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MWK
The kwacha (; ISO 4217: MWK, official name Malawi Kwacha) is the currency of Malawi as of 1971, replacing the Malawian pound. It is divided into 100 tambala. The kwacha replaced other types of currency, namely the British pound sterling, the South African rand, and the Rhodesian dollar, that had previously circulated through the Malawian economy. 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 Bingu wa Mutharika to peg the exchange rate with other currencies. Banknotes are issued by the Reserve Bank of Malawi. In May 2012, the Reserve Bank of Malawi devalued the kwacha by 34% and unpegged it from the United States dollar. Etymology The name ''kwacha'' was first used in Zambia, where the Zambian kwacha was introduced in 1968. It derives from the Chinyanja or Chichewa word meaning "it has dawned", while ''tambala'' translates as "rooster" in Chichewa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MWK0200v
The kwacha (; ISO 4217: MWK, official name Malawi Kwacha) is the currency of Malawi as of 1971, replacing the Malawian pound. It is divided into 100 tambala. The kwacha replaced other types of currency, namely the British pound sterling, the South African rand, and the Rhodesian dollar, that had previously circulated through the Economy of Malawi, Malawian economy. 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 Bingu wa Mutharika to Fixed exchange rate, peg the exchange rate with other currencies. Banknotes are issued by the Reserve Bank of Malawi. In May 2012, the Reserve Bank of Malawi devalued the kwacha by 34% and unpegged it from the United States dollar. Etymology The name ''kwacha'' was first used in Zambia, where the Zambian kwacha was introduced in 1968. It derives from the chichewa language, Chinyanja or Chewa language, Chichewa word meaning "it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MWK0100v
The kwacha (; ISO 4217: MWK, official name Malawi Kwacha) is the currency of Malawi as of 1971, replacing the Malawian pound. It is divided into 100 tambala. The kwacha replaced other types of currency, namely the British pound sterling, the South African rand, and the Rhodesian dollar, that had previously circulated through the Malawian economy. 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 Bingu wa Mutharika to peg the exchange rate with other currencies. Banknotes are issued by the Reserve Bank of Malawi. In May 2012, the Reserve Bank of Malawi devalued the kwacha by 34% and unpegged it from the United States dollar. Etymology The name ''kwacha'' was first used in Zambia, where the Zambian kwacha was introduced in 1968. It derives from the Chinyanja or Chichewa word meaning "it has dawned", while ''tambala'' translates as "rooster" in Chichewa. The t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MWK0050v
The kwacha (; ISO 4217: MWK, official name Malawi Kwacha) is the currency of Malawi as of 1971, replacing the Malawian pound. It is divided into 100 tambala. The kwacha replaced other types of currency, namely the British pound sterling, the South African rand, and the Rhodesian dollar, that had previously circulated through the Malawian economy. 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 Bingu wa Mutharika to peg the exchange rate with other currencies. Banknotes are issued by the Reserve Bank of Malawi. In May 2012, the Reserve Bank of Malawi devalued the kwacha by 34% and unpegged it from the United States dollar. Etymology The name ''kwacha'' was first used in Zambia, where the Zambian kwacha was introduced in 1968. It derives from the Chinyanja or Chichewa word meaning "it has dawned", while ''tambala'' translates as "rooster" in Chichewa. The t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MWK0020v
The kwacha (; ISO 4217: MWK, official name Malawi Kwacha) is the currency of Malawi as of 1971, replacing the Malawian pound. It is divided into 100 tambala. The kwacha replaced other types of currency, namely the British pound sterling, the South African rand, and the Rhodesian dollar, that had previously circulated through the Economy of Malawi, Malawian economy. 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 Bingu wa Mutharika to Fixed exchange rate, peg the exchange rate with other currencies. Banknotes are issued by the Reserve Bank of Malawi. In May 2012, the Reserve Bank of Malawi devalued the kwacha by 34% and unpegged it from the United States dollar. Etymology The name ''kwacha'' was first used in Zambia, where the Zambian kwacha was introduced in 1968. It derives from the chichewa language, Chinyanja or Chewa language, Chichewa word meaning "it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ISO 4217
ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data is published in three tables: * Table A.1 – ''Current currency & funds code list'' * Table A.2 – ''Current funds codes'' * Table A.3 – ''List of codes for historic denominations of currencies & funds'' The first edition of ISO 4217 was published in 1978. The tables, history and ongoing discussion are maintained by SIX Group on behalf of ISO and the Swiss Association for Standardization. The ISO 4217 code list is used in banking and business globally. In many countries, the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, instead of translated c ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
John Chilembwe
John Chilembwe (June 1871 – 3 February 1915) was a Baptist pastor, educator and revolutionary who trained as a minister in the United States, returning to Nyasaland in 1901. He was an early figure in the resistance to colonialism in Nyasaland (Malawi), opposing both the treatment of Africans working in agriculture on European-owned plantations and the colonial government's failure to promote the social and political advancement of Africans. Soon after the outbreak of the First World War, Chilembwe organised an unsuccessful armed uprising against colonial rule. Today, Chilembwe is celebrated as a hero of independence, and John Chilembwe Day is observed annually on 15 January in Malawi. Early life There is limited information about John Chilembwe's parentage and birth. An American pamphlet of 1914 claimed that John Chilembwe was born in Sangano, Chiradzulu District, in the south of what became Nyasaland, in June 1871. Joseph Booth also stated that Chilembwe's father was a Y ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reserve Bank Of Malawi
The Reserve Bank of Malawi is the central bank of Malawi established in the year 1964 located in Lilongwe. The current governor is Wilson Banda. The Bank is active in promoting financial inclusion policy and is a leading member of thAlliance for Financial Inclusion It is also one of the original 17 regulatory institutions to make specific national commitments to financial inclusion under the Maya Declaration during the 2011 Global Policy Forum held in Mexico. The Reserve Bank of Malawi is the only institution permitted to issue the Malawian kwacha, which replaced the Malawian pound in 1971. Governors * Alan G. Perrin, 1964-1968 * D. E. Thomson, 1968-1971 *John Tembo, 1971-1984 * Chakakala Chaziya, 1984-1986 * Stephen Chimwemwe Hara, 1986-1988 * Hans Joachim Lesshafft, 1988-1992 * Francis Perekamoya, 1992-1995 * Mathews Chikaonda, 1995-2000 * Elias Ngalande, 2000-2005 * Victor Mbewe, 2005-2009 * Perks Ligoya, 2009-2012 * Charles Chuka, 2012-2017 * Dr. Dalitso Kabambe, 2017-2020 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Economy Of Malawi
The economy of Malawi is $7.522 billion by gross domestic product as of 2019, and is predominantly agricultural, with about 80% of the population living in rural areas. The landlocked country in south central Africa ranks among the world's least developed countries. In 2017, agriculture accounted for about one-third of GDP and about 80% of export revenue. The economy depends on substantial inflows of economic assistance from the IMF, the World Bank, and individual donor nations. The government faces strong challenges: to spur exports, to improve educational and health facilities, to face up to environmental problems of deforestation and erosion, and to deal with the problem of HIV/AIDS in Africa. Malawi is a least developed country according to United Nations. Agriculture Malawi's most important export crop is tobacco, which accounted for a third (30%) of export revenue in 2012. In 2000, the country was the tenth-largest producer in the world. The country's heavy reliance o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Malawi
Malawi (; or aláwi Tumbuka: ''Malaŵi''), officially the Republic of Malawi, is a landlocked country in Southeastern Africa that was formerly known as Nyasaland. It is bordered by Zambia to the west, Tanzania to the north and northeast, and Mozambique to the east, south and southwest. Malawi spans over and has an estimated population of 19,431,566 (as of January 2021). Malawi's capital (and largest city) is Lilongwe. Its second-largest is Blantyre, its third-largest is Mzuzu and its fourth-largest is its former capital, Zomba. The name ''Malawi'' comes from the Maravi, an old name for the Chewa people who inhabit the area. The country is nicknamed "The Warm Heart of Africa" because of the friendliness of its people. The part of Africa now known as Malawi was settled around the 10th century by migrating Bantu groups . Centuries later, in 1891, the area was colonised by the British and became a protectorate of the United Kingdom known as Nyasaland. In 1953, it became ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Blantyre, Malawi
Blantyre () is Malawi's centre of finance and commerce, and its second largest city, with an enumerated 800,264 inhabitants . It is sometimes referred to as the commercial and industrial capital of Malawi as opposed to the political capital, Lilongwe. It is the capital of the country's Southern Region, Malawi, Southern Region as well as the Blantyre District. History Blantyre was founded in 1876 through the missionary work of the Church of Scotland. It was named after Blantyre, South Lanarkshire, Scotland, birthplace of the explorer David Livingstone. The site was chosen by Henry Henderson, who was joined there on 23 October 1876 by Dr T. T. Macklin and others. Dr Macklin took over the leadership of the mission and began the work of building; but it was not until 1878 that the first ordained minister, Rev. Duff MacDonald, joined the mission. The original missionaries, for various reasons, faced local opposition and three of them were recalled. From 1881–1898 the mission w ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
James Frederick Sangala
James Frederick Sangala was a founding member of the Nyasaland African Congress during the period of British colonial rule. Sangala was given the nickname "Pyagusi", which means "one who perseveres". Sangala was born in a village in the highlands of what is now southern Malawi, near the Domasi Presbyterian Mission, around 1900, a few years after the British had established the British Central Africa Protectorate. He completed Standard VI (American 8th grade, approximately) at school in Blantyre in about 1921 and for at least the next five years taught at Domasi. Thereafter, until around 1930, he earned between 30/- (shillings) and 75/- a month working for a succession of businessmen as clerk, book-keeper and capitao (foreman). From 1930 until around 1942 he held clerical positions assisting successive Provincial and District Commissioners in the colonial administration. In 1942, he became an interpreter at the High Court. He then retired to earn his living with a brick-making busi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Kasungu National Park
Kasungu National Park is a national park in Malawi. It is located west of Kasungu, about 175 km north of Lilongwe, extending along the Zambian border. Kasungu National Park, established in 1970, is the second-largest in Malawi at , with an elevation of approximately above sea level on average. It is located in the Central Region approximately north of Lilongwe. Most years the park is closed during March, during the wet season. The park is warm from the months of September to May and cooler from June to August. During the summer months a large variety of birds migrate to the park and bird watching is common between June and September. Flora and fauna The vegetation consists mainly of Miombo woodland with grassy river channels, known locally as Dambos. A number of rivers flow through the park, notably the Dwangwa and the Lingadzi and its tributary, the Lifupa, which creates an important spot for hippo surveyal in the park at the Lifupa Lodge. Kasungu is known for its pop ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
