Swiss franc malawian kwacha exchange rate history (CHF MWK) December 2023

Swiss franc malawian kwacha history for December 2023. The highest quote for this month is 1998.85 (29/12/2023) and the lowest 2009.63 (29/12/2023). The difference between high and low is -0.54.

CHF MWK average rate for December 2023 is 1931.89538, the change between 01/12/2023 and 31/12/2023 is -2.86 %.

01 December 2023	1 CHF = 1920.54 MWK
02 December 2023	1 CHF = 1918.65 MWK
03 December 2023	1 CHF = 1918.65 MWK
04 December 2023	1 CHF = 1936.73 MWK
05 December 2023	1 CHF = 1912.87 MWK
06 December 2023	1 CHF = 1896.14 MWK
07 December 2023	1 CHF = 1922.91 MWK
08 December 2023	1 CHF = 1895.05 MWK
10 December 2023	1 CHF = 1894.05 MWK
11 December 2023	1 CHF = 1912.68 MWK
12 December 2023	1 CHF = 1898.42 MWK
13 December 2023	1 CHF = 1919.33 MWK
14 December 2023	1 CHF = 1916.25 MWK
15 December 2023	1 CHF = 1924.74 MWK
18 December 2023	1 CHF = 1939.79 MWK
19 December 2023	1 CHF = 1936.92 MWK
20 December 2023	1 CHF = 1936.53 MWK
21 December 2023	1 CHF = 1951.85 MWK
22 December 2023	1 CHF = 1944.48 MWK
23 December 2023	1 CHF = 1950.31 MWK
24 December 2023	1 CHF = 1948.10 MWK
25 December 2023	1 CHF = 1966.55 MWK
26 December 2023	1 CHF = 1965.02 MWK
27 December 2023	1 CHF = 1949.44 MWK
28 December 2023	1 CHF = 1977.85 MWK
29 December 2023	1 CHF = 1975.43 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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

10/04/2000: Introduction of New Kwacha Banknotes

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

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official 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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.

Historic Swiss franc Malawian kwacha