Convert Malawian Kwacha to Bermudan Dollar
Please provide values below to convert Malawian Kwacha [MWK] to Bermudan Dollar [BMD], or Convert Bermudan Dollar to Malawian Kwacha.
How to Convert Malawian Kwacha to Bermudan Dollar
1 MWK = 1743.4953 BMD
Example: convert 15 MWK to BMD:
15 MWK = 15 × 1743.4953 BMD = 26152.4295 BMD
Malawian Kwacha to Bermudan Dollar Conversion Table
| Malawian Kwacha | Bermudan Dollar |
|---|
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.
Bermudan Dollar
The Bermudan Dollar (BMD) is the official currency of Bermuda, used for all monetary transactions within the territory.
History/Origin
Introduced in 1970, the Bermudan Dollar replaced the Bermudian Pound at par, aligning Bermuda's currency with the US dollar for economic stability and convenience.
Current Use
The Bermudan Dollar is widely accepted in Bermuda, often pegged at par to the US dollar, and is used in everyday transactions, banking, and commerce within the territory.