Convert Philippine Peso to Malawian Kwacha
Please provide values below to convert Philippine Peso [PHP] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Philippine Peso.
How to Convert Philippine Peso to Malawian Kwacha
1 PHP = 0.0326598528828842 MWK
Example: convert 15 PHP to MWK:
15 PHP = 15 × 0.0326598528828842 MWK = 0.489897793243263 MWK
Philippine Peso to Malawian Kwacha Conversion Table
Philippine Peso | Malawian Kwacha |
---|
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets 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.