Historic Cambodian Riel Malawian kwacha

Cambodian Riel malawian kwacha history for December 2023. The highest quote for this month is 0.41976 (29/12/2023) and the lowest 0.42046 (29/12/2023). The difference between high and low is -0.17.

KHR MWK average rate for December 2023 is 0.41026, the change between 01/12/2023 and 31/12/2023 is +0.79 %.

01 December 20231 KHR = 0.4175 MWK
02 December 20231 KHR = 0.4064 MWK
03 December 20231 KHR = 0.4064 MWK
04 December 20231 KHR = 0.4175 MWK
05 December 20231 KHR = 0.4069 MWK
06 December 20231 KHR = 0.4042 MWK
07 December 20231 KHR = 0.4177 MWK
08 December 20231 KHR = 0.4042 MWK
10 December 20231 KHR = 0.4061 MWK
11 December 20231 KHR = 0.4176 MWK
12 December 20231 KHR = 0.4066 MWK
13 December 20231 KHR = 0.4182 MWK
14 December 20231 KHR = 0.4068 MWK
15 December 20231 KHR = 0.4066 MWK
16 December 20231 KHR = 0.4064 MWK
17 December 20231 KHR = 0.4064 MWK
18 December 20231 KHR = 0.4180 MWK
19 December 20231 KHR = 0.4096 MWK
20 December 20231 KHR = 0.4059 MWK
21 December 20231 KHR = 0.4106 MWK
22 December 20231 KHR = 0.4068 MWK
23 December 20231 KHR = 0.4075 MWK
24 December 20231 KHR = 0.4072 MWK
25 December 20231 KHR = 0.4187 MWK
26 December 20231 KHR = 0.4185 MWK
27 December 20231 KHR = 0.4069 MWK
28 December 20231 KHR = 0.4078 MWK
29 December 20231 KHR = 0.4142 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.

22/04/2020: COVID-19 Impact

The COVID-19 pandemic caused disruptions in the Cambodian economy, leading to a decline in the value of the Riel.

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.

04/01/2001: Riel Redenomination

The Cambodian government redenominated the Riel by removing four zeros, making it easier for transactions.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

20/03/1995: Dollarization

Cambodia officially adopted a dual currency system, allowing the use of both Riel and the United States Dollar.

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.

20/03/1994: Currency Stabilization

Cambodia implemented a new currency stabilization plan to control hyperinflation and stabilize the Riel.

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.

07/01/1979: Liberation of Cambodia

Vietnamese forces liberated Cambodia from the Khmer Rouge, leading to the reestablishment of the Riel.

17/04/1975: Khmer Rouge Regime

The Khmer Rouge regime took control of Cambodia, resulting in the abolition of currency and economic collapse.

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.

11/07/1951: Introduction of the Riel

The Riel was established as the official currency of Cambodia, replacing the French Indochinese Piastre.
KHR MWK July 2023
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