Convert Ethiopian Birr to Malawian Kwacha
Please provide values below to convert Ethiopian Birr [ETB] to Malawian Kwacha [MWK], or Convert Malawian Kwacha to Ethiopian Birr.
How to Convert Ethiopian Birr to Malawian Kwacha
1 ETB = 0.0783696979280644 MWK
Example: convert 15 ETB to MWK:
15 ETB = 15 × 0.0783696979280644 MWK = 1.17554546892097 MWK
Ethiopian Birr to Malawian Kwacha Conversion Table
Ethiopian Birr | Malawian Kwacha |
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Ethiopian Birr
The Ethiopian Birr (ETB) is the official currency of Ethiopia, used for all monetary transactions within the country.
History/Origin
The Birr was introduced in 1894, replacing the Maria Theresa thaler, and has undergone various reforms and decimalization over the years to modernize Ethiopia's currency system.
Current Use
Today, the Ethiopian Birr is actively used as Ethiopia's legal tender, with coins and banknotes circulating for everyday transactions and economic activities.
Malawian Kwacha
The Malawian Kwacha (MWK) is the official currency of Malawi, used for all monetary transactions within the country.
History/Origin
The Malawian Kwacha was introduced in 1971, replacing the Malawian Pound, as part of Malawi's monetary reform to establish a national currency.
Current Use
Today, the MWK is actively used in Malawi for everyday transactions, banking, and trade, with coins and banknotes issued by the Reserve Bank of Malawi.