Convert Malawian Kwacha to Bulgarian Lev
Please provide values below to convert Malawian Kwacha [MWK] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Malawian Kwacha.
How to Convert Malawian Kwacha to Bulgarian Lev
1 MWK = 1045.51169345167 BGN
Example: convert 15 MWK to BGN:
15 MWK = 15 × 1045.51169345167 BGN = 15682.675401775 BGN
Malawian Kwacha to Bulgarian Lev Conversion Table
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.