Historic Danish Krone Malawian kwacha

Danish Krone malawian kwacha history for February 2024. The highest quote for this month is 244.35 (23/02/2024) and the lowest 244.78 (27/02/2024). The difference between high and low is -0.18.

DKK MWK average rate for February 2024 is 241.89615, the change between 01/02/2024 and 29/02/2024 is -1.07 %.

01 February 20241 DKK = 241.2 MWK
02 February 20241 DKK = 243.1 MWK
03 February 20241 DKK = 241.3 MWK
04 February 20241 DKK = 241.3 MWK
05 February 20241 DKK = 245.2 MWK
06 February 20241 DKK = 242.2 MWK
07 February 20241 DKK = 240.3 MWK
08 February 20241 DKK = 240.7 MWK
09 February 20241 DKK = 240.9 MWK
12 February 20241 DKK = 243.1 MWK
13 February 20241 DKK = 240.8 MWK
14 February 20241 DKK = 239.4 MWK
15 February 20241 DKK = 239.9 MWK
16 February 20241 DKK = 240.8 MWK
17 February 20241 DKK = 240.9 MWK
18 February 20241 DKK = 240.9 MWK
19 February 20241 DKK = 243.0 MWK
20 February 20241 DKK = 242.8 MWK
21 February 20241 DKK = 241.6 MWK
22 February 20241 DKK = 241.8 MWK
23 February 20241 DKK = 242.0 MWK
25 February 20241 DKK = 242.2 MWK
26 February 20241 DKK = 243.6 MWK
27 February 20241 DKK = 244.5 MWK
28 February 20241 DKK = 242.3 MWK
29 February 20241 DKK = 243.7 MWK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

10/04/2000: Introduction of New Kwacha Banknotes

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

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.
DKK MWK July 2023
DKK MWK August 2023
DKK MWK September 2023
DKK MWK October 2023
DKK MWK November 2023
DKK MWK December 2023
DKK MWK January 2024
DKK MWK February 2024
DKK MWK March 2024
DKK MWK April 2024
DKK MWK May 2024
DKK MWK June 2024
DKK MWK July 2024