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Compare today's MWK to USD (Malawian Kwacha to US Dollar) exchange rates

Malawi
El Salvador
MWK

Interbank Exchange Rate: 1 MWK = 0.0007 USD
Updated about 1 hours ago

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All you need to know about Malawian Kwacha to US Dollar money transfers

Easily compare money transfer providers in one place to send money from Malawi to El Salvador. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to US Dollar (USD) 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 El Salvador 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 USD Conversion Rates

Here are some latest MWK to USD (Malawian Kwacha to US Dollar) exchange rates for popular conversion amounts*.

1 MWK0.00 USD
5 MWK0.00 USD
10 MWK0.01 USD
25 MWK0.02 USD
50 MWK0.03 USD
100 MWK0.07 USD
150 MWK0.11 USD
200 MWK0.14 USD
250 MWK0.18 USD
300 MWK0.21 USD
400 MWK0.28 USD
500 MWK0.35 USD
600 MWK0.42 USD
700 MWK0.49 USD
800 MWK0.56 USD
1,000 MWK0.70 USD
1,500 MWK1.05 USD
2,000 MWK1.40 USD
2,500 MWK1.75 USD
3,000 MWK2.10 USD
4,000 MWK2.80 USD
5,000 MWK3.50 USD
10,000 MWK7.00 USD
15,000 MWK10.50 USD
20,000 MWK14.00 USD
30,000 MWK21.00 USD
40,000 MWK28.00 USD
50,000 MWK35.00 USD
100,000 MWK70.00 USD

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


What's the best way to transfer money from Malawi to El Salvador?

There are many good choices when it comes to sending money from Malawi to El Salvador. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your Malawian Kwacha to USD money transfers.

We compare different remittance companies to bring you the best options to send money to El Salvador from Malawi. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your Malawian Kwacha to United States Dollar money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Malawi to El Salvador?

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Malawi to El Salvador transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your MWK to United States Dollar international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest Malawian Kwacha to United States Dollar exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

The final amount your recipient gets when you send MWK to USD is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Malawi to El Salvador used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send United States Dollar is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Malawian Kwacha to El Salvador exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money from Malawi to El Salvador 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 El Salvador 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 USD transfers.

Given this, there are umpteen additional options to send money to El Salvador 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 El Salvador gets the maximum amount.


How to send money from Malawi to El Salvador fast?

The first thing to do when you need to convert MWK to USD 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 United States Dollar. 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 El Salvador 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 El Salvador.


Which are the best money transfer companies to transfer money to El Salvador from Malawi?

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 El Salvador, 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 United States Dollar 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 USD money transfers to El Salvador. 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 El Salvador getting more money for every Malawian Kwacha you send.


Step by step guide to send money to El Salvador from Malawi

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Malawi to El Salvador, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Malawi to El Salvador that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in El Salvador where they can receive monies in United States Dollar.
  • Then, provide details of your Malawi bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MWK travel to another part of the globe.