K

Malawian kwacha

Since 1971, the kwacha has served as Malawi's official unit of account. There are 100 tambala in all. The British pound sterling, the South African rand, and the Rhodesian dollar were among the earlier forms of money that were used in the Malawian economy before the kwacha. Although the kwacha's exchange rate is adjusted on a regular basis, it has floated since 1994. Bingu wa Mutharika instituted administrative measures to fix the exchange rate with other currencies in 2005. The Reserve Bank of Malawi issues banknotes. The kwacha was devalued by 34% in May 2012 by the Reserve Bank of Malawi, which also removed the currency's link to the US dollar.

how has the value of the currency changed in the last year?

Malawian kwacha how has the value of the currency changed in the last year?

USD 1 = MWK 1,025

How much is10 US dollars worth inMalawian kwachas?
At the current exchange rate, 10 US dollars is worth 10,250 Malawian kwachas
How much is50 US dollars worth inMalawian kwachas?
At the current exchange rate, 50 US dollars is worth 51,250 Malawian kwachas
How much is100 US dollars worth inMalawian kwachas?
At the current exchange rate, 100 US dollars is worth 102,500 Malawian kwachas
How much is500 US dollars worth inMalawian kwachas?
At the current exchange rate, 500 US dollars is worth 512,500 Malawian kwachas
How much is2,000 US dollars worth inMalawian kwachas?
At the current exchange rate, 2,000 US dollars is worth 2,050,000 Malawian kwachas
How much is10 US dollars worth inMalawian kwachas?
At the current exchange rate, 10 US dollars is worth 10,250 Malawian kwachas
How much is50 US dollars worth inMalawian kwachas?
At the current exchange rate, 50 US dollars is worth 51,250 Malawian kwachas
How much is100 US dollars worth inMalawian kwachas?
At the current exchange rate, 100 US dollars is worth 102,500 Malawian kwachas
How much is500 US dollars worth inMalawian kwachas?
At the current exchange rate, 500 US dollars is worth 512,500 Malawian kwachas
How much is2,000 US dollars worth inMalawian kwachas?
At the current exchange rate, 2,000 US dollars is worth 2,050,000 Malawian kwachas
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