Convert British Pound Sterling to Malawian Kwacha
Please provide values below to convert British Pound Sterling [GBP] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to British Pound Sterling.
How to Convert British Pound Sterling to Malawian Kwacha
1 GBP = 0.000424549466809575 MWK
Example: convert 15 GBP to MWK:
15 GBP = 15 × 0.000424549466809575 MWK = 0.00636824200214362 MWK
British Pound Sterling to Malawian Kwacha Conversion Table
British Pound Sterling | Malawian Kwacha |
---|
British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency 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.