Convert Malawian Kwacha to Turkish Lira
Please provide values below to convert Malawian Kwacha [MWK] to Turkish Lira [TRY], or Convert Turkish Lira to Malawian Kwacha.
How to Convert Malawian Kwacha to Turkish Lira
1 MWK = 43.1123917241789 TRY
Example: convert 15 MWK to TRY:
15 MWK = 15 × 43.1123917241789 TRY = 646.685875862683 TRY
Malawian Kwacha to Turkish Lira Conversion Table
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.