Convert TZS to MWK — live rate

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

TZS
MWK
1 TZS = 0.6783 MWK Mid-market rate
Updated just now
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Historical TZS/MWK exchange rate

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

Quick reference: TZS to MWK

1 TZS 0.68 MWK
5 TZS 3.39 MWK
10 TZS 6.78 MWK
50 TZS 33.91 MWK
100 TZS 67.83 MWK
500 TZS 339.13 MWK
1,000 TZS 678.27 MWK
5,000 TZS 3,391.33 MWK

Real cost of TZS → MWK

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 TZS
Bank ~£20 lost
Specialist ~£8 lost
You save ~£12

*Estimate based on typical provider rates

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Currency snapshots

TZS — Tanzanian Shilling
ISO Code TZS
Central Bank Bank of Tanzania
Common Notes 500, 1000, 2000, 5000, 10000
Learn more about TZS
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

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