Convert Malawian Kwacha to Malagasy Ariary
Please provide values below to convert Malawian Kwacha [MWK] to Malagasy Ariary [MGA], or Convert Malagasy Ariary to Malawian Kwacha.
How to Convert Malawian Kwacha to Malagasy Ariary
1 MWK = 0.393719160934897 MGA
Example: convert 15 MWK to MGA:
15 MWK = 15 × 0.393719160934897 MGA = 5.90578741402345 MGA
Malawian Kwacha to Malagasy Ariary Conversion Table
| Malawian Kwacha | Malagasy Ariary |
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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.
Malagasy Ariary
The Malagasy Ariary (MGA) is the official currency of Madagascar, used for all monetary transactions within the country.
History/Origin
The Ariary was introduced in 1961, replacing the Malagasy franc, and was initially pegged to the French franc. It was revalued in 2005, establishing the current decimal system and modernizing the currency.
Current Use
The MGA is actively used as Madagascar's legal tender, with coins and banknotes circulating throughout the country for everyday transactions and commerce.