Historic Cambodian Riel Malawian kwacha

Cambodian Riel malawian kwacha history for January 2024. The highest quote for this month is 0.42162 (24/01/2024) and the lowest 0.42137 (24/01/2024). The difference between high and low is 0.06.

KHR MWK average rate for January 2024 is 0.41291, the change between 01/01/2024 and 31/01/2024 is +2.65 %.

01 January 20241 KHR = 0.4205 MWK
02 January 20241 KHR = 0.4205 MWK
03 January 20241 KHR = 0.4089 MWK
04 January 20241 KHR = 0.4089 MWK
05 January 20241 KHR = 0.4080 MWK
06 January 20241 KHR = 0.4079 MWK
07 January 20241 KHR = 0.4079 MWK
08 January 20241 KHR = 0.4198 MWK
09 January 20241 KHR = 0.4078 MWK
10 January 20241 KHR = 0.4193 MWK
11 January 20241 KHR = 0.4085 MWK
12 January 20241 KHR = 0.4123 MWK
14 January 20241 KHR = 0.4094 MWK
15 January 20241 KHR = 0.4207 MWK
16 January 20241 KHR = 0.4210 MWK
17 January 20241 KHR = 0.4211 MWK
18 January 20241 KHR = 0.4089 MWK
19 January 20241 KHR = 0.4093 MWK
22 January 20241 KHR = 0.4216 MWK
23 January 20241 KHR = 0.4097 MWK
24 January 20241 KHR = 0.4091 MWK
25 January 20241 KHR = 0.4096 MWK
26 January 20241 KHR = 0.4090 MWK
28 January 20241 KHR = 0.4094 MWK
29 January 20241 KHR = 0.4211 MWK
30 January 20241 KHR = 0.4092 MWK
31 January 20241 KHR = 0.4093 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.