Malawian Kwacha to Panamanian Balboa | Bank

The Malawian Kwacha (MWK) is the official currency of Malawi. Introduced in 1971, it is issued by the Reserve Bank of Malawi. The currency plays a crucial role in the country's economy and financial stability.

The Panamanian Balboa (PAB) is the official currency of Panama. It has been pegged to the US dollar at a rate of 1:1 since its introduction in 1904. While Panama uses US dollar bills, they mint their own Balboa coins. The currency is named after the Spanish explorer Vasco Núñez de Balboa.