Convert Malawian Kwacha to Lebanese Pound
Please provide values below to convert Malawian Kwacha [MWK] to Lebanese Pound [LBP], or Convert Lebanese Pound to Malawian Kwacha.
How to Convert Malawian Kwacha to Lebanese Pound
1 MWK = 0.0194803944134078 LBP
Example: convert 15 MWK to LBP:
15 MWK = 15 × 0.0194803944134078 LBP = 0.292205916201117 LBP
Malawian Kwacha to Lebanese Pound 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.
Lebanese Pound
The Lebanese Pound (LBP) is the official currency of Lebanon, used for everyday transactions and financial exchanges within the country.
History/Origin
The Lebanese Pound was introduced in 1939, replacing the Lebanese lira, and has undergone various devaluations and reforms due to economic challenges and political instability over the decades.
Current Use
Today, the Lebanese Pound remains the official currency of Lebanon, but due to economic crises, the country also extensively uses the US dollar for transactions and savings.