Convert Bulgarian Lev to Malawian Kwacha
Please provide values below to convert Bulgarian Lev [BGN] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Bulgarian Lev.
How to Convert Bulgarian Lev to Malawian Kwacha
1 BGN = 0.000956469455352131 MWK
Example: convert 15 BGN to MWK:
15 BGN = 15 × 0.000956469455352131 MWK = 0.014347041830282 MWK
Bulgarian Lev to Malawian Kwacha Conversion Table
| Bulgarian Lev | Malawian Kwacha |
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.