MWK/USD

Market Open
14 Jun, 21:00
$
0. 000578
+0.000002
+0.4033%
$
1 Volume
$ 0.000576
Previous Close
Add Transaction
Day Range
0.000576 0.000576
Year Range
0.000571 0.000588
Want to track MWKUSD and more in your Portfolio? 🎯
Sign up for Marketlog, a portfolio tracker that will exceed your expectations!

MWKUSD Overview

MWKUSD denotes the exchange rate between the Malawian Kwacha and the United States Dollar, showing how many US dollars one unit of MWK can purchase. It reflects relative value changes between Malawi’s domestic currency and the global reserve currency.

Malawian Kwacha (MWK) is the official currency of the Republic of Malawi in southeastern Africa. It is issued and regulated by the Reserve Bank of Malawi, which is responsible for monetary policy, currency issuance, and maintaining financial stability within the country.

United States Dollar (USD) serves as the official currency of the United States and functions as the world’s primary reserve and invoicing currency. The USD is issued by the Federal Reserve System, which sets US monetary policy, supervises banking institutions, and influences global liquidity conditions through interest rate decisions.

Movements in MWKUSD are driven by supply and demand in foreign exchange markets and by macroeconomic fundamentals such as interest rate differentials, inflation dynamics, fiscal positions, and central bank interventions. External influences like commodity price swings, cross-border capital flows and geopolitical developments also affect the pair’s valuation.

MWKUSD matters to exporters, importers, multinational firms and investors for pricing, hedging and capital allocation. Traders may also engage the pair for speculative opportunities or to manage currency risk associated with Malawian exposures.

MWKUSD Chart

MWKUSD FAQ

What is the current MWK/USD price?

The current rate is $0.000578, reflecting the latest available market price based on global forex liquidity and trading activity.

How much has the MWK/USD rate changed today?

The rate has changed by +0.000002 (+0.4033%) compared to the previous close, reflecting current forex market activity.

What was the previous closing rate?

The previous close was $0.000576, which serves as a reference point for measuring daily performance.

What does the daily range indicate?

The range shows the lowest and highest levels reached during the current trading session, helping assess volatility.

Why is MWK/USD moving up or down?

Movements in MWK/USD are driven by macroeconomic data, interest rate expectations, central bank policy, and overall market sentiment.

How is the percentage change calculated?

The percentage change (+0.4033%) is based on the difference between the current rate and the previous closing rate.

Is MWK/USD trending up or down right now?

If the current rate ($0.000578) is above the previous close ($0.000576), it indicates upward movement. If below, it suggests a downward trend.

Where can I track live rates and charts?

You can monitor real-time rates, charts, and key market data for MWK/USD directly on this page.