Canadian Dollar to Malawian Kwacha — exchange rate

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More

Country of Circulation: Malawi

Currency Code, Symbol: MWK, K

Denominations of coins in circulation: 1, 2, 5, 10, 20, 50 tambala

Denominations of banknotes in circulation: 1, 5, 10 kwacha

History: The Malawian kwacha (К) – is a currency used only within one country, which is the Republic of Malawi. The currency is not used in other states. On the international exchange market, it is known as MWK.Tambala serves as change for the Malawian kwacha. One MWK equals 100 tambala. The currency has been in circulation since 1971 after the elimination of the Malawian pound. The currency’s name comes for the Zambian word meaning “it has dawned”. Apart from that, in Chichewa, it means “rooster”. In the Malawian understanding, kwacha means “hundred roosters announcing the dawn”.Read More