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

Malawi
Puerto Rico
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 Puerto Rico. 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 Puerto Rico 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 Puerto Rico from Malawi?

It can be very confusing when sending money from Malawi to Puerto Rico given so many choices. Additionally, Malawian Kwacha to USD 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 Puerto Rico 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 Puerto Rico 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 United States Dollar remittances.


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

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 Puerto Rico.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malawi to Puerto Rico 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 send money to Puerto Rico from Malawi?

Finding the cheapest way to send money from Malawi to Puerto Rico might not be that easy given the umpteen choices available. You have to look at various parameters like exchange rates and fees to determine if the cost of one money transfer operator is less than that of another or not.

It may also be tempting to use some of the traditional funds transfer services like foreign currency exchanges or operators located in shopping malls, grocery stores and other local outlets. While you can certainly transfer MWK to USD via these channels, they may not be the most economical way to send money internationally. Typically, brick and mortar services charge higher fees and may also provide lower rates. All this contributes to making your foreign exchange transfer more expensive.

Online money transfers tend to be more cost effective, and RemitFinder provides you quite a number of good choices to ensure you are able to get optimum Malawi to Puerto Rico exchange rate. Many of our partners also provide promotions and offers that are exclusive to our customers; availing these will definitely reduce the cost of your foreign exchange transaction further.


Should I use my bank to transfer money from Malawi to Puerto Rico?

Bank transfers have been a traditionally popular way to send money overseas from Malawi to Puerto Rico. 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 Puerto Rico 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.


How to send money to Puerto Rico from Malawi fast?

If you need to convert MWK to USD 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 Puerto Rico 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 United States Dollar 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 Puerto Rico.

With so many choices available, make sure to compare various forex operators that enable you to remit money from Malawi to Puerto Rico. 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 transfer money to Puerto Rico from Malawi?

Malawi to Puerto Rico 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 Puerto Rico 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 United States 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 Puerto Rico

The first step to send money to Puerto Rico 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 Puerto Rico 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 Puerto Rico!

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 Puerto Rico.