Convert South Korean Won to Malawian Kwacha
Please provide values below to convert South Korean Won [KRW] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to South Korean Won.
How to Convert South Korean Won to Malawian Kwacha
1 KRW = 0.792988200197615 MWK
Example: convert 15 KRW to MWK:
15 KRW = 15 × 0.792988200197615 MWK = 11.8948230029642 MWK
South Korean Won to Malawian Kwacha Conversion Table
| South Korean Won | Malawian Kwacha |
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South Korean Won
The South Korean Won (KRW) is the official currency of South Korea, used for all monetary transactions within the country.
History/Origin
The Won was first introduced in 1945, replacing the Korean yen. It has undergone several redenominations and reforms, with the current form established in 1962 to stabilize the economy after periods of inflation.
Current Use
Today, the South Korean Won is widely used in South Korea for everyday transactions, banking, and international trade, and is managed by the Bank of Korea.
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.