Convert Mongolian Tugrik to Malawian Kwacha
Please provide values below to convert Mongolian Tugrik [MNT] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Mongolian Tugrik.
How to Convert Mongolian Tugrik to Malawian Kwacha
1 MNT = 2.03598415206511 MWK
Example: convert 15 MNT to MWK:
15 MNT = 15 × 2.03598415206511 MWK = 30.5397622809766 MWK
Mongolian Tugrik to Malawian Kwacha Conversion Table
| Mongolian Tugrik | Malawian Kwacha |
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Mongolian Tugrik
The Mongolian Tugrik (MNT) is the official currency of Mongolia, used for all monetary transactions within the country.
History/Origin
Introduced in 1925, the Tugrik has undergone various reforms and redenominations, especially after Mongolia's independence from China and during the transition from a socialist economy to a market economy.
Current Use
Today, the Tugrik is widely used in Mongolia for everyday transactions, with banknotes and coins circulating throughout the country. It is also traded in foreign exchange markets.
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.