Historic Malawian kwacha Rwandan franc

Malawian kwacha rwandan franc history for January 2024. The highest quote for this month is 0.75767 (24/01/2024) and the lowest 0.75684 (28/01/2024). The difference between high and low is 0.11.

MWK RWF average rate for January 2024 is 0.75189, the change between 01/01/2024 and 31/01/2024 is -2.01 %.

01 January 20241 MWK = 0.7414 RWF
02 January 20241 MWK = 0.7414 RWF
03 January 20241 MWK = 0.7577 RWF
04 January 20241 MWK = 0.7518 RWF
05 January 20241 MWK = 0.7503 RWF
06 January 20241 MWK = 0.7533 RWF
07 January 20241 MWK = 0.7533 RWF
08 January 20241 MWK = 0.7440 RWF
09 January 20241 MWK = 0.7503 RWF
10 January 20241 MWK = 0.7446 RWF
11 January 20241 MWK = 0.7503 RWF
12 January 20241 MWK = 0.7449 RWF
14 January 20241 MWK = 0.7547 RWF
15 January 20241 MWK = 0.7566 RWF
16 January 20241 MWK = 0.7509 RWF
17 January 20241 MWK = 0.7457 RWF
18 January 20241 MWK = 0.7560 RWF
19 January 20241 MWK = 0.7560 RWF
22 January 20241 MWK = 0.7574 RWF
23 January 20241 MWK = 0.7557 RWF
24 January 20241 MWK = 0.7554 RWF
25 January 20241 MWK = 0.7563 RWF
26 January 20241 MWK = 0.7556 RWF
28 January 20241 MWK = 0.7568 RWF
29 January 20241 MWK = 0.7478 RWF
30 January 20241 MWK = 0.7563 RWF
31 January 20241 MWK = 0.7563 RWF

24/06/2020: Rwandan Franc Devaluation

The central bank of Rwanda announced a gradual devaluation of the Rwandan franc to enhance export competitiveness and stimulate economic growth.

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.

03/12/2008: New Currency Series

A new series of Rwandan franc banknotes was introduced, featuring updated security features and designs.

01/01/2004: East African Community

Rwanda joined the East African Community, leading to increased economic integration and cooperation within the region.

10/04/2000: Introduction of New Kwacha Banknotes

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

03/12/1998: Currency Redenomination

The Rwandan franc underwent a redenomination, with 100 old francs being replaced by 1 new franc.

07/04/1995: Rwandan Genocide

The Rwandan Genocide began, causing economic instability and inflation for the Rwandan franc.

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.

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.

01/12/1973: Currency Reform

A currency reform was implemented, introducing a new series of Rwandan franc banknotes.

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.

25/06/1964: Introduction of the Rwandan Franc

The Rwandan franc was introduced as the official currency of Rwanda, replacing the East African shilling.
MWK RWF July 2023
MWK RWF August 2023
MWK RWF September 2023
MWK RWF October 2023
MWK RWF November 2023
MWK RWF December 2023
MWK RWF January 2024
MWK RWF February 2024
MWK RWF March 2024
MWK RWF April 2024
MWK RWF May 2024
MWK RWF June 2024
MWK RWF July 2024