Historic Malawian kwacha Seychellois Rupee

Malawian kwacha seychellois rupee history for February 2024. The highest quote for this month is 0.008512 (17/02/2024) and the lowest 0.008512 (17/02/2024). The difference between high and low is 0.

MWK SCR average rate for February 2024 is 0.00778, the change between 01/02/2024 and 29/02/2024 is -2.56 %.

01 February 20241 MWK = 0.0073 SCR
02 February 20241 MWK = 0.0075 SCR
03 February 20241 MWK = 0.0084 SCR
04 February 20241 MWK = 0.0084 SCR
05 February 20241 MWK = 0.0079 SCR
06 February 20241 MWK = 0.0075 SCR
07 February 20241 MWK = 0.0074 SCR
08 February 20241 MWK = 0.0074 SCR
09 February 20241 MWK = 0.0074 SCR
12 February 20241 MWK = 0.0078 SCR
13 February 20241 MWK = 0.0080 SCR
14 February 20241 MWK = 0.0074 SCR
15 February 20241 MWK = 0.0075 SCR
16 February 20241 MWK = 0.0076 SCR
17 February 20241 MWK = 0.0085 SCR
18 February 20241 MWK = 0.0085 SCR
19 February 20241 MWK = 0.0081 SCR
20 February 20241 MWK = 0.0074 SCR
21 February 20241 MWK = 0.0075 SCR
22 February 20241 MWK = 0.0075 SCR
23 February 20241 MWK = 0.0075 SCR
24 February 20241 MWK = 0.0084 SCR
25 February 20241 MWK = 0.0084 SCR
26 February 20241 MWK = 0.0079 SCR
27 February 20241 MWK = 0.0077 SCR
28 February 20241 MWK = 0.0075 SCR
29 February 20241 MWK = 0.0075 SCR

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.

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.

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.