Malawian kwacha

The Malawian kwacha is the currency of Malawi (MW)
1 MWK = 0.001 AUD
1 AUD = 1130.968 MWK
1 MWK = 0.856 ARS
1 ARS = 1.168 MWK
1 MWK = 1.696 BIF
1 BIF = 0.590 MWK
1 MWK = 0.000 BHD
1 BHD = 4615.612 MWK
1 MWK = 0.004 BOB
1 BOB = 251.364 MWK
1 MWK = 0.001 AZN
1 AZN = 1020.865 MWK
1 MWK = 0.051 BTN
1 BTN = 19.764 MWK
1 MWK = 0.289 CRC
1 CRC = 3.456 MWK
1 MWK = 0.012 CZK
1 CZK = 82.851 MWK
1 MWK = 0.004 CNY
1 CNY = 243.657 MWK
1 MWK = 0.004 DKK
1 DKK = 269.780 MWK
1 MWK = 0.087 ETB
1 ETB = 11.505 MWK
1 MWK = 4.999 GNF
1 GNF = 0.200 MWK
1 MWK = 0.004 HRK
1 HRK = 267.464 MWK
1 MWK = 9.568 IDR
1 IDR = 0.105 MWK
1 MWK = 0.092 JMD
1 JMD = 10.818 MWK
1 MWK = 0.050 KGS
1 KGS = 19.842 MWK
1 MWK = 0.001 BAM
1 BAM = 1030.381 MWK
1 MWK = 0.001 ANG
1 ANG = 964.096 MWK
1 MWK = 0.008 BWP
1 BWP = 123.293 MWK
1 MWK = 0.001 BND
1 BND = 1336.416 MWK
1 MWK = 1.313 CDF
1 CDF = 0.762 MWK
1 MWK = 0.001 BZD
1 BZD = 862.645 MWK
1 MWK = 19.619 BYR
1 BYR = 0.051 MWK
1 MWK = 0.001 BGN
1 BGN = 1030.381 MWK
1 MWK = 0.001 CAD
1 CAD = 1240.153 MWK
1 MWK = 0.075 DZD
1 DZD = 13.304 MWK
1 MWK = 0.009 ERN
1 ERN = 115.698 MWK
1 MWK = 0.027 EGP
1 EGP = 36.505 MWK
1 MWK = 0.001 FJD
1 FJD = 754.913 MWK
1 MWK = 0.000 GBP
1 GBP = 2311.217 MWK
1 MWK = 0.000 FKP
1 FKP = 2311.217 MWK
1 MWK = 0.004 GTQ
1 GTQ = 226.651 MWK
1 MWK = 0.004 HKD
1 HKD = 223.321 MWK
1 MWK = 0.194 HUF
1 HUF = 5.158 MWK
1 MWK = 0.756 IQD
1 IQD = 1.323 MWK
1 MWK = 24.221 IRR
1 IRR = 0.041 MWK
1 MWK = 0.244 KMF
1 KMF = 4.096 MWK
1 MWK = 0.828 KRW
1 KRW = 1.207 MWK
1 MWK = 0.048 ALL
1 ALL = 20.857 MWK
1 MWK = 0.070 BDT
1 BDT = 14.189 MWK
1 MWK = 0.001 AWG
1 AWG = 969.536 MWK
1 MWK = 0.003 BRL
1 BRL = 322.482 MWK
1 MWK = 0.000 BCH
1 BCH = 84533.366 MWK
1 MWK = 0.000 BTC
1 BTC = 192830000.000 MWK
1 MWK = 0.002 AED
1 AED = 472.558 MWK
1 MWK = 0.527 AOA
1 AOA = 1.897 MWK
1 MWK = 0.001 BSD
1 BSD = 1735.470 MWK
1 MWK = 0.545 CLP
1 CLP = 1.833 MWK
1 MWK = 0.002 BYN
1 BYN = 509.713 MWK
1 MWK = 2.236 COP
1 COP = 0.447 MWK
1 MWK = 0.014 CUP
1 CUP = 72.384 MWK
1 MWK = 0.000 ETH
1 ETH = 6805764.706 MWK
1 MWK = 0.000 EUR
1 EUR = 2015.223 MWK
1 MWK = 0.015 HNL
1 HNL = 66.055 MWK
1 MWK = 0.042 GMD
1 GMD = 23.758 MWK
1 MWK = 0.000 GIP
1 GIP = 2311.217 MWK
1 MWK = 0.075 HTG
1 HTG = 13.261 MWK
1 MWK = 0.000 JOD
1 JOD = 2447.772 MWK
1 MWK = 0.088 JPY
1 JPY = 11.371 MWK
1 MWK = 0.038 AFN
1 AFN = 26.144 MWK
1 MWK = 0.001 BBD
1 BBD = 867.735 MWK
1 MWK = 0.001 BMD
1 BMD = 1735.470 MWK
1 MWK = 0.220 AMD
1 AMD = 4.550 MWK
1 MWK = 0.000 CHF
1 CHF = 2181.362 MWK
1 MWK = 0.103 DJF
1 DJF = 9.748 MWK
1 MWK = 0.037 DOP
1 DOP = 27.197 MWK
1 MWK = 0.055 CVE
1 CVE = 18.275 MWK
1 MWK = 0.002 GEL
1 GEL = 637.408 MWK
1 MWK = 0.006 GHS
1 GHS = 160.692 MWK
1 MWK = 0.120 GYD
1 GYD = 8.302 MWK
1 MWK = 0.002 ILS
1 ILS = 527.434 MWK
1 MWK = 0.051 INR
1 INR = 19.764 MWK
1 MWK = 0.071 ISK
1 ISK = 14.172 MWK
1 MWK = 2.325 KHR
1 KHR = 0.430 MWK
1 MWK = 0.074 KES
1 KES = 13.443 MWK
1 MWK = 0.000 KWD
1 KWD = 5660.187 MWK
1 MWK = 0.310 KZT
1 KZT = 3.229 MWK
1 MWK = 0.175 LKR
1 LKR = 5.727 MWK
1 MWK = 0.005 MAD
1 MAD = 187.923 MWK
1 MWK = 1.210 MMK
1 MMK = 0.827 MWK
1 MWK = 2.072 MNT
1 MNT = 0.483 MWK
1 MWK = 0.026 MUR
1 MUR = 38.120 MWK
1 MWK = 0.231 MRO
1 MRO = 4.333 MWK
1 MWK = 0.009 MVR
1 MVR = 112.649 MWK
1 MWK = 1.000 MWK
1 MWK = 1.000 MWK
1 MWK = 0.001 NZD
1 NZD = 998.602 MWK
1 MWK = 0.081 NPR
1 NPR = 12.347 MWK
1 MWK = 0.034 PHP
1 PHP = 29.606 MWK
1 MWK = 0.163 PKR
1 PKR = 6.143 MWK
1 MWK = 0.835 RWF
1 RWF = 1.197 MWK
1 MWK = 0.000 LTC
1 LTC = 164359.314 MWK
1 MWK = 0.011 MXN
1 MXN = 94.329 MWK
1 MWK = 0.021 NIO
1 NIO = 47.208 MWK
1 MWK = 0.003 RON
1 RON = 396.389 MWK
1 MWK = 0.519 KPW
1 KPW = 1.928 MWK
1 MWK = 0.000 KYD
1 KYD = 2087.884 MWK
1 MWK = 51.642 LBP
1 LBP = 0.019 MWK
1 MWK = 0.003 LYD
1 LYD = 319.026 MWK
1 MWK = 12.492 LAK
1 LAK = 0.080 MWK
1 MWK = 2.579 MGA
1 MGA = 0.388 MWK
1 MWK = 0.105 LRD
1 LRD = 9.491 MWK
1 MWK = 0.031 MKD
1 MKD = 32.697 MWK
1 MWK = 0.010 LSL
1 LSL = 100.258 MWK
1 MWK = 0.005 MOP
1 MOP = 216.817 MWK
1 MWK = 0.010 MDL
1 MDL = 102.309 MWK
1 MWK = 0.010 NAD
1 NAD = 100.258 MWK
1 MWK = 0.002 MYR
1 MYR = 410.374 MWK
1 MWK = 0.000 OMR
1 OMR = 4509.706 MWK
1 MWK = 0.842 NGN
1 NGN = 1.187 MWK
1 MWK = 0.002 PGK
1 PGK = 412.922 MWK
1 MWK = 0.001 PAB
1 PAB = 1735.470 MWK
1 MWK = 0.002 PEN
1 PEN = 511.470 MWK
1 MWK = 0.006 NOK
1 NOK = 173.860 MWK
1 MWK = 0.002 PLN
1 PLN = 476.503 MWK
1 MWK = 4.074 PYG
1 PYG = 0.245 MWK
1 MWK = 0.002 QAR
1 QAR = 476.777 MWK
1 MWK = 0.005 SBD
1 SBD = 204.804 MWK
1 MWK = 0.002 SAR
1 SAR = 462.792 MWK
1 MWK = 0.001 SGD
1 SGD = 1336.416 MWK
1 MWK = 13.317 SLL
1 SLL = 0.075 MWK
1 MWK = 0.019 THB
1 THB = 52.943 MWK
1 MWK = 0.018 TWD
1 TWD = 56.396 MWK
1 MWK = 0.024 UAH
1 UAH = 41.436 MWK
1 MWK = 2.011 UGX
1 UGX = 0.497 MWK
1 MWK = 0.023 SRD
1 SRD = 43.663 MWK
1 MWK = 12.247 STD
1 STD = 0.082 MWK
1 MWK = 0.024 TRY
1 TRY = 41.339 MWK
1 MWK = 0.004 TTD
1 TTD = 255.863 MWK
1 MWK = 0.001 TOP
1 TOP = 722.540 MWK
1 MWK = 6.975 UZS
1 UZS = 0.143 MWK
1 MWK = 0.138 YER
1 YER = 7.264 MWK
1 MWK = 0.010 ZAR
1 ZAR = 100.258 MWK
1 MWK = 0.058 RSD
1 RSD = 17.193 MWK
1 MWK = 0.047 RUB
1 RUB = 21.355 MWK
1 MWK = 0.328 SOS
1 SOS = 3.051 MWK
1 MWK = 0.005 SVC
1 SVC = 198.339 MWK
1 MWK = 6.371 SYP
1 SYP = 0.157 MWK
1 MWK = 0.010 SZL
1 SZL = 100.258 MWK
1 MWK = 0.002 TND
1 TND = 590.839 MWK
1 MWK = 0.023 UYU
1 UYU = 43.646 MWK
1 MWK = 15.172 VND
1 VND = 0.066 MWK
1 MWK = 0.070 VUV
1 VUV = 14.229 MWK
1 MWK = 0.002 WST
1 WST = 618.353 MWK
1 MWK = 0.326 XAF
1 XAF = 3.072 MWK
1 MWK = 0.002 XCD
1 XCD = 641.010 MWK
1 MWK = 0.008 SCR
1 SCR = 123.267 MWK
1 MWK = 0.005 SEK
1 SEK = 184.624 MWK
1 MWK = 0.000 SHP
1 SHP = 2311.217 MWK
1 MWK = 1.432 TZS
1 TZS = 0.698 MWK
1 MWK = 0.001 USD
1 USD = 1735.470 MWK
1 MWK = 0.059 XPF
1 XPF = 16.887 MWK
1 MWK = 0.326 XOF
1 XOF = 3.072 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.