Convert Tanzanian Shilling to Malawian Kwacha
Convert Tanzanian Shilling (TZS) to Malawian Kwacha (MWK) using daily updated exchange rates.
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Exchange Rate
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About Tanzanian Shilling
The Tanzanian Shilling (TZS) has been the official currency of Tanzania since 1966, replacing the East African shilling. The Bank of Tanzania manages monetary policy. Tanzania is one of Africa's largest and fastest growing economies, with significant revenues from tourism (safari - Serengeti, Ngorongoro Crater; Kilimanjaro; Zanzibar), gold mining, coffee, tea, cotton, and increasingly extractable natural gas reserves. The country hosts the Serengeti, one of the world's greatest wildlife spectacles, and is home to Mount Kilimanjaro, Africa's highest peak.
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
| Tanzanian Shilling (TZS) | Malawian Kwacha (MWK) |
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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).