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Compare today's MWK to JMD (Malawian Kwacha to Jamaican Dollar) exchange rates

Malawi
Jamaica
MWK

Interbank Exchange Rate: 1 MWK = 0.0902 JMD
Updated about an hour ago

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

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

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

1 MWK0.09 JMD
5 MWK0.45 JMD
10 MWK0.90 JMD
25 MWK2.26 JMD
50 MWK4.51 JMD
100 MWK9.02 JMD
150 MWK13.53 JMD
200 MWK18.04 JMD
250 MWK22.55 JMD
300 MWK27.06 JMD
400 MWK36.08 JMD
500 MWK45.10 JMD
600 MWK54.12 JMD
700 MWK63.14 JMD
800 MWK72.16 JMD
1,000 MWK90.20 JMD
1,500 MWK135.30 JMD
2,000 MWK180.40 JMD
2,500 MWK225.50 JMD
3,000 MWK270.60 JMD
4,000 MWK360.80 JMD
5,000 MWK451.00 JMD
10,000 MWK902.00 JMD
15,000 MWK1,353.00 JMD
20,000 MWK1,804.00 JMD
30,000 MWK2,706.00 JMD
40,000 MWK3,608.00 JMD
50,000 MWK4,510.00 JMD
100,000 MWK9,020.00 JMD

*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 Jamaica from Malawi?

It can be very confusing when sending money from Malawi to Jamaica given so many choices. Additionally, Malawian Kwacha to JMD 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 Jamaica 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 Jamaica 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 Jamaican Dollar remittances.


How to get the best exchange rate for your money transfers from Malawi to Jamaica?

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 Jamaica 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 Jamaican 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 Jamaican 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 Jamaica 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 Jamaica 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 Jamaican Dollar 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 Jamaica 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 JMD remittances.


How to send money to Jamaica from Malawi through a bank?

We do not recommend using your local bank in Malawi for your next MWK to JMD 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 Jamaica (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 JMD to Jamaica. These companies will let you use your local bank account in Malawi to pay for your Jamaica money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


How to send money from Malawi to Jamaica fast?

It could be a stressful experience if you need to rush money quickly from Malawi to Jamaica. 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 JMD. 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 Jamaican Dollar. 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 Jamaica money transfers.


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

Malawi to Jamaica money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Jamaica as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Malawian Kwacha to Jamaican Dollar money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Malawi to Jamaica

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 Jamaica, 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 Jamaica 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 Jamaica where they can receive monies in Jamaican 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.