| Main centres: | 1-3 business days |
| Regional areas: | 3-4 business days |
| Remote areas: | 3-5 business days |
1989 K500 Malawi Kwatchas - AG8758400
Fair Condition
Pick up Strand
Courier Option
The kwacha MWK, Malawi Kwacha is the currency of as of 1971, replacing the .
It is divided into 100 tambala. The kwacha replaced other types of currency, namely the British , the , and the , that had previously circulated through the . The exchange rate of the kwacha undergoes fixed periodical adjustments, but since 1994 the exchange rate has floated.In 2005, administrative measures were put in place by to with other currencies.
Banknotes are issued by the . In May 2012, the Reserve Bank of Malawi devalued the kwacha by 34% and unpegged it from the .
The currency was further devalued by 25% by the in May 2022 followed by another 44% devaluation in November 2023 raising in Malawi.