Malawi Kwacha definition

Malawi Kwacha and "MK" mean the currency of the Borrower;
Malawi Kwacha means the currency of the Recipient;
Malawi Kwacha or “K” means the legal tender in Malawi;

Examples of Malawi Kwacha in a sentence

  • Depreciation of Malawi Kwacha due to decrease of agricultural exports and the strengthening US dollar, among other reasons, led to an increase of average annual inflation which stood at 22.6 percent by June 2016.

  • The PIU will also open Malawi Kwacha operating accounts at the secretariat and outreach/regional offices.

  • The Company enters into transactions denominated in the Canadian Dollar, the United States dollar, and the local currency in Malawi (Kwacha).

  • Individuals who had to pay 50 Malawi Kwacha (1 United States Dollar = 100 Malawi Kwacha, MW) or less for a one-way trip to the Thyolo hospital were four times more likely to accept ART than those who had to pay over 100 MW.

  • Foreign currency transactionsTransactions in foreign currencies are translated to Malawi Kwacha at the foreign exchange rate ruling at the date of the transaction.

  • Trade and other receivables are substantially denominated in Malawi Kwacha.

  • The formula is managed under a multi-sector Petroleum Pricing Committee (PPC), which meets once every month to assess changes in the agreed parameters that constitute the In-Bond Landed Cost (IBLC) and the value of the Malawi Kwacha against the US Dollar.

  • Monetary assets and liabilities denominated in foreign currencies at the balance sheet date are translated to Malawi Kwacha at the foreign exchange rate ruling at that date.

  • The loan is denominated in Malawi Kwacha and accrued interest at 23% per annum.

  • Unless specifically expressed, all financial information is presented in Malawi Kwacha and has been rounded to the nearest thousand.

Related to Malawi Kwacha

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  • Tabarru’ means donation for the purpose of solidarity and cooperation among the Takaful Participants and to be used to help all Takaful Participants in times of misfortune. In the context of the Company, Tabarru’ will be allocated into the Participants’ Risk Fund.

  • LHSIA means the Local Health System Integration Act, 2006, and the regulations made under it, as it and they may be amended from time to time;

  • POPIA means the Protection of Personal Information Act 4 of 2013;

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  • obsrvd_agnt_cd ;"count erparty_identifier";"entty_rl";"cntrct_id";"instrmnt_id";" reporting_reference_date" Alpha-numeric Semicolon-separated string of all column names. Field names are put in double quotation marks. 1 reporting_agent_identifier Variable characters (60) 60 identifier domain 2 obsrvd_agnt_cd Variable characters (60) 60 identifier domain 3 counterparty_identifier Variable characters (60) 60 identifier domain 4 entty_rl Variable characters (25) 25 counterparty-instrument role type 5 cntrct_id Variable characters (60) 60 identifier domain 6 instrmnt_id Variable characters (60) 60 identifier domain 7 reporting_reference_date Date reporting reference date

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