Convert Moroccan Dirham to Malawian Kwacha
Please provide values below to convert Moroccan Dirham [MAD] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Moroccan Dirham.
How to Convert Moroccan Dirham to Malawian Kwacha
1 MAD = 0.00516680486606416 MWK
Example: convert 15 MAD to MWK:
15 MAD = 15 × 0.00516680486606416 MWK = 0.0775020729909625 MWK
Moroccan Dirham to Malawian Kwacha Conversion Table
| Moroccan Dirham | Malawian Kwacha |
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Moroccan Dirham
The Moroccan Dirham (MAD) is the official currency of Morocco, used for everyday transactions and issued by the Bank of Morocco.
History/Origin
The Dirham was introduced in 1960, replacing the Moroccan franc, and has undergone various reforms to modernize and stabilize the currency, including decimalization and currency reforms in the 21st century.
Current Use
The MAD is widely used across Morocco for all forms of payment, including cash, electronic transactions, and banking, and is also accepted in some neighboring regions for specific transactions.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.