What is the current NGN to MWK exchange rate?

The current mid-market exchange rate is 1 NGN = 1.1959 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 NGN 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 NGN to MWK?

Exchange rates fluctuate constantly based on economic factors. Use our historical chart to see how the NGN/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 Nigerian Nairas to Malawian Kwachas

You send

NGN

They receive

MWK

1 NGN = 1.1959 MWK • Mid-market rate

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Historical NGN/MWK exchange rate

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

Quick reference: NGN to MWK

1 NGN → 1.20 MWK

5 NGN → 5.98 MWK

10 NGN → 11.96 MWK

50 NGN → 59.80 MWK

100 NGN → 119.59 MWK

500 NGN → 597.96 MWK

1,000 NGN → 1,195.92 MWK

5,000 NGN → 5,979.60 MWK

Currency snapshots

NGN — Nigerian Naira

ISO Code NGN

Symbol ₦

Central Bank Central Bank of Nigeria

Common Notes ₦5, ₦10, ₦20, ₦50, ₦100, ₦200, ₦500, ₦1000

Learn more about NGN

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 NGN to MWK — live rate

Historical NGN/MWK exchange rate

Quick reference: NGN to MWK

Real cost of NGN → MWK

Estimated savings

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Currency snapshots