MWK to BYR

MWK - Malawian Kwacha (MK)
BYR - Belarusian Ruble (p.)
1 MWK1 BYR

Currency conversion rates from MWK to BYR

MWKBYR
1 MWK1 BYR
5 MWK5 BYR
10 MWK10 BYR
20 MWK20 BYR
50 MWK50 BYR
100 MWK100 BYR
250 MWK250 BYR
500 MWK500 BYR
1000 MWK1000 BYR
2000 MWK2000 BYR
5000 MWK5000 BYR
10000 MWK10000 BYR
BYRMWK
1 BYR1 MWK
5 BYR5 MWK
10 BYR10 MWK
20 BYR20 MWK
50 BYR50 MWK
100 BYR100 MWK
250 BYR250 MWK
500 BYR500 MWK
1000 BYR1000 MWK
2000 BYR2000 MWK
5000 BYR5000 MWK
10000 BYR10000 MWK

BYR - Belarusian Ruble (2000–2016) (p.)

Belarusian Ruble (2000–2016)

The official currency of Belarus is the Belarusian Ruble (BYR). The symbol used for the Belarusian Ruble is Br. Two ruble series editions were introduced. In 2008, the Belarusian Ruble was tied to the US Dollar rather than to the Russian Ruble, though it is not an official peg.

The Old Belarusian Ruble is the currency in Belarus (BY, BLR, Belorussia). The symbol for BYR can be written BR. The exchange rate for the Old Belarusian Ruble was last updated on May 24, 2019 from Yahoo Finance. The BYR conversion factor has 3 significant digits.

Economy

  • The Belarus economy shows a stable economic growth of 9%.
  • The main industries are radios, textiles, refrigerators, televisions, trucks, tractors, earthmovers, radios, metal cutting, motorcycles, and machine tools.
  • Agriculture accounts for 11% of the total GDP.
  • Peat is the main mineral resource; it is used for fertilizer and in the chemical industry.
  • The economy is still dependent on Russia.
  • Inflation is estimated at 10% and the unemployment rate is estimated at 8%.
  • 80% of the industry-based economy is controlled by the state.
  • The educational level in Belarus is high, and the country has a large agricultural base.
  • In 1991, companies started the privatization process; however, most of the privatization has been re-nationalized.
  • Belarus is changing from a state-run economy to a free-market system.
  • The country imports oil and gas from Russia.

History

  • The first Belarusian Ruble was introduced in 1992, because Belarus did not have a license to print Soviet Union banknotes.
  • In 2000, the second Belarusian Ruble was introduced to replace the first at a rate of 1,000 old Rubles = 1 new Ruble. Only banknotes and commemorative coins were issued.
  • Only banknotes were issued in 2000.
  • In 2009, the Central Bank of Belarus reduced the exchange rate by +/- 20%.
  • In 2011, the Central Bank of Belarus again reduced the exchange rate by +/- 56%.

More information about BYR - Belarusian Ruble (2000–2016) (p.)


MWK - Malawian Kwacha (MWK)

Malawian Kwacha

The Kwacha is the official currency in Malawi since 1970. The Kwacha was adopted based on the Zambian Kwacha, which was used in Zambia since 1968. The name kwacha was derived from the Bemba word meaning dawn, reflecting the Zambian national motto: "New Dawn of Freedom." The Malawian Kwacha is subdivided into 100 tambala.

The Malawian Kwacha is the currency in Malawi (MW, MWI). The symbol for MWK can be written MK. The Malawian Kwacha is divided into 100 tambala. The exchange rate for the Malawian Kwacha was last updated on May 24, 2019 from Yahoo Finance. The MWK conversion factor has 4 significant digits.

Economy

  • Malawi is considered one of the least developed countries in the world and has had unstable economic growth.
  • Malawi's economy is mainly agricultural, with almost 90% of their population living in rural areas. Agriculture accounts for about 40% of the GDP and 88% of export revenues.
  • The economy relies on extensive economic support from the World Bank, the IMF, and neighboring nations.
  • The government has had many difficult challenges, including development of a market economy, economic problems, educational improvements, and the exponential spread of AIDS.

History

  • In 1971, the Malawi Kwacha replaced the Malawian Pound at a fixed rate of two Kwacha = one Pound.
  • And as of July 4, 2010, one British Pound = 227.681 Kwacha, while one US Dollar = 149.8 Kwacha, and one South African Rand = 19.4475 Kwacha.
  • In May 9, 2011, an one British Pound = 257.7172 Kwacha, one US Dollar = 152.2933 Kwacha, and one South African Rand = 23.7740 Kwacha.

More information about MWK - Malawian Kwacha (MWK)