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

Malawi
Germany
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 Germany. 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 to Germany from Malawi?

There are many good choices when it comes to sending money from Malawi to Germany. 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 EUR money transfers.

We compare different remittance companies to bring you the best options to send money to Germany 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 Euro money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best rate to transfer money to Germany from Malawi?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MWK to Euro money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Malawi to Germany. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MWK to EUR remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

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 Germany 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 Euro 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 Germany 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 EUR remittances.


How to send money to Germany from Malawi 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 Germany 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 Germany 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 Germany gets the maximum amount.


What is the fastest way to transfer money from Malawi to Germany?

If you need to convert MWK to EUR as fast as possible, there are definite steps you can take that will help you do so. You could pay for your transfer with cash, as well as have your recipient do a cash pickup for payout - both of these methods will speed up your money transfer.

That said, handling cash could be a safety issue given that both the sender and receiver have to physically carry cash (most agent locations are located in physical stores, malls, and retail outlets which may or may not be in a physically safer area). Additionally, due to the extra costs involved to set up and maintain physical locations, cash transactions tend to get a worse foresign exchange rate (contrasted with online/digital transfers). So, another option to move money quickly from Malawi to Germany could be sending it to a mobile wallet. This would entail some slowness compared to cash transfers, but would be more safe.

Apart from the above, there are many other factors that can have an impact on your Malawian Kwacha to Euro funds transfer speed. To arm you with all the knowledge you need to distinguish faster from slower remittance providers, we crafted a complete guide to remittances; this article touches upon everything you need to know to make the fastest money transfers to Germany.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malawi to Germany. Once you understand their services and the factors that affect how fast your money can be transferred overseas, you will be able to minimize the time your money is in transit.


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

Comparing money transfer companies for sending money to Germany 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 Germany. 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 transfer money to Germany from Malawi

With so many possible ways to transfer Malawian Kwacha to Euro, and exchange rates that are changing by the second, it can be difficult to make the best choice to save time and money. RemitFinder's online remittance comparison platform helps you find the best companies to move your funds abroad.

Once you have picked the right company for your Malawi to Germany remittance transaction, you can follow the below step by step procedure.

  • Create an account at your chosen operator.
  • You may be asked for photo IDs and address proofs; please provide these as they help the operator ensure legal and regulatory compliance.
  • Add bank accounts for both the sender in Malawi and the receiver in Germany. Using bank deposits can be the cheapest option to send money.
  • Decide when you want to send money and the transfer amount. When ready, choose the amount and start your transaction.
  • At this point, you are pretty much done, and the operator will take it on from here.
  • Watch out for updates from the operator on the progress of your transaction.

We also recommend that you have more than one remittance company in your portfolio so you can maximize the return on your MWK to Euro money transfers. This way, you can pick whoever is the best at the time you are ready to initiate your transaction.