Tuesday, August 5, 2014

What is the form of currency in Malawi?

What is the form of currency in Malawi?
currency in Malawi is known as the Kwacha and is divided into 100 Tambala. The exchange rate is $1.OOUS is equal to 140.79 Kwacha. Banknotes are 5, 10, 20, 50, 100, 200 and 500. Coins are 1, 5 and 10 Kwacha. Tambala coins are rarely used.


The current exchange rate at a ForEx is about 170 MW Kwatcha to the US dollar.

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