Currency Calculator

Use the currency calculator to calculate the rate of exchange.

MWK Flag

1 MWK = 1 EUR

EUR Flag

1 EUR = 1 MWK

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Currency Information on MWK

Aston Currency Management
FCA Regualted: FCA Regulated
Margin Rate: 2%
100,000 gets you: 98,000 eur
Currencies Direct
FCA Regualted: FCA Regulated
Margin Rate: 0.7%
100,000 gets you: 99,300 eur
UKForex
FCA Regualted: FCA Regulated
Margin Rate: 1%
100,000 gets you: 99,000 eur
HiFX
FCA Regualted: FCA Regulated
Margin Rate: 5%
100,000 gets you: 95,000 eur
Natwest Bank
FCA Regualted: FCA Regulated
Margin Rate: 5%
100,000 gets you: 95,000 eur

Countries that use the MWK

Currency Information on Malawi Kwacha - MWK— Malawian kwacha – MK

One kwacha subdivides into 100 tambala; ‘tambala’ translates into ‘rooster’ in Chichewa, whilst ‘kwacha’ translates into ‘it has dawned’.

The tambala was named ‘rooster’ because “one hundred roosters announce the dawn”. The currency was introduced in 1971, replacing the pound at a rate of 1 pound = 2 kwachas.

Coins which are frequently used are available in denominations of 1, 5 and 10 kwacha, whilst denominations of 1, 2, 5, 10, 20 and 50 tambala are rarely used and may not be in circulation. Banknotes are available in denominations of 20, 50, 100, 200, 500 and 1000 kwacha.

Money Transfers from MWK

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Comment written by Amun Bhardwaj Mail 2 Media.
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