Historic Ghana Cedi Malawian kwacha

Ghana Cedi malawian kwacha history for February 2024. The highest quote for this month is 136.29 (01/02/2024) and the lowest 136.32 (02/02/2024). The difference between high and low is -0.02.

GHS MWK average rate for February 2024 is 134.50444, the change between 01/02/2024 and 29/02/2024 is +1.35 %.

01 February 20241 GHS = 135.3 MWK
02 February 20241 GHS = 134.9 MWK
03 February 20241 GHS = 135.1 MWK
04 February 20241 GHS = 135.1 MWK
05 February 20241 GHS = 136.0 MWK
06 February 20241 GHS = 136.0 MWK
07 February 20241 GHS = 134.9 MWK
08 February 20241 GHS = 134.9 MWK
09 February 20241 GHS = 134.6 MWK
12 February 20241 GHS = 135.6 MWK
13 February 20241 GHS = 134.4 MWK
14 February 20241 GHS = 134.3 MWK
15 February 20241 GHS = 134.4 MWK
16 February 20241 GHS = 134.3 MWK
17 February 20241 GHS = 134.4 MWK
18 February 20241 GHS = 134.4 MWK
19 February 20241 GHS = 135.0 MWK
20 February 20241 GHS = 134.7 MWK
21 February 20241 GHS = 134.1 MWK
22 February 20241 GHS = 133.3 MWK
23 February 20241 GHS = 134.9 MWK
24 February 20241 GHS = 133.3 MWK
25 February 20241 GHS = 133.3 MWK
26 February 20241 GHS = 134.1 MWK
27 February 20241 GHS = 134.4 MWK
28 February 20241 GHS = 132.8 MWK
29 February 20241 GHS = 133.5 MWK

13/05/2020: Introduction of New Thousand Kwacha Banknotes

Malawi introduced new banknotes with higher denominations to address issues of inflation and to streamline transactions in a cash-based economy.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

01/05/2016: Currency Floatation

The Malawian government allowed the kwacha to float freely against other currencies, leading to a significant depreciation of the currency.

07/08/2012: Introduction of New Kwacha Coins

Malawi introduced new coins to replace smaller denominations of the kwacha banknotes, facilitating transactions and reducing the cost of producing money.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

14/06/1994: Malawi's First Multiparty Democratic Elections

Malawi held its first multiparty democratic elections, leading to a political and economic transition which affected the value of the kwacha.

01/09/1979: First Devaluation of the Kwacha

The Malawian government devalued the kwacha by 30% in response to economic challenges and to promote exports.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

06/07/1971: Introduction of the Malawian Kwacha

The Malawian Kwacha (MWK) was introduced as the official currency of Malawi, replacing the Malawian pound at a rate of 2 kwacha = 1 pound.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.
GHS MWK July 2023
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