Convert Kuwaiti Dinar to Malawian Kwacha
Please provide values below to convert Kuwaiti Dinar [KWD] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Kuwaiti Dinar.
How to Convert Kuwaiti Dinar to Malawian Kwacha
1 KWD = 0.000175165370391305 MWK
Example: convert 15 KWD to MWK:
15 KWD = 15 × 0.000175165370391305 MWK = 0.00262748055586958 MWK
Kuwaiti Dinar to Malawian Kwacha Conversion Table
| Kuwaiti Dinar | Malawian Kwacha |
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Kuwaiti Dinar
The Kuwaiti Dinar (KWD) is the official currency of Kuwait, used as the country's legal tender for all transactions.
History/Origin
The Kuwaiti Dinar was introduced in 1960, replacing the Gulf rupee at par. It was initially pegged to the British pound and later to the US dollar, maintaining a stable and strong currency due to Kuwait's oil wealth.
Current Use
Today, the Kuwaiti Dinar remains one of the highest-valued currencies globally, widely used within Kuwait for all financial transactions and recognized for its stability and strength in international markets.
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.