Saint Helena pound malawian kwacha history for September 2023. The highest quote for this month is 1370.02 (18/09/2023) and the lowest 1351.32 (01/09/2023). The difference between high and low is 1.36.
SHP MWK average rate for September 2023 is 1321.54, the change between 01/09/2023 and 30/09/2023 is +3.37 %.
| 01 September 2023 | 1 SHP = 1347.48 MWK |
| 05 September 2023 | 1 SHP = 1338.24 MWK |
| 06 September 2023 | 1 SHP = 1327.66 MWK |
| 18 September 2023 | 1 SHP = 1332.23 MWK |
| 22 September 2023 | 1 SHP = 1320.50 MWK |
| 24 September 2023 | 1 SHP = 1320.24 MWK |
| 25 September 2023 | 1 SHP = 1317.24 MWK |
| 26 September 2023 | 1 SHP = 1300.22 MWK |
| 27 September 2023 | 1 SHP = 1309.58 MWK |
| 29 September 2023 | 1 SHP = 1302.01 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.
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.