Convert Iranian Rial to Malawian Kwacha
Please provide values below to convert Iranian Rial [IRR] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Iranian Rial.
How to Convert Iranian Rial to Malawian Kwacha
1 IRR = 24.3405782051721 MWK
Example: convert 15 IRR to MWK:
15 IRR = 15 × 24.3405782051721 MWK = 365.108673077582 MWK
Iranian Rial to Malawian Kwacha Conversion Table
| Iranian Rial | Malawian Kwacha |
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Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.
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.