Convert Malawian Kwacha to Burundian Franc
Please provide values below to convert Malawian Kwacha [MWK] to Burundian Franc [BIF], or Convert Burundian Franc to Malawian Kwacha.
How to Convert Malawian Kwacha to Burundian Franc
1 MWK = 0.587233868413115 BIF
Example: convert 15 MWK to BIF:
15 MWK = 15 × 0.587233868413115 BIF = 8.80850802619673 BIF
Malawian Kwacha to Burundian Franc Conversion Table
| Malawian Kwacha | Burundian Franc |
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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.
Burundian Franc
The Burundian Franc (BIF) is the official currency of Burundi, used for everyday transactions within the country.
History/Origin
The Burundian Franc was introduced in 1964, replacing the Belgian Congo franc, following Burundi's independence. It has undergone various redenominations and inflation adjustments over the years.
Current Use
Today, the BIF is widely used in Burundi for all monetary transactions, with coins and banknotes issued by the Central Bank of Burundi. It remains the legal tender in the country.