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Compare today's UZS to MWK (Uzbekistani Som to Malawian Kwacha) exchange rates

Uzbekistan
Malawi
UZS

Interbank Exchange Rate: 1 UZS = 0.1414 MWK
Updated about an hour ago

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All you need to know about Uzbekistani Som to Malawian Kwacha money transfers

Easily compare money transfer providers in one place to send money from Uzbekistan to Malawi. Send money overseas to your loved ones by comparing Uzbekistani Som (UZS) 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 Uzbekistan.

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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 UZS to MWK Conversion Rates

Here are some latest UZS to MWK (Uzbekistani Som to Malawian Kwacha) exchange rates for popular conversion amounts*.

1 UZS0.14 MWK
5 UZS0.71 MWK
10 UZS1.41 MWK
25 UZS3.54 MWK
50 UZS7.07 MWK
100 UZS14.14 MWK
150 UZS21.21 MWK
200 UZS28.28 MWK
250 UZS35.35 MWK
300 UZS42.42 MWK
400 UZS56.56 MWK
500 UZS70.70 MWK
600 UZS84.84 MWK
700 UZS98.98 MWK
800 UZS113.12 MWK
1,000 UZS141.40 MWK
1,500 UZS212.10 MWK
2,000 UZS282.80 MWK
2,500 UZS353.50 MWK
3,000 UZS424.20 MWK
4,000 UZS565.60 MWK
5,000 UZS707.00 MWK
10,000 UZS1,414.00 MWK
15,000 UZS2,121.00 MWK
20,000 UZS2,828.00 MWK
30,000 UZS4,242.00 MWK
40,000 UZS5,656.00 MWK
50,000 UZS7,070.00 MWK
100,000 UZS14,140.00 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 Uzbekistan to Malawi?

With the global remittance market booming, there are so many choices for Uzbekistani Som to MWK money transfers. To make it even more complicated, new Fintech companies keep entering the space, making it harder for remitters to decide which company to choose to send money overseas.

Our money transfer comparison engine does all the hard work for you by searching and comparing numerous companies that specialize in foreign exchange transactions, and picking the best ones for sending money to Malawi from Uzbekistan. This way, you do not have to manually search and compare these companies which is very time consuming. All remittance companies on our platform are established, secure providers that our expert team has selected.

We also provide you with attractive deals and promotions from our partners; these offers help you further maximize the final MWK amount that your recipient gets. We, along with our partners, work hard to provide you with the best discounts and offers that you can use when you send money internationally.


How to get the best remit rate for transferring money from Uzbekistan 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 Uzbekistan 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 UZS 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 for transferring money to Malawi from Uzbekistan?

The final amount your recipient gets when you send UZS 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 Uzbekistan 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 Uzbekistani Som 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 Uzbekistan through a bank?

Bank transfers have been a traditionally popular way to send money overseas from Uzbekistan 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 UZS 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 Uzbekistan 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 Uzbekistan to Malawi fast?

It could be a stressful experience if you need to rush money quickly from Uzbekistan 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 UZS 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 Uzbekistan to Malawi money transfers.


Which are the best money transfer companies to transfer money to Malawi from Uzbekistan?

Comparing money transfer companies for sending money to Malawi from Uzbekistan can be challenging, especially given the number of options out there. But, if you are armed with the right knowledge, it will help you make a more informed decision and, therefore, make the most of your hard earned money.

There are various areas you would want to inspect when evaluating these providers to gauge the best fit for sending money overseas to Malawi. How much do you want to send? Some companies deal with only small amounts, while others specialize in larger ones. Are you OK paying a fee for your Uzbekistani Som to Malawian Kwacha transfer or you will only go with 0 fees? How about exchange rates? Can you send money using non-fixed or indicative rates?

Once you start applying these conditions to the list of choices you see, you can start to eliminate companies that do not match any of your preferences. This will help fine tune the list to a small number. Finally, keep an eye on promotions and discounts as they will help maximize the Malawian Kwacha yield on every Uzbekistani Som that you send.


Step by step guide to do a money transfer from Uzbekistan to Malawi

The first step to send money to Malawi from Uzbekistan 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 UZS 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 Uzbekistan 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 Uzbekistan to Malawi.