Egyptian Pound malawian kwacha exchange rate history (EGP MWK) October 2023

Egyptian Pound malawian kwacha history for October 2023. The highest quote for this month is 37.723 (03/10/2023) and the lowest 37.693 (09/10/2023). The difference between high and low is 0.08.

EGP MWK average rate for October 2023 is 36.66696, the change between 01/10/2023 and 31/10/2023 is -4.67 %.

01 October 2023	1 EGP = 34.88 MWK
02 October 2023	1 EGP = 34.82 MWK
03 October 2023	1 EGP = 34.50 MWK
04 October 2023	1 EGP = 35.04 MWK
05 October 2023	1 EGP = 36.98 MWK
06 October 2023	1 EGP = 37.45 MWK
07 October 2023	1 EGP = 37.55 MWK
09 October 2023	1 EGP = 37.43 MWK
10 October 2023	1 EGP = 37.39 MWK
11 October 2023	1 EGP = 36.99 MWK
12 October 2023	1 EGP = 36.74 MWK
13 October 2023	1 EGP = 36.87 MWK
16 October 2023	1 EGP = 37.50 MWK
17 October 2023	1 EGP = 36.80 MWK
18 October 2023	1 EGP = 37.02 MWK
19 October 2023	1 EGP = 37.24 MWK
20 October 2023	1 EGP = 36.83 MWK
21 October 2023	1 EGP = 37.08 MWK
22 October 2023	1 EGP = 37.08 MWK
23 October 2023	1 EGP = 37.25 MWK
24 October 2023	1 EGP = 36.90 MWK
25 October 2023	1 EGP = 36.51 MWK
26 October 2023	1 EGP = 36.32 MWK
27 October 2023	1 EGP = 36.31 MWK
28 October 2023	1 EGP = 36.87 MWK
29 October 2023	1 EGP = 36.87 MWK
30 October 2023	1 EGP = 36.96 MWK
31 October 2023	1 EGP = 36.51 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.

Historic Egyptian Pound Malawian kwacha