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Malaysian ringgit to Malawian kwacha Exchange Rate History - XTransfer

Malaysian ringgit to Malawian kwacha Historical Exchange Rates

Welcome to the MYR to MWK exchange rate history page. This page contains detailed daily historical exchange rates between MYR and MWK from 2025-3-8 to 2026-02-10, making it easy to look up and reference.

Amount
Result

1 MYR = 441.643 MWK

09:31 Exchange Rate

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1 Malaysian ringgit to Malawian kwacha Historical Exchange Rate Trends

1 MYR = -- MWK

09:31 Exchange Rate

MYR - MWK+0%
7D
1M
3M
Invalid DateInvalid Date

1 Malaysian ringgit to Malawian kwacha Data Statistics

This section organizes the historical exchange rate data of 1 MYR to MWK, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.

Time
Past 1 day
Past 15 day
Past 30 day
Past 90 day
High
440.857
441.474
441.474
441.474
Low
440.857
436.528
425.44
417.101
Average
440.857
439.282
433.683
426.473

Past 7 days historical exchange rates

Below are the daily average exchange rates of MYR to MWK for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of MWK to MYR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.

MYR to MWK - Last 7 Days

MYRMYRMWKMWK
2026-02-09
440.857
MYRMYRMWKMWK
2026-02-08
439.182
MYRMYRMWKMWK
2026-02-07
439.182
MYRMYRMWKMWK
2026-02-06
438.404
MYRMYRMWKMWK
2026-02-05
439.126
MYRMYRMWKMWK
2026-02-04
440.857
MYRMYRMWKMWK
2026-02-03
439.293

MWK to MYR - Last 7 Days

MWKMWKMYRMYR
2026-02-09
0.002
MWKMWKMYRMYR
2026-02-08
0.002
MWKMWKMYRMYR
2026-02-07
0.002
MWKMWKMYRMYR
2026-02-06
0.002
MWKMWKMYRMYR
2026-02-05
0.002
MWKMWKMYRMYR
2026-02-04
0.002
MWKMWKMYRMYR
2026-02-03
0.002

MYRMYR - Malaysian Ringgit

The Ringgit has been issued since 1967, reflecting the modernization of Malaysia's economy. MYR is competitive in the Southeast Asian market, especially supporting the development of the manufacturing and export industries.

  • Supporting unit:1 Linjitt = 100 points (Sen)
  • Denomination of banknotes:1, 5, 10, 20, 50, 100 Ringgit Malaysia
  • Reserve currency:No, but it serves as a certain reserve in the Southeast Asian region.
  • Banknote material:Items priced at 5 yuan and below are made of polymer, while the others are mostly made of paper.
  • Metal composition:Nickel-plated steel core, brass-plated, stainless steel
  • Currency symbol:RM
  • Paper currency size:For example, 100 ringgit is approximately 145mm × 69mm.
  • language:en
  • Main unit:1 Ringgit
  • ISO code:MYR
  • Currency name:Malaysian Ringgit
  • Exchange Rate System:Managed floating exchange rate system
  • Central Bank:Bank Negara Malaysia
  • Safe-haven currency:No, it belongs to emerging market currencies and is significantly affected by capital flows.
  • Coin denomination:5, 10, 20, 50 points
  • Countries of Use:Malaysia is the only country where it is used officially.
  • Cross-border payment:Supports networks such as SWIFT and the Asian Payment Network (APS). The ringgit has a certain circulation base in neighboring countries like Singapore and Thailand, but the US dollar remains the primary settlement currency.

MWKMWK - Malawian Kwacha

The Kwacha was introduced in 1971 and is the core currency of Malawi's economic development. It supports agriculture and manufacturing, and promotes the country's gradual economic diversification.

  • Supporting unit:1 Kwacha = 100 Tambala
  • Denomination of banknotes:20, 50, 100, 200, 500, 1000, 2000, 5000 Zambian Kwacha
  • Reserve currency:No, Malawi primarily holds US dollars and South African rand as its foreign exchange reserves.
  • Banknote material:A combination of paper and polymer, featuring anti-counterfeiting characteristics.
  • Metal composition:Copper-coated steel core, nickel-coated steel core, etc.
  • Currency symbol:MK
  • Paper currency size:Approximately 132mm × 66mm for 1000 grams of kwacha.
  • language:en
  • Main unit:1 Kwacha
  • ISO code:MWK
  • Currency name:Malawikwacha
  • Exchange Rate System:Floating exchange rate system
  • Central Bank:Reserve Bank of Malawi
  • Safe-haven currency:No, it belongs to a highly volatile currency.
  • Coin denomination:1, 5, 10, 20, 50 cents; 1, 5, 10 grams of kwacha
  • Countries of Use:Malawi is the only country where it is used officially.
  • Cross-border payment:International transfers can be conducted through the SWIFT network, but the use of kwacha for international settlements is minimal, with the US dollar often serving as the intermediary settlement currency.

FAQ

What is the relationship between Malaysian ringgit to Malawian kwacha exchange rate and remittance?

The actual amount received during remittance is directly affected by the MYR to MWK exchange rate. Differences in rates offered by banks or platforms may lead to significant differences in the final amount. It’s recommended to compare real-time rates and fees from several providers before making a decision.

What exchange rate indicators should be prioritized when making cross-border payments or settlements?

When conducting cross-border transactions, pay attention to real-time rates, the bid-ask spread, settlement fees, etc. Especially for large payments, even small differences in the MYR to MWK exchange rate can result in substantial changes in actual amounts.

Why are the Malaysian ringgit to Malawian kwacha exchange rates so different across platforms?

Different banks or payment platforms use various pricing mechanisms. Some use mid-market rates; others add wider spreads, fees, and settlement times.tCauses you to see MYR to MWK on Platform A as 7.10, while Platform B shows 7.02. Such differences can be significant for large transactions.

Is it necessary to check the historical trend of Malaysian ringgit to Malawian kwacha exchange rates before remittance?

be necessary. By examining the recent fluctuations in the exchange rate between MYR and MWK, you can determine whether the current exchange rate is high or low, helping you decide whether to immediately remit, lock up the exchange, or delay the transaction to obtain a better price.

How to judge the trend of Malaysian ringgit to Malawian kwacha based on historical exchange rates?

Look at the charts of MYR to MWK over the past few months. If the trend is upward, it means MYR is appreciating and exchanging to MWK is more cost-effective; if downward, you may want to act quickly to exchange at a better rate.
Disclaimer: The exchange rate data on this page is collected from public sources for reference only. Due to frequent fluctuations, XTransfer cannot guarantee accuracy or timeliness. Please refer to the real-time quotes from banks, related institutions, or trading systems.