Welcome to Reserve Bank of Malawi Website
The Reserve Bank of Malawi was established under an Act of Parliament in July 1964 (Chapter 44:02 Laws of Malawi) and started its operations in June, 1965 in Blantyre. It replaced a branch of the Federal Bank of Rhodesia and Nyasaland founded to serve as a central bank of the Federation of Rhodesia and Nyasaland. The federation comprised Southern Rhodesia (now Zimbabwe), Northern Rhodesia (now Zambia) and Nyasaland (now Malawi) . click here to read more
Exchange RatesApr 15, 2025
| Currency | Buying | Selling |
|---|---|---|
| EUR | 2005.1642 | 2044.8423 |
| GBP | 2333.0505 | 2379.2167 |
| USD | 1717.0236 | 1751.0000 |
| ZAR | 93.9885 | 95.8483 |
Bank Rates
| Effective Month | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Policy Rate | 26.00 | Feb 2024 | ||||||||
| Reference Rate | 25.10 | Feb 2025 | ||||||||
| Lending Rate (Min) | 25.10 | Feb 2025 | ||||||||
| Lending Rate (Max) | 35.82 | Feb 2025 | ||||||||
| Savings Deposit Rate | 4.27 | Oct 2023 | ||||||||
Treasury Bills
Treasury Bills Auction Results
Auction Date: Apr 1, 2025The Reserve Bank of Malawi wishes to notify the public that during the auction held on Tuesday, Apr 1, 2025, it raised MK 50,325.58 Million. For more details, click the link below...
Treasury Bills Auction Notice
GOVERNMENT OF MALAWI TREASURY NOTE
Download Bid Forms and Prospectus
RBM BONDS
Bid Form For 3-year Bond
Prospectus of 3-year Bond
