Convert Swedish Krona to Malawian Kwacha
Please provide values below to convert Swedish Krona [SEK] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Swedish Krona.
How to Convert Swedish Krona to Malawian Kwacha
1 SEK = 0.00547423328299193 MWK
Example: convert 15 SEK to MWK:
15 SEK = 15 × 0.00547423328299193 MWK = 0.0821134992448789 MWK
Swedish Krona to Malawian Kwacha Conversion Table
| Swedish Krona | Malawian Kwacha |
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Swedish Krona
The Swedish Krona (SEK) is the official currency of Sweden, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Swedish Krona was introduced in 1873, replacing the Riksdaler. It was initially pegged to gold and later transitioned to a floating exchange rate system. The currency has undergone various reforms, including decimalization in 1874 and modernization efforts in the 20th and 21st centuries.
Current Use
Today, the Swedish Krona is widely used across Sweden for all financial transactions, including cash, digital payments, and banking, and is recognized as a stable and integral part of the country's economy.
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.