Reserve Bank of Malawi

Welcome to Reserve Bank of Malawi Website Sunday, January 21, 2018

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 RatesJan 19, 2018

Currency Buying Selling
EUR 878.1692 900.7617
GBP 996.5000 1022.1367
USD 716.2881 734.7159
ZAR 59.1670 60.6892


Inflation Rates (%)Overall

12-Month 7.10 Dec - 2017
Non-Food: 10.00 Food: 4.30


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:  Jan 11, 2018

The Reserve Bank of Malawi wishes to notify the public that during the auction held on Thursday, Jan 11, 2018, it raised MK 269.140 Million. For more details, click the link below...

 Treasury Bills Tap 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