Convert Zambian Kwacha to Malawian Kwacha
Convert Zambian Kwacha (ZMW) to Malawian Kwacha (MWK) using daily updated exchange rates.
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Exchange Rate
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About Zambian Kwacha
The Zambian Kwacha (ZMW), meaning "dawn" or "freedom" in Nyanja, was redenominated in January 2013 at a rate of 1,000 old kwacha (ZMK) to 1 new kwacha (ZMW), eliminating the large denominations that had accumulated from years of inflation. The Bank of Zambia manages monetary policy. Zambia is Africa's second largest copper producer and copper accounts for the bulk of its export revenues, making the kwacha highly sensitive to global copper prices. Zambia became the first African nation to default on its debt in the post-pandemic era in 2020, and completed a debt restructuring process in 2023.
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).