Historic Ghana Cedi Malawian kwacha

Ghana Cedi malawian kwacha history for January 2024. The highest quote for this month is 140.84 (03/01/2024) and the lowest 141.24 (04/01/2024). The difference between high and low is -0.28.

GHS MWK average rate for January 2024 is 139.25889, the change between 01/01/2024 and 31/01/2024 is +3.78 %.

01 January 20241 GHS = 140.7 MWK
02 January 20241 GHS = 140.7 MWK
03 January 20241 GHS = 139.8 MWK
04 January 20241 GHS = 139.8 MWK
05 January 20241 GHS = 140.0 MWK
06 January 20241 GHS = 140.3 MWK
07 January 20241 GHS = 140.3 MWK
08 January 20241 GHS = 140.8 MWK
09 January 20241 GHS = 140.0 MWK
10 January 20241 GHS = 141.3 MWK
11 January 20241 GHS = 140.0 MWK
12 January 20241 GHS = 140.9 MWK
14 January 20241 GHS = 139.9 MWK
15 January 20241 GHS = 140.6 MWK
16 January 20241 GHS = 140.2 MWK
17 January 20241 GHS = 140.2 MWK
18 January 20241 GHS = 139.6 MWK
19 January 20241 GHS = 139.3 MWK
22 January 20241 GHS = 139.1 MWK
23 January 20241 GHS = 138.8 MWK
24 January 20241 GHS = 138.9 MWK
25 January 20241 GHS = 137.7 MWK
26 January 20241 GHS = 137.6 MWK
28 January 20241 GHS = 136.6 MWK
29 January 20241 GHS = 136.0 MWK
30 January 20241 GHS = 135.5 MWK
31 January 20241 GHS = 135.3 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.

16/09/2019: Ghana Goes Cashless

The government launched the Ghana.Gov payment platform, aimed at promoting electronic payments and reducing cash transactions.

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.

05/07/2012: GHS Symbol Change

The Bank of Ghana introduced a new currency symbol for the cedi, changing it from GHȼ to GHS.

03/07/2007: Decimals Dropped

The Bank of Ghana dropped four decimal places, making 1 new Ghanaian cedi = 1 GHȼ.

01/07/2002: Replacement of New Cedi

The new Ghanaian cedi, denoted as GHC, replaced the second cedi at a rate of 1 cedi = 10,000 cedis.

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.

17/07/1978: Second Cedi Introduced

Due to high inflation, the second Ghanaian cedi was introduced with a new currency code, GHS.

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.

19/07/1965: Cedi Introduced

The Ghanaian pound was replaced by the Ghanaian cedi at a rate of 1 pound = 2.4 cedis, symbolizing economic independence.

06/03/1957: Ghana's Independence

Ghana gained independence from British colonial rule, leading to the introduction of the Ghanaian pound as its currency.
GHS MWK July 2023
GHS MWK August 2023
GHS MWK September 2023
GHS MWK October 2023
GHS MWK November 2023
GHS MWK December 2023
GHS MWK January 2024
GHS MWK February 2024
GHS MWK March 2024
GHS MWK April 2024
GHS MWK May 2024
GHS MWK June 2024
GHS MWK July 2024