Convert Malawian Kwacha to Eritrean Nakfa
Please provide values below to convert Malawian Kwacha [MWK] to Eritrean Nakfa [ERN], or Convert Eritrean Nakfa to Malawian Kwacha.
How to Convert Malawian Kwacha to Eritrean Nakfa
1 MWK = 116.23302 ERN
Example: convert 15 MWK to ERN:
15 MWK = 15 × 116.23302 ERN = 1743.4953 ERN
Malawian Kwacha to Eritrean Nakfa Conversion Table
| Malawian Kwacha | Eritrean Nakfa |
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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.
Eritrean Nakfa
The Eritrean Nakfa (ERN) is the official currency of Eritrea, used for all monetary transactions within the country.
History/Origin
The Nakfa was introduced in 1997, replacing the Ethiopian Birr as Eritrea's national currency, to establish economic independence and stabilize the economy after independence in 1993.
Current Use
The ERN is actively used as the primary currency in Eritrea for everyday transactions, banking, and trade, with its value regulated by the country's central bank.