Malawian kwacha

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**Malawian kwacha**
ISO 4217 Code	`MWK`
User(s)	Malawi
Inflation	15.4%
Source	The World Factbook, 2005 est.
Subunit
1/100	tambala
Symbol	MK
Coins	1, 2, 5, 10, 20, 50 tambala, MK1
Banknotes	MK5, MK10, MK20, MK50, MK100, MK200, MK500
Central bank	Reserve Bank of Malawi
Website	www.rbm.mw

The kwacha has been the currency of Malawi since 1971. The kwacha replaced the Malawian pound at a rate of 2 kwacha = 1 pound. The kwacha (ISO 4217: MWK) is divided into 100 tambala.

The name kwacha derives from the Nyanja and Bemba word for "dawn" while the name tambala translates as "cockerel" in Nyanja.

[edit] Banknotes

As of 2005, the following banknote denominations of Malawian kwacha are circulated[1]:

5 kwacha
10 kwacha
20 kwacha
50 kwacha
100 kwacha
200 kwacha
500 kwacha

Current MWK exchange rates

Use Yahoo! Finance:	AUD CAD CHF EUR GBP HKD JPY USD
Use XE.com:	AUD CAD CHF EUR GBP HKD JPY USD

[edit] See also

[edit] References

Preceded by: Malawian pound Ratio: 2 kwacha = 1 pound	Currency of Malawi 1971 –	Succeeded by: Current

Currencies of Africa
North	Algerian dinar \| Euro (Plaza de soberanía) \| Egyptian pound \| Libyan dinar \| Mauritanian ouguiya \| Moroccan dirham \| Sudanese dinar \| Sudanese pound \| Tunisian dinar
Central	Angolan kwanza \| Burundian franc \| Central African CFA franc (Cameroon, Central African Republic, Chad, Republic of the Congo, Equatorial Guinea, and Gabon) \| Congolese franc \| Rwandan franc
West	Cape Verdean escudo \| Euro ( Canary Islands, Madeira) \| Gambian dalasi \| Ghanaian cedi \| Guinean franc \| Liberian dollar \| Nigerian naira \| São Tomé and Príncipe dobra \| Sierra Leonean leone \| West African CFA franc (Benin, Burkina Faso, Côte d'Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo)
East	Comorian franc \| Djiboutian franc \| Eritrean nakfa \| Ethiopian birr \| Kenyan shilling \| Seychelles rupee \| Somali shilling \| Somaliland shilling \| Tanzanian shilling \| Ugandan shilling
South	Botswana pula \| Euro (Mayotte, Réunion) \| Lesotho loti \| Malawian kwacha \| Malagasy ariary \| Mauritian rupee \| Mozambican metical \| Namibian dollar \| Saint Helena pound \| South African rand \| Swazi lilangeni \| Zambian kwacha \| Zimbabwean dollar
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