kwacha

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kwacha

A vendor counts out several kwacha notes at a market stall.

Definition

Noun: 1. The basic unit of money in Malawi: The official currency of the Republic of Malawi, subdivided into 100 tambala. 2. The basic unit of money in Zambia: The official currency of the Republic of Zambia, subdivided into 100 ngwee.

Examples of Usage
  • Malawi kwacha (MWK):
    • The price of the souvenir was five hundred kwacha.
    • She exchanged her dollars for Malawian kwacha at the bank.
  • Zambian kwacha (ZMW):
    • The taxi fare is fifty kwacha.
    • The new banknotes feature important national symbols of Zambia.
Advanced Usage
  • The word kwacha itself means "dawn" in the Nyanja and Bemba languages, symbolizing a new beginning for the nations upon independence.
  • To avoid confusion between the two currencies, they are often specified as the Malawian kwacha (MWK) and the Zambian kwacha (ZMW) in financial contexts.
Variants and Related Words
  • Tambala (noun): The subunit of the Malawian kwacha (1 kwacha = 100 tambala). means "rooster" in Chichewa.
  • Ngwee (noun): The subunit of the Zambian kwacha (1 kwacha = 100 ngwee). means "bright" in the Nyanja language.
Synonyms
  • Currency: The system of money used in a particular country.
  • Monetary unit: The standard unit of value of a currency.
Related Phrases
  • Kwacha coins/banknotes: Refers to the physical forms of the currency.
    • He paid with a stack of kwacha banknotes.
  • Kwacha-denominated: Describes assets or prices stated in kwacha.
    • The bond is kwacha-denominated.
kwacha

A vendor counts out several kwacha notes at a market stall.

Noun
  1. the basic unit of money in Malawi
  2. the basic unit of money in Zambia

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