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

Compare today's NZD to MWK (New Zealand Dollar to Malawian Kwacha) exchange rates

New Zealand
Malawi
NZD
Interbank Exchange Rate: 1 NZD = 987.2705 MWK
Updated about an hour ago

Found 3 Remittance Service Providers

REMITLY
Read more about Remitly
(*)★★ (*)★★ (*)★★ (*)★★ ( )★★
1000 NZD =
1 005 630.00 MWK
Transfer Limit (NZD): 0 - 20000
Locked-In Rate1 NZD = 1,005.6300 MWK

📢 Special exchange rate applied for first transfer
airwallex
Read more about Airwallex
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NZD =
977 564.80 MWK
Transfer Limit (NZD): No Limits
Indicative Rate1 NZD = 977.5648 MWK

📢 B2B transfers only
RIAMONEYTX
Read more about Ria Money Transfer
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 NZD =
959 130.00 MWK
Transfer Limit (NZD): 1 - 20000
Locked-In Rate1 NZD = 959.1300 MWK

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 New Zealand Dollar to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from New Zealand to Malawi. Send money overseas to your loved ones by comparing New Zealand Dollar (NZD) 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 3 money transfer operators to get you the best FX rates to send money from New Zealand to Malawi.

The best rate to send Malawian Kwacha from New Zealand Dollar to your loved ones in Malawi is currently offered by Remitly; their 1 NZD to MWK exchange rate today is 1,005.6300.

Airwallex offers the next most competitive New Zealand Dollar to Malawian Kwacha exchange rate today (currently 1 NZD = 977.5648 MWK).

Were you looking to send money from Malawi to New Zealand instead?

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.

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.


Latest NZD to MWK Conversion Rates

Here are some latest NZD to MWK (New Zealand Dollar to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 NZD987.27 MWK
5 NZD4,936.35 MWK
10 NZD9,872.71 MWK
25 NZD24,681.76 MWK
50 NZD49,363.53 MWK
100 NZD98,727.05 MWK
150 NZD148,090.57 MWK
200 NZD197,454.10 MWK
250 NZD246,817.63 MWK
300 NZD296,181.15 MWK
400 NZD394,908.20 MWK
500 NZD493,635.25 MWK
600 NZD592,362.30 MWK
700 NZD691,089.35 MWK
800 NZD789,816.40 MWK
1,000 NZD987,270.50 MWK
1,500 NZD1,480,905.75 MWK
2,000 NZD1,974,541.00 MWK
2,500 NZD2,468,176.25 MWK
3,000 NZD2,961,811.50 MWK
4,000 NZD3,949,082.00 MWK
5,000 NZD4,936,352.50 MWK
10,000 NZD9,872,705.00 MWK
15,000 NZD14,809,057.50 MWK
20,000 NZD19,745,410.00 MWK
30,000 NZD29,618,115.00 MWK
40,000 NZD39,490,820.00 MWK
50,000 NZD49,363,525.00 MWK
100,000 NZD98,727,050.00 MWK

*Based on the Interbank Exchange Rate. Actual payout may vary based on the chosen money transfer provider.


What's the best way to transfer money from New Zealand to Malawi?

Sending money internationally to Malawi from New Zealand can be a challenging task given so many companies willing to move your money overseas. You can rely on RemitFinder to choose the best provider who can offer the most value while ensuring safety and security at the same time.

Our money transfer comparison engine does a real time comparison of exchange rates from various foreign exchange providers to bring you the best choices for your New Zealand Dollar to MWK remittances.

Every company listed on our platform has been fully vetted by our team to ensure you get access to safe, secure and reliable providers to help you send money to Malawi. Our partners also provide exclusive offers and discounts to our customers so they can save even more on their next money transfer. You can take advantage of these promotions so your loved ones back home get the maximum amount in Malawian Kwacha.


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

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 Malawi.

The RemitFinder comparison platform compares several forex service providers so you can get the maximum return on your New Zealand to Malawi 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 NZD to Malawian Kwacha 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 from New Zealand to Malawi?

When you want to send money to Malawi from New Zealand, 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 NZD 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 New Zealand 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 New Zealand 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.


How to send money to Malawi from New Zealand through a bank?

There are two distinct ways that banks make money on international funds transfers. First, by charging steep transaction fees, and second, by providing a low NZD to MWK exchange rate. Sometimes, the actual transaction fee may not be that high, but the rate may be much lower, which essentially means a hidden fee as the cost of the transfer for you still goes up.

Since your obvious goal is to make the most of your hard earned money, you would want to ensure that the receiver of your money gets the maximum amount. One simple way to achieve this is by minimizing the fees on New Zealand to Malawi money you send. And, generally, you will not get low fees with banks. Hence, we recommend relying on our real time online money transfer comparison tool to ensure you can compare many options.

Most of the remittance companies today offer bank to bank transfers for sending money to Malawi from New Zealand. They do this by letting you fund your transaction through your local bank account in New Zealand, and by allowing you to choose the payout to be your recipient's bank account in Malawi. But, you are likely to get much better rates and lower fees compared to your bank.


How to send money from New Zealand to Malawi fast?

It could be a stressful experience if you need to rush money quickly from New Zealand to Malawi. How do you decide which option to pick to ensure your funds arrive at the destination in the fastest possible way?

First, you should ensure that you are picking the right payment method to convert NZD to MWK. Most remittance companies will allow you to pay by cash, with credit or debit cards, via a direct bank transfer, through a wire transfer, and so on. Digital payment methods like wire transfers and bank transfers will certainly delay your transaction as compared to cash payments.

Similarly, on the receiving side, your recipient also has multiple options to collect their monies in Malawian Kwacha. The payout choices generally include cash pickup, direct bank transfer, loading up a mobile wallet, and mobile airtime top up. If transaction speed is important, you could choose cash pickup if the receiver can access a close by pickup location. Just be aware that the exchange rate on cash transactions may not be the best, and there is risk in handling cash, especially for larger amounts. Otherwise, a mobile airtime top up or a bank deposit may be the next fastest possible ways unless there are bank holidays going on.

Foreign exchange transaction speed also depends on some additional factors like transfer amount, compliance and regulatory processes and vary from provider to provider. Check out our remittance guide to answer any questions you may have on how remittances work in general, and what factors affect the speed of your New Zealand to Malawi money transfers.


Which are the best money transfer companies to send money to Malawi from New Zealand?

The first step in selecting the best money transfer operators for New Zealand 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 New Zealand 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 from New Zealand to Malawi

The first step to send money to Malawi from New Zealand 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 NZD to MWK 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 Malawi if paying via ACH direct deposit or bank transfer.
  • Enter your sending amount, and initiate a transaction.
  • Pay for your transaction via your New Zealand bank account or alternative methods like a debit card.
  • Sit back and relax, and see your money travel to Malawi!

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 New Zealand to Malawi.