🇲🇼 Malawian Kwacha (MWK) TradingHours.com

The Malawian Kwacha is the primary currency of Malawi. This currency is used by an estimated 19,129,955 people. Based on our estimate, Malawian Kwacha is the #52 most popular currency is the world.

The currency code for the Malawian Kwacha is "MWK". The ISO 4217 number for this currency is 454. The currency symbol for the Kwacha is "MK".

Malawian Kwacha conversion rates, useful facts, and holiday schedule can be found below.

MWK Currency Demographics

The primary country using the Malawian Kwacha is Malawi.

There are approximately 19,129,955 people around the world who use the Malawian Kwacha. The Malawian Kwacha is the #52 most used widely currency is the world.

19,129,955 user population
Ranked #52 in the world

MWK Exchange Rates

1 Malawian Kwacha equals:

Australian Dollar

$0.0017

Inverse: MK595.83
Euro

€0.0011

Inverse: MK952.30
British Pound

£0.00090

Inverse: MK1,112.26
Indian Rupee

₹0.092

Inverse: MK10.87
Japanese Yen

¥0.14

Inverse: MK7.32
US Dollar

$0.0012

Inverse: MK809.0058

† Rates last updated at 3 hours from now

‡ Rates are the interbank rate and are only available on large transactions

MWK Currency Facts

MWK Details

ISO 4217 CodeMWK
ISO 4217 Number454
Unit NameKwacha
SymbolMK
Currency NicknamesN.a.

MWK Denominations

Minor Unit NameN.a.
Minor Unit Symbol N.a.
Minor Units2
Frequently Used banknotesMK5, MK10, MK20, MK50, MK100, MK200, MK500, MK1000
Rarely Used BanknotesN.a.
Frequently Used CoinsMK1, MK5, MK10, MK15, MK20, MK40, MK50, MK75, MK100, 1, 2, 5, 50
Rarely Used CoinsN.a.

MWK Issuance

Central BankReserve Bank of Malawi
Central Bank Websitehttps://www.rbm.mw/

World Bank Statistics

Estimated User Population19,129,955 people
Population Rank#52
MWK Inflation Rate8.63%
Inflation Rank#11

† Population and Inflation rate as based on data from the World Bank.

‡ Corrections or suggestions? Please contact us.