SRD to MWK

SRD - Surinamese Dollar ($)
MWK - Malawian Kwacha (MK)
1 SRD1 MWK

Currency conversion rates from SRD to MWK

SRDMWK
1 SRD1 MWK
5 SRD5 MWK
10 SRD10 MWK
20 SRD20 MWK
50 SRD50 MWK
100 SRD100 MWK
250 SRD250 MWK
500 SRD500 MWK
1000 SRD1000 MWK
2000 SRD2000 MWK
5000 SRD5000 MWK
10000 SRD10000 MWK
MWKSRD
1 MWK1 SRD
5 MWK5 SRD
10 MWK10 SRD
20 MWK20 SRD
50 MWK50 SRD
100 MWK100 SRD
250 MWK250 SRD
500 MWK500 SRD
1000 MWK1000 SRD
2000 MWK2000 SRD
5000 MWK5000 SRD
10000 MWK10000 SRD

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)


SRD - Surinamese Dollar ($)

Surinamese Dollar

The Suriname Dollar was introduced in 2004, and as such is a fairly new form of currency. Suriname is located on the north coast of South America, between Guyana and French Guiana. Although it is fairly large (approximately 64,000 square miles), Suriname is a minor state in South America. The population of 470,000 live mostly in the northern part of the country, around the capital of Paramaribo.

The Suriname Dollar is the currency in Suriname (SR, SUR). The symbol for SRD can be written $Sur. The Suriname Dollar is divided into 100 cents. The exchange rate for the Suriname Dollar was last updated on May 24, 2019 from Yahoo Finance. The SRD conversion factor has 3 significant digits.

Economy

  • Suriname’s resources are attracting foreign businesses and investment for several reasons, from cheap electricity costs to major reserves of specific minerals.
  • The agricultural sector has shown through the centuries that it can diversify and is currently in a somewhat stable position. It accounts for almost 10% of the GDP and employs approximately 8% of the total workforce of about 166,000.
  • Currently this sector produces plantains, rice kernels, peanuts, coconuts, beef, and shrimps.
  • The country has several large export partners, including Canada, the Netherlands, Belgium, the United Arab Emirates, and the United States.

History

  • The Dollar replaced the Suriname Guilder on January 1, 2004 at a rate of 1 Dollar = 1000 Guilders.
  • The old 1-cent coins (100 to a Guilder) were declared to be worth their face value in the new cents, so that new coins did not need to be made.
  • The US Dollar is used to quote prices for electronic goods, household furnishings, appliances, and automobiles.

More information about SRD - Surinamese Dollar ($)