Convert Norwegian Krone to Malawian Kwacha
Please provide values below to convert Norwegian Krone [NOK] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Norwegian Krone.
How to Convert Norwegian Krone to Malawian Kwacha
1 NOK = 0.005799728855019 MWK
Example: convert 15 NOK to MWK:
15 NOK = 15 × 0.005799728855019 MWK = 0.0869959328252849 MWK
Norwegian Krone to Malawian Kwacha Conversion Table
| Norwegian Krone | Malawian Kwacha |
|---|
Norwegian Krone
The Norwegian Krone (NOK) is the official currency of Norway, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Norwegian Krone was introduced in 1875, replacing the Norwegian Speciedaler, and has undergone various reforms, including decimalization in 1875 and decimal standardization in 1963. It has been Norway's official currency since then.
Current Use
The NOK is actively used in Norway for all financial transactions, including banking, commerce, and international trade. It is also traded on the foreign exchange market and is considered a stable currency within the region.
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.