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

Euro malawian kwacha history for October 2023. The highest quote for this month is 1221.93 (11/10/2023) and the lowest 1221.8 (06/10/2023). The difference between high and low is 0.01.

EUR MWK average rate for October 2023 is 1193.6108, the change between 01/10/2023 and 31/10/2023 is -5.24 %.

01 October 2023	1 EUR = 1136.76 MWK
02 October 2023	1 EUR = 1140.60 MWK
03 October 2023	1 EUR = 1117.25 MWK
04 October 2023	1 EUR = 1133.62 MWK
05 October 2023	1 EUR = 1195.70 MWK
06 October 2023	1 EUR = 1215.31 MWK
09 October 2023	1 EUR = 1215.77 MWK
10 October 2023	1 EUR = 1220.79 MWK
11 October 2023	1 EUR = 1211.07 MWK
12 October 2023	1 EUR = 1205.86 MWK
13 October 2023	1 EUR = 1199.08 MWK
16 October 2023	1 EUR = 1216.43 MWK
17 October 2023	1 EUR = 1200.03 MWK
18 October 2023	1 EUR = 1208.50 MWK
19 October 2023	1 EUR = 1212.25 MWK
20 October 2023	1 EUR = 1203.68 MWK
22 October 2023	1 EUR = 1211.68 MWK
23 October 2023	1 EUR = 1217.93 MWK
24 October 2023	1 EUR = 1215.30 MWK
25 October 2023	1 EUR = 1195.16 MWK
26 October 2023	1 EUR = 1184.59 MWK
27 October 2023	1 EUR = 1184.28 MWK
29 October 2023	1 EUR = 1202.46 MWK
30 October 2023	1 EUR = 1199.86 MWK
31 October 2023	1 EUR = 1196.31 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