FACTOID # 30: Finns are perhaps the world's greatest athletes, ranking first in medals per capita for Summer Olympics, and third for Winter Olympics.
 
 Home   Encyclopedia   Statistics   Countries A-Z   Flags   Maps   Education   Forum   FAQ   About 
 
WHAT'S NEW
RECENT ARTICLES
More Recent Articles »
 

SEARCH ALL

FACTS & STATISTICS    Advanced view

Search encyclopedia, statistics and forums:

 

 

(* = Graphable)

 

 


Encyclopedia > Malawian kwacha
Malawian kwacha
50 kwacha 1995
50 kwacha 1995
ISO 4217 Code MWK
User(s) Malawi
Inflation 15.4%
Source The World Factbook, 2005 est.
Subunit
1/100 tambala
Symbol MK
Coins 1, 2, 5, 10, 20, 50 tambala, 1, 5, 10 kwacha
Banknotes 5, 10, 20, 50, 100, 200, 500 kwacha
Central bank Reserve Bank of Malawi
Website www.rbm.mw

The kwacha has been the currency of Malawi since 1971. The kwacha replaced the Malawian pound at a rate of 2 kwacha = 1 pound. The kwacha (ISO 4217: MWK) is divided into 100 tambala. Image File history File links Download high-resolution version (850x422, 70 KB) Obtained from the Ukrainian Malawi Kwacha page: http://uk. ... The Reserve Bank of Malawi is the central bank of Malawi, and established under an Act of Parliament in July 1964 and began operations in June of 1965 in Blantyre. ... 1971 (MCMLXXI) was a common year starting on Friday (the link is to a full 1971 calendar). ... The pound was the currency of Malaŵi until 1971. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ... A Tambala is the 1/100th part of a Malawi Kwacha (currency unit). ...


The name kwacha derives from the Nyanja and Bemba word for "dawn" while the name tambala translates as "cockerel" in Nyanja. Chichewa (Chicheŵa in Malawian English) is one of the two official national languages of the Republic of Malawi, the other being English. ... Bemba, also known as Chibemba and Ichibemba, is a Bantu language that is spoken primarily in Zambia but is also spoken in surrounding countries. ... Chichewa (Chicheŵa in Malawian English) is one of the two official national languages of the Republic of Malawi, the other being English. ...

Contents

Coins

The following coins denominations of Malawian kwacha are circulated:

  • 1 tambala
  • 2 tambala
  • 5 tambala
  • 10 tambala
  • 20 tambala
  • 50 tambala
  • 1 kwacha
  • 5 kwacha
  • 10 kwacha

New bimetallic K10 and K5 coins were released in January 2007[1].


Banknotes

As of 2005, the following banknote denominations of Malawian kwacha are circulated[2]:

  • 5 kwacha
  • 10 kwacha
  • 20 kwacha
  • 50 kwacha
  • 100 kwacha
  • 200 kwacha
  • 500 kwacha
Current MWK exchange rates
Use Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD
Use XE.com: AUD CAD CHF EUR GBP HKD JPY USD

See also

The kwacha is the name of the monetary unit of Zambia (since 1968) and of Malawi (since 1970). ... The Zambian kwacha has been the official currency of Zambia since 1968. ...

References

Preceded by:
Malawian pound
Ratio: 2 kwacha = 1 pound		 Currency of Malawi
1971 –		 Succeeded by:
Current
v • d • e
Currencies of Africa
North Algerian dinar · Euro (Plaza de soberanía) · Egyptian pound · Libyan dinar · Mauritanian ouguiya · Moroccan dirham · Sudanese pound · Tunisian dinar
Central Angolan kwanza · Burundian franc · Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) · Congolese franc · Rwandan franc
West Cape Verdean escudo · Euro (Canary Islands, Madeira) · Gambian dalasi · Ghanaian cedi · Guinean franc · Liberian dollar · Nigerian naira · São Tomé and Príncipe dobra · Sierra Leonean leone · West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
East Comorian franc · Djiboutian franc · Eritrean nakfa · Ethiopian birr · Kenyan shilling · Seychellois rupee · Somali shilling · Somaliland shilling · Tanzanian shilling · Ugandan shilling
South Botswanan pula · Euro (Mayotte, Réunion) · Lesotho loti · Malawian kwacha · Madagascan ariary · Mauritian rupee · Mozambican metical · Namibian dollar · Saint Helena pound · South African rand · Swazi lilangeni · Zambian kwacha · Zimbabwean dollar

  Results from FactBites:
 
kwacha - Search Results - MSN Encarta (168 words)
The kwacha has been the currency of Malawi since 1971.
The kwacha replaced the Malawian pound at a rate of 2 kwacha = 1 pound.
The Zambian kwacha has been the official currency of Zambia since 1968.
Pahrump Valley Times - Nye County's Largest Newspaper Circulation (3052 words)
Malawian men were drinking cane spirits, as they were unable to afford the cost of beer.
On the economy deck the only food in the galley was a traditional Malawian dish of beef stew, some lettuce and a local dish called msima, a big pile of corn meal boiled until it's stiff and eaten with the hands.
The price was right, 500 kwacha per night, a little more than $4, and the caretaker went to the market to find food to cook for me. Later he built a fire in the fireplace to keep cozy in the chill of the nighttime mountain air.
  More results at FactBites »


 

COMMENTARY     


Share your thoughts, questions and commentary here
Your name
Your comments
Please enter the 5-letter protection code

Want to know more?
Search encyclopedia, statistics and forums:
 


Lesson Plans | Student Area | Student FAQ | Reviews | Press Releases |  Feeds | Contact
The Wikipedia article included on this page is licensed under the GFDL.
Images may be subject to relevant owners' copyright.
All other elements are (c) copyright NationMaster.com 2003-5. All Rights Reserved.
Usage implies agreement with terms.