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1000 MWK to KHR - Malawian Kwacha to Cambodian Riel Exchange Rate

MK
MWK - Malawian KwachaDown Arrow
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KHR - Cambodian RielDown Arrow
Exchange Rate

MWK 1000 = KHR 2314.67

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1 MWK = 2.31467 KHR | 1 KHR = 0.43203 MWK

Last Updated Feb 14, 5:30 IST

MWK 1000 =KHR 2314.67

1 MWK = 2.31467 KHR
1 KHR = 0.43203 MWK
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Last Updated Feb 14, 5:30 IST
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Our converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.

1 MWK to KHR Exchange Rate Last 5 Days
Date
Cambodian Riel Price
Feb 13, 2025
2.314665490352468
Feb 12, 2025
2.30857785153303
Feb 11, 2025
2.312787896382731
Feb 10, 2025
2.3127886776580664
Feb 9, 2025
2.316836082617859

MWK to KHR Exchange Rate Chart

online1 MWK = 2.31467 KHR

  • 1 Week
  • 1 Month
  • 1 Year
Currency Information
MWK - Malawian Kwacha
Our currency rankings show that the most popular Malawian Kwacha exchange rate is the MWK to KHR rate. The currency code for Malawian Kwacha is MWK. The currency symbol is MK.
More Malawian Kwacha inforight-arrow
KHR - Cambodian Riel
Our currency rankings show that the most popular Cambodian Riel exchange rate is the KHR to MWK rate. The currency code for Cambodian Riel is KHR. The currency symbol is .
More Cambodian Riel inforight-arrow
1 Malawian Kwacha to Cambodian Riel stats
Last 30 Days
Last 90 Days
High
2.329
2.335
Low
2.294
2.294
Average
2.318
2.322
Volatility
0.30%
0.21%

How much is 1000 MWK in Cambodian Riel

The exchange value of 1000 MWK in Cambodian Riel is 2314.670 KHR as on Feb 14.

How to check the exchange rate of 1000 MWK to KHR with Paytm

You can check the exchange rate of 1000 Malawian Kwacha to Cambodian Riel by using the Paytm currency exchange rate calculator.

All you need to do to see the exchange 1000 MWK to KHR online is as follows:.

  • Navigate to the Paytm currency calculator page.
  • Enter the amount 1000 in the Amount section and
  • Select the currency MWK - Malawian Kwacha in the "From" section
  • Select KHR - Cambodian Riel in "To" section
  • Finally, click "Convert" to see the 1000 MWK to KHR conversion amount.

Methods to Convert (MWK) to Cambodian Riel (KHR) Online

There are several online ways to convert MWK to KHR.

1. Online Banks

Most banks in India allow MWK to KHR conversion through their internet banking or mobile apps.

Steps to Convert MWK to KHR via Online Banking:

  1. Log in to your bank account.
  2. Select "Forex Services" or "Currency Exchange."
  3. Enter the MWK amount you want to convert.
  4. Check the exchange rate.
  5. Confirm and complete the transaction.

Pros:

  • Safe and secure.
  • Money gets credited directly to your account.
  • No hidden fees.

Cons:

  • Banks may offer lower exchange rates.
  • The process can take a few hours to a few days.

2. International Money Transfer Apps

Apps like Wise, PayPal, and Western Union allow MWK to KHR conversion quickly.

Steps to Convert MWK to KHR via international money transfer apps:

  1. Create an account in any app and log in.
  2. Enter the MWK amount you want to convert.
  3. Choose KHR as the receiving currency.
  4. Add the recipient‘s Indian bank details.
  5. Check the exchange rate and fees.
  6. Confirm and transfer.

Pros:

  • Better exchange rates than banks.
  • Fast transfers (few minutes to hours).
  • Small and transparent fees.

Cons:

  • Requires verification for large amounts.

3. Forex Cards

A Forex card is a prepaid card that holds multiple currencies, including MWK.

Steps to Convert MWK to KHR via Forex Card:

  1. Get a Forex card from a bank or travel agency.
  2. Load it with MWK before traveling.
  3. Use it at ATMs in India to withdraw KHR.
  4. The card automatically converts MWK to KHR at the time of withdrawal.

Pros:

  • Safer than carrying cash.
  • Good exchange rates.
  • Can be used multiple times.

Cons:

  • Some banks charge ATM withdrawal fees.
  • Limited to international travelers.

4. Cryptocurrency Exchanges

Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.

Steps to Convert MWK to KHR via Crypto:

  1. Buy Bitcoin (BTC) with MWK on a crypto exchange.
  2. Transfer the BTC to an Indian exchange.
  3. Sell it for KHR.
  4. Withdraw KHR to your bank account.

Pros:

  • Fast transactions.
  • Good for high amounts.
  • Some platforms offer zero fees.

Cons:

  • Cryptocurrency prices fluctuate.
  • May not be legal in all countries.

Places to Convert MWK to KHR Offline

There are several offline methods to exchange MWK to KHR. Let‘s explore them.

1. Banks

Banks offer currency exchange services at competitive rates. You need to visit a branch with your MWK cash and exchange it for KHR.

Steps to Exchange MWK to KHR at a Bank:

  1. Visit a bank branch that offers forex services.
  2. Carry your passport, visa, and ID proof (for foreigners).
  3. Fill out the currency exchange form.
  4. Hand over the MWK cash.
  5. Receive KHR in cash or your bank account.

Pros:

  • Safe and reliable.
  • Better exchange rates than airports.
  • Direct deposit option available.

Cons:

  • Limited working hours.
  • Requires documents for verification.

2. Currency Exchange Centers

Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline MWK to KHR conversion.

Steps to Exchange MWK to KHR at an Exchange Center:

  1. Visit a licensed money exchange center.
  2. Show your passport and ID proof.
  3. Provide the MWK cash for exchange.
  4. Receive KHR at the given exchange rate.

Pros:

  • Quick and easy.
  • Available in major cities and tourist areas.
  • Competitive exchange rates.

Cons:

  • Some centers charge extra service fees.
  • Not available in remote areas.

3. Airport Currency Exchange Counters

Airports have forex counters where travelers can exchange MWK to KHR.

Steps to Exchange MWK to KHR at an Airport:

  1. Locate the currency exchange counter at the airport.
  2. Show your passport and travel documents.
  3. Hand over MWK and receive KHR instantly.

Pros:

  • Convenient for travelers.
  • Open 24/7 in major airports.

Cons:

  • Higher exchange rates compared to banks.
  • Extra service fees.

4. Hotels and Travel Agencies

Some hotels and travel agencies offer currency exchange services for guests.

Steps to Exchange MWK to KHR at a Hotel or Travel Agency:

  1. Check if your hotel or travel agency provides forex services.
  2. Provide your passport and MWK cash.
  3. Receive KHR based on their exchange rate.

Pros:

  • Very convenient for travelers.
  • No need to visit a bank or forex center.

Cons:

  • Higher exchange rates.
  • Limited availability.

5. Local Money Changers

In busy markets and tourist spots, you may find local money changers who exchange MWK for KHR

Steps to Exchange MWK to KHR at a Local Money Changer:

  1. Find a trusted local money changer.
  2. Negotiate the exchange rate if possible.
  3. Provide MWK and receive KHR.

Pros:

  • Quick and easy.
  • Sometimes better rates than banks.

Cons:

  • Risk of fraud or counterfeit KHR.
  • No official receipt or record.

Documents Required for MWK to KHR Exchange

Most offline exchanges require identity proof. Here are the common documents needed:

Document TypeRequired For
PassportAll exchanges (mandatory for foreigners)

Always carry a valid ID when exchanging currency.

Tips to Get the Best Exchange Rate for converting MWK to KHR

  1. Compare Rates: Use online comparison tools to check the best MWK to KHR rates before converting.
  2. Avoid Weekends: Exchange rates are higher on weekends due to market closure.
  3. Use Low-Fee Platforms: Choose platforms like Wise or Forex cards to reduce extra charges.
  4. Avoid Airport Exchanges: Airport forex counters have the worst exchange rates.
  5. Convert Larger Amounts: Some platforms offer better rates for higher amounts.
  6. Negotiate: At local money changers, you may get a better rate if you negotiate.
  7. Check for Hidden Fees: Ask about service charges before exchanging.
  8. Verify the Notes: Always count your KHR and check for fake currency.
  9. Use Official Channels: Avoid unlicensed money changers to prevent scams.

Fees and Charges for converting MWK to KHR

MethodExchange RateTransfer FeeAvailabilitySpeed
Bank TransferLowLowLimited hours1-3 days
Any Third Party AppHighLow24/7Instant/Few minutes
Forex CardMediumLow24/7Instant
Crypto ExchangeHighLow24/7Few minutes
Exchange CentersGoodMediumWidely availableFew minutes
Airport CountersHighHigh24/7 at airportsFew minutes
Hotels/AgenciesVery HighMediumOnly for guestsFew minutes
Local Money ChangersVariesLowRisky but quickFew minutes

Benefits of MWK to KHR Conversion

Converting Malawian Kwacha (MWK) to Cambodian Riel (KHR) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:

1. Favorable Exchange Rates

MWK is a strong and widely traded currency. If the exchange rate is favorable, converting MWK to KHR can give you more value for your money.

2. Higher Purchasing Power in Cambodia

Since 1 MWK equals a significantly higher amount in KHR, converting MWK to KHR increases your purchasing power, allowing you to afford more goods and services in Cambodia.

3. Supports Travel and Expenses in Cambodia

If you‘re an NRI, tourist, or returning from the Malawi, converting MWK to KHR ensures you have local currency for daily expenses, shopping, and travel within Cambodia.

4. Investment Opportunities

Converting MWK to KHR can help you invest in Cambodia assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Malawi markets.

5. Savings on Transaction Fees

Using a direct MWK to KHR conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.

6. Business and Trade Advantages

For businesses involved in international trade, converting MWK to KHR at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.

By choosing the right conversion method and timing, you can maximize the benefits of MWK to KHR exchange.

Frequently Asked Questions

FAQs

Can I convert MWK to KHR without a bank account?
Yes, you can use forex cards, international wallets, or cash exchanges.
How long does it take to convert MWK to KHR online?
It depends on the method: • Bank Transfers: 1-3 days • Wise & PayPal: A few minutes to hours • Crypto: A few minutes • Forex Cards: Instant at ATMs
Is it safe to convert MWK to KHR online?
Yes, but use trusted platforms like banks, Wise, or PayPal. Avoid unknown websites to prevent fraud.
Are there any hidden charges?
Always check for: • Transfer fees • Conversion charges • GST or other taxes • Bank charges (for wire transfers)
Can I exchange MWK to KHR without a passport?
Most licensed exchanges require a passport, especially for large amounts. Small amounts may be exchanged with an Aadhaar or PAN card.
How much MWK can I exchange at a time?
There is no strict limit, but heavy transactions may require extra documentation and approval from respective authorities.
Is it safe to exchange money at local money changers?
It can be risky. Always choose a trusted and licensed money changer to avoid scams.
Do banks offer the best exchange rates?
Banks usually offer better rates than airports and hotels, but money exchange centers might have even better deals.
What should I do if I receive fake KHR notes?
If you suspect fake notes, inform the exchange center immediately and report it to the local police if necessary.
What is the 1000 Malawian Kwacha (MWK) worth against the Cambodian Riel?
1000 MWK is worth 2314.670 Cambodian Riel today
What is the 25 Malawian Kwacha (MWK) worth against the Cambodian Riel?
25 MWK is worth 57.867 Cambodian Riel today
What is the 1 Malawian Kwacha (MWK) worth against the Namibian Dollar?
1 MWK is worth 0.01068707291751491 NAD today
What is the strongest currency in the world right now?
Despite being the most traded and powerful currency in the world, the US dollar may not be the most expensive. On the other hand, Kuwait's strong economy has made the Kuwaiti dinar (KWD) the world's most valuable currency. 1 KWD = $3.26.
What is the top 10 highest currency in the world?
Kuwaiti Dinar, Bahraini Dinar, Omani Rial, Jordanian Dinar, British Pound Sterling, Cayman Islands Dollar, European Euro, Swiss Franc, US Dollar, and Canadian Dollar are the top ten most valuable currencies in the world.
Which is the lowest currency in the world?
The Iranian Rial is the world's most affordable currency.

Source of the rates:apilayer.com

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