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

Compare today's EUR to MWK (Euro to Malawian Kwacha) exchange rates

Spain
Malawi
EUR
Interbank Exchange Rate: 1 EUR = 2,012.7686 MWK
Updated about an hour ago

Found 5 Remittance Service Providers

(*)(*)(*)(*)( )
1000 EUR =
2 819 588.20 MWK
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 2,819.5882 MWK

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)( )
1000 EUR =
2 805 450.00 MWK
Transfer Limit (EUR): 0 - 20000
Locked-In Rate1 EUR = 2,805.4500 MWK

📢 Special exchange rate applied for first transfer
(*)(*)(*)(*)(*)
1000 EUR =
2 031 325.60 MWK
Transfer Limit (EUR): No Limits
Locked-In Rate1 EUR = 2,031.3256 MWK
(*)(*)(*)( )( )
1000 EUR =
1 986 620.00 MWK
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 1,986.6200 MWK

📢 New! Cash pickup available
(*)(*)(*)(*)(*)
1000 EUR =
1 981 672.40 MWK
Transfer Limit (EUR): No Limits
Indicative Rate1 EUR = 1,981.6724 MWK

📢 B2B transfers only
2 Remit Service Providers did not match the search criteria.
(*)(*)( )( )( )
1000 EUR =
4 649 121.60 MWK
Transfer Limit (EUR): 12 - 161.3208
Indicative Rate1 EUR = 4,649.1216 MWK
( )( )( )( )( )
1000 EUR =
4 623 551.40 MWK
Transfer Limit (EUR): 12 - 162.213
Indicative Rate1 EUR = 4,623.5514 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 Euro to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Spain to Malawi. Send money overseas to your loved ones by comparing Euro (EUR) 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 5 money transfer operators to get you the best FX rates to send money from Spain to Malawi.

The best rate to send Malawian Kwacha from Euro to your loved ones in Malawi is currently offered by WorldRemit; their 1 EUR to MWK exchange rate today is 2,819.5882.

Remitly offers the next most competitive Euro to Malawian Kwacha exchange rate today (currently 1 EUR = 2,805.4500 MWK).

Two other competitive providers for sending money from Spain to Malawi are Western Union and XE Money Transfer.

Were you looking to send money from Malawi to Spain 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 EUR to MWK Conversion Rates

Here are some latest EUR to MWK (Euro to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 EUR2,012.77 MWK
5 EUR10,063.84 MWK
10 EUR20,127.69 MWK
25 EUR50,319.22 MWK
50 EUR100,638.43 MWK
100 EUR201,276.86 MWK
150 EUR301,915.29 MWK
200 EUR402,553.72 MWK
250 EUR503,192.15 MWK
300 EUR603,830.58 MWK
400 EUR805,107.44 MWK
500 EUR1,006,384.30 MWK
600 EUR1,207,661.16 MWK
700 EUR1,408,938.02 MWK
800 EUR1,610,214.88 MWK
1,000 EUR2,012,768.60 MWK
1,500 EUR3,019,152.90 MWK
2,000 EUR4,025,537.20 MWK
2,500 EUR5,031,921.50 MWK
3,000 EUR6,038,305.80 MWK
4,000 EUR8,051,074.40 MWK
5,000 EUR10,063,843.00 MWK
10,000 EUR20,127,686.00 MWK
15,000 EUR30,191,529.00 MWK
20,000 EUR40,255,372.00 MWK
30,000 EUR60,383,058.00 MWK
40,000 EUR80,510,744.00 MWK
50,000 EUR100,638,430.00 MWK
100,000 EUR201,276,860.00 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 to Malawi from Spain?

It can be very confusing when sending money from Spain to Malawi given so many choices. Additionally, Euro 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 Spain 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 Spain. 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 Euro to Malawian Kwacha remittances.


How to get the best exchange rate for sending money from Spain to Malawi?

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 EUR to Malawian Kwacha 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 Spain to Malawi. 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 EUR to MWK remittances. With our daily free rate alert, you will never have to manually search and compare providers again.


What's the cheapest way for transferring money to Malawi from Spain?

One of the most important things to watch out for is hidden fees when sending money to Malawi from Spain. 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 Malawi using your bank, you are most likely paying high fees. You may also not be getting the best exchange rate on your Malawian Kwacha foreign exchange transaction.

RemitFinder partners with many money transfer companies that provide you with cheap options to ensure you get the best EUR to Malawi 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 Malawi from Spain.


How to send money from Spain to Malawi 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 EUR 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 Spain 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 Spain. They do this by letting you fund your transaction through your local bank account in Spain, 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 to Malawi from Spain fast?

The first thing to do when you need to convert EUR to MWK quickly is to compare various banks, foreign exchange companies and remittance service providers to see which ones can meet your transaction timing requirements. Once you identify the right provider, it's easy to do the actual transaction.

The harder part might be how to identify which providers can execute fast funds transfers between Euro and Malawian Kwacha. While every company may have variations in how fast they will finish your money transfer, there are some general guidelines that may help you identify the fastest provider. For example, how you fund your transfer will have a direct impact on transaction speed. Similarly, if your recipient has to pick up cash from a far away location, or there are bank holidays going on, it may take longer for your funds to arrive.

To help demystify the unknowns in the end to end Spain to Malawi remittance process, you can study this detailed guide to money transfers. Awareness of all the intricacies of overseas funds transfers will help you make the right decisions to realize the fastest possible choices to send money to Malawi.


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

Spain to Malawi money transfer space is highly competitive, and there are numerous remittance service providers competing for your business. Given that, how do you ensure you are choosing the best company when you send money overseas?

To be able to make an informed decision, the first thing you would want to do is to be aware of your selection criteria. For example, do you need the money to reach Malawi as fast as possible? Are you sending a small or large amount? Do you prefer fixed exchange rates or are comfortable with indicative rates? And so on. Honing your preferences will help you decide which remittance company to go with.

Once you have defined your parameters, selecting the best Euro to Malawian Kwacha money transfers is easy. Simply punch in your country combination on RemitFinder, and compare numerous companies quickly to be able to select the ones that match your preferences.


Step by step guide to send money from Spain to Malawi

There are many important aspects of Spain 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 - Spain 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 Euro amount you want to send from Spain.
  • 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.