Malawian kwacha: Difference between revisions
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In 1971, banknotes were introduced in denominations of 50 tambala, 1, 2 and 10 kwacha. 5 kwacha notes were introduced in 1973 when the 2 kwacha note was discontinued. 20 kwacha notes were introduced in 1983. 50 tambala notes were last issued in 1986, with the last 1 kwacha notes printed in 1988. In 1993, 50 kwacha notes were introduced, followed by 100 kwacha in 1993, 200 kwacha in 1995 and 500 kwacha in 2001. |
In 1971, banknotes were introduced in denominations of 50 tambala, 1, 2 and 10 kwacha. 5 kwacha notes were introduced in 1973 when the 2 kwacha note was discontinued. 20 kwacha notes were introduced in 1983. 50 tambala notes were last issued in 1986, with the last 1 kwacha notes printed in 1988. In 1993, 50 kwacha notes were introduced, followed by 100 kwacha in 1993, 200 kwacha in 1995 and 500 kwacha in 2001. |
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As of 2005, the following banknote denominations of banknotes are in circulation[http://www.rbm.mw/general_info/index.asp?suburl=currbanknotes] |
As of 2005, the following banknote denominations of banknotes are in circulation: |
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!colspan="7"| 1997 Series [http://www.rbm.mw/general_info/index.asp?suburl=currbanknotes] |
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*5 kwacha |
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!rowspan="2"| Image !!rowspan="2"| Value !!rowspan="2"| Dimensions !!rowspan="2"| Main Colour !!colspan="2"| Description !!rowspan="2"| Date of first printing |
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*10 kwacha |
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*20 kwacha |
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! Obverse !! Reverse |
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*50 kwacha |
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*100 kwacha |
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*200 kwacha |
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| K5 |
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*500 kwacha |
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| 126 × 63 mm |
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| Green |
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|rowspan="7"| [[John Chilembwe]] |
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| Villagers mashing grain |
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|rowspan="6"| [[1 July]] [[1997]] |
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| K10 |
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| 132 × 66 mm |
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| Brown |
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| Children in "bush" school |
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|align="center" bgcolor="#000000"| [[Image:Banknote-malawi.jpg|97px]] |
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| K20 |
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| 138 × 69 mm |
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| Purple |
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| Workers harvesting tea leaves |
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| K50 |
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| 144 × 72 mm |
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| Blue |
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| Independence Arc in [[Blantyre, Malawi|Blantyre]] |
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| K100 |
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| 150 × 75 mm |
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| Red |
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| Capital Hill in [[Lilongwe]] |
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| K200 |
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| 156 × 78 mm |
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| Blue |
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| [[Reserve Bank of Malawi|Reserve Bank]] building |
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| K500 |
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| Multi-colour |
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| [[1 December]] [[2001]] |
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|colspan="7"|{{Standard banknote table notice|standard_scale=Y|BrE=Y}} |
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{{Exchange Rate|MWK|ZAR}} |
{{Exchange Rate|MWK|ZAR}} |
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Revision as of 10:26, 31 May 2007
| File:Malawi50kwacha.jpg 50 kwacha 1995 | |
| ISO 4217 | |
|---|---|
| Code | MWK (numeric: 454) |
| Subunit | 0.01 |
| Unit | |
| Symbol | MK |
| Denominations | |
| Subunit | |
| 1/100 | tambala |
| Banknotes | 5, 10, 20, 50, 100, 200, 500 kwacha |
| Coins | 1, 2, 5, 10, 20, 50 tambala, 1, 5, 10 kwacha |
| Demographics | |
| User(s) | Malawi |
| Issuance | |
| Central bank | Reserve Bank of Malawi |
| Website | www.rbm.mw |
| Valuation | |
| Inflation | 15.1% |
| Source | The World Factbook, 2006 est. |
The kwacha has been the currency of Malawi since 1971. The kwacha replaced the Malawian pound at a rate of 2 kwacha = 1 pound. The kwacha (ISO 4217: MWK) is divided into 100 tambala.
The name kwacha derives from the Nyanja and Bemba word for "dawn" while the name tambala translates as "cockerel" in Nyanja.
Coins
Coins were introduced in 1971 in denominations of 1, 2, 5, 10 and 20 tambala. In 1986, 50 tambala and 1 kwacha coins were added. New bimetallic 5 and 10 kwacha coins were released in January 2007[1]. All these denominations are currently circulating.
Banknotes
In 1971, banknotes were introduced in denominations of 50 tambala, 1, 2 and 10 kwacha. 5 kwacha notes were introduced in 1973 when the 2 kwacha note was discontinued. 20 kwacha notes were introduced in 1983. 50 tambala notes were last issued in 1986, with the last 1 kwacha notes printed in 1988. In 1993, 50 kwacha notes were introduced, followed by 100 kwacha in 1993, 200 kwacha in 1995 and 500 kwacha in 2001.
As of 2005, the following banknote denominations of banknotes are in circulation:
| 1997 Series [2] | ||||||
|---|---|---|---|---|---|---|
| Image | Value | Dimensions | Main Colour | Description | Date of first printing | |
| Obverse | Reverse | |||||
| K5 | 126 × 63 mm | Green | John Chilembwe | Villagers mashing grain | 1 July 1997 | |
| K10 | 132 × 66 mm | Brown | Children in "bush" school | |||
| File:Banknote-malawi.jpg | K20 | 138 × 69 mm | Purple | Workers harvesting tea leaves | ||
| K50 | 144 × 72 mm | Blue | Independence Arc in Blantyre | |||
| K100 | 150 × 75 mm | Red | Capital Hill in Lilongwe | |||
| K200 | 156 × 78 mm | Blue | Reserve Bank building | |||
| K500 | Multi-colour | 1 December 2001 | ||||
| These images are to scale at 0.7 pixel per millimetre. For table standards, see the banknote specification table. | ||||||
| Current MWK exchange rates | |
|---|---|
| From Google Finance: | AUD CAD CHF CNY EUR GBP HKD JPY USD ZAR |
| From Yahoo! Finance: | AUD CAD CHF CNY EUR GBP HKD JPY USD ZAR |
| From XE.com: | AUD CAD CHF CNY EUR GBP HKD JPY USD ZAR |
| From OANDA: | AUD CAD CHF CNY EUR GBP HKD JPY USD ZAR |
See also
References
Template:Standard numismatics external links
| Preceded by: Malawian pound Ratio: 2 kwacha = 1 pound |
Currency of Malawi 1971 – |
Succeeded by: Current |