Indian rupee to Malawian kwacha Historical Exchange Rates
Welcome to the INR to MWK exchange rate history page. This page contains detailed daily historical exchange rates between INR and MWK from 2025-3-8 to 2026-05-17, making it easy to look up and reference.
1 INR = 18.0592 MWK
12:30 Exchange Rate
1 Indian rupee to Malawian kwacha Historical Exchange Rate Trends
1 INR = -- MWK
12:30 Exchange Rate
1 Indian rupee to Malawian kwacha Data Statistics
This section organizes the historical exchange rate data of 1 INR to MWK, including daily data over the past 1 day, 15 days, 30 days, and 90 days. It also marks the highest, lowest, and average rates during each period, helping you easily understand how the exchange rate has changed over time, which is useful for currency exchange, transfers, or investment decisions.
Past 7 days historical exchange rates
Below are the daily average exchange rates of INR to MWK for the past 7 days, helping you track the trend during this period. We also provide exchange rate changes of MWK to INR, helping you understand fluctuations from different perspectives and better plan your currency exchange, transfers, or fund management.
INR to MWK - Last 7 Days
MWK to INR - Last 7 Days
INR - Indian Rupee
The Indian rupee is centuries old, with the modern version in use since independence in 1947. The rupee is the foundation of India's large and diverse economy and is widely used in domestic trade, services and the growing digital payments market.
- Supporting unit:1 rupee = 100 paise, but small denomination coins have largely ceased to be in circulation.
- Denomination of banknotes:₹10, ₹20, ₹50, ₹100, ₹200, ₹500, ₹2000 (some higher denominations have been discontinued but are still in circulation)
- Reserve currency:No, but it plays a certain role as a regional reserve currency in South Asia.
- Banknote material:The main material is cotton paper, while some new versions use a polymer blend material, featuring anti-counterfeiting lines, watermarks, micro-printing, and other security features.
- Metal composition:Steel, stainless steel, nickel-clad steel, copper-nickel alloy, etc.
- Currency symbol:₹
- Paper currency size:For example, ₹500 measures 150mm × 66mm, and different denominations have different sizes.
- language:en
- Main unit:1 Rupee
- ISO code:INR
- Currency name:Indian Rupee
- Exchange Rate System:A managed floating exchange rate system, regulated by interventions from the Reserve Bank of India.
- Central Bank:Reserve Bank of India (RBI)
- Safe-haven currency:No, it is a currency in a highly volatile emerging market.
- Coin denomination:₹1, ₹2, ₹5, ₹10, ₹20 (New Polygon Type)
- Countries of Use:India is an official user of the currency, and countries like Nepal and Bhutan also accept the circulation of the rupee to a certain extent.
- Cross-border payment:Access to the SWIFT network is widely used for remittances in South Asia and the Middle East, yet transactions in international trade are still predominantly settled in US dollars. In recent years, the Reserve Bank of India has encouraged the establishment of local currency settlement mechanisms with certain countries.
MWK - Malawian Kwacha
The Kwacha was introduced in 1971 and is the core currency of Malawi's economic development. It supports agriculture and manufacturing, and promotes the country's gradual economic diversification.
- Supporting unit:1 Kwacha = 100 Tambala
- Denomination of banknotes:20, 50, 100, 200, 500, 1000, 2000, 5000 Zambian Kwacha
- Reserve currency:No, Malawi primarily holds US dollars and South African rand as its foreign exchange reserves.
- Banknote material:A combination of paper and polymer, featuring anti-counterfeiting characteristics.
- Metal composition:Copper-coated steel core, nickel-coated steel core, etc.
- Currency symbol:MK
- Paper currency size:Approximately 132mm × 66mm for 1000 grams of kwacha.
- language:en
- Main unit:1 Kwacha
- ISO code:MWK
- Currency name:Malawikwacha
- Exchange Rate System:Floating exchange rate system
- Central Bank:Reserve Bank of Malawi
- Safe-haven currency:No, it belongs to a highly volatile currency.
- Coin denomination:1, 5, 10, 20, 50 cents; 1, 5, 10 grams of kwacha
- Countries of Use:Malawi is the only country where it is used officially.
- Cross-border payment:International transfers can be conducted through the SWIFT network, but the use of kwacha for international settlements is minimal, with the US dollar often serving as the intermediary settlement currency.
