Tanzanian Shilling malawian kwacha exchange rate history (TZS MWK) December 2023

Tanzanian Shilling malawian kwacha history for December 2023. The highest quote for this month is 0.67055 (18/12/2023) and the lowest 0.6799 (25/12/2023). The difference between high and low is -1.39.

TZS MWK average rate for December 2023 is 0.66791, the change between 01/12/2023 and 31/12/2023 is +1.35 %.

01 December 2023	1 TZS = 0.6706 MWK
02 December 2023	1 TZS = 0.6643 MWK
03 December 2023	1 TZS = 0.6643 MWK
04 December 2023	1 TZS = 0.6830 MWK
05 December 2023	1 TZS = 0.6663 MWK
06 December 2023	1 TZS = 0.6636 MWK
07 December 2023	1 TZS = 0.6705 MWK
08 December 2023	1 TZS = 0.6623 MWK
10 December 2023	1 TZS = 0.6651 MWK
11 December 2023	1 TZS = 0.6832 MWK
12 December 2023	1 TZS = 0.6655 MWK
13 December 2023	1 TZS = 0.6716 MWK
14 December 2023	1 TZS = 0.6663 MWK
15 December 2023	1 TZS = 0.6636 MWK
16 December 2023	1 TZS = 0.6670 MWK
17 December 2023	1 TZS = 0.6670 MWK
18 December 2023	1 TZS = 0.6830 MWK
19 December 2023	1 TZS = 0.6705 MWK
20 December 2023	1 TZS = 0.6624 MWK
21 December 2023	1 TZS = 0.6694 MWK
22 December 2023	1 TZS = 0.6620 MWK
23 December 2023	1 TZS = 0.6643 MWK
24 December 2023	1 TZS = 0.6643 MWK
25 December 2023	1 TZS = 0.6801 MWK
26 December 2023	1 TZS = 0.6674 MWK
27 December 2023	1 TZS = 0.6605 MWK
28 December 2023	1 TZS = 0.6619 MWK
29 December 2023	1 TZS = 0.6615 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.