Convert Malawian Kwacha to New Taiwan Dollar
Please provide values below to convert Malawian Kwacha [MWK] to New Taiwan Dollar [TWD], or Convert New Taiwan Dollar to Malawian Kwacha.
How to Convert Malawian Kwacha to New Taiwan Dollar
1 MWK = 59.3732436574153 TWD
Example: convert 15 MWK to TWD:
15 MWK = 15 × 59.3732436574153 TWD = 890.598654861229 TWD
Malawian Kwacha to New Taiwan Dollar 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.
New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange markets.