Convert Euro to Malawian Kwacha
Please provide values below to convert Euro [EUR] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Euro.
How to Convert Euro to Malawian Kwacha
1 EUR = 0.000489075020735645 MWK
Example: convert 15 EUR to MWK:
15 EUR = 15 × 0.000489075020735645 MWK = 0.00733612531103468 MWK
Euro to Malawian Kwacha Conversion Table
| Euro | Malawian Kwacha |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.