Malawian kwacha (MWK)
1 articleAs Malawi's circulating currency, the Malawian kwacha is distinguished internationally by code MWK. Currency administration rests with the Reserve Bank of Malawi; cash circulates in Malawian kwacha-denominated banknotes and coins. The tambala is the formal subdivision used to define fractional denominations of the Malawian kwacha. Its stable identity rests on the MWK code, denomination structure and official monetary arrangements rather than temporary market conditions.
Malawi Confirms New 5,000-Kwacha Banknote With 2026 Date
Malawi's Reserve Bank has introduced a new 5,000-kwacha note dated 1 January 2026, featuring the signature of MacDonald Mafuta Mwale. The update maintains the existing design but signals a new phase in the note's issuance.