Historic Malawian kwacha Moldovan Leu

Malawian kwacha moldovan leu history for October 2023. The highest quote for this month is 0.016849 (01/10/2023) and the lowest 0.016869 (02/10/2023). The difference between high and low is -0.12.

MWK MDL average rate for October 2023 is 0.01586, the change between 01/10/2023 and 31/10/2023 is +5.45 %.

01 October 20231 MWK = 0.0168 MDL
02 October 20231 MWK = 0.0167 MDL
03 October 20231 MWK = 0.0169 MDL
04 October 20231 MWK = 0.0166 MDL
05 October 20231 MWK = 0.0158 MDL
06 October 20231 MWK = 0.0155 MDL
07 October 20231 MWK = 0.0157 MDL
09 October 20231 MWK = 0.0155 MDL
10 October 20231 MWK = 0.0156 MDL
11 October 20231 MWK = 0.0157 MDL
12 October 20231 MWK = 0.0158 MDL
13 October 20231 MWK = 0.0157 MDL
16 October 20231 MWK = 0.0154 MDL
17 October 20231 MWK = 0.0157 MDL
18 October 20231 MWK = 0.0156 MDL
19 October 20231 MWK = 0.0156 MDL
20 October 20231 MWK = 0.0158 MDL
21 October 20231 MWK = 0.0158 MDL
22 October 20231 MWK = 0.0158 MDL
23 October 20231 MWK = 0.0156 MDL
24 October 20231 MWK = 0.0157 MDL
25 October 20231 MWK = 0.0159 MDL
26 October 20231 MWK = 0.0159 MDL
27 October 20231 MWK = 0.0159 MDL
28 October 20231 MWK = 0.0158 MDL
29 October 20231 MWK = 0.0158 MDL
30 October 20231 MWK = 0.0157 MDL
31 October 20231 MWK = 0.0159 MDL

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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

10/04/2000: Introduction of New Kwacha Banknotes

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

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability 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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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.