Convert Malawian Kwacha to Swedish Krona
Please provide values below to convert Malawian Kwacha [MWK] to Swedish Krona [SEK], or Convert Swedish Krona to Malawian Kwacha.
How to Convert Malawian Kwacha to Swedish Krona
1 MWK = 182.673983424662 SEK
Example: convert 15 MWK to SEK:
15 MWK = 15 × 182.673983424662 SEK = 2740.10975136993 SEK
Malawian Kwacha to Swedish Krona Conversion Table
| Malawian Kwacha | Swedish Krona |
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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.
Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.