MWK (Malawian Kwacha)

The currency abbreviation for the Malawian kwacha (MWK), the currency for Malawi. The Malawian kwacha is made up of 100 tambala and is often presented with the symbol MK. The name kwacha comes from the word "dawn" in Chichewa, which along with English, is the official language of Malawi.

From Malawi's independence in 1964, the Malawian pound was the currency of Malawi. The pound remained the currency until 1971, when the Malawian kwacha replaced the pound at a rate of 2:1. At the time of this change, the currency of Malawi was decimalized.


Investment dictionary. . 2012.

Look at other dictionaries:

  • Malawian kwacha — Current coins ISO 4217 code MWK …   Wikipedia

  • MWK — The ISO 4217 currency code for the Malawian Kwacha. Bloomberg Financial Dictionary …   Financial and business terms

  • Malawi — Malawian, adj., n. /meuh lah wee/, n. 1. Formerly, Nyasaland. a republic in SE Africa, on the W and S shores of Lake Malawi: formerly a British protectorate and part of the Federation of Rhodesia and Nyasaland; gained independence July 6, 1964; a …   Universalium

  • ISO 4217 — Currency code redirects here. It is not to be confused with Currency sign. Exchange rates display at a Bureau de change listing currency names in English and their ISO 4217 codes. This list displays the United Kingdom as England , one of its… …   Wikipedia

  • List of circulating currencies — A currency is a unit of exchange and hence a kind of money and medium of exchange. Currency includes paper or polymer banknotes and metal coins. Countries generally have a monopoly on the issuing of currency, although some countries share… …   Wikipedia

  • Malawi — Not to be confused with Mallavi or Mallawi. Republic of Malawi Chalo cha Malawi, Dziko la Malaŵi …   Wikipedia

  • Outline of Malawi — The Flag of …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.