Malawi Kwacha (MWK)

The Malawi Kwacha is issued by the Reserve Bank of Malawi.

Alphabetic code
MWK
Numeric code
454
Symbol
MK
Minor units
2
Example
MWK 1,234.50
Used in
Malawi

History

  1. 1964 The Reserve Bank of Malawi is established by an Act of Parliament in July and begins operating in Blantyre in June 1965.
  2. 1971 The kwacha replaces the Malawi pound, with the conversion under the Decimal Currency Act commencing on 15 February at two kwacha to one pound.

Live exchange rates

Sources