Compare today's MWK to EUR (Malawian Kwacha to Euro) exchange rates
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 Lithuania. 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 MWK | 0.00 EUR |
| 5 MWK | 0.00 EUR |
| 10 MWK | 0.01 EUR |
| 25 MWK | 0.02 EUR |
| 50 MWK | 0.03 EUR |
| 100 MWK | 0.06 EUR |
| 150 MWK | 0.09 EUR |
| 200 MWK | 0.12 EUR |
| 250 MWK | 0.15 EUR |
| 300 MWK | 0.18 EUR |
| 400 MWK | 0.24 EUR |
| 500 MWK | 0.30 EUR |
| 600 MWK | 0.36 EUR |
| 700 MWK | 0.42 EUR |
| 800 MWK | 0.48 EUR |
| 1,000 MWK | 0.60 EUR |
| 1,500 MWK | 0.90 EUR |
| 2,000 MWK | 1.20 EUR |
| 2,500 MWK | 1.50 EUR |
| 3,000 MWK | 1.80 EUR |
| 4,000 MWK | 2.40 EUR |
| 5,000 MWK | 3.00 EUR |
| 10,000 MWK | 6.00 EUR |
| 15,000 MWK | 9.00 EUR |
| 20,000 MWK | 12.00 EUR |
| 30,000 MWK | 18.00 EUR |
| 40,000 MWK | 24.00 EUR |
| 50,000 MWK | 30.00 EUR |
| 100,000 MWK | 60.00 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 from Malawi to Lithuania?
It can be very confusing when sending money from Malawi to Lithuania given so many choices. Additionally, Malawian Kwacha to EUR 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 Lithuania 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 Lithuania 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 Euro remittances.
How to get the best exchange rate for your money transfers from Malawi to Lithuania?
Foreign exchange rates are highly volatile, and it may seem difficult to decide the best timing for your next transfer to Lithuania from Malawi. Another added complexity is the multitude of choices at your disposal - ranging from your bank, to established operators like WesterUnion and Moneygram, to so many remittance startups and companies, to multi currency bank accounts. It would be ideal if there was an automated way to stay updated with the ever changing remittance landscape.One way you could eliminate the manual work to search and compare providers for your MWK to Euro money transfers is by signing up for the RemitFinder daily rate alert. It is completely free; we do the hard work of comparing various remittance companies, and send you all the info you need.
We are also constantly adding new partners for the Malawi to Lithuania corridor to give you more good choices for your next EUR money transfer. This way you do not miss out on additional options to potentially save more.
What's the cheapest way to send money to Lithuania from Malawi?
The final amount your recipient gets when you send MWK to EUR 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 Lithuania 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 Euro 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 Lithuania 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.
Should I use my bank to transfer money from Malawi to Lithuania?
We do not recommend using your local bank in Malawi for your next MWK to EUR 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 Lithuania (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 EUR to Lithuania. These companies will let you use your local bank account in Malawi to pay for your Lithuania 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 Lithuania from Malawi?
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 Lithuania 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 Lithuania.
With so many choices available, make sure to compare various forex operators that enable you to remit money from Malawi to Lithuania. 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 to Lithuania 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 Lithuania, 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 Euro 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 EUR money transfers to Lithuania. 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 Lithuania getting more money for every Malawian Kwacha you send.
Step by step guide to send money from Malawi to Lithuania
There are many important aspects of Malawi to Lithuania remittances that will impact the yield you get. The most important one is the selection of the best money transfer company. For this, you can rely on RemitFinder's expertise in searching and comparing many global companies to present you many options in one simple, easy to understand view.Once you have honed down on the company you want to go with, the below step by step tutorial will help you execute your transfer in an effective manner.
- Step 1 - Create your account with the chosen remittance company. Please be aware that you will likely be asked for identification documents and personal information. This is an important step for the company to ensure that you are a genuine person and ensure you comply with various legal regulations like anti money laundering.
- Step 2 - Provision the manner in which you will fund your remittance transaction. The forex company may accept payment in multiple ways - Malawi bank account, credit and debit cards, and sometimes even cash that you can pay with by walking into a branch or outlet.
- Step 3 - Similar to the previous step, also provision the manner in which the receiver will access the funds. The most common delivery methods include EUR bank deposit, cash pick up in a physical provider location or agent's office, mobile wallet credit and mobile airtime popup.
- Step 4 - Provision recipient details including name and address.
- Step 5 - Decide how much Malawian Kwacha amount you want to send from Malawi.
- Step 6 - Optionally, check if there are any deals or promotions going on. You can rely on RemitFinder to provide you this information. Discounts help you save even more, so be sure to use one if available.
- Step 7 - Validate all the information for accuracy and start your transaction.