Convert Mexican Peso to Malawian Kwacha
Please provide values below to convert Mexican Peso [MXN] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Mexican Peso.
How to Convert Mexican Peso to Malawian Kwacha
1 MXN = 0.0106935762889639 MWK
Example: convert 15 MXN to MWK:
15 MXN = 15 × 0.0106935762889639 MWK = 0.160403644334459 MWK
Mexican Peso to Malawian Kwacha Conversion Table
Mexican Peso | Malawian Kwacha |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.