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

Euro malawian kwacha history for November 2023. The highest quote for this month is 1841.66 (27/11/2023) and the lowest 1844.99 (27/11/2023). The difference between high and low is -0.18.

EUR MWK average rate for November 2023 is 1609.67542, the change between 01/11/2023 and 30/11/2023 is -53.43 %.

01 November 2023	1 EUR = 1192.26 MWK
02 November 2023	1 EUR = 1200.57 MWK
03 November 2023	1 EUR = 1189.55 MWK
06 November 2023	1 EUR = 1194.48 MWK
07 November 2023	1 EUR = 1184.73 MWK
08 November 2023	1 EUR = 1181.92 MWK
09 November 2023	1 EUR = 1184.57 MWK
10 November 2023	1 EUR = 1172.37 MWK
13 November 2023	1 EUR = 1789.06 MWK
14 November 2023	1 EUR = 1799.16 MWK
15 November 2023	1 EUR = 1831.36 MWK
16 November 2023	1 EUR = 1807.29 MWK
17 November 2023	1 EUR = 1807.15 MWK
19 November 2023	1 EUR = 1818.97 MWK
20 November 2023	1 EUR = 1823.12 MWK
21 November 2023	1 EUR = 1826.88 MWK
22 November 2023	1 EUR = 1822.25 MWK
23 November 2023	1 EUR = 1828.28 MWK
24 November 2023	1 EUR = 1833.18 MWK
26 November 2023	1 EUR = 1822.96 MWK
27 November 2023	1 EUR = 1831.62 MWK
28 November 2023	1 EUR = 1826.47 MWK
29 November 2023	1 EUR = 1834.69 MWK
30 November 2023	1 EUR = 1829.32 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