Historic Malawian kwacha Moroccan dirham

Malawian kwacha moroccan dirham history since 29/03/2024 until today (0 years). Search for MWK to MAD exchange rate history for a particular date, month or year.

is the currency (supplied by Reserve Bank of Malawi and the currency supplied by Bank Al-Maghrib. The MWK MAD historical data can be seen on the Malawian kwacha moroccan dirham historical chart.

01 March 20241 MWK = 0.0061 MAD
03 March 20241 MWK = 0.0060 MAD
04 March 20241 MWK = 0.0058 MAD
05 March 20241 MWK = 0.0058 MAD
06 March 20241 MWK = 0.0058 MAD
07 March 20241 MWK = 0.0060 MAD
08 March 20241 MWK = 0.0058 MAD
10 March 20241 MWK = 0.0065 MAD
11 March 20241 MWK = 0.0058 MAD
12 March 20241 MWK = 0.0065 MAD

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced security features.

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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

10/04/2000: Introduction of New Kwacha Banknotes

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

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.