Convert Malawian Kwacha to Australian Dollar
Please provide values below to convert Malawian Kwacha [MWK] to Australian Dollar [AUD], or Convert Australian Dollar to Malawian Kwacha.
How to Convert Malawian Kwacha to Australian Dollar
1 MWK = 1140.13556107769 AUD
Example: convert 15 MWK to AUD:
15 MWK = 15 × 1140.13556107769 AUD = 17102.0334161653 AUD
Malawian Kwacha to Australian 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.
Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.