Moldovan Leu malawian kwacha exchange rate history (MDL MWK) October 2023

Moldovan Leu malawian kwacha history for October 2023. The highest quote for this month is 64.907 (16/10/2023) and the lowest 64.882 (13/10/2023). The difference between high and low is 0.04.

MDL MWK average rate for October 2023 is 63.08271, the change between 01/10/2023 and 31/10/2023 is -5.76 %.

01 October 2023	1 MDL = 59.35 MWK
02 October 2023	1 MDL = 59.96 MWK
03 October 2023	1 MDL = 59.34 MWK
04 October 2023	1 MDL = 60.32 MWK
05 October 2023	1 MDL = 63.48 MWK
06 October 2023	1 MDL = 64.38 MWK
07 October 2023	1 MDL = 63.76 MWK
09 October 2023	1 MDL = 64.40 MWK
10 October 2023	1 MDL = 64.30 MWK
11 October 2023	1 MDL = 63.70 MWK
12 October 2023	1 MDL = 63.43 MWK
13 October 2023	1 MDL = 63.87 MWK
16 October 2023	1 MDL = 64.96 MWK
17 October 2023	1 MDL = 63.84 MWK
18 October 2023	1 MDL = 64.02 MWK
19 October 2023	1 MDL = 64.17 MWK
20 October 2023	1 MDL = 63.38 MWK
21 October 2023	1 MDL = 63.16 MWK
22 October 2023	1 MDL = 63.16 MWK
23 October 2023	1 MDL = 64.16 MWK
24 October 2023	1 MDL = 63.51 MWK
25 October 2023	1 MDL = 63.02 MWK
26 October 2023	1 MDL = 62.88 MWK
27 October 2023	1 MDL = 62.91 MWK
28 October 2023	1 MDL = 63.18 MWK
29 October 2023	1 MDL = 63.18 MWK
30 October 2023	1 MDL = 63.73 MWK
31 October 2023	1 MDL = 62.77 MWK

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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

10/04/2000: Introduction of New Kwacha Banknotes

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

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of 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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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.

Historic Moldovan Leu Malawian kwacha