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Compare today's MWK to USD (Malawian Kwacha to US Dollar) exchange rates

Malawi
Northern Mariana Islands
MWK

Interbank Exchange Rate: 1 MWK = 0.0007 USD
Updated about an hour ago

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

Easily compare money transfer providers in one place to send money from Malawi to Northern Mariana Islands. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to US Dollar (USD) 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 Northern Mariana Islands 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 USD Conversion Rates

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

1 MWK0.00 USD
5 MWK0.00 USD
10 MWK0.01 USD
25 MWK0.02 USD
50 MWK0.03 USD
100 MWK0.07 USD
150 MWK0.11 USD
200 MWK0.14 USD
250 MWK0.18 USD
300 MWK0.21 USD
400 MWK0.28 USD
500 MWK0.35 USD
600 MWK0.42 USD
700 MWK0.49 USD
800 MWK0.56 USD
1,000 MWK0.70 USD
1,500 MWK1.05 USD
2,000 MWK1.40 USD
2,500 MWK1.75 USD
3,000 MWK2.10 USD
4,000 MWK2.80 USD
5,000 MWK3.50 USD
10,000 MWK7.00 USD
15,000 MWK10.50 USD
20,000 MWK14.00 USD
30,000 MWK21.00 USD
40,000 MWK28.00 USD
50,000 MWK35.00 USD
100,000 MWK70.00 USD

*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 Northern Mariana Islands from Malawi?

Foreign exchange rates fluctuate by the second, much like equities listed on the stock market. Given that, it might seem like a daunting task to determine the best timing to transfer money from Malawi to Northern Mariana Islands. We ensure that you are getting the best rate and sending money at the right time with trusted money transfer companies when you transfer Malawian Kwacha to USD.

You can rely on RemitFinder to do the hard work of searching for the best companies specializing in sending money abroad for you. Our remittance comparison platform helps you spot the best options to send MWK to USD in Northern Mariana Islands. Every company listed on our site is an established business that our team evaluates to make sure you get access to the best exchange rates.

With RemitFinder, you can also take advantage of numerous offers and discounts that our partners provide to maximize the power of your money transfers to Northern Mariana Islands from Malawi. We provide you with maximum choices to send money to Northern Mariana Islands by comparing competing money transfer companies thereby making you the winner in the end.


How to get the best remit rate for transferring money from Malawi to Northern Mariana Islands?

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 Northern Mariana Islands.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malawi to Northern Mariana Islands 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 United States 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 transfer money from Malawi to Northern Mariana Islands?

The final amount your recipient gets when you send MWK to USD 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 Northern Mariana Islands 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 United States 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 Northern Mariana Islands 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 to Northern Mariana Islands from Malawi through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Malawi to Northern Mariana Islands. But, with the explosion of so many Fintech startups specializing in remittances, it is worth asking yourself if you should still be using your bank for sending funds internationally.

In general, banks tend to charge much higher fees compared to newer remittance companies that specialize in online operations. It is also possible that the MWK to USD exchange rate you get from your bank may not be the best. In fact, high fees and below par exchange rates are two of the most popular ways banks make money on remittances.

We, therefore, recommend that before you use your Malawi bank for your Northern Mariana Islands money transfers, you explore various other options to carefully review your total cost (represented by transaction fees) as well as the exchange rate you will get. Combined, these two factors will have a direct impact on how much money your recipient gets from your transaction.


What is the fastest way to transfer money from Malawi to Northern Mariana Islands?

It could be a stressful experience if you need to rush money quickly from Malawi to Northern Mariana Islands. 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 USD. 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 United States 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 Northern Mariana Islands money transfers.


Which are the best money transfer companies to transfer money to Northern Mariana Islands from Malawi?

Since the Malawian Kwacha to United States Dollar money transfer ecosystem has so many players in it, selecting the right company might not be that simple. You have so many to choose from - established organizations like Western Union and MoneyGram to multi currency bank accounts to up and coming Fintech companies. Then, there is always your local bank in Malawi that may also be able to send money to Northern Mariana Islands. With all these possibilities staring at you, it can be difficult to pick the company to give your business to.

The RemitFinder remittance engine will certainly help you to chart a path forward. Once you have selected your source and destination countries, we compare numerous companies to present you with an easy to digest comparison table. Here, you can easily see which companies meet your unique needs.

To further decrease the cost of your MWK to USD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Northern Mariana Islands gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Malawi to Northern Mariana Islands transaction.


Step by step guide to send money to Northern Mariana Islands from Malawi

The first step to send money to Northern Mariana Islands 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 USD 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 Northern Mariana Islands 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 Northern Mariana Islands!

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 Northern Mariana Islands.