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

Zimbabwe
Malawi
USD

Interbank Exchange Rate: 1 USD = 1,734.5519 MWK
Updated about an hour ago

Found 2 Remittance Service Providers

mukuru
Read more about Mukuru
(*)★★ (*)★★ (*)★★ (*)★★ (*)★★
1000 USD =
3 259 351.40 MWK
Transfer Limit (USD): 1 - 5000
Locked-In Rate1 USD = 3,259.3514 MWK
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 Zimbabwe 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 2 money transfer operators to get you the best FX rates to send money from Zimbabwe to Malawi.

The best rate to send Malawian Kwacha from US Dollar to your loved ones in Malawi is currently offered by Mukuru; their 1 USD to MWK exchange rate today is 3,259.3514.

XE Money Transfer offers the next most competitive US Dollar to Malawian Kwacha exchange rate today (currently 1 USD = 1,722.2500 MWK).

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 Zimbabwe.

Were you looking to send money from Malawi to Zimbabwe 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 USD1,734.55 MWK
5 USD8,672.76 MWK
10 USD17,345.52 MWK
25 USD43,363.80 MWK
50 USD86,727.60 MWK
100 USD173,455.19 MWK
150 USD260,182.79 MWK
200 USD346,910.38 MWK
250 USD433,637.98 MWK
300 USD520,365.57 MWK
400 USD693,820.76 MWK
500 USD867,275.95 MWK
600 USD1,040,731.14 MWK
700 USD1,214,186.33 MWK
800 USD1,387,641.52 MWK
1,000 USD1,734,551.90 MWK
1,500 USD2,601,827.85 MWK
2,000 USD3,469,103.80 MWK
2,500 USD4,336,379.75 MWK
3,000 USD5,203,655.70 MWK
4,000 USD6,938,207.60 MWK
5,000 USD8,672,759.50 MWK
10,000 USD17,345,519.00 MWK
15,000 USD26,018,278.50 MWK
20,000 USD34,691,038.00 MWK
30,000 USD52,036,557.00 MWK
40,000 USD69,382,076.00 MWK
50,000 USD86,727,595.00 MWK
100,000 USD173,455,190.00 MWK

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


What's the best way to do Zimbabwe to Malawi money transfers?

There are many good choices when it comes to sending money from Zimbabwe to Malawi. The RemitFinder remittance comparison engine compares many different remittance service providers to give you several options. You can easily compare these providers to get the best remit rates on your United States Dollar to MWK money transfers.

We compare different remittance companies to bring you the best options to send money to Malawi from Zimbabwe. All these companies are vetted by our team that has expertise in evaluating foreign exchange providers. Our trusted partners work hard to bring our customers the best rates so you benefit the most.

Additionally, we bring you access to exclusive deals and promotions from our partners. These offers will help you maximize the yield on your United States Dollar to Malawian Kwacha money transfers. You can take advantage of these deals and make the most of your hard earned money.


How to get the best remit rate for transferring money from Zimbabwe 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 USD 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 Zimbabwe 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 USD 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 to transfer money from Zimbabwe to Malawi?

The final amount your recipient gets when you send USD 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 Zimbabwe 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 United States Dollar 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 from Zimbabwe to Malawi through a bank?

We do not recommend using your local bank in Zimbabwe for your next USD to MWK overseas funds transfer. The reason for this is that banks are known to give you worse exchange rates and yet charge high foreign exchange fees. That is a double whammy that will make the transaction much more expensive for you.

That said, there may be circumstances you may want to consider your bank for your international funds transfer. For example, if you need to move a very large sum of money from Zimbabwe to Malawi (for property purchase, or any such high value transaction), and do not want smaller transactions. In such cases, be sure to carefully inspect all details of the remittance transaction that your bank offers you. You can use the RemitFinder remittance search engine to compare your bank's quote with many other money transfer companies to try to negotiate a better deal with your bank.

Notwithstanding any unique circumstances as above, you will generally save more by relying on online foreign exchange companies for sending MWK to Malawi. These companies will let you use your local bank account in Zimbabwe to pay for your Malawi money transfer, but will likely save you a lot of money by affording better rates and citing lower foreign exchange transaction fees.


What is the fastest way to do a money transfer to Malawi from Zimbabwe?

If you need to convert USD 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 Zimbabwe 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 United States Dollar 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 Zimbabwe 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 Zimbabwe to Malawi?

Zimbabwe 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 United States Dollar 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 Zimbabwe to Malawi

Sending money internationally is very common these days, especially given the large communities of expats living abroad. If you are one of them, and need to send money from Zimbabwe to Malawi, then please continue to read.

One of the hardest things in the foreign currency transaction world is to find the best company to move your money abroad. There are so many choices to remit funds from Zimbabwe to Malawi that you may feel a bit lost. This is where RemitFinder comes in. You can relax as we do all the hard work to search and compare numerous money transfer companies for you.

Once you identify your provider of choice, follow the below step by step guide to send money.

  • Provide your name, address, photo ID and other related information as part of the signup process. Forex companies are regulated to ensure that your money is safe, so providing this information ensures compliance laws are adhered to.
  • Provide information about the receiver - name, address and a bank account in Malawi where they can receive monies in Malawian Kwacha.
  • Then, provide details of your Zimbabwe bank account so you can transfer the funds to the provider to allow them to do the transaction on your behalf.
  • Finally, select the amount you want to transfer, and click Send.
  • The provider will start your transaction, and keep you updated on the progress of your transfer.

Also, keep an eye on any discount or promotional coupon codes as they may help lower the cost of your remittance. The process is quite easy and you can see your USD travel to another part of the globe.