Convert Malawian Kwacha to Thai Baht
Please provide values below to convert Malawian Kwacha [MWK] to Thai Baht [THB], or Convert Thai Baht to Malawian Kwacha.
How to Convert Malawian Kwacha to Thai Baht
1 MWK = 54.124637564183 THB
Example: convert 15 MWK to THB:
15 MWK = 15 × 54.124637564183 THB = 811.869563462744 THB
Malawian Kwacha to Thai Baht 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.
Thai Baht
The Thai Baht (THB) is the official currency of Thailand, used for all monetary transactions within the country.
History/Origin
The Thai Baht has been the official currency of Thailand since the late 19th century, evolving from the traditional tical and undergoing various reforms, including decimalization in 1897 and a series of currency reforms to stabilize its value.
Current Use
The Thai Baht is widely used in Thailand for everyday transactions, banking, and international trade. It is also traded on the foreign exchange market and is considered a stable currency in Southeast Asia.