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Convert MWK to ZAR — live rate

Convert Malawian Kwachas to South African Rands and compare the real cost of sending money.

MWK
ZAR
1 MWK = 0.0096 ZAR Mid-market rate
Updated just now
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Historical MWK/ZAR exchange rate

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

Quick reference: MWK to ZAR

1 MWK 0.01 ZAR
5 MWK 0.05 ZAR
10 MWK 0.10 ZAR
50 MWK 0.48 ZAR
100 MWK 0.96 ZAR
500 MWK 4.79 ZAR
1,000 MWK 9.58 ZAR
5,000 MWK 47.92 ZAR

Real cost of MWK → ZAR

Banks (typical) ~2% markup
Specialists 0.3–1% markup

The rate above is the mid-market rate. Banks and providers add their margin on top.

How we calculate costs

Estimated savings

On 1,000 MWK
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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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
ZAR — South African Rand
ISO Code ZAR
Symbol R
Central Bank South African Reserve Bank
Common Notes R10, R20, R50, R100, R200
Learn more about ZAR

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

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