Euro malawian kwacha exchange rate history (EUR MWK) December 2023

Euro malawian kwacha history for December 2023. The highest quote for this month is 1861.99 (29/12/2023) and the lowest 1862.36 (29/12/2023). The difference between high and low is -0.02.

EUR MWK average rate for December 2023 is 1824.4632, the change between 01/12/2023 and 31/12/2023 is -0.78 %.

01 December 2023	1 EUR = 1829.67 MWK
03 December 2023	1 EUR = 1813.44 MWK
04 December 2023	1 EUR = 1830.07 MWK
05 December 2023	1 EUR = 1808.82 MWK
06 December 2023	1 EUR = 1790.67 MWK
07 December 2023	1 EUR = 1810.80 MWK
08 December 2023	1 EUR = 1790.42 MWK
10 December 2023	1 EUR = 1794.34 MWK
11 December 2023	1 EUR = 1811.27 MWK
12 December 2023	1 EUR = 1794.79 MWK
13 December 2023	1 EUR = 1813.81 MWK
14 December 2023	1 EUR = 1816.90 MWK
15 December 2023	1 EUR = 1834.83 MWK
17 December 2023	1 EUR = 1816.40 MWK
18 December 2023	1 EUR = 1840.00 MWK
19 December 2023	1 EUR = 1834.68 MWK
20 December 2023	1 EUR = 1829.44 MWK
21 December 2023	1 EUR = 1842.60 MWK
22 December 2023	1 EUR = 1832.53 MWK
24 December 2023	1 EUR = 1836.62 MWK
25 December 2023	1 EUR = 1854.16 MWK
26 December 2023	1 EUR = 1853.10 MWK
27 December 2023	1 EUR = 1837.56 MWK
28 December 2023	1 EUR = 1850.70 MWK
29 December 2023	1 EUR = 1843.96 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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

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.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

10/04/2000: Introduction of New Kwacha Banknotes

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

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

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.

Historic Euro Malawian kwacha