Convert Swiss Franc to Malawian Kwacha
Please provide values below to convert Swiss Franc [CHF] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Swiss Franc.
How to Convert Swiss Franc to Malawian Kwacha
1 CHF = 0.000455923225029629 MWK
Example: convert 15 CHF to MWK:
15 CHF = 15 × 0.000455923225029629 MWK = 0.00683884837544443 MWK
Swiss Franc to Malawian Kwacha Conversion Table
Swiss Franc | Malawian Kwacha |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency 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.