Convert Cayman Islands Dollar to Malawian Kwacha
Please provide values below to convert Cayman Islands Dollar [KYD] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Cayman Islands Dollar.
How to Convert Cayman Islands Dollar to Malawian Kwacha
1 KYD = 0.000477947947436394 MWK
Example: convert 15 KYD to MWK:
15 KYD = 15 × 0.000477947947436394 MWK = 0.00716921921154591 MWK
Cayman Islands Dollar to Malawian Kwacha Conversion Table
| Cayman Islands Dollar | Malawian Kwacha |
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Cayman Islands Dollar
The Cayman Islands Dollar (KYD) is the official currency of the Cayman Islands, used for all monetary transactions within the territory.
History/Origin
Introduced in 1972, the Cayman Islands Dollar replaced the Jamaican dollar at par, establishing a stable local currency for the financial sector and tourism industry.
Current Use
The KYD is widely used in the Cayman Islands for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate of 1 KYD = 1.20 USD.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.