Malawian Kwacha

Malawian Kwacha

The kwacha (; ISO 4217: MWK, official name Malawi Kwacha) 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 UK pound sterling, the South African rand and the Rhodesian dollar, that had previously circulated through the Malawian economy. The exchange rate of the kwacha undergoes fixed periodical adjustments, but since 1994 the exchange rate has floated. In 2005, administrative measures were put in place by Bingu wa Mutharika to peg the exchange rate with other currencies. Banknotes are issued by the Reserve Bank of Malawi. In May 2012, the Reserve Bank of Malawi devalued the kwacha by 34% and unpegged it from the United States dollar.

Saudi Arabian Riyal

Saudi Arabian Riyal

The Saudi riyal (Arabic: ريال‎ riyāl); is the currency of Saudi Arabia. It is abbreviated as ر.س or SR (Saudi riyal). It is subdivided into 100 halalas (Arabic: هللة‎ Halalah).

193 Malawian Kwacha to Saudi Arabian Riyal exchange rates chart

193 MWK to SAR exchange rates graph
193 MWK to SAR Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

193 MWK to SAR exchange rates table

Exchange MWK to SAR
193 Malawian Kwacha = 0.994 Saudi Arabian Riyal
386 Malawian Kwacha = 1.988 Saudi Arabian Riyal
965 Malawian Kwacha = 4.970 Saudi Arabian Riyal
1930 Malawian Kwacha = 9.939 Saudi Arabian Riyal
Exchange Malawian Kwacha to Saudi Arabian Riyal
193 Malawian Kwacha to Saudi Arabian Riyal Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

193 MWK to SAR exchange rates news

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Airtel Malawi says the Bandulo Bandulo promotion is encouraging to the company since the promotion is helping end customers’ financial challenges.

about 2 months conditional positive
Iranian rial hits record low of 170,000 to the dollar

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6 days conditional neutral
Top bank boosts Egypt, Gulf falls in thin trade

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15 days conditional neutral
Super Eagles forward wins Player of the Week in Saudi Arabia

Ahmed Musa has been rewarded for his outstanding performances for Al Nassr in the month of September.

20 days indicative positive

193 MWK to SAR currency converter