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

Algerian dinar malawian kwacha history for October 2023. The highest quote for this month is 8.4773 (03/10/2023) and the lowest 8.4896 (09/10/2023). The difference between high and low is -0.15.

DZD MWK average rate for October 2023 is 8.26832, the change between 01/10/2023 and 31/10/2023 is -5.9 %.

01 October 2023	1 DZD = 7.85 MWK
02 October 2023	1 DZD = 7.89 MWK
03 October 2023	1 DZD = 7.76 MWK
04 October 2023	1 DZD = 7.87 MWK
05 October 2023	1 DZD = 8.29 MWK
06 October 2023	1 DZD = 8.40 MWK
07 October 2023	1 DZD = 8.41 MWK
09 October 2023	1 DZD = 8.39 MWK
10 October 2023	1 DZD = 8.42 MWK
11 October 2023	1 DZD = 8.34 MWK
12 October 2023	1 DZD = 8.30 MWK
13 October 2023	1 DZD = 8.30 MWK
16 October 2023	1 DZD = 8.42 MWK
17 October 2023	1 DZD = 8.28 MWK
18 October 2023	1 DZD = 8.34 MWK
19 October 2023	1 DZD = 8.37 MWK
20 October 2023	1 DZD = 8.30 MWK
21 October 2023	1 DZD = 8.36 MWK
22 October 2023	1 DZD = 8.36 MWK
23 October 2023	1 DZD = 8.39 MWK
24 October 2023	1 DZD = 8.33 MWK
25 October 2023	1 DZD = 8.26 MWK
26 October 2023	1 DZD = 8.21 MWK
27 October 2023	1 DZD = 8.22 MWK
28 October 2023	1 DZD = 8.39 MWK
29 October 2023	1 DZD = 8.39 MWK
30 October 2023	1 DZD = 8.37 MWK
31 October 2023	1 DZD = 8.31 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