Historic Israeli Sheqel Malawian kwacha

Israeli Sheqel malawian kwacha history for December 2023. The highest quote for this month is 466.29 (25/12/2023) and the lowest 471.69 (25/12/2023). The difference between high and low is -1.16.

ILS MWK average rate for December 2023 is 455.78179, the change between 01/12/2023 and 31/12/2023 is -1.83 %.

01 December 20231 ILS = 451.4 MWK
02 December 20231 ILS = 449.6 MWK
03 December 20231 ILS = 449.6 MWK
04 December 20231 ILS = 452.2 MWK
05 December 20231 ILS = 448.4 MWK
06 December 20231 ILS = 446.1 MWK
07 December 20231 ILS = 455.0 MWK
08 December 20231 ILS = 448.7 MWK
10 December 20231 ILS = 450.2 MWK
11 December 20231 ILS = 454.4 MWK
12 December 20231 ILS = 448.9 MWK
13 December 20231 ILS = 452.5 MWK
14 December 20231 ILS = 451.1 MWK
15 December 20231 ILS = 455.4 MWK
16 December 20231 ILS = 453.5 MWK
17 December 20231 ILS = 454.9 MWK
18 December 20231 ILS = 460.9 MWK
19 December 20231 ILS = 458.5 MWK
20 December 20231 ILS = 456.1 MWK
21 December 20231 ILS = 464.3 MWK
22 December 20231 ILS = 459.6 MWK
23 December 20231 ILS = 463.1 MWK
24 December 20231 ILS = 463.2 MWK
25 December 20231 ILS = 467.3 MWK
26 December 20231 ILS = 468.0 MWK
27 December 20231 ILS = 458.9 MWK
28 December 20231 ILS = 460.4 MWK
29 December 20231 ILS = 459.7 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.