Historic Czech koruna Malawian kwacha

Czech koruna malawian kwacha history for February 2024. The highest quote for this month is 72.936 (01/02/2024) and the lowest 73.049 (02/02/2024). The difference between high and low is -0.15.

CZK MWK average rate for February 2024 is 71.5567, the change between 01/02/2024 and 29/02/2024 is +0.85 %.

01 February 20241 CZK = 72.51 MWK
02 February 20241 CZK = 72.98 MWK
03 February 20241 CZK = 72.12 MWK
04 February 20241 CZK = 72.23 MWK
05 February 20241 CZK = 73.29 MWK
06 February 20241 CZK = 72.52 MWK
07 February 20241 CZK = 71.98 MWK
08 February 20241 CZK = 72.00 MWK
09 February 20241 CZK = 71.19 MWK
12 February 20241 CZK = 71.84 MWK
13 February 20241 CZK = 71.18 MWK
14 February 20241 CZK = 70.48 MWK
15 February 20241 CZK = 70.47 MWK
16 February 20241 CZK = 70.87 MWK
17 February 20241 CZK = 70.58 MWK
18 February 20241 CZK = 70.68 MWK
19 February 20241 CZK = 71.25 MWK
20 February 20241 CZK = 71.10 MWK
21 February 20241 CZK = 71.03 MWK
22 February 20241 CZK = 71.27 MWK
23 February 20241 CZK = 71.18 MWK
24 February 20241 CZK = 71.14 MWK
25 February 20241 CZK = 71.32 MWK
26 February 20241 CZK = 71.68 MWK
27 February 20241 CZK = 71.88 MWK
28 February 20241 CZK = 71.38 MWK
29 February 20241 CZK = 71.89 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.