Convert Azerbaijani Manat to Malawian Kwacha
Convert Azerbaijani Manat (AZN) to Malawian Kwacha (MWK) using daily updated exchange rates.
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Exchange Rate
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About Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, reintroduced as the "new manat" in 2006 to replace the old manat at a rate of 5,000 to 1. The Central Bank of the Republic of Azerbaijan issues the manat, which is divided into 100 qapik. Azerbaijan's economy is strongly driven by oil and natural gas exports from the Caspian Sea region, making the manat's value closely tied to energy commodity prices. The currency experienced a significant devaluation in 2015-2016 when oil prices fell sharply. The manat's name derives from the Russian word for "coin".
About Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, one of the world's least developed countries and most densely populated nations in Sub-Saharan Africa. Introduced in 1971 to replace the Malawian pound, the name "kwacha" means "dawn" in the Chichewa language, reflecting the aspiration of a new beginning at independence. The Reserve Bank of Malawi manages monetary policy. Malawi's economy is overwhelmingly agricultural, with tobacco as the dominant export crop.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).