PYG to MWK
Currency conversion rates from PYG to MWK
|1 PYG||1 MWK|
|5 PYG||5 MWK|
|10 PYG||10 MWK|
|20 PYG||20 MWK|
|50 PYG||50 MWK|
|100 PYG||100 MWK|
|250 PYG||250 MWK|
|500 PYG||500 MWK|
|1000 PYG||1000 MWK|
|2000 PYG||2000 MWK|
|5000 PYG||5000 MWK|
|10000 PYG||10000 MWK|
|1 MWK||1 PYG|
|5 MWK||5 PYG|
|10 MWK||10 PYG|
|20 MWK||20 PYG|
|50 MWK||50 PYG|
|100 MWK||100 PYG|
|250 MWK||250 PYG|
|500 MWK||500 PYG|
|1000 MWK||1000 PYG|
|2000 MWK||2000 PYG|
|5000 MWK||5000 PYG|
|10000 MWK||10000 PYG|
MWK - Malawian Kwacha (MWK)
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.
- 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.
- 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.
PYG - Paraguayan Guarani (₲)
The Guaraní is the official currency of Paraguay. It was subdivided into 100 céntimos, but they are no longer in use.
The Paraguay Guarani is the currency in Paraguay (PY, PRY). The symbol for PYG can be written G. The Paraguay Guarani is divided into 100 centimos. The exchange rate for the Paraguay Guarani was last updated on May 24, 2019 from Yahoo Finance. The PYG conversion factor has 5 significant digits.
- Paraguay owns an economical market that is characterized with a huge non-formal region.
- Agriculture dictates the economic system, however inequal land partition has caused in a huge area of peasant farm workers.
- A large proportion of the inhabitants is uninvolved within the formal economy; instead working in agriculture.
- Lately, the economic system has grown because of increased agrarian exports, particularly soybeans.
- Fiscal fluctuations, particularly in financial policy, have helped to develop Paraguay’s economic state.
- Paraguay benefits from the increased wealth of a younger population as well as huge hydroelectric capability. However, very few natural resources and political instabilitystate has undercut many of the country's economic advantages at present.
- Paraguay was probably the most agrarian economic system within South America, and that region influenced with the efficiency of just about every single area of the economic state.
- The primary Guaraní notes had been of fifty céntimos, 1o, 5, and 1 Guaraní over stamped on 50, a hundred, 500, and one thousand Pesos since 1943.
- The currency family further expanded with the issuance of 5,000 and 10,000 Guaranies.
- The 1982 revision added denominations within the Guaraní language to the reverses.
- The first 50,000 Guaraníes banknotes were circulated in 1990, as well as 100, 000 Guaraníes in 1998.
- Modern 50,000 Guaraníes banknotes were issued in 2005, however several forgeries came into existance prior to the official introduction. As such, these bills were declared fake and worthless by the central bank.
- Starting in 2004, all existing denominations, except 50,000 Guaraníes, underwent small adjustments, such as a more subtle and borderless watermark and enhanced safety features.