Historic Euro Malawian kwacha

Euro malawian kwacha history for January 2024. The highest quote for this month is 1860.68 (01/01/2024) and the lowest 1861.93 (01/01/2024). The difference between high and low is -0.07.

EUR MWK average rate for January 2024 is 1824.37538, the change between 01/01/2024 and 31/01/2024 is +2.91 %.

01 January 20241 EUR = 1860.66 MWK
02 January 20241 EUR = 1859.46 MWK
03 January 20241 EUR = 1820.71 MWK
04 January 20241 EUR = 1818.38 MWK
05 January 20241 EUR = 1823.83 MWK
07 January 20241 EUR = 1824.36 MWK
08 January 20241 EUR = 1832.84 MWK
09 January 20241 EUR = 1824.55 MWK
10 January 20241 EUR = 1835.68 MWK
11 January 20241 EUR = 1828.46 MWK
12 January 20241 EUR = 1844.86 MWK
14 January 20241 EUR = 1825.76 MWK
15 January 20241 EUR = 1835.98 MWK
16 January 20241 EUR = 1836.79 MWK
17 January 20241 EUR = 1829.82 MWK
18 January 20241 EUR = 1811.39 MWK
19 January 20241 EUR = 1810.29 MWK
22 January 20241 EUR = 1828.21 MWK
23 January 20241 EUR = 1812.64 MWK
24 January 20241 EUR = 1806.75 MWK
25 January 20241 EUR = 1812.90 MWK
26 January 20241 EUR = 1806.03 MWK
28 January 20241 EUR = 1808.91 MWK
29 January 20241 EUR = 1822.97 MWK
30 January 20241 EUR = 1805.02 MWK
31 January 20241 EUR = 1806.51 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.
EUR MWK July 2023
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