The official currency of Malawi is the Malawian Kwacha. The Kwacha is abbreviated as MWK and is divided into 100 tambala coins. Some common synonyms for the Malawian monetary unit include the Malawian currency, Malawi money, and Malawi kwacha. The Kwacha has faced some volatility in recent years due to various economic factors, but remains widely accepted throughout the country. It can be exchanged at banks, hotels, airports, and other financial institutions. Visitors to Malawi are advised to take note of the exchange rate and make sure they are getting a fair exchange when converting their currency.