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Kwacha

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Kwacha


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I should have pocketed 200,000 kwacha (1,428 dollars), instead I received 50,000 kwacha (357 dollars)," Milosi Jere, one the villagers, told AFP.
For the past three years, the Malawi kwacha has been trading at MK140 against the US dollar but local economists have described this rate as unfavourable to the country's economy.
This is the largest amount known to be paid out by a slot machine at any of the Malawi casinos, although the casino''s general manager said that payouts of 600,000 Kwacha to 800,000 Kwacha were relatively common.
 
 
 
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