Convert Malawian Kwacha to Chinese Yuan (Offshore)
Please provide values below to convert Malawian Kwacha [MWK] to Chinese Yuan (Offshore) [CNH], or Convert Chinese Yuan (Offshore) to Malawian Kwacha.
How to Convert Malawian Kwacha to Chinese Yuan (Offshore)
1 MWK = 243.113808943405 CNH
Example: convert 15 MWK to CNH:
15 MWK = 15 × 243.113808943405 CNH = 3646.70713415108 CNH
Malawian Kwacha to Chinese Yuan (Offshore) Conversion Table
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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.
Chinese Yuan (Offshore)
CNH (Chinese Yuan Offshore) is the offshore version of China's currency, the Renminbi, used primarily for international trade and investment outside mainland China.
History/Origin
CNH was introduced in 2010 to facilitate offshore trading of the Chinese currency, allowing greater flexibility and internationalization of the Renminbi separate from the onshore RMB (CNY).
Current Use
CNH is widely used in global financial markets for trading, investment, and currency exchange, serving as a key component in international trade involving China.