Convert Malawian Kwacha to Israeli New Sheqel
Please provide values below to convert Malawian Kwacha [MWK] to Israeli New Sheqel [ILS], or Convert Israeli New Sheqel to Malawian Kwacha.
How to Convert Malawian Kwacha to Israeli New Sheqel
1 MWK = 521.224304932735 ILS
Example: convert 15 MWK to ILS:
15 MWK = 15 × 521.224304932735 ILS = 7818.36457399103 ILS
Malawian Kwacha to Israeli New Sheqel Conversion Table
| Malawian Kwacha | Israeli New Sheqel |
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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.
Israeli New Sheqel
The Israeli New Sheqel (ILS) is the official currency of Israel, used for everyday transactions and economic activities within the country.
History/Origin
The Israeli New Sheqel was introduced in 1985, replacing the old Sheqel at a rate of 1,000 old Sheqels to 1 New Sheqel, as part of economic reforms to stabilize the Israeli economy.
Current Use
Today, the ILS is widely used in Israel for all financial transactions, including banking, commerce, and government operations, and is also accepted in some Palestinian territories.