Convert MWK to ISK — live rate

Convert Malawian Kwachas to Icelandic Krónas and compare the real cost of sending money.

MWK
ISK
1 MWK = 0.0700 ISK Mid-market rate
Updated just now
Compare transfers for MWK → ISK
No signup required FCA-regulated providers only

Historical MWK/ISK exchange rate

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

Quick reference: MWK to ISK

1 MWK 0.07 ISK
5 MWK 0.35 ISK
10 MWK 0.70 ISK
50 MWK 3.50 ISK
100 MWK 7.00 ISK
500 MWK 35.00 ISK
1,000 MWK 69.99 ISK
5,000 MWK 349.97 ISK

Real cost of MWK → ISK

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
ISK — Icelandic Króna
ISO Code ISK
Symbol kr
Central Bank Central Bank of Iceland
Common Notes kr500, kr1000, kr2000, kr5000
Learn more about ISK

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