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SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCDiesel sees biggest monthly fall in 26 years. What's happening to fuel prices?·NYTFed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago·SCMPChina-EU trade, Xi touts ‘global influence’, Nato summit·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·Economic TimesSensex jumps 262 points, Nifty closes above 24,270. 7 key factors behind today's D-Street gains·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCDiesel sees biggest monthly fall in 26 years. What's happening to fuel prices?·NYTFed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago·
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MWK

Malawian Kwacha

MWK · Malawi

49
Moderate
Risk
Historical Scores
465767Jul 2021Jul 2025Jul 2026
What does this mean for you?

The Malawian Kwacha is in decent shape overall, scoring 49 out of 100. There are some areas to watch, but no immediate danger. Your money is holding its value reasonably well compared to most currencies.

Your savings need 29.9%/yr returns to not lose value. MWK100 today → MWK78 next year. Calculator ↓

Inflation
28.4%
Debt / GDP
61.8%
GDP Growth
1.9%
FX Volatility
1.7
Governance
Not available
Reserves
1.9 mo
Analysis
What's working well
Limited positive signals
What to watch out for
Restrictions on moving your money out of the country
Prices rising fast (28.4% per year) — your savings lose value quickly
The country is spending much more abroad than it earns — relies on foreign money flowing in
Full Malawi analysis →

Savings Impact Calculator

MWK
Holding cash in MWK28.4% inflation
MWK 287−MWK 713 (71% purchasing power lost)
Your MWK 1,000 buys 71% less in 5 years
What if you invested MWK 1,000 instead? (5yr, in MWK terms)
USD-denominated assets gain an additional ~25.4%/yr from expected MWK depreciation vs USD
Hold USD Cash
MWK 2744
+MWK 1744
+22.4%/yr net in MWK
S&P 500
MWK 4546
+MWK 3546
range: MWK 2424–MWK 7947
10% USD return + 25.4% FX · ±16% vol
Gold
MWK 4220
+MWK 3220
range: MWK 1565–MWK 9652
8% USD return + 25.4% FX · ±24% vol
Bitcoin
MWK 7688
+MWK 6688
range: MWK 831–MWK 35.7k
25% USD return + 25.4% FX · ±54% vol

All values in MWK. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~25.4%/yr based on the inflation differential between Malawi (28.4%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Holding other assets too? Calculate your full portfolio risk →
This score is based on our 12-factor risk model. Think inflation or debt should matter more? Build your own model with custom weights and see how MWK ranks differently.
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