Convert Malawian Kwacha to United States Dollar
Please provide values below to convert Malawian Kwacha [MWK] to United States Dollar [USD], or Convert United States Dollar to Malawian Kwacha.
How to Convert Malawian Kwacha to United States Dollar
1 MWK = 1743.4953 USD
Example: convert 15 MWK to USD:
15 MWK = 15 × 1743.4953 USD = 26152.4295 USD
Malawian Kwacha to United States 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.
United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.