Historic Iranian Rial Malawian kwacha

Iranian Rial malawian kwacha history for January 2024. The highest quote for this month is 210.32 (03/01/2024) and the lowest 209.77 (03/01/2024). The difference between high and low is 0.26.

IRR MWK average rate for January 2024 is 0.03978, the change between 01/01/2024 and 31/01/2024 is +1.01 %.

01 January 20241 IRR = 0.0401 MWK
02 January 20241 IRR = 0.0401 MWK
03 January 20241 IRR = 0.0396 MWK
04 January 20241 IRR = 0.0396 MWK
05 January 20241 IRR = 0.0396 MWK
06 January 20241 IRR = 0.0397 MWK
07 January 20241 IRR = 0.0397 MWK
08 January 20241 IRR = 0.0399 MWK
09 January 20241 IRR = 0.0397 MWK
10 January 20241 IRR = 0.0400 MWK
11 January 20241 IRR = 0.0397 MWK
12 January 20241 IRR = 0.0400 MWK
14 January 20241 IRR = 0.0397 MWK
15 January 20241 IRR = 0.0399 MWK
16 January 20241 IRR = 0.0400 MWK
17 January 20241 IRR = 0.0400 MWK
18 January 20241 IRR = 0.0396 MWK
19 January 20241 IRR = 0.0396 MWK
22 January 20241 IRR = 0.0400 MWK
23 January 20241 IRR = 0.0396 MWK
24 January 20241 IRR = 0.0396 MWK
25 January 20241 IRR = 0.0396 MWK
26 January 20241 IRR = 0.0396 MWK
28 January 20241 IRR = 0.0397 MWK
29 January 20241 IRR = 0.0400 MWK
30 January 20241 IRR = 0.0396 MWK
31 January 20241 IRR = 0.0397 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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
IRR MWK January 2024
IRR MWK February 2024
IRR MWK March 2024
IRR MWK April 2024
IRR MWK May 2024
IRR MWK June 2024
IRR MWK July 2024
IRR MWK August 2024
IRR MWK September 2024
IRR MWK October 2024
IRR MWK November 2024
IRR MWK December 2024
IRR MWK January 2025