Historic Czech koruna Malawian kwacha

Czech koruna malawian kwacha history for December 2023. The highest quote for this month is 75.448 (26/12/2023) and the lowest 76.144 (25/12/2023). The difference between high and low is -0.92.

CZK MWK average rate for December 2023 is 74.6725, the change between 01/12/2023 and 31/12/2023 is +0.79 %.

01 December 20231 CZK = 75.32 MWK
02 December 20231 CZK = 74.83 MWK
03 December 20231 CZK = 74.85 MWK
04 December 20231 CZK = 75.40 MWK
05 December 20231 CZK = 74.15 MWK
06 December 20231 CZK = 73.60 MWK
07 December 20231 CZK = 74.58 MWK
08 December 20231 CZK = 73.78 MWK
10 December 20231 CZK = 73.88 MWK
11 December 20231 CZK = 74.50 MWK
12 December 20231 CZK = 73.62 MWK
13 December 20231 CZK = 74.10 MWK
14 December 20231 CZK = 74.41 MWK
15 December 20231 CZK = 75.26 MWK
16 December 20231 CZK = 74.30 MWK
17 December 20231 CZK = 74.31 MWK
18 December 20231 CZK = 75.21 MWK
19 December 20231 CZK = 74.92 MWK
20 December 20231 CZK = 74.66 MWK
21 December 20231 CZK = 75.29 MWK
22 December 20231 CZK = 74.62 MWK
23 December 20231 CZK = 74.78 MWK
24 December 20231 CZK = 74.74 MWK
25 December 20231 CZK = 75.42 MWK
26 December 20231 CZK = 75.60 MWK
27 December 20231 CZK = 74.97 MWK
28 December 20231 CZK = 75.02 MWK
29 December 20231 CZK = 74.73 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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.