Convert Malaysian Ringgit to Malawian Kwacha
Please provide values below to convert Malaysian Ringgit [MYR] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Malaysian Ringgit.
How to Convert Malaysian Ringgit to Malawian Kwacha
1 MYR = 0.00242696381229132 MWK
Example: convert 15 MYR to MWK:
15 MYR = 15 × 0.00242696381229132 MWK = 0.0364044571843698 MWK
Malaysian Ringgit to Malawian Kwacha Conversion Table
| Malaysian Ringgit | Malawian Kwacha |
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Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.
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.