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

Micronesia
Malawi
USD

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

Found 1 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

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 Micronesia 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 1 money transfer operators to get you the best FX rates to send money from Micronesia 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.

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 Micronesia.

Were you looking to send money from Malawi to Micronesia 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 Micronesia to Malawi?

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


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

Just like the cryptocurrency market, the foreign exchange market is constantly fluctuating. On top of that, there are so many new service providers on the global remittance landscape. This may make it hard for remitters to find the best ways to send money to Malawi from Micronesia.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your USD to Malawian Kwacha remittances. We do all the hard work to search and compare numerous multi currency banks, foreign exchange services, remittance service providers, etc., to ensure you can use the best possible vehicles to send money overseas.

You can also register for our daily rate alert to stay aware of the latest exchange rates for USD to MWK remittances. Our rate alert is totally free, and is a great way to save your previous time and make the most of your hard earned money. We do the hard work so you do not have to manually search and compare money transfer companies.


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

When you want to send money to Malawi from Micronesia, you obviously want the cheapest possible option to maximize the money your recipient gets in Malawian Kwacha. 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 USD to MWK 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 Micronesia to Malawi. 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 Micronesia to Malawi 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 Malawian Kwacha overseas.


Should I use my bank to send money from Micronesia to Malawi?

Bank transfers have been a traditionally popular way to send money overseas from Micronesia 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 Micronesia 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.


How to send money from Micronesia to Malawi fast?

How fast your money arrives at its destination is one of the key factors to consider when sending funds internationally from Micronesia 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 from Micronesia to Malawi?

Since the United States Dollar to Malawian Kwacha 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 Micronesia that may also be able to send money to Malawi. 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 USD to MWK money transfers, we also source exclusive coupons and promotions from various remittance providers. This will increase the final amount your recipient in Malawi gets, so make sure to factor in deals as a part of your decision making process to select the best provider for your next Micronesia to Malawi transaction.


Step by step guide to send money from Micronesia to Malawi

There are many important aspects of Micronesia to Malawi 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 - Micronesia 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 MWK 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 United States Dollar amount you want to send from Micronesia.
  • 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.

From this point on, the remittance company will keep you posted on the progress of your transaction. Be sure to check with your recipient in Malawi to validate that they get the money once the transaction clears.