Historic Salvadoran Colón Malawian kwacha

Salvadoran Colón malawian kwacha history for January 2024. The highest quote for this month is 196.94 (30/01/2024) and the lowest 196.96 (29/01/2024). The difference between high and low is -0.01.

SVC MWK average rate for January 2024 is 195.15444, the change between 01/01/2024 and 31/01/2024 is +0.76 %.

01 January 20241 SVC = 196.9 MWK
02 January 20241 SVC = 196.9 MWK
03 January 20241 SVC = 195.0 MWK
04 January 20241 SVC = 195.2 MWK
05 January 20241 SVC = 195.3 MWK
06 January 20241 SVC = 190.5 MWK
07 January 20241 SVC = 190.5 MWK
08 January 20241 SVC = 196.9 MWK
09 January 20241 SVC = 195.4 MWK
10 January 20241 SVC = 196.9 MWK
11 January 20241 SVC = 195.3 MWK
12 January 20241 SVC = 196.9 MWK
14 January 20241 SVC = 190.5 MWK
15 January 20241 SVC = 196.9 MWK
16 January 20241 SVC = 196.9 MWK
17 January 20241 SVC = 196.9 MWK
18 January 20241 SVC = 195.1 MWK
19 January 20241 SVC = 195.1 MWK
22 January 20241 SVC = 196.9 MWK
23 January 20241 SVC = 195.4 MWK
24 January 20241 SVC = 195.2 MWK
25 January 20241 SVC = 195.4 MWK
26 January 20241 SVC = 195.1 MWK
28 January 20241 SVC = 190.5 MWK
29 January 20241 SVC = 196.9 MWK
30 January 20241 SVC = 195.5 MWK
31 January 20241 SVC = 195.4 MWK

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.

14/06/1994: 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.

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.