Reserve Bank of Malawi

Welcome to Reserve Bank of Malawi Website Monday, July 24, 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 RatesJul 24, 2017

Currency Buying Selling
EUR 835.3614 857.3669
GBP 931.4795 956.0170
USD 715.6969 734.5501
ZAR 55.5028 56.9648


Inflation Rates (%)Overall

12-Month 11.30 Jun - 2017
Non-Food: 13.20 Food: 9.30


Bank RatesDec 2016

3 Month Fixed Deposit Rate 9.76
Savings Deposit Rate 6.58
30 Day Call Deposit Rate 8.15
6 Month Fixed Deposit Rate negotiable
7 Day Call Deposit Rate 6.83
Fixed Deposit Rate (Max) negotiable


Treasury Bills

Treasury Bills Auction Results

Auction Date:  Jul 11, 2017

The Reserve Bank of Malawi wishes to notify the public that during the auction held on Tuesday, Jul 11, 2017, it raised MK 4,939.73 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