Convert Malawian Kwacha to Mozambican Metical
Please provide values below to convert Malawian Kwacha [MWK] to Mozambican Metical [MZN], or Convert Mozambican Metical to Malawian Kwacha.
How to Convert Malawian Kwacha to Mozambican Metical
1 MWK = 27.4038395342514 MZN
Example: convert 15 MWK to MZN:
15 MWK = 15 × 27.4038395342514 MZN = 411.05759301377 MZN
Malawian Kwacha to Mozambican Metical 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.
Mozambican Metical
The Mozambican Metical (MZN) is the official currency of Mozambique, used for all monetary transactions within the country.
History/Origin
The Metical was introduced in 1980, replacing the Mozambique Escudo, to stabilize the economy and modernize the monetary system. It has undergone several redenominations and reforms since its inception.
Current Use
The Metical is actively used as Mozambique's primary currency for everyday transactions, banking, and trade. It is issued and regulated by the Bank of Mozambique.