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The kwacha (/ ˈ k w æ tʃ ə /; ISO 4217: MWK, official name Malawi Kwacha [2]) is the currency of Malawi as of 1971, replacing the Malawian pound. It is divided into 100 tambala. The kwacha replaced other types of currency, namely the British pound sterling, the South African rand, and the Rhodesian dollar, that had previously circulated ...
The following table shows the main economic indicators in 1980–2024. ... 1 Malawian kwacha (MK) = 100 tambala Exchange rates: Malawian kwachas per US dollar -730.00 ...
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10.. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are valued relative to the basic unit by a power of 10, most commonly ...
100 United States dollar $ USD Cent: 100 Libya: Libyan dinar: LD LYD Dirham: 1000 Liechtenstein: Swiss franc: Fr CHF Rappen: 100 Lithuania: Euro € EUR Cent: 100 Luxembourg: Euro € EUR Cent: 100 Macau: Macanese pataca $ or ptc MOP Avo: 100 Hong Kong dollar $ HKD Cent: 100 Madagascar: Malagasy ariary: Ar MGA Iraimbilanja: 5 Malawi: Malawian ...
Zambian kwacha: 0.5 10/– Zambian pound: 1968 Jamaican dollar: 0.5 10/– Jamaican pound: 1969 Fijian dollar: 0.5 10/– Fijian pound: 1969 Rhodesian dollar: 0.5 10/– Rhodesian pound: 1970 Bermudian dollar: 0.4167 8/4 = 100d. Bermudian pound: 1970 Gambian dalasi: 0.2 4/– Gambian pound: 1971 Malawian kwacha: 0.5 10/– Malawian pound: 1971 ...
Usage of: West African CFA franc Central African CFA franc The West African CFA franc (French: franc CFA or simply franc, ISO 4217 code: XOF; abbreviation: F.CFA) is the currency used by eight independent states in West Africa which make up the West African Economic and Monetary Union: Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal and Togo.
In 1961, nickel 50 franc coins were introduced, followed by nickel 100 franc pieces in 1966. From 1971, the 100 franc coins were issued for each of the individual member states, depicting the state name in which they were issued. 50 franc coins were also issued in this manner between 1976 and 1996, after being reduced in size.
The value of Zambian currency dropped following redenomination; the exchange rate was 22 kwacha to one U.S. dollar in April 2021. After the 2021 Zambian general election saw a defeat for Edgar Lungu , the currency's depreciation was reversed; as of 27 August 2021 [update] one U.S. dollar was exchanged for about 16 kwacha. [ 5 ]