Historic Malawian kwacha Kuwaiti Dinar

Malawian kwacha kuwaiti dinar history for February 2024. The highest quote for this month is 0.000185 (03/02/2024) and the lowest 0.000185 (05/02/2024). The difference between high and low is 0.

MWK KWD average rate for February 2024 is 0.00018, the change between 01/02/2024 and 29/02/2024 is +1.08 %.

01 February 20241 MWK = 0.0002 KWD
02 February 20241 MWK = 0.0002 KWD
03 February 20241 MWK = 0.0002 KWD
04 February 20241 MWK = 0.0002 KWD
05 February 20241 MWK = 0.0002 KWD
06 February 20241 MWK = 0.0002 KWD
07 February 20241 MWK = 0.0002 KWD
08 February 20241 MWK = 0.0002 KWD
09 February 20241 MWK = 0.0002 KWD
12 February 20241 MWK = 0.0002 KWD
13 February 20241 MWK = 0.0002 KWD
14 February 20241 MWK = 0.0002 KWD
15 February 20241 MWK = 0.0002 KWD
16 February 20241 MWK = 0.0002 KWD
17 February 20241 MWK = 0.0002 KWD
18 February 20241 MWK = 0.0002 KWD
19 February 20241 MWK = 0.0002 KWD
20 February 20241 MWK = 0.0002 KWD
21 February 20241 MWK = 0.0002 KWD
22 February 20241 MWK = 0.0002 KWD
23 February 20241 MWK = 0.0002 KWD
24 February 20241 MWK = 0.0002 KWD
25 February 20241 MWK = 0.0002 KWD
26 February 20241 MWK = 0.0002 KWD
27 February 20241 MWK = 0.0002 KWD
28 February 20241 MWK = 0.0002 KWD
29 February 20241 MWK = 0.0002 KWD

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.

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti Dinar.

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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti Dinar.

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.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
MWK KWD August 2023
MWK KWD September 2023
MWK KWD October 2023
MWK KWD November 2023
MWK KWD December 2023
MWK KWD January 2024
MWK KWD February 2024
MWK KWD March 2024
MWK KWD April 2024
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MWK KWD June 2024
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MWK KWD August 2024