History
The kwacha replaced the Malawian pound in 1971 at a rate of two kwacha to one pound.
As of 9 May 2011 (2011 -05-09) one British pound sterling was equal to 257.7172 kwacha, one US dollar was equal to 152.2933 kwacha and one South African rand was equal to 23.7740 kwacha.
Read more about this topic: Malawian Kwacha
Famous quotes containing the word history:
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