Convert Australian Dollar to Malawian Kwacha
Please provide values below to convert Australian Dollar [AUD] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Australian Dollar.
How to Convert Australian Dollar to Malawian Kwacha
1 AUD = 0.000877088685011081 MWK
Example: convert 15 AUD to MWK:
15 AUD = 15 × 0.000877088685011081 MWK = 0.0131563302751662 MWK
Australian Dollar to Malawian Kwacha Conversion Table
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.