Israeli Sheqel malawian kwacha exchange rate history (ILS MWK) August 2023

Israeli Sheqel malawian kwacha history for August 2023. The highest quote for this month is 293.19 (07/08/2023) and the lowest 293.84 (08/08/2023). The difference between high and low is -0.22.

ILS MWK average rate for August 2023 is 285.1664, the change between 01/08/2023 and 31/08/2023 is -0.62 %.

01 August 2023	1 ILS = 282.8 MWK
02 August 2023	1 ILS = 284.8 MWK
03 August 2023	1 ILS = 285.6 MWK
04 August 2023	1 ILS = 280.8 MWK
07 August 2023	1 ILS = 284.9 MWK
08 August 2023	1 ILS = 293.2 MWK
09 August 2023	1 ILS = 290.4 MWK
10 August 2023	1 ILS = 293.2 MWK
11 August 2023	1 ILS = 291.7 MWK
12 August 2023	1 ILS = 286.3 MWK
14 August 2023	1 ILS = 291.3 MWK
15 August 2023	1 ILS = 284.0 MWK
16 August 2023	1 ILS = 285.4 MWK
17 August 2023	1 ILS = 284.8 MWK
18 August 2023	1 ILS = 280.8 MWK
20 August 2023	1 ILS = 283.2 MWK
21 August 2023	1 ILS = 284.2 MWK
22 August 2023	1 ILS = 280.2 MWK
23 August 2023	1 ILS = 281.8 MWK
24 August 2023	1 ILS = 284.0 MWK
25 August 2023	1 ILS = 279.8 MWK
28 August 2023	1 ILS = 282.5 MWK
29 August 2023	1 ILS = 284.5 MWK
30 August 2023	1 ILS = 284.5 MWK
31 August 2023	1 ILS = 284.6 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.

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

10/04/2000: Introduction of New Kwacha Banknotes

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

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of 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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Israeli Sheqel Malawian kwacha