Convert Peruvian Nuevo Sol to Malawian Kwacha
Please provide values below to convert Peruvian Nuevo Sol [PEN] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Peruvian Nuevo Sol.
How to Convert Peruvian Nuevo Sol to Malawian Kwacha
1 PEN = 0.00204055611735804 MWK
Example: convert 15 PEN to MWK:
15 PEN = 15 × 0.00204055611735804 MWK = 0.0306083417603707 MWK
Peruvian Nuevo Sol to Malawian Kwacha Conversion Table
| Peruvian Nuevo Sol | Malawian Kwacha |
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Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.
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.