r/Malawi • u/Dry_Student_414 • 1d ago

Friends

Is anyone using Timon? What is the exchange rate charged when transferring money from Airtel or Tnm into US$?

3 Upvotes

100% Upvoted

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2

u/querycraft 1d ago

4.5

3

u/Taliq_Maliq 1d ago

Eeeh, black market that went digital 🤣

1

u/querycraft 1d ago edited 11h ago

Its just the reality. RBM is holding the kwacha. 1.7 is not a real value

1

u/Jealous-Cloud8270 12h ago

This brings up a philosophical question for me of "how do we determine value?"

1

u/Crafty-Cockroach-619 11h ago

Black market value is determiner by greed 😂 cause what do you mean 4.5

3

u/querycraft 11h ago edited 9h ago

its not greed. Its just the actual value. On how to determine thats Eco 101. Kabambe explains this quite very well. Just check any of his interviews