Czech koruna malawian kwacha exchange rate history (CZK MWK) October 2023

Czech koruna malawian kwacha history for October 2023. The highest quote for this month is 49.76 (11/10/2023) and the lowest 49.995 (06/10/2023). The difference between high and low is -0.47.

CZK MWK average rate for October 2023 is 48.70707, the change between 01/10/2023 and 31/10/2023 is -4.46 %.

01 October 2023	1 CZK = 46.70 MWK
02 October 2023	1 CZK = 46.83 MWK
03 October 2023	1 CZK = 45.77 MWK
04 October 2023	1 CZK = 46.26 MWK
05 October 2023	1 CZK = 49.07 MWK
06 October 2023	1 CZK = 49.78 MWK
07 October 2023	1 CZK = 50.04 MWK
09 October 2023	1 CZK = 49.70 MWK
10 October 2023	1 CZK = 49.96 MWK
11 October 2023	1 CZK = 49.44 MWK
12 October 2023	1 CZK = 49.19 MWK
13 October 2023	1 CZK = 48.67 MWK
16 October 2023	1 CZK = 49.30 MWK
17 October 2023	1 CZK = 48.71 MWK
18 October 2023	1 CZK = 49.06 MWK
19 October 2023	1 CZK = 49.15 MWK
20 October 2023	1 CZK = 48.86 MWK
21 October 2023	1 CZK = 49.33 MWK
22 October 2023	1 CZK = 49.23 MWK
23 October 2023	1 CZK = 49.51 MWK
24 October 2023	1 CZK = 49.42 MWK
25 October 2023	1 CZK = 48.62 MWK
26 October 2023	1 CZK = 48.01 MWK
27 October 2023	1 CZK = 48.08 MWK
28 October 2023	1 CZK = 48.82 MWK
29 October 2023	1 CZK = 48.75 MWK
30 October 2023	1 CZK = 48.73 MWK
31 October 2023	1 CZK = 48.78 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.

Historic Czech koruna Malawian kwacha