Compare today's MWK to SGD (Malawian Kwacha to Singapore Dollar) exchange rates
Interbank Exchange Rate: 1 MWK = 0.0008 SGD
Updated about an hour ago
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All you need to know about Malawian Kwacha to Singapore Dollar money transfers
Easily compare money transfer providers in one place to send money from Malawi to Singapore. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to Singapore Dollar (SGD) 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 SGD Conversion Rates
Here are some latest MWK to SGD (Malawian Kwacha to Singapore Dollar) exchange rates for popular conversion amounts*.
| 1 MWK | 0.00 SGD |
| 5 MWK | 0.00 SGD |
| 10 MWK | 0.01 SGD |
| 25 MWK | 0.02 SGD |
| 50 MWK | 0.04 SGD |
| 100 MWK | 0.08 SGD |
| 150 MWK | 0.12 SGD |
| 200 MWK | 0.16 SGD |
| 250 MWK | 0.20 SGD |
| 300 MWK | 0.24 SGD |
| 400 MWK | 0.32 SGD |
| 500 MWK | 0.40 SGD |
| 600 MWK | 0.48 SGD |
| 700 MWK | 0.56 SGD |
| 800 MWK | 0.64 SGD |
| 1,000 MWK | 0.80 SGD |
| 1,500 MWK | 1.20 SGD |
| 2,000 MWK | 1.60 SGD |
| 2,500 MWK | 2.00 SGD |
| 3,000 MWK | 2.40 SGD |
| 4,000 MWK | 3.20 SGD |
| 5,000 MWK | 4.00 SGD |
| 10,000 MWK | 8.00 SGD |
| 15,000 MWK | 12.00 SGD |
| 20,000 MWK | 16.00 SGD |
| 30,000 MWK | 24.00 SGD |
| 40,000 MWK | 32.00 SGD |
| 50,000 MWK | 40.00 SGD |
| 100,000 MWK | 80.00 SGD |
*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 Singapore money transfers?
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 Singapore. 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 SGD.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 SGD in Singapore. 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 Singapore from Malawi. We provide you with maximum choices to send money to Singapore by comparing competing money transfer companies thereby making you the winner in the end.
How to get the best exchange rate for sending money from Malawi to Singapore?
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 Singapore.The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your Malawi to Singapore 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 Singapore 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 Singapore from Malawi?
One of the most important things to watch out for is hidden fees when sending money to Singapore from Malawi. Most of the time, you will get ripped off if you have no choice, or very few choices. For instance, if you send money to Singapore using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Singapore Dollar foreign exchange transaction.RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best MWK to Singapore exchange rate. The more choices you have, the better yield you get. This is because you can get creative with exchange rates and fees to determine the cheapest option for you. For instance, one company may be giving a very high rate but charging a steep fee as well, while another provider may have a slightly lower rate, but 0 fee. All of this also depends on how much amount you send. It is very much possible that as the transaction amount varies, one money transfer operator gives a better return than the other, and vice versa.
Our partners also provide our customers with many offers and promotions. These could be seasonal (around key holidays and festivals) or ongoing. Making use of these deals will further reduce your cost, and help ensure you use the cheapest way to send money to Singapore from Malawi.
How to send money from Malawi to Singapore through a bank?
One of the first thoughts that may come to your mind when sending money overseas could be to rely on your bank to execute your Malawi to Singapore money transfer transaction. While there is convenience involved in using your bank (after all, you have an account with your bank already, and could even initiate the transfer from the comfort of your home using mobile banking), it is advisable to compare some other options as well.With the increased penetration of the internet into our lives, a lot of financial transactions have also moved online. For example, we pay our bills, buy all types of commodities, book our vacation, and enjoy all types of entertainment over the internet. It is, therefore, no surprise that the global remittance ecosystem also has a significant digital footprint. Especially for a popular market like MWK to SGD transfers.
Given this, there are umpteen additional options to send money to Singapore instead of just your Malawi bank. It is very likely that many money transfer companies are offering better exchange rates compared to your bank, as well as potentially lower fees. If that is the case, you could maximize the value of your Malawian Kwacha even more so that your recipient in Singapore gets the maximum amount.
What is the fastest way to transfer money from Malawi to Singapore?
How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Malawi to Singapore. This is especially relevant if you are up against time and need to send money urgently. Every once in a while, we all get into that situation, so it's good to be aware of what to do.To help you convert MWK to SGD fast, we recommend reading up on our "all you need to know about remittances" guide. This is a comprehensive document that will help you understand so many factors that affect the speed of your money transfers, and therefore, pick the providers that can execute your transaction fastest.
If speed were the only factor to consider, and sometimes it is for emergency needs, cash transfers may be your best bet as there are no bank to bank transactions involved which will certainly introduce a lag in your Malawian Kwacha amount reaching Singapore. On the flip side, carrying cash is risky. Additionally, cash transactions go with a lower exchange rate; this helps providers cover the expenses needed to maintain physical office locations needed to process cash.
Hopefully, you do not find yourself in a crisis where you have to rush Singapore Dollar quickly to Singapore, but in case you do, now you know how to evaluate various funds transfer operators to choose the fastest one.
Which are the best money transfer companies to transfer money to Singapore from Malawi?
Since the Malawian Kwacha to Singapore 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 Singapore. 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 SGD money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Singapore 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 Singapore transaction.
Step by step guide to send money to Singapore from Malawi
There are many important aspects of Malawi to Singapore 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 SGD 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.