Historic Egyptian Pound Malawian kwacha

Egyptian Pound malawian kwacha history for February 2024. The highest quote for this month is 54.646 (14/02/2024) and the lowest 54.653 (19/02/2024). The difference between high and low is -0.01.

EGP MWK average rate for February 2024 is 54.1147, the change between 01/02/2024 and 29/02/2024 is -0.61 %.

01 February 20241 EGP = 53.90 MWK
02 February 20241 EGP = 53.98 MWK
03 February 20241 EGP = 54.03 MWK
04 February 20241 EGP = 54.03 MWK
05 February 20241 EGP = 54.58 MWK
06 February 20241 EGP = 54.47 MWK
07 February 20241 EGP = 53.96 MWK
08 February 20241 EGP = 53.98 MWK
09 February 20241 EGP = 53.97 MWK
12 February 20241 EGP = 54.69 MWK
13 February 20241 EGP = 53.97 MWK
14 February 20241 EGP = 53.95 MWK
15 February 20241 EGP = 53.97 MWK
16 February 20241 EGP = 53.97 MWK
17 February 20241 EGP = 54.03 MWK
18 February 20241 EGP = 54.03 MWK
19 February 20241 EGP = 54.64 MWK
20 February 20241 EGP = 54.40 MWK
21 February 20241 EGP = 53.90 MWK
22 February 20241 EGP = 53.95 MWK
23 February 20241 EGP = 53.96 MWK
24 February 20241 EGP = 54.03 MWK
25 February 20241 EGP = 53.85 MWK
26 February 20241 EGP = 54.36 MWK
27 February 20241 EGP = 54.33 MWK
28 February 20241 EGP = 53.96 MWK
29 February 20241 EGP = 54.23 MWK

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

10/04/2000: Introduction of New Kwacha Banknotes

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

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
EGP MWK January 2024
EGP MWK February 2024
EGP MWK March 2024
EGP MWK April 2024
EGP MWK May 2024
EGP MWK June 2024
EGP MWK July 2024
EGP MWK August 2024
EGP MWK September 2024
EGP MWK October 2024
EGP MWK November 2024
EGP MWK December 2024
EGP MWK January 2025