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| Currency |
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Kwacha (MWK) = 100 tambala. Notes are in denominations of MWK500, 200, 100, 50, 20, 10 and 5. Coins are in denominations of
MWK1 and 50, 20, 10, 5, 2 and 1 tambala.
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| Currency exchange |
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US Dollars, Pounds Sterling, Euros or South African Rand are readily exchanged but lesser-known currencies may prove difficult
to exchange.
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| Credit & debit cards |
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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.
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| Traveller's cheques |
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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.
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| Currency restrictions |
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The import of local currency is unlimited. The export of local currency is limited to K200. The import of foreign currency
is unlimited on arrival. The export of foreign currency is allowed up to the amount imported and declared on entry.
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| Exchange rate indicators |
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| Date |
Jul 06 |
| £1.00= |
MWK252.64 |
| $1.00= |
MWK138.75 |
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| Banking hours |
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Mon-Fri 0800-1400.
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