MWK to UYI

MWK - Malawian Kwacha (MK)
UYI - Uruguayan Peso (Indexed Units) (UYI)
1 MWK1 UYI

Currency conversion rates from MWK to UYI

MWKUYI
1 MWK1 UYI
5 MWK5 UYI
10 MWK10 UYI
20 MWK20 UYI
50 MWK50 UYI
100 MWK100 UYI
250 MWK250 UYI
500 MWK500 UYI
1000 MWK1000 UYI
2000 MWK2000 UYI
5000 MWK5000 UYI
10000 MWK10000 UYI
UYIMWK
1 UYI1 MWK
5 UYI5 MWK
10 UYI10 MWK
20 UYI20 MWK
50 UYI50 MWK
100 UYI100 MWK
250 UYI250 MWK
500 UYI500 MWK
1000 UYI1000 MWK
2000 UYI2000 MWK
5000 UYI5000 MWK
10000 UYI10000 MWK

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)


UYI - ()

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