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Compare today's UYU to MWK (Uruguayan Peso to Malawian Kwacha) exchange rates

Uruguay
Malawi
UYU

Interbank Exchange Rate: 1 UYU = 44.9608 MWK
Updated about an hour ago

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All you need to know about Uruguayan Peso to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Uruguay to Malawi. Send money overseas to your loved ones by comparing Uruguayan Peso (UYU) 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.

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 Uruguay.

Were you looking to send money from Malawi to Uruguay 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 UYU to MWK Conversion Rates

Here are some latest UYU to MWK (Uruguayan Peso to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 UYU44.96 MWK
5 UYU224.80 MWK
10 UYU449.61 MWK
25 UYU1,124.02 MWK
50 UYU2,248.04 MWK
100 UYU4,496.08 MWK
150 UYU6,744.12 MWK
200 UYU8,992.16 MWK
250 UYU11,240.20 MWK
300 UYU13,488.24 MWK
400 UYU17,984.32 MWK
500 UYU22,480.40 MWK
600 UYU26,976.48 MWK
700 UYU31,472.56 MWK
800 UYU35,968.64 MWK
1,000 UYU44,960.80 MWK
1,500 UYU67,441.20 MWK
2,000 UYU89,921.60 MWK
2,500 UYU112,402.00 MWK
3,000 UYU134,882.40 MWK
4,000 UYU179,843.20 MWK
5,000 UYU224,804.00 MWK
10,000 UYU449,608.00 MWK
15,000 UYU674,412.00 MWK
20,000 UYU899,216.00 MWK
30,000 UYU1,348,824.00 MWK
40,000 UYU1,798,432.00 MWK
50,000 UYU2,248,040.00 MWK
100,000 UYU4,496,080.00 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 Uruguay to Malawi?

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


How to get the best exchange rate for sending money from Uruguay 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 Uruguay.

At RemitFinder, we have tried to solve this exact problem - how to give you access to good choices for your UYU 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 UYU 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 for transferring money to Malawi from Uruguay?

The final amount your recipient gets when you send UYU to MWK is the most important number that matters. In other words, you should try to minimize the impact of fees and other hidden charges (bad exchange rate is one of them) to achieve the most cost effective cross border remittance.

Before the dawn of the modern internet era, traditional methods to send money from Uruguay to Malawi used to be banks, and small, local remittance players located in retail outlets and convenience stores. Unfortunately, all these options entail high fees and often provide low exchange rates - this results in an expensive money transfer whereby a big chunk of your hard earned money does not reach your recipient.

A great way to find the cheapest options to send Malawian Kwacha is by comparing numerous foreign exchange operators and service providers on RemitFinder. By eliminating the process of manually searching and comparing various companies, you can easily compare all your options in one place, thereby saving time and money. This way, you can get the best Uruguayan Peso to Malawi exchange rate. Further savings can be realized by utilizing many exclusive offers and promotions from our partners. These deals can help lower the cost of a money transfer even more, thereby giving you a higher return.


How to send money to Malawi from Uruguay through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Uruguay 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 UYU 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 Uruguay 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 Uruguay?

If you need to convert UYU to MWK 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 Uruguay to Malawi 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 Uruguayan Peso to Malawian Kwacha 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 Malawi.

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

The definition of "best" is very personal for everyone. It may even vary from one transaction to the next depending on various factors involved. When it comes to sending money from Uruguay to Malawi, we can help you in choosing the best provider.

There are several key points you would want to check for; these include, but are not limited to, the best Uruguayan Peso to Malawian Kwacha exchange rate, transfer amount limits, transaction fees, transfer speed, variety of payment and delivery methods available, fixed vs indicative rate, and availability of any deals and promotions.

After you see the initial list of remittance companies we present you with, use the above criteria to fine tune your choices. That way, you can see which providers are a better fit for the requirements of your MWK money transfers to Malawi. Keep an open mind as it is very much possible that different providers suit different transfer scenarios better than others.

Finally, you should definitely take into account any ongoing promotions from these providers. Offers and discounts will lower your cost to make the money transfer and result in your recipient in Malawi getting more money for every Uruguayan Peso you send.


Step by step guide to send money from Uruguay to Malawi

Follow the below easy steps to send money to Malawi from Uruguay.

  • 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 Uruguay 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 UYU 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.