Convert Malawian Kwacha to Bitcoin
Please provide values below to convert Malawian Kwacha [MWK] to Bitcoin [BTC], or Convert Bitcoin to Malawian Kwacha.
How to Convert Malawian Kwacha to Bitcoin
1 MWK = 206333025.546234 BTC
Example: convert 15 MWK to BTC:
15 MWK = 15 × 206333025.546234 BTC = 3094995383.19352 BTC
Malawian Kwacha to Bitcoin Conversion Table
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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.
Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.