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

Swiss franc malawian kwacha history for November 2023. The highest quote for this month is 1918.06 (30/11/2023) and the lowest 1918.43 (30/11/2023). The difference between high and low is -0.02.

CHF MWK average rate for November 2023 is 1678.1684, the change between 01/11/2023 and 30/11/2023 is -54.09 %.

01 November 2023	1 CHF = 1238.73 MWK
02 November 2023	1 CHF = 1252.28 MWK
03 November 2023	1 CHF = 1236.29 MWK
06 November 2023	1 CHF = 1237.75 MWK
07 November 2023	1 CHF = 1228.87 MWK
08 November 2023	1 CHF = 1227.82 MWK
09 November 2023	1 CHF = 1230.15 MWK
10 November 2023	1 CHF = 1216.85 MWK
13 November 2023	1 CHF = 1855.43 MWK
14 November 2023	1 CHF = 1865.48 MWK
15 November 2023	1 CHF = 1893.49 MWK
16 November 2023	1 CHF = 1876.94 MWK
17 November 2023	1 CHF = 1873.99 MWK
18 November 2023	1 CHF = 1883.30 MWK
19 November 2023	1 CHF = 1882.41 MWK
20 November 2023	1 CHF = 1886.72 MWK
21 November 2023	1 CHF = 1887.24 MWK
22 November 2023	1 CHF = 1889.76 MWK
23 November 2023	1 CHF = 1898.94 MWK
24 November 2023	1 CHF = 1900.39 MWK
26 November 2023	1 CHF = 1889.94 MWK
27 November 2023	1 CHF = 1897.61 MWK
28 November 2023	1 CHF = 1894.01 MWK
29 November 2023	1 CHF = 1901.01 MWK
30 November 2023	1 CHF = 1908.81 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