Malawian Kwacha
Fiat currency used across payment methods, banks, and markets on Processed.
Exchange rates
Baselines versus USD and EUR
Update time unknown
US Dollar
Rate unavailable
Euro
Rate unavailable
Countries using MWK
Markets where this is an official or listed currency.
Payment methods supporting MWK
Methods that list this currency in their coverage.
National Switch (Malswitch)
Malswitch is Malawi's national payment switch enabling interoperability between banks, ATMs, and POS terminals. It supports card-based transactions and is being expanded to enable interoperability with mobile money services.
TNM Mpamba
TNM Mpamba is the mobile money service of TNM, Malawi's second telecom operator. It provides mobile financial services including P2P transfers, bill payments, and merchant transactions. Interoperable with Airtel Money via the National Switch.
Airtel Money
Airtel Money is Kenya's second-largest mobile money provider, holding approximately 6.6% market share as of 2024 (up from 2.8%). It operates similarly to M-Pesa and enables money transfers, bill payments, and merchant payments via USSD and the Airtel Money app.
Banks supporting MWK
Banks that list this currency in their coverage.
