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

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

Marshall Islands
Malawi
USD

Interbank Exchange Rate: 1 USD = 1,728.3282 MWK
Updated about an hour ago

Found 2 Remittance Service Providers

XEMONEYTX
Read more about XE Money Transfer
(*)★★ (*)★★ (*)★★ ( )★★ ( )★★
1000 USD =
1 722 250.00 MWK
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 1,722.2500 MWK
Refer a friend to earn USD 25

📢 New! Cash pickup available
airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
1 710 677.20 MWK
Transfer Limit (USD): No Limits
Indicative Rate1 USD = 1,710.6772 MWK

📢 B2B transfers only

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 US Dollar to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Marshall Islands to Malawi. Send money overseas to your loved ones by comparing US Dollar (USD) to Malawian Kwacha (MWK) 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 2 money transfer operators to get you the best FX rates to send money from Marshall Islands to Malawi.

The best rate to send Malawian Kwacha from US Dollar to your loved ones in Malawi is currently offered by XE Money Transfer; their 1 USD to MWK exchange rate today is 1,722.2500.

Airwallex offers the next most competitive US Dollar to Malawian Kwacha exchange rate today (currently 1 USD = 1,710.6772 MWK).

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 Marshall Islands.

Were you looking to send money from Malawi to Marshall Islands 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 USD to MWK Conversion Rates

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

1 USD1,728.33 MWK
5 USD8,641.64 MWK
10 USD17,283.28 MWK
25 USD43,208.21 MWK
50 USD86,416.41 MWK
100 USD172,832.82 MWK
150 USD259,249.23 MWK
200 USD345,665.64 MWK
250 USD432,082.05 MWK
300 USD518,498.46 MWK
400 USD691,331.28 MWK
500 USD864,164.10 MWK
600 USD1,036,996.92 MWK
700 USD1,209,829.74 MWK
800 USD1,382,662.56 MWK
1,000 USD1,728,328.20 MWK
1,500 USD2,592,492.30 MWK
2,000 USD3,456,656.40 MWK
2,500 USD4,320,820.50 MWK
3,000 USD5,184,984.60 MWK
4,000 USD6,913,312.80 MWK
5,000 USD8,641,641.00 MWK
10,000 USD17,283,282.00 MWK
15,000 USD25,924,923.00 MWK
20,000 USD34,566,564.00 MWK
30,000 USD51,849,846.00 MWK
40,000 USD69,133,128.00 MWK
50,000 USD86,416,410.00 MWK
100,000 USD172,832,820.00 MWK

*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 from Marshall Islands to Malawi?

There are many good choices when it comes to sending money from Marshall Islands to Malawi. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your United States Dollar to MWK money transfers.

We compare different remittance companies to bring you the best options to send money to Malawi from Marshall Islands. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your United States Dollar to Malawian Kwacha money transfers. You can take advantage of these deals and make the most of your hard earned money.


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

With ever changing remittance exchange rates, and umpteen new companies and startups to send money abroad coming up, it may seem hard at first to decide when to send money and which company to choose from for your Marshall Islands to Malawi transfers.

RemitFinder provides a single place to compare many options so you can quickly and easily decide who to go with. Compare various banks, foreign exchange specialists, Fintech startups, remittance service providers, multi currency bank accounts and others in a single view to maximize the return on your USD to Malawian Kwacha international money transfers.

To help save your precious time and hard earned money, we also created the RemitFinder exchange rate alert. This is a totally free notification that will keep you updated daily on the latest United States Dollar to Malawian Kwacha exchange rates and ongoing deals and promotions. You can sign up for our rate alert and start saving now.


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

While there are numerous ways to send money overseas, many come with steep fees and hidden charges that will make a big dent in your hard earned money. For example, if you send money from Marshall Islands to Malawi via a bank, you will typically get charged high wire transfer fees. Often, both the sender and the recipient have to pay high fees for bank wire transfers.

A sure way to find the most cost effective way for United States Dollar to Malawian Kwacha remittances is to compare various foreign exchange operators out there. But, doing this manually is hard and time consuming. You may miss out on great rates from other providers that you may not even be aware of. This is especially relevant given the explosion of Fintech startups operating in the international money transfer arena.

Use RemitFinder to compare numerous remittance service providers in a single screen to easily see which companies are good at what and meet your selection criteria for getting the best Marshall Islands to Malawi exchange rate.

Another sure shot way to reduce your cost and maximize the return on your money is to take advantage of deals and discounts our partners provide to RemitFinder users like you. We are constantly adding new providers, so make sure to regularly check in to see which money transfer options are the cheapest for USD to MWK remittances.


Should I use my bank to send money from Marshall Islands to Malawi?

Bank transfers have been a traditionally popular way to send money overseas from Marshall Islands to Malawi. 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 USD to MWK 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 Marshall Islands bank for your Malawi 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 do a money transfer to Malawi from Marshall Islands?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Marshall Islands to Malawi. 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 USD to MWK 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 United States Dollar amount reaching Malawi. 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 Malawian Kwacha quickly to Malawi, 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 send money to Malawi from Marshall Islands?

The first step in selecting the best money transfer operators for Marshall Islands to Malawi 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 United States Dollar to Malawian Kwacha 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 Malawi.


Step by step guide to send money to Malawi from Marshall Islands

Follow the below easy steps to send money to Malawi from Marshall Islands.

  • If you are sending money for the first time with a provider, register an account with them. You will likely get a validation email, and optionally a validation text on your mobile as well. This ensures that it is indeed you who is creating your account.
  • You will also need to provide your national ID with a photo, and proof of address. Providing this information ensures the security of your account and helps in fraud prevention.
  • Add your payment method - this is how you pay for your transfer. Generally, you would want to use your Marshall Islands bank account to fund your transaction.
  • Add your recipient - provide details about who will receive the funds (can also be your own account in Malawi).
  • Specify delivery method - specify how the recipient will get the proceeds. Choosing a bank account is usually the best, if one is available.
  • Add the transfer amount and start the transaction.

The provider will then work on your USD to MWK remittance, and you should not have any additional action to take. Keep an eye on your email inbox as you should get notified about the progress of your transaction.

Whilst it's fairly straightforward to make an actual foreign exchange transaction online, the harder part may be choosing the right company for your overseas bank transfer. This is where you can rely on RemitFinder's expertise in the money transfer space to help you select the best remittance provider.