What is the current MWK to TZS exchange rate?

The current mid-market exchange rate is 1 MWK = 1.4971 TZS. This rate is updated in real-time. Banks typically add a 2-3% markup, while specialist providers offer rates closer to the mid-market rate.

How can I get the best MWK to TZS rate?

To get the best rate, compare FCA-regulated money transfer specialists instead of using your bank. Specialist providers typically charge 0.3-1% vs banks' 2-3% markup. For larger amounts (£1,000+), the savings can be significant.

Is it a good time to convert MWK to TZS?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the MWK/TZS rate has moved over time. For large transfers, consider setting up rate alerts or using a forward contract to lock in today's rate.

Convert MWK to TZS — live rate

Convert Malawian Kwachas to Tanzanian Shillings and compare the real cost of sending money.

You send

MWK

They receive

TZS

1 MWK = 1.4971 TZS • Mid-market rate

Updated just now

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Historical MWK/TZS exchange rate

Rates shown are indicative mid-market rates, updated regularly.

Quick reference: MWK to TZS

1 MWK → 1.50 TZS

5 MWK → 7.49 TZS

10 MWK → 14.97 TZS

50 MWK → 74.85 TZS

100 MWK → 149.71 TZS

500 MWK → 748.55 TZS

1,000 MWK → 1,497.09 TZS

5,000 MWK → 7,485.45 TZS

Currency snapshots

MWK — Malawian Kwacha

ISO Code MWK

Central Bank Reserve Bank of Malawi

Common Notes MK5, MK10, MK20, MK50, MK100, MK200, MK500

Learn more about MWK

TZS — Tanzanian Shilling

ISO Code TZS

Central Bank Bank of Tanzania

Common Notes 500, 1000, 2000, 5000, 10000

Learn more about TZS

What affects this rate? Interest rate differentials, inflation expectations, and market risk sentiment are the primary drivers.

Convert MWK to TZS — live rate

Historical MWK/TZS exchange rate

Quick reference: MWK to TZS

Real cost of MWK → TZS

Estimated savings

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Currency snapshots