1 MWK to TZS - Convert Malawian Kwacha to Tanzanian Shilling

Looking at the 30-day window, the MWK/TZS pair traded in a range of 1.4555 to 1.5445. The monthly average was 1.5012 with 1.58% volatility. The relatively low volatility indicates stable trading conditions for the MWK/TZS currency pair.

The current mid-market exchange rate is 1 MWK = 1.5109 TZS, updated as of July 3, 2026, 6:23 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Malawian Kwacha to Tanzanian Shilling Exchange Rate

The MWK/TZS exchange rate tells you how many Tanzanian Shilling (TZS) you receive for every Malawian Kwacha (MWK). At the current mid-market rate of 1 MWK = 1.5109 TZS, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

How to Get the Best MWK to TZS Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Sending Money from MWK to TZS

International money transfers from Malawian Kwacha to Tanzanian Shilling can be made through banks, online transfer services, or specialist forex brokers. Transfer times range from instant to several business days depending on the corridor and provider. Online services like Wise, Revolut, and OFX typically offer better rates and lower fees than traditional bank wire transfers, though availability varies by country and currency pair.

Using the MWK/TZS Calculator

The free calculator at the top of this page converts any amount between Malawian Kwacha and Tanzanian Shilling instantly using live market data. Simply enter an amount in either currency to see the converted value in the other. The tool also shows a conversion table for common amounts, a historical rate chart, and the inverse TZS/MWK rate. Bookmark this page to check the rate whenever you need a quick reference for planning transfers or purchases.

Mid-Market Rate Explained

The mid-market rate of 1 MWK = 1.5109 TZS shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.