Convert Malawian Kwacha to Nigerian Naira
Please provide values below to convert Malawian Kwacha [MWK] to Nigerian Naira [NGN], or Convert Nigerian Naira to Malawian Kwacha.
How to Convert Malawian Kwacha to Nigerian Naira
1 MWK = 1.13901613435239 NGN
Example: convert 15 MWK to NGN:
15 MWK = 15 × 1.13901613435239 NGN = 17.0852420152859 NGN
Malawian Kwacha to Nigerian Naira Conversion Table
Malawian Kwacha | Nigerian Naira |
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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.
Nigerian Naira
The Nigerian Naira (NGN) is the official currency of Nigeria, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, the Naira replaced the Nigerian pound at a rate of 2 Naira to 1 pound, and has undergone various redenominations and currency reforms since then.
Current Use
The Naira is widely used across Nigeria for everyday transactions, banking, and trade, with coins and banknotes issued by the Central Bank of Nigeria.