Historic Malawian kwacha Moroccan dirham

Malawian kwacha moroccan dirham history for January 2024. The highest quote for this month is 0.005986 (06/01/2024) and the lowest 0.00597 (28/01/2024). The difference between high and low is 0.27.

MWK MAD average rate for January 2024 is 0.00589, the change between 01/01/2024 and 31/01/2024 is -5.15 %.

01 January 20241 MWK = 0.0057 MAD
02 January 20241 MWK = 0.0057 MAD
03 January 20241 MWK = 0.0060 MAD
04 January 20241 MWK = 0.0060 MAD
05 January 20241 MWK = 0.0059 MAD
06 January 20241 MWK = 0.0060 MAD
07 January 20241 MWK = 0.0060 MAD
08 January 20241 MWK = 0.0057 MAD
09 January 20241 MWK = 0.0060 MAD
10 January 20241 MWK = 0.0057 MAD
11 January 20241 MWK = 0.0060 MAD
12 January 20241 MWK = 0.0059 MAD
14 January 20241 MWK = 0.0060 MAD
15 January 20241 MWK = 0.0057 MAD
16 January 20241 MWK = 0.0057 MAD
17 January 20241 MWK = 0.0058 MAD
18 January 20241 MWK = 0.0060 MAD
19 January 20241 MWK = 0.0060 MAD
22 January 20241 MWK = 0.0057 MAD
23 January 20241 MWK = 0.0060 MAD
24 January 20241 MWK = 0.0060 MAD
25 January 20241 MWK = 0.0060 MAD
26 January 20241 MWK = 0.0060 MAD
28 January 20241 MWK = 0.0060 MAD
29 January 20241 MWK = 0.0057 MAD
30 January 20241 MWK = 0.0060 MAD
31 January 20241 MWK = 0.0060 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.
MWK MAD June 2023
MWK MAD July 2023
MWK MAD August 2023
MWK MAD September 2023
MWK MAD October 2023
MWK MAD November 2023
MWK MAD December 2023
MWK MAD January 2024
MWK MAD February 2024
MWK MAD March 2024
MWK MAD April 2024
MWK MAD May 2024
MWK MAD June 2024