Reserve Bank of Malawi

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 RatesMay 18, 2018

Currency Buying Selling
EUR 846.4898 868.2672
GBP 968.9939 993.9230
USD 716.8175 735.2589
ZAR 57.1452 58.6153


Inflation Rates (%)Overall

12-Month 9.90 Mar - 2018
Non-Food: 9.70 Food: 10.60


Bank RatesDec 2017

Bank Rate 16


Treasury Bills

Treasury Bills Auction Results

Auction Date:  May 3, 2018

The Reserve Bank of Malawi wishes to notify the public that during the auction held on Thursday, May 3, 2018, it raised MK 207.75 Million. For more details, click the link below...

 Tap TB Auction Results for 3rd May 2018  | view archive


The Government of Malawi seeks to issue through the Reserve Bank of Malawi the following respective tenors of Treasury Notes. Learn More 

 Download Bid Forms and Prospectus

 Latest Treasury Notes Results  | view archive


Download forms and related documents for RBM bonds here. You can also submit your bids by sending email to
 Bid Form For 3-year Bond
 Prospectus of 3-year Bond