Convert Mozambican Metical to Malawian Kwacha
Please provide values below to convert Mozambican Metical [MZN] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Mozambican Metical.
How to Convert Mozambican Metical to Malawian Kwacha
1 MZN = 0.0364912368848944 MWK
Example: convert 15 MZN to MWK:
15 MZN = 15 × 0.0364912368848944 MWK = 0.547368553273416 MWK
Mozambican Metical to Malawian Kwacha Conversion Table
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Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.
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.