Currency Calculator

Use the calculator on the right to see how much currency you can get for your money.

MWK Flag

1 MWK = 1 EUR

EUR Flag

1 EUR = 1 MWK

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Currency Information on MWK

Aston Currency Management
FCA Regualted: FCA Regulated
Margin Rate: 2%
100,000 gets you: 98,000 eur
Currencies Direct
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
100,000 gets you: 99,300 eur
UKForex
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 99,000 eur
FXCapital
FCA Regualted: Not FCA Regulated
Margin Rate: 0.7%
100,000 gets you: 99,300 eur
Travelex
FCA Regualted: Not FCA Regulated
Margin Rate: 5%
100,000 gets you: 95,000 eur

Countries that use the MWK

Currency Information on Malawi Kwacha - MWK— Malawian kwacha – MK

One kwacha subdivides into 100 tambala; ‘tambala’ translates into ‘rooster’ in Chichewa, whilst ‘kwacha’ translates into ‘it has dawned’.

The tambala was named ‘rooster’ because “one hundred roosters announce the dawn”. The currency was introduced in 1971, replacing the pound at a rate of 1 pound = 2 kwachas.

Coins which are frequently used are available in denominations of 1, 5 and 10 kwacha, whilst denominations of 1, 2, 5, 10, 20 and 50 tambala are rarely used and may not be in circulation. Banknotes are available in denominations of 20, 50, 100, 200, 500 and 1000 kwacha.

Money Transfers from MWK

A friend of mine pointed me in the direction of this website when I was buying a classic car from overseas, naturally I wanted to get the best exchange rate possible in order to help cover shipping and import taxes. After a quick browse of the website it became clear an FX broker was my best option so I used the comparison table to compare my shortlist of candidates and requested some quotes. I was contacted nearly straight away and after playing two of the brokers off for a little while I secured a great rate. I literally saved thousands as I was initially going to use my bank just for the 'security' factor like i'm sure a lot of others do but after a quick comparison I realised all the brokers are authorised by the FCA just like the banks so my money was going to be safe regardless. The money I saved on the transfer paid for the shipping and import taxes which was massive boost and I couldn't be happier with the service. I would recommend this website to anyone looking at buying property, emigrating or making payments overseas as you can save some serious money! All the Best,

Comment written by Philip Chadwick.
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