🇲🇼Platinum Rate in Malawi Today
The platinum rate in Malawi today is MWK 3,226,397 per troy ounce for 24K, based on an international spot price of $1,854.00 per troy ounce. That is down MWK 29,410 from the previous close. The MWK has weakened 1.005% against the US dollar since the previous session, which moves the local price independently of the metal itself.
Platinum rate in Malawi — all karats and weights
| Weight | 24K | 22K | 21K | 18K | 14K |
|---|---|---|---|---|---|
| 1 Gram (1 g) | MWK 103,731 | MWK 95,087 | MWK 90,765 | MWK 77,798 | MWK 60,510 |
| 1 Troy Ounce (31.1035 g) | MWK 3,226,397 | MWK 2,957,530 | MWK 2,823,097 | MWK 2,419,798 | MWK 1,882,065 |
| 1 Kilogram (1,000 g) | MWK 103,731,064 | MWK 95,086,808 | MWK 90,764,681 | MWK 77,798,298 | MWK 60,509,787 |
All figures in MWK (Kwacha). Purity follows the karat/24 standard: 22K is 91.67% gold, 21K is 87.5%, 18K is 75%.
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Platinum rate in Malawi — questions
What is the platinum rate in Malawi today?
The platinum rate in Malawi today is MWK 3,226,397 per troy ounce for 24K, and MWK 3,226,397 per troy ounce for 24K. These are live figures converted from international spot at the current MWK exchange rate.
What is the price of 1 gram of gold in Malawi?
One gram of 24K platinum costs MWK 103,731 in Malawi, and 22K costs MWK 95,087 per gram. 18K works out at MWK 77,798.
Why is 22K cheaper than 24K in Malawi?
22K gold is 91.67% pure — 22 parts gold to 24 — so it contains less gold by weight than 24K, which is 99.9% pure. That is why 22K is MWK 8,644 less per gram here. The alloy makes it harder, which is why jewellery is usually 22K or below.
How often does this rate update?
The spot price refreshes continuously through the trading day and this page reflects the latest reading, last confirmed 1 month ago. Exchange rates refresh alongside it.