Moroccan dirham malawian kwacha exchange rate history (MAD MWK) November 2023

Moroccan dirham malawian kwacha history for November 2023. The highest quote for this month is 171.11 (22/11/2023) and the lowest 172.36 (27/11/2023). The difference between high and low is -0.73.

MAD MWK average rate for November 2023 is 148.4064, the change between 01/11/2023 and 30/11/2023 is -51.45 %.

01 November 2023	1 MAD = 109.6 MWK
02 November 2023	1 MAD = 110.0 MWK
03 November 2023	1 MAD = 112.8 MWK
06 November 2023	1 MAD = 112.6 MWK
07 November 2023	1 MAD = 108.3 MWK
08 November 2023	1 MAD = 108.1 MWK
09 November 2023	1 MAD = 108.6 MWK
10 November 2023	1 MAD = 107.5 MWK
13 November 2023	1 MAD = 169.3 MWK
14 November 2023	1 MAD = 164.5 MWK
15 November 2023	1 MAD = 166.1 MWK
16 November 2023	1 MAD = 164.0 MWK
17 November 2023	1 MAD = 164.0 MWK
18 November 2023	1 MAD = 164.1 MWK
19 November 2023	1 MAD = 164.2 MWK
20 November 2023	1 MAD = 170.9 MWK
21 November 2023	1 MAD = 164.8 MWK
22 November 2023	1 MAD = 164.8 MWK
23 November 2023	1 MAD = 171.0 MWK
24 November 2023	1 MAD = 171.2 MWK
26 November 2023	1 MAD = 165.2 MWK
27 November 2023	1 MAD = 171.3 MWK
28 November 2023	1 MAD = 165.3 MWK
29 November 2023	1 MAD = 166.0 MWK
30 November 2023	1 MAD = 166.0 MWK

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.

Historic Moroccan dirham Malawian kwacha