Malawian kwacha

The Malawian kwacha is the currency of Malawi (MW)
1 MWK = 0.001 AUD
1 AUD = 1136.102 MWK
1 MWK = 0.740 ARS
1 ARS = 1.351 MWK
1 MWK = 1.719 BIF
1 BIF = 0.582 MWK
1 MWK = 0.000 BHD
1 BHD = 4602.420 MWK
1 MWK = 0.004 BOB
1 BOB = 251.002 MWK
1 MWK = 0.001 AZN
1 AZN = 1017.947 MWK
1 MWK = 0.050 BTN
1 BTN = 20.005 MWK
1 MWK = 0.292 CRC
1 CRC = 3.428 MWK
1 MWK = 0.012 CZK
1 CZK = 82.736 MWK
1 MWK = 0.004 CNY
1 CNY = 241.398 MWK
1 MWK = 0.004 DKK
1 DKK = 272.363 MWK
1 MWK = 0.080 ETB
1 ETB = 12.449 MWK
1 MWK = 5.017 GNF
1 GNF = 0.199 MWK
1 MWK = 0.004 HRK
1 HRK = 269.806 MWK
1 MWK = 9.451 IDR
1 IDR = 0.106 MWK
1 MWK = 0.093 JMD
1 JMD = 10.802 MWK
1 MWK = 0.050 KGS
1 KGS = 19.823 MWK
1 MWK = 0.001 BAM
1 BAM = 1039.408 MWK
1 MWK = 0.001 ANG
1 ANG = 962.999 MWK
1 MWK = 0.008 BWP
1 BWP = 124.488 MWK
1 MWK = 0.001 BND
1 BND = 1350.800 MWK
1 MWK = 1.661 CDF
1 CDF = 0.602 MWK
1 MWK = 0.001 BZD
1 BZD = 858.942 MWK
1 MWK = 18.922 BYR
1 BYR = 0.053 MWK
1 MWK = 0.001 BGN
1 BGN = 1039.408 MWK
1 MWK = 0.001 CAD
1 CAD = 1262.777 MWK
1 MWK = 0.075 DZD
1 DZD = 13.362 MWK
1 MWK = 0.009 ERN
1 ERN = 115.367 MWK
1 MWK = 0.028 EGP
1 EGP = 35.240 MWK
1 MWK = 0.001 FJD
1 FJD = 771.619 MWK
1 MWK = 0.000 GBP
1 GBP = 2325.142 MWK
1 MWK = 0.000 FKP
1 FKP = 2325.142 MWK
1 MWK = 0.004 GTQ
1 GTQ = 225.386 MWK
1 MWK = 0.005 HKD
1 HKD = 220.461 MWK
1 MWK = 0.195 HUF
1 HUF = 5.123 MWK
1 MWK = 0.756 IQD
1 IQD = 1.322 MWK
1 MWK = 24.303 IRR
1 IRR = 0.041 MWK
1 MWK = 0.242 KMF
1 KMF = 4.132 MWK
1 MWK = 0.799 KRW
1 KRW = 1.251 MWK
1 MWK = 0.048 ALL
1 ALL = 20.857 MWK
1 MWK = 0.071 BDT
1 BDT = 14.167 MWK
1 MWK = 0.001 AWG
1 AWG = 966.765 MWK
1 MWK = 0.003 BRL
1 BRL = 310.918 MWK
1 MWK = 0.000 BCH
1 BCH = 961928.849 MWK
1 MWK = 0.000 BTC
1 BTC = 192278888.889 MWK
1 MWK = 0.002 AED
1 AED = 471.208 MWK
1 MWK = 0.527 AOA
1 AOA = 1.898 MWK
1 MWK = 0.001 BSD
1 BSD = 1730.510 MWK
1 MWK = 0.557 CLP
1 CLP = 1.796 MWK
1 MWK = 0.002 BYN
1 BYN = 528.481 MWK
1 MWK = 2.374 COP
1 COP = 0.421 MWK
1 MWK = 0.014 CUP
1 CUP = 72.225 MWK
1 MWK = 0.000 ETH
1 ETH = 6481310.861 MWK
1 MWK = 0.000 EUR
1 EUR = 2032.857 MWK
1 MWK = 0.015 HNL
1 HNL = 66.141 MWK
1 MWK = 0.042 GMD
1 GMD = 24.052 MWK
1 MWK = 0.000 GIP
1 GIP = 2325.142 MWK
1 MWK = 0.076 HTG
1 HTG = 13.206 MWK
1 MWK = 0.000 JOD
1 JOD = 2440.776 MWK
1 MWK = 0.085 JPY
1 JPY = 11.719 MWK
1 MWK = 0.040 AFN
1 AFN = 25.037 MWK
1 MWK = 0.001 BBD
1 BBD = 865.255 MWK
1 MWK = 0.001 BMD
1 BMD = 1730.510 MWK
1 MWK = 0.222 AMD
1 AMD = 4.507 MWK
1 MWK = 0.000 CHF
1 CHF = 2175.401 MWK
1 MWK = 0.103 DJF
1 DJF = 9.699 MWK
1 MWK = 0.035 DOP
1 DOP = 28.569 MWK
1 MWK = 0.054 CVE
1 CVE = 18.435 MWK
1 MWK = 0.002 GEL
1 GEL = 638.847 MWK
1 MWK = 0.006 GHS
1 GHS = 165.615 MWK
1 MWK = 0.121 GYD
1 GYD = 8.286 MWK
1 MWK = 0.002 ILS
1 ILS = 516.000 MWK
1 MWK = 0.050 INR
1 INR = 20.005 MWK
1 MWK = 0.070 ISK
1 ISK = 14.288 MWK
1 MWK = 2.310 KHR
1 KHR = 0.433 MWK
1 MWK = 0.075 KES
1 KES = 13.418 MWK
1 MWK = 0.000 KWD
1 KWD = 5667.114 MWK
1 MWK = 0.315 KZT
1 KZT = 3.178 MWK
1 MWK = 0.174 LKR
1 LKR = 5.745 MWK
1 MWK = 0.005 MAD
1 MAD = 192.343 MWK
1 MWK = 1.212 MMK
1 MMK = 0.825 MWK
1 MWK = 2.074 MNT
1 MNT = 0.482 MWK
1 MWK = 0.026 MUR
1 MUR = 38.129 MWK
1 MWK = 0.230 MRO
1 MRO = 4.343 MWK
1 MWK = 0.009 MVR
1 MVR = 112.363 MWK
1 MWK = 1.000 MWK
1 MWK = 1.000 MWK
1 MWK = 0.001 NZD
1 NZD = 1041.159 MWK
1 MWK = 0.080 NPR
1 NPR = 12.497 MWK
1 MWK = 0.033 PHP
1 PHP = 30.281 MWK
1 MWK = 0.163 PKR
1 PKR = 6.117 MWK
1 MWK = 0.834 RWF
1 RWF = 1.199 MWK
1 MWK = 0.000 LTC
1 LTC = 195914.185 MWK
1 MWK = 0.011 MXN
1 MXN = 93.279 MWK
1 MWK = 0.021 NIO
1 NIO = 47.112 MWK
1 MWK = 0.002 RON
1 RON = 401.120 MWK
1 MWK = 0.520 KPW
1 KPW = 1.923 MWK
1 MWK = 0.000 KYD
1 KYD = 2110.352 MWK
1 MWK = 51.770 LBP
1 LBP = 0.019 MWK
1 MWK = 0.003 LYD
1 LYD = 321.125 MWK
1 MWK = 12.431 LAK
1 LAK = 0.080 MWK
1 MWK = 2.548 MGA
1 MGA = 0.393 MWK
1 MWK = 0.116 LRD
1 LRD = 8.646 MWK
1 MWK = 0.030 MKD
1 MKD = 33.023 MWK
1 MWK = 0.010 LSL
1 LSL = 97.411 MWK
1 MWK = 0.005 MOP
1 MOP = 214.040 MWK
1 MWK = 0.010 MDL
1 MDL = 103.092 MWK
1 MWK = 0.010 NAD
1 NAD = 97.411 MWK
1 MWK = 0.002 MYR
1 MYR = 409.646 MWK
1 MWK = 0.000 OMR
1 OMR = 4499.623 MWK
1 MWK = 0.883 NGN
1 NGN = 1.132 MWK
1 MWK = 0.002 PGK
1 PGK = 425.794 MWK
1 MWK = 0.001 PAB
1 PAB = 1730.510 MWK
1 MWK = 0.002 PEN
1 PEN = 488.831 MWK
1 MWK = 0.006 NOK
1 NOK = 170.292 MWK
1 MWK = 0.002 PLN
1 PLN = 478.398 MWK
1 MWK = 4.326 PYG
1 PYG = 0.231 MWK
1 MWK = 0.002 QAR
1 QAR = 475.415 MWK
1 MWK = 0.005 SBD
1 SBD = 203.594 MWK
1 MWK = 0.002 SAR
1 SAR = 461.469 MWK
1 MWK = 0.001 SGD
1 SGD = 1350.800 MWK
1 MWK = 13.109 SLL
1 SLL = 0.076 MWK
1 MWK = 0.019 THB
1 THB = 53.445 MWK
1 MWK = 0.017 TWD
1 TWD = 58.693 MWK
1 MWK = 0.024 UAH
1 UAH = 41.453 MWK
1 MWK = 2.072 UGX
1 UGX = 0.483 MWK
1 MWK = 0.021 SRD
1 SRD = 47.199 MWK
1 MWK = 12.162 STD
1 STD = 0.082 MWK
1 MWK = 0.023 TRY
1 TRY = 42.668 MWK
1 MWK = 0.004 TTD
1 TTD = 254.682 MWK
1 MWK = 0.001 TOP
1 TOP = 731.500 MWK
1 MWK = 7.279 UZS
1 UZS = 0.137 MWK
1 MWK = 0.139 YER
1 YER = 7.182 MWK
1 MWK = 0.010 ZAR
1 ZAR = 97.411 MWK
1 MWK = 0.058 RSD
1 RSD = 17.357 MWK
1 MWK = 0.046 RUB
1 RUB = 21.800 MWK
1 MWK = 0.329 SOS
1 SOS = 3.041 MWK
1 MWK = 0.005 SVC
1 SVC = 197.773 MWK
1 MWK = 7.513 SYP
1 SYP = 0.133 MWK
1 MWK = 0.010 SZL
1 SZL = 97.411 MWK
1 MWK = 0.002 TND
1 TND = 595.434 MWK
1 MWK = 0.023 UYU
1 UYU = 43.123 MWK
1 MWK = 15.104 VND
1 VND = 0.066 MWK
1 MWK = 0.069 VUV
1 VUV = 14.591 MWK
1 MWK = 0.002 WST
1 WST = 631.804 MWK
1 MWK = 0.323 XAF
1 XAF = 3.099 MWK
1 MWK = 0.002 XCD
1 XCD = 640.360 MWK
1 MWK = 0.008 SCR
1 SCR = 119.091 MWK
1 MWK = 0.006 SEK
1 SEK = 181.624 MWK
1 MWK = 0.000 SHP
1 SHP = 2325.142 MWK
1 MWK = 1.487 TZS
1 TZS = 0.673 MWK
1 MWK = 0.001 USD
1 USD = 1730.510 MWK
1 MWK = 0.059 XPF
1 XPF = 17.036 MWK
1 MWK = 0.323 XOF
1 XOF = 3.099 MWK

Evolution of the MWK Exchange Rate

The Malawian kwacha (MWK) exchange rate has experienced significant fluctuations over time. In the early years after its introduction in 1971, the MWK was pegged to the British pound. However, due to economic challenges and policy changes, Malawi adopted a floating exchange rate regime in 1994. Since then, the MWK has been subject to market forces and has faced both appreciations and depreciations against major currencies.

Variations in the MWK Exchange Rate

The MWK exchange rate has shown significant variations against major currencies such as the US dollar and South African rand. Factors such as inflation, interest rates, balance of payments, and political stability have influenced these variations. For instance, periods of economic instability and high inflation have led to sharp depreciations of the MWK, while periods of robust growth and improved economic fundamentals have resulted in appreciations of the currency.

Significance of MWK in the Global Economy

The Malawian kwacha plays a relatively small role in the global economy. Malawi's economy is primarily dependent on agriculture, and it has a relatively low level of international trade. As a result, the MWK does not have a significant impact on global currency markets or financial systems. However, developments in the Malawian economy and its exchange rate can have implications for regional trade and investment flows in Southern Africa.

Shocks Experienced by MWK and Correlation with Other Currencies

The MWK exchange rate has been susceptible to various shocks, both internal and external. Internal shocks include changes in economic policies, political instability, and natural disasters. External shocks encompass global economic downturns, fluctuations in commodity prices (especially tobacco and tea, which are major Malawian exports), and changes in international financial market conditions.

The correlation of the MWK with other currencies is influenced by factors such as trade relationships, investment flows, and global economic trends. For instance, the Malawian economy's ties with South Africa contribute to a relatively strong correlation between the MWK and the South African rand. However, the correlation is not fixed and can change depending on changing economic conditions and policies.