Convert Malawian Kwacha to British Pound Sterling
Please provide values below to convert Malawian Kwacha [MWK] to British Pound Sterling [GBP], or Convert British Pound Sterling to Malawian Kwacha.
How to Convert Malawian Kwacha to British Pound Sterling
1 MWK = 2355.43812483113 GBP
Example: convert 15 MWK to GBP:
15 MWK = 15 × 2355.43812483113 GBP = 35331.5718724669 GBP
Malawian Kwacha to British Pound Sterling Conversion Table
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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.
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.