Convert Malawian Kwacha to Saudi Arabian Riyal
Convert Malawian Kwacha (MWK) to Saudi Arabian Riyal (SAR) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
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.
About Saudi Arabian Riyal
The Saudi Arabian Riyal (SAR) is the official currency of Saudi Arabia, the world's largest exporter of petroleum and home to ARAMCO - the world's most profitable company by revenue. The riyal has been pegged to the US Dollar at 3.75 SAR per USD since 1986, one of the most durable currency pegs in the world, supported by Saudi Arabia's vast oil revenues and the world's second largest foreign exchange reserves. The Saudi Central Bank (SAMA - Saudi Arabian Monetary Authority) manages the peg. The riyal is divided into 100 halalas.
Quick Reference Table
| Malawian Kwacha (MWK) | Saudi Arabian Riyal (SAR) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).