Historic Malawian kwacha Syrian Pound

Malawian kwacha syrian pound history for December 2023. The highest quote for this month is 7.7997 (02/12/2023) and the lowest 9.496 (15/12/2023). The difference between high and low is -21.75.

MWK SYP average rate for December 2023 is 7.77874, the change between 01/12/2023 and 31/12/2023 is -0.83 %.

01 December 20231 MWK = 7.74 SYP
02 December 20231 MWK = 7.80 SYP
03 December 20231 MWK = 7.80 SYP
04 December 20231 MWK = 7.73 SYP
05 December 20231 MWK = 7.79 SYP
06 December 20231 MWK = 7.84 SYP
07 December 20231 MWK = 7.73 SYP
08 December 20231 MWK = 7.84 SYP
10 December 20231 MWK = 7.80 SYP
11 December 20231 MWK = 7.73 SYP
12 December 20231 MWK = 7.80 SYP
13 December 20231 MWK = 7.74 SYP
14 December 20231 MWK = 7.79 SYP
15 December 20231 MWK = 7.79 SYP
16 December 20231 MWK = 7.80 SYP
17 December 20231 MWK = 7.80 SYP
18 December 20231 MWK = 7.70 SYP
19 December 20231 MWK = 7.74 SYP
20 December 20231 MWK = 7.80 SYP
21 December 20231 MWK = 7.72 SYP
22 December 20231 MWK = 7.81 SYP
23 December 20231 MWK = 7.80 SYP
24 December 20231 MWK = 7.80 SYP
26 December 20231 MWK = 7.73 SYP
27 December 20231 MWK = 7.81 SYP
28 December 20231 MWK = 7.80 SYP
29 December 20231 MWK = 7.80 SYP

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.