Reserve Bank of Malawi

Welcome to Reserve Bank of Malawi Website Tuesday, December 12, 2017

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 RatesDec 04, 2017

Currency Buying Selling
EUR 850.1168 872.1620
GBP 964.4111 989.4201
USD 716.1291 734.6997
ZAR 51.9929 53.3412


Inflation Rates (%)Overall

12-Month 8.30 Oct - 2017
Non-Food: 11.70 Food: 4.80


Bank RatesJul 2017

Savings Deposit Rate 5.30
3 Month Fixed Deposit Rate 7.78
30 Day Call Deposit Rate 8.10
6 Month Fixed Deposit Rate negotiable
7 Day Call Deposit Rate 5.80
Bank Rate 18.0


Treasury Bills

Treasury Bills Auction Results

Auction Date:  Nov 7, 2017

The Reserve Bank of Malawi wishes to notify the public that during the auction held on Tuesday, Nov 7, 2017, it raised MK 594.05 Million. For more details, click the link below...

 Treasury Bills Auction Results  | 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