Malawi Currency
Money
The official currency is the Malawi Kwacha (MWK), which is divided into 100 tambalas. Travellers cheques and foreign currencies are accepted by banks, authorised hotels and other institutions in the main town centres; bureaux de change are also available. The US dollar is the easiest currency to exchange. Credit cards are not widely accepted and ATMs are scarce and should not be relied upon. Exchanging currency on the black market is not recommended.
Currency Exchange Rates
| Malawi | MWK 100 | MWK 1,000 | MWK 10,000 | MWK 100,000 | MWK 1,000,000 |
|---|---|---|---|---|---|
| Australia | A$ 0.58 | A$ 5.77 | A$ 57.67 | A$ 576.66 | A$ 5,766.58 |
| Canada | C$ 0.61 | C$ 6.07 | C$ 60.65 | C$ 606.53 | C$ 6,065.30 |
| Ireland | € 0.47 | € 4.69 | € 46.92 | € 469.23 | € 4,692.25 |
| New Zealand | NZ$ 0.75 | NZ$ 7.49 | NZ$ 74.86 | NZ$ 748.59 | NZ$ 7,485.87 |
| South Africa | R 5.02 | R 50.22 | R 502.24 | R 5,022.45 | R 50,224.49 |
| United Kingdom | £ 0.39 | £ 3.88 | £ 38.80 | £ 387.98 | £ 3,879.82 |
| United States of America | US$ 0.59 | US$ 5.94 | US$ 59.39 | US$ 593.88 | US$ 5,938.81 |
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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