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New York May 23, 9:59 pm
London May 24, 2:59 am
Hong Kong May 24, 9:59 am
Sydney May 24, 11:59 am

🇲🇼 Malawian Kwacha (MWK)

MWK Currency Demographics

The primary country using the Malawian Kwacha is Malawi.

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".

There are approximately 20,405,317 people around the world who use the Malawian Kwacha. The Malawian Kwacha is the #53 most used widely currency is the world.

20,405,317 user population
Ranked #53 in the world

MWK Exchange Rates

1 Malawian Kwacha equals:

Australian Dollar


Inverse: MK1,147.037


Inverse: MK1,874.23
British Pound


Inverse: MK2,202.41
Indian Rupee


Inverse: MK20.80
Japanese Yen


Inverse: MK11.031
US Dollar


Inverse: MK1,732.50

† Rates last updated at 8 hours ago

‡ 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
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 Website

World Bank Statistics

Estimated User Population20,405,317 people
Population Rank#53
MWK Inflation Rate20.95%
Inflation Rank#14

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

‡ Corrections or suggestions? Please contact us.

2024 MWK Currency Holidays

No holidays available