Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MWK to DKK (Malawian Kwacha to Danish Krone) exchange rates

Malawi
Faroe Islands
MWK

Interbank Exchange Rate: 1 MWK = 0.0037 DKK
Updated about an hour ago

Found 0 Remittance Service Providers

All you need to know about Malawian Kwacha to Danish Krone money transfers

Easily compare money transfer providers in one place to send money from Malawi to Faroe Islands. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to Danish Krone (DKK) 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 Faroe Islands 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 DKK Conversion Rates

Here are some latest MWK to DKK (Malawian Kwacha to Danish Krone) exchange rates for popular conversion amounts*.

1 MWK0.00 DKK
5 MWK0.02 DKK
10 MWK0.04 DKK
25 MWK0.09 DKK
50 MWK0.19 DKK
100 MWK0.37 DKK
150 MWK0.56 DKK
200 MWK0.74 DKK
250 MWK0.93 DKK
300 MWK1.11 DKK
400 MWK1.48 DKK
500 MWK1.85 DKK
600 MWK2.22 DKK
700 MWK2.59 DKK
800 MWK2.96 DKK
1,000 MWK3.70 DKK
1,500 MWK5.55 DKK
2,000 MWK7.40 DKK
2,500 MWK9.25 DKK
3,000 MWK11.10 DKK
4,000 MWK14.80 DKK
5,000 MWK18.50 DKK
10,000 MWK37.00 DKK
15,000 MWK55.50 DKK
20,000 MWK74.00 DKK
30,000 MWK111.00 DKK
40,000 MWK148.00 DKK
50,000 MWK185.00 DKK
100,000 MWK370.00 DKK

*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 Faroe Islands?

Sending money internationally to Faroe Islands 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 DKK 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 Faroe Islands. 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 Danish Krone.


How to get the best remit rate for transferring money from Malawi to Faroe Islands?

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 Faroe Islands from Malawi.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MWK to Danish Krone 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 DKK 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 transfer money from Malawi to Faroe Islands?

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Malawi to Faroe Islands via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for Malawian Kwacha to Danish Krone remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Malawi to Faroe Islands exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for MWK to DKK remittances.


Should I use my bank to transfer money from Malawi to Faroe Islands?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low MWK to DKK exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on Malawi to Faroe Islands money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Faroe Islands from Malawi. They do this by letting you fund your transaction through your local bank account in Malawi, and by allowing you to choose the payout to be your recipient's bank account in Faroe Islands. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from Malawi to Faroe Islands fast?

The first thing to do when you need to convert MWK to DKK 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 Danish Krone. 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 Faroe Islands 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 Faroe Islands.


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

The first step in selecting the best money transfer operators for Malawi to Faroe Islands remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Malawian Kwacha to Danish Krone money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Faroe Islands.


Step by step guide to send money to Faroe Islands from Malawi

Follow the below easy steps to send money to Faroe Islands 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 Faroe Islands).
  • 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 DKK 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.