Send money overseas with Bancoli to take advantage of bank-beating exchange rates

Compare today's MWK to UGX (Malawian Kwacha to Ugandan Shilling) exchange rates

Malawi
Uganda
MWK

Interbank Exchange Rate: 1 MWK = 2.0476 UGX
Updated about an hour ago

Found 1 Remittance Service Providers

mukuru
Read more about Mukuru
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 MWK =
978.40 UGX
Transfer Limit (MWK): 1 - 15000
Locked-In Rate1 MWK = 0.9784 UGX

If you are making international business money transfers or payments, RemitFinder can assist by matching you with the best options to suit your unique business needs. Get in touch now to see how we can help protect your business revenue by getting you higher exchange rates and lower transfer fees on international business FX.





All you need to know about Malawian Kwacha to Ugandan Shilling money transfers

Easily compare money transfer providers in one place to send money from Malawi to Uganda. Send money overseas to your loved ones by comparing Malawian Kwacha (MWK) to Ugandan Shilling (UGX) 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.

RemitFinder compared 1 money transfer operators to get you the best FX rates to send money from Malawi to Uganda.

The best rate to send Ugandan Shilling from Malawian Kwacha to your loved ones in Uganda is currently offered by Mukuru; their 1 MWK to UGX exchange rate today is 0.9784.

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 Uganda 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 UGX Conversion Rates

Here are some latest MWK to UGX (Malawian Kwacha to Ugandan Shilling) exchange rates for popular conversion amounts*.

1 MWK2.05 UGX
5 MWK10.24 UGX
10 MWK20.48 UGX
25 MWK51.19 UGX
50 MWK102.38 UGX
100 MWK204.76 UGX
150 MWK307.14 UGX
200 MWK409.52 UGX
250 MWK511.90 UGX
300 MWK614.28 UGX
400 MWK819.04 UGX
500 MWK1,023.80 UGX
600 MWK1,228.56 UGX
700 MWK1,433.32 UGX
800 MWK1,638.08 UGX
1,000 MWK2,047.60 UGX
1,500 MWK3,071.40 UGX
2,000 MWK4,095.20 UGX
2,500 MWK5,119.00 UGX
3,000 MWK6,142.80 UGX
4,000 MWK8,190.40 UGX
5,000 MWK10,238.00 UGX
10,000 MWK20,476.00 UGX
15,000 MWK30,714.00 UGX
20,000 MWK40,952.00 UGX
30,000 MWK61,428.00 UGX
40,000 MWK81,904.00 UGX
50,000 MWK102,380.00 UGX
100,000 MWK204,760.00 UGX

*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 Uganda 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 Uganda. 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 UGX.

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 UGX in Uganda. 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 Uganda from Malawi. We provide you with maximum choices to send money to Uganda 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 Uganda?

When sending money overseas, there are a lot of options at your disposal these days. All of them come with various caveats that may include exchange rates, fees, transaction processing time, security and privacy, and so on. RemitFinder helps you to decide which foreign exchange operator to pick for your MWK to Ugandan Shilling money transfer.

Our real time remittance comparison engine compares numerous banks, FX providers, remittance companies, multi currency bank accounts, etc. and presents you with the best options for sending money from Malawi to Uganda. We carefully select providers to give you the best choices for sending money internationally.

Additionally, you can sign up for the free rate alert to always stay updated with the best rates and promotions for MWK to UGX remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


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

When you want to send money to Uganda from Malawi, you obviously want the cheapest possible option to maximize the money your recipient gets in Ugandan Shilling. Transaction speed, security and privacy concerns notwithstanding, your biggest lever to make the most of your hard earned money is relying on the cheapest ways to do your MWK to UGX money transfers.

Some of the traditional ways to send money may not be the cheapest options available. For example, a particular company may seem like a convenient way to do international funds transfers from Malawi to Uganda. But it is entirely possible that you may end up paying high fees as well as get sub optimal exchange rate on your foreign currency transaction.

That is why it is very useful to rely on the RemitFinder remittance comparison platform to see what are the cheapest money transfer options for getting the best Malawi to Uganda exchange rate. You also get access to many promotions and discounts from our partners; these offers help to reduce your cost and may be a major differentiator in helping you choose the most cost effective way to send Ugandan Shilling overseas.


Should I use my bank to transfer money from Malawi to Uganda?

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 Uganda 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 UGX transfers.

Given this, there are umpteen additional options to send money to Uganda 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 Uganda gets the maximum amount.


How to send money from Malawi to Uganda fast?

If you need to convert MWK to UGX 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 Uganda 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 Ugandan Shilling 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 Uganda.

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

The first step in selecting the best money transfer operators for Malawi to Uganda remittances is to have a list of potential companies that you could use. You can rely on RemitFinder for giving you several good options to start with. Simply give us your sending and receiving countries, and we will present numerous providers for you to easily compare.

The next part in deciding which provider to go with would depend on what you are looking for. There are many parameters on which these companies can be compared against each other, and it all depends on your preferences. For example, are you looking for low or 0 fees, the highest rate, quick transfer speed, etc.

Another factor that may help you decide which provider to go with would be any coupons and deals available for Malawian Kwacha to Ugandan Shilling money transfers. Availing promotions is a sure shot way to help reduce your cost, and should be part of the criteria to decide which are your top candidates for sending money to Uganda.


Step by step guide to transfer money to Uganda from Malawi

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Malawi to Uganda, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Malawi to Uganda that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Uganda where they can receive monies in Ugandan Shilling.
  • Then, provide details of your Malawi bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your MWK travel to another part of the globe.