Danish Krone malawian kwacha exchange rate history (DKK MWK) October 2023

Danish Krone malawian kwacha history for October 2023. The highest quote for this month is 163.86 (11/10/2023) and the lowest 163.87 (06/10/2023). The difference between high and low is -0.01.

DKK MWK average rate for October 2023 is 160.13333, the change between 01/10/2023 and 31/10/2023 is -5.08 %.

01 October 2023	1 DKK = 152.5 MWK
02 October 2023	1 DKK = 153.0 MWK
03 October 2023	1 DKK = 149.8 MWK
04 October 2023	1 DKK = 152.0 MWK
05 October 2023	1 DKK = 160.4 MWK
06 October 2023	1 DKK = 163.0 MWK
09 October 2023	1 DKK = 163.1 MWK
10 October 2023	1 DKK = 163.7 MWK
11 October 2023	1 DKK = 162.4 MWK
12 October 2023	1 DKK = 161.7 MWK
13 October 2023	1 DKK = 160.8 MWK
16 October 2023	1 DKK = 163.1 MWK
17 October 2023	1 DKK = 160.9 MWK
18 October 2023	1 DKK = 162.0 MWK
19 October 2023	1 DKK = 162.5 MWK
20 October 2023	1 DKK = 161.3 MWK
21 October 2023	1 DKK = 162.5 MWK
22 October 2023	1 DKK = 162.4 MWK
23 October 2023	1 DKK = 163.2 MWK
24 October 2023	1 DKK = 162.8 MWK
25 October 2023	1 DKK = 160.1 MWK
26 October 2023	1 DKK = 158.7 MWK
27 October 2023	1 DKK = 158.7 MWK
28 October 2023	1 DKK = 161.1 MWK
29 October 2023	1 DKK = 161.1 MWK
30 October 2023	1 DKK = 160.8 MWK
31 October 2023	1 DKK = 160.3 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.

Historic Danish Krone Malawian kwacha