Compare today's MWK to XOF (Malawian Kwacha to CFA Franc BCEAO) exchange rates
Interbank Exchange Rate: 1 MWK = 0.3216 XOF
Updated about an hour ago
Found 0 Remittance Service Providers
0 Remit Service Providers did not match the search criteria.
All you need to know about Malawian Kwacha to CFA Franc BCEAO money transfers
Easily compare money transfer providers in one place to send money from Malawi to Guinea-Bissau. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to CFA Franc BCEAO (XOF) 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 Guinea-Bissau 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 XOF Conversion Rates
Here are some latest MWK to XOF (Malawian Kwacha to CFA Franc BCEAO) exchange rates for popular conversion amounts*.
| 1 MWK | 0.32 XOF |
| 5 MWK | 1.61 XOF |
| 10 MWK | 3.22 XOF |
| 25 MWK | 8.04 XOF |
| 50 MWK | 16.08 XOF |
| 100 MWK | 32.16 XOF |
| 150 MWK | 48.24 XOF |
| 200 MWK | 64.32 XOF |
| 250 MWK | 80.40 XOF |
| 300 MWK | 96.48 XOF |
| 400 MWK | 128.64 XOF |
| 500 MWK | 160.80 XOF |
| 600 MWK | 192.96 XOF |
| 700 MWK | 225.12 XOF |
| 800 MWK | 257.28 XOF |
| 1,000 MWK | 321.60 XOF |
| 1,500 MWK | 482.40 XOF |
| 2,000 MWK | 643.20 XOF |
| 2,500 MWK | 804.00 XOF |
| 3,000 MWK | 964.80 XOF |
| 4,000 MWK | 1,286.40 XOF |
| 5,000 MWK | 1,608.00 XOF |
| 10,000 MWK | 3,216.00 XOF |
| 15,000 MWK | 4,824.00 XOF |
| 20,000 MWK | 6,432.00 XOF |
| 30,000 MWK | 9,648.00 XOF |
| 40,000 MWK | 12,864.00 XOF |
| 50,000 MWK | 16,080.00 XOF |
| 100,000 MWK | 32,160.00 XOF |
*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 Guinea-Bissau?
It can be very confusing when sending money from Malawi to Guinea-Bissau given so many choices. Additionally, Malawian Kwacha to XOF 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 Guinea-Bissau 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 Guinea-Bissau 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 CFA Franc BCEAO remittances.
How to get the best rate to transfer money to Guinea-Bissau from Malawi?
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 Guinea-Bissau from Malawi.At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your MWK to CFA Franc BCEAO 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 XOF 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 for transferring money to Guinea-Bissau from Malawi?
The final amount your recipient gets when you send MWK to XOF 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 Guinea-Bissau 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 CFA Franc BCEAO 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 Guinea-Bissau 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 Guinea-Bissau through a bank?
We do not recommend using your local bank in Malawi for your next MWK to XOF overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Malawi to Guinea-Bissau (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.
Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending XOF to Guinea-Bissau. These companies will let you use your local bank account in Malawi to pay for your Guinea-Bissau money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.
What is the fastest way to do a money transfer to Guinea-Bissau from Malawi?
The speed of your Malawian Kwacha to CFA Franc BCEAO funds transfer will depend on various factors like which provider you use, how you pay for your transaction, how you choose for your recipient to get the funds, etc. You will, therefore, want to compare various options to see which one suits your needs best.We created a comprehensive guide on remittances to help you understand all the factors that come into play when you convert MWK to XOF. Establishing a solid understanding of all the criteria that affect your transaction speed will help you compare various money transfer companies to see which one can provide you with the fastest transaction.
One possible approach that will help you send money fast to Guinea-Bissau from Malawi is to rely on cash as payment as well as delivery method. This would mean paying for your transfer with cash, most likely by walking into your provider's office or agent location. Similarly, your recipient could also pick up cash in Guinea-Bissau if they have a pickup location nearby. Dealing with cash on both sides will eliminate bank transfers in the middle which generally take longer as money has to move between banks.
One drawback of cash transfers is the need to go to physical drop off and pickup locations, and the inherent risk involved in carrying cash, especially for larger amounts. Another one is that cash transfers generally involve lower exchange rates as compared to online transfers. If you do not want to handle cash for the aforementioned reasons, the next fastest transfers would be to payout XOF into a mobile wallet, or even do a mobile airtime popup. These methods would be faster than Malawi bank to Guinea-Bissau bank transfer.
Which are the best money transfer companies to send money to Guinea-Bissau from Malawi?
The first step in selecting the best money transfer operators for Malawi to Guinea-Bissau 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 CFA Franc BCEAO 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 Guinea-Bissau.
Step by step guide to transfer money to Guinea-Bissau from Malawi
Follow the below easy steps to send money to Guinea-Bissau 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 Guinea-Bissau).
- 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.