWK61.68 DJF
700 MWK71.96 DJF
800 MWK82.24 DJF
1,000 MWK102.80 DJF
1,500 MWK154.20 DJF
2,000 MWK205.60 DJF
2,500 MWK257.00 DJF
3,000 MWK308.40 DJF
4,000 MWK411.20 DJF
5,000 MWK514.00 DJF
10,000 MWK1,028.00 DJF
15,000 MWK1,542.00 DJF
20,000 MWK2,056.00 DJF
30,000 MWK3,084.00 DJF
40,000 MWK4,112.00 DJF
50,000 MWK5,140.00 DJF
100,000 MWK10,280.00 DJF

*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 Djibouti?

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


How to get the best exchange rate for sending money from Malawi to Djibouti?

Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Djibouti 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 Djiboutian Franc 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 Djibouti corridor to give you more good choices for your next DJF money transfer. This way you do not miss out on additional options to potentially save more.


What's the cheapest way for transferring money to Djibouti from Malawi?

When you want to send money to Djibouti from Malawi, you obviously want the cheapest possible option to maximize the money your recipient gets in Djiboutian Franc. 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 DJF 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 Djibouti. 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 Djibouti 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 Djiboutian Franc overseas.


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

Bank transfers have been a traditionally popular way to send money overseas from Malawi to Djibouti. 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 DJF 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 Djibouti 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 Djibouti from Malawi fast?

It could be a stressful experience if you need to rush money quickly from Malawi to Djibouti. 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 DJF. 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 Djiboutian Franc. 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 Djibouti money transfers.


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

Since the Malawian Kwacha to Djiboutian Franc 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 Djibouti. 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 DJF money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Djibouti 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 Djibouti transaction.


Step by step guide to transfer money to Djibouti from Malawi

There are many important aspects of Malawi to Djibouti 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 DJF 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 Djibouti to validate that they get the money once the transaction clears.