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Compare today's MWK to NZD (Malawian Kwacha to New Zealand Dollar) exchange rates

Malawi
New Zealand
MWK
Interbank Exchange Rate: 1 MWK = 0.0010 NZD
Updated about an hour ago

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All you need to know about Malawian Kwacha to New Zealand Dollar money transfers

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

Here are some latest MWK to NZD (Malawian Kwacha to New Zealand Dollar) exchange rates for popular conversion amounts*.

1 MWK0.00 NZD
5 MWK0.01 NZD
10 MWK0.01 NZD
25 MWK0.03 NZD
50 MWK0.05 NZD
100 MWK0.10 NZD
150 MWK0.15 NZD
200 MWK0.20 NZD
250 MWK0.25 NZD
300 MWK0.30 NZD
400 MWK0.40 NZD
500 MWK0.50 NZD
600 MWK0.60 NZD
700 MWK0.70 NZD
800 MWK0.80 NZD
1,000 MWK1.00 NZD
1,500 MWK1.50 NZD
2,000 MWK2.00 NZD
2,500 MWK2.50 NZD
3,000 MWK3.00 NZD
4,000 MWK4.00 NZD
5,000 MWK5.00 NZD
10,000 MWK10.00 NZD
15,000 MWK15.00 NZD
20,000 MWK20.00 NZD
30,000 MWK30.00 NZD
40,000 MWK40.00 NZD
50,000 MWK50.00 NZD
100,000 MWK100.00 NZD

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to do Malawi to New Zealand money transfers?

Sending money internationally to New Zealand 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 NZD 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 New Zealand. 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 New Zealand Dollar.


How to get the best rate to transfer money to New Zealand from Malawi?

One of the key factors in getting the best rate for your next money transfer is awareness of what your choices are. With so many remittance service providers out there, you would want to choose the one that suits your needs best for sending money to New Zealand.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malawi to New Zealand transfer. Simply search for your countries and inspect various options in one place. This will allow you to decide which company is the most appropriate one for you.

You may also want to sign up for our free exchange rate alert for your MWK to New Zealand Dollar money transfers. This way, you can get notified of the best rates on a daily basis, and send money when rates are higher.


What's the cheapest way to send money from Malawi to New Zealand?

The final amount your recipient gets when you send MWK to NZD 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 New Zealand 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 New Zealand Dollar 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 New Zealand 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 send money from Malawi to New Zealand?

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 NZD 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 New Zealand 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 New Zealand 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 New Zealand. But, you are likely to get much better rates and lower fees compared to your bank.


What is the fastest way to transfer money from Malawi to New Zealand?

It could be a stressful experience if you need to rush money quickly from Malawi to New Zealand. 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 NZD. 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 New Zealand 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 New Zealand money transfers.


Which are the best money transfer companies to transfer money to New Zealand from Malawi?

Comparing money transfer companies for sending money to New Zealand 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 New Zealand. 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 New Zealand Dollar 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 New Zealand Dollar yield on every Malawian Kwacha that you send.


Step by step guide to transfer money to New Zealand from Malawi

The first step to send money to New Zealand from Malawi is to identify a money transfer provider that best suits your needs. You can rely on RemitFinder's online comparison tool to do so.

Once you have a provider chosen, follow these steps to execute your MWK to NZD overseas funds transfer.

  • Click through to the provider's site and register an account.
  • Provide documentation for ID proof, and related information that the provider may need as part of compliance and regulatory checks they need to do.
  • Add recipient information including their bank account in New Zealand if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your Malawi bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to New Zealand!

After the transaction has been kicked off, the provider would notify you of progress. Many remittance companies also have mobile apps; you can use that to track the real time status of your transfer from Malawi to New Zealand.