Historic Swiss franc Malawian kwacha

Swiss franc malawian kwacha history for January 2024. The highest quote for this month is 2001.9 (01/01/2024) and the lowest 2003.53 (01/01/2024). The difference between high and low is -0.08.

CHF MWK average rate for January 2024 is 1950.1364, the change between 01/01/2024 and 31/01/2024 is +3.43 %.

01 January 20241 CHF = 2001.72 MWK
02 January 20241 CHF = 2000.84 MWK
03 January 20241 CHF = 1957.37 MWK
04 January 20241 CHF = 1960.18 MWK
05 January 20241 CHF = 1960.00 MWK
08 January 20241 CHF = 1968.91 MWK
09 January 20241 CHF = 1964.85 MWK
10 January 20241 CHF = 1969.94 MWK
11 January 20241 CHF = 1958.85 MWK
12 January 20241 CHF = 1974.07 MWK
14 January 20241 CHF = 1959.02 MWK
15 January 20241 CHF = 1965.68 MWK
16 January 20241 CHF = 1960.43 MWK
17 January 20241 CHF = 1952.87 MWK
18 January 20241 CHF = 1925.21 MWK
19 January 20241 CHF = 1916.87 MWK
22 January 20241 CHF = 1932.62 MWK
23 January 20241 CHF = 1916.88 MWK
24 January 20241 CHF = 1913.52 MWK
25 January 20241 CHF = 1930.43 MWK
26 January 20241 CHF = 1920.64 MWK
28 January 20241 CHF = 1929.76 MWK
29 January 20241 CHF = 1945.48 MWK
30 January 20241 CHF = 1934.24 MWK
31 January 20241 CHF = 1933.03 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.
CHF MWK July 2023
CHF MWK August 2023
CHF MWK September 2023
CHF MWK October 2023
CHF MWK November 2023
CHF MWK December 2023
CHF MWK January 2024
CHF MWK February 2024
CHF MWK March 2024
CHF MWK April 2024
CHF MWK May 2024
CHF MWK June 2024
CHF MWK July 2024