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The meaning is derived from indeed, or for sure. This is a much more expressive way of saying it, as in "hell yeah".
Mike: "What are you up to dude?"

Andy: "Nothin much. Tryna get me some hot bitches tonight. You down?"

Mike: "Fo shwang!"
by Mickey Dee October 28, 2007

Words related to fo shwang

for sure fo schwang fo sho fo swang hell yeah indeed yes