Convert New Taiwan Dollar to Malawian Kwacha
Please provide values below to convert New Taiwan Dollar [TWD] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Malawian Kwacha
1 TWD = 0.0168426034759027 MWK
Example: convert 15 TWD to MWK:
15 TWD = 15 × 0.0168426034759027 MWK = 0.25263905213854 MWK
New Taiwan Dollar to Malawian Kwacha Conversion Table
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange 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.