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.

Thai Baht

Thai Baht

The baht (; Thai: บาท, pronounced [bàːt]; sign: ฿; code:100 THB) is the official currency of Thailand. It is subdivided into 100 satang (สตางค์, pronounced [sətāːŋ]). The issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of February 2017, the Thai baht is ranked as the 10th most frequently used world payment currency.According to a report in the South China Morning Post, the China Banknote Printing and Minting Corporation produces at least some Thai banknotes and coins.

22 Malawian Kwacha to Thai Baht exchange rates chart

22 MWK to THB exchange rates graph
22 MWK to THB 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.

22 MWK to THB exchange rates table

Exchange MWK to THB
22 Malawian Kwacha = 0.958 Thai Baht
44 Malawian Kwacha = 1.916 Thai Baht
110 Malawian Kwacha = 4.791 Thai Baht
220 Malawian Kwacha = 9.581 Thai Baht
Exchange Malawian Kwacha to Thai Baht
22 Malawian Kwacha to Thai Baht 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.

22 MWK to THB exchange rates news

Airtel Malawi impressed with Bandulo Bandulo promotion | - Malawi news

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

2 months conditional positive
Thai top court orders compensation for Myanmar workers in landmark case

The workers complained about forced overtime, being paid less than the minimum wage, confiscation of passports, and limited freedom of movement

7 days indicative negative

22 MWK to THB currency converter