Historic Egyptian Pound Malawian kwacha

Egyptian Pound malawian kwacha history for January 2024. The highest quote for this month is 54.637 (26/01/2024) and the lowest 54.631 (16/01/2024). The difference between high and low is 0.01.

EGP MWK average rate for January 2024 is 54.151, the change between 01/01/2024 and 31/01/2024 is +1.07 %.

01 January 20241 EGP = 54.48 MWK
02 January 20241 EGP = 54.33 MWK
03 January 20241 EGP = 53.86 MWK
04 January 20241 EGP = 53.85 MWK
05 January 20241 EGP = 54.16 MWK
06 January 20241 EGP = 54.20 MWK
07 January 20241 EGP = 54.20 MWK
08 January 20241 EGP = 54.77 MWK
09 January 20241 EGP = 53.96 MWK
10 January 20241 EGP = 54.39 MWK
11 January 20241 EGP = 53.98 MWK
12 January 20241 EGP = 54.41 MWK
14 January 20241 EGP = 54.03 MWK
15 January 20241 EGP = 54.30 MWK
16 January 20241 EGP = 54.28 MWK
17 January 20241 EGP = 54.48 MWK
18 January 20241 EGP = 53.91 MWK
19 January 20241 EGP = 53.92 MWK
22 January 20241 EGP = 54.59 MWK
23 January 20241 EGP = 53.96 MWK
24 January 20241 EGP = 53.90 MWK
25 January 20241 EGP = 53.96 MWK
26 January 20241 EGP = 53.93 MWK
28 January 20241 EGP = 53.91 MWK
29 January 20241 EGP = 54.49 MWK
30 January 20241 EGP = 53.96 MWK
31 January 20241 EGP = 53.89 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 July 2023
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EGP MWK September 2023
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EGP MWK January 2024
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