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Best Zambian kwacha exchange rate

Compare today’s best exchange rate for Zambian kwacha. We compare live prices for money transfer providers in Canada — so you can get the best value for your money.

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Mid-market exchange rate

Few seconds ago

CAD
The above information applies when you pay in via bank transfer. 

How to get the best Zambian kwacha exchange rate

We collect fees and rates from the most popular money transfer providers — so you don’t have to. We calculate the full price you’ll pay when sending CAD to ZMW with each provider — including the hidden markup in the exchange rate.

We want to bring you the best Zambian kwacha rate possible, so we’ve compared the prices for sending money from one bank account to another. Sending cash or sending a money transfer from a bank branch usually costs more in extra fees.

The Wise app makes it easy to send money across the world, at the real, mid-market exchange rate.

Why does getting a good Zambian kwacha exchange rate matter?

It’s simple. The lower the cost of converting your money to ZMW, the more money for you. That’s why it’s important to see the full cost of an international transfer before you send it.

When sending money abroad, banks or other providers will likely charge you a conversion fee. But that’s not all. Hidden markups in the exchange rate can end up costing even more than the conversion fee itself. This means that when sending international transfers, many banks and providers charge you twice. All without telling you.

And if you decide to convert your money in cash, you could be charged:

- a conversion fee

- a hidden markup in the exchange rate

- and extra delivery charges, if you’re ordering your money in advance

You should always look for the best possible exchange rate, regardless of the conversion method you’re using.

With Wise, you can manage your money across more than 40 currencies, without any hidden fees.

The exchange rate scandal

1. Banks trade at the real rate. When exchanging Zambian kwacha between themselves, banks and transfer services use the mid-market rate (also known as the interbank rate). It’s the fairest possible rate. The mid-market exchange rate.

2. They add a hidden markup for customers. This is why you’ll see different exchange rates across providers. You’re paying the difference between the mid-market rate and the rate quoted by your transfer service.

3. You lose money. You’re charged the hidden markup when you make a transfer — often without even realising. Even when services claim to have zero fees, you’re still being charged.

We've had enough of hidden fees.

Waiting for the best rate to transfer Zambian kwacha

Knowing when to transfer ZMW can be tricky. Exchange rates are often volatile, as they react to economic and political events. And rates move so quickly — when you find the right time, how do you lock it in?

We can let you know when it gets better. Sign up for rate alerts, and you’ll get live updates straight to your inbox.

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Send money with the mid-market exchange rate

1 Wise will not charge you for these withdrawals, but some additional charges may occur from independent ATM networks.

Transaction speed claimed depends on funds availability, approval by Wise’s proprietary verification system and systems availability of our partners’ banking system, and may not be available for all transactions.