Malawi Travel Guide - Money

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Currency

Kwacha (MWK; symbol Mk) = 100 tambala. Notes are in denominations of Mk500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of Mk1 and 20, 10, 5, 2 and 1 tambala.

Currency Exchange

US Dollars, Pounds Sterling, Euros or South African Rand are readily exchanged but lesser-known currencies may prove difficult to exchange.

Credit/Debit Cards and ATMs

Acceptance of credit and debit cards is very limited, although in Lilongwe and Blantyre and in main hotels, American Express, Diners Club, MasterCard and Visa can be used.

Traveller's Cheques

Traveller's cheques can be exchanged in banks, hotels and other institutions. In remote areas, the Treasury Office of Local District Commissioner’s offices will cash traveller's cheques. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars, Euros, Pounds Sterling or South African Rand.

Currency Restrictions

Restrictions apply.

Banking Hours

Mon-Fri 0800-1400.

Exchange Rate Indicators

Date Oct 08
£1.00= Mk246.23
$1.00= Mk141.55
€1.00= Mk191.73




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