Algerian dinar malawian kwacha exchange rate history (DZD MWK) December 2023

Algerian dinar malawian kwacha history for December 2023. The highest quote for this month is 12.604 (18/12/2023) and the lowest 12.676 (29/12/2023). The difference between high and low is -0.57.

DZD MWK average rate for December 2023 is 12.47246, the change between 01/12/2023 and 31/12/2023 is +0.44 %.

01 December 2023	1 DZD = 12.52 MWK
02 December 2023	1 DZD = 12.42 MWK
03 December 2023	1 DZD = 12.42 MWK
04 December 2023	1 DZD = 12.51 MWK
05 December 2023	1 DZD = 12.42 MWK
06 December 2023	1 DZD = 12.37 MWK
07 December 2023	1 DZD = 12.55 MWK
08 December 2023	1 DZD = 12.36 MWK
10 December 2023	1 DZD = 12.42 MWK
11 December 2023	1 DZD = 12.54 MWK
12 December 2023	1 DZD = 12.42 MWK
13 December 2023	1 DZD = 12.52 MWK
14 December 2023	1 DZD = 12.44 MWK
15 December 2023	1 DZD = 12.46 MWK
16 December 2023	1 DZD = 12.43 MWK
17 December 2023	1 DZD = 12.43 MWK
18 December 2023	1 DZD = 12.62 MWK
19 December 2023	1 DZD = 12.53 MWK
20 December 2023	1 DZD = 12.43 MWK
21 December 2023	1 DZD = 12.57 MWK
22 December 2023	1 DZD = 12.42 MWK
23 December 2023	1 DZD = 12.48 MWK
24 December 2023	1 DZD = 12.48 MWK
25 December 2023	1 DZD = 12.56 MWK
26 December 2023	1 DZD = 12.58 MWK
27 December 2023	1 DZD = 12.42 MWK
28 December 2023	1 DZD = 12.45 MWK
29 December 2023	1 DZD = 12.47 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.

20/12/2017: Devaluation of Algerian Dinar

The Algerian dinar was devalued again, as it faced economic challenges and low oil prices.

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.

29/06/2014: 50th Anniversary of Algerian Dinar

Algeria celebrated the 50th anniversary of the introduction of the Algerian dinar as its national 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.

21/12/1999: Introduction of Euro-Dinar Exchange Rate

The euro-dinar exchange rate was introduced, replacing the French franc as the peg currency for the Algerian dinar.

17/09/1994: Introduction of New Dinar

A new series of banknotes was introduced in Algeria, with the intent of stabilizing the currency and reducing inflation.

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.

10/11/1973: Devaluation of Algerian Dinar

The Algerian dinar was devalued by 30%, as a result of the global oil crisis and economic challenges faced by Algeria.

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.

07/05/1971: Algerian Dinar Pegged to French Franc

The Algerian dinar was pegged to the French franc at a rate of 1 dinar to 1.20 francs, establishing a fixed exchange rate.

01/10/1964: Introduction of Algerian Dinar

The Algerian dinar was introduced as the official currency of Algeria, replacing the French franc at a rate of 1 dinar to 100 francs.

Historic Algerian dinar Malawian kwacha