What is the current TZS to MWK exchange rate?

The current mid-market exchange rate is 1 TZS = 0.6924 MWK. 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 TZS to MWK 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 TZS to MWK?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the TZS/MWK 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 TZS to MWK — live rate

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

You send

TZS

They receive

MWK

1 TZS = 0.6924 MWK • Mid-market rate

Updated just now

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Historical TZS/MWK exchange rate

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

Quick reference: TZS to MWK

1 TZS → 0.69 MWK

5 TZS → 3.46 MWK

10 TZS → 6.92 MWK

50 TZS → 34.62 MWK

100 TZS → 69.24 MWK

500 TZS → 346.19 MWK

1,000 TZS → 692.38 MWK

5,000 TZS → 3,461.92 MWK

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.

Convert TZS to MWK — live rate

Historical TZS/MWK exchange rate

Quick reference: TZS to MWK

Real cost of TZS → MWK

Estimated savings

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Currency snapshots