Iraqi dinar malawian kwacha exchange rate history (IQD MWK) December 2023

Iraqi dinar malawian kwacha history for December 2023. The highest quote for this month is 1.3108 (11/12/2023) and the lowest 1.3107 (18/12/2023). The difference between high and low is 0.01.

IQD MWK average rate for December 2023 is 1.2857, the change between 01/12/2023 and 31/12/2023 is +2.82 %.

01 December 2023	1 IQD = 1.311 MWK
02 December 2023	1 IQD = 1.274 MWK
03 December 2023	1 IQD = 1.274 MWK
04 December 2023	1 IQD = 1.310 MWK
05 December 2023	1 IQD = 1.276 MWK
06 December 2023	1 IQD = 1.268 MWK
07 December 2023	1 IQD = 1.311 MWK
08 December 2023	1 IQD = 1.268 MWK
10 December 2023	1 IQD = 1.273 MWK
11 December 2023	1 IQD = 1.311 MWK
12 December 2023	1 IQD = 1.274 MWK
13 December 2023	1 IQD = 1.310 MWK
14 December 2023	1 IQD = 1.276 MWK
15 December 2023	1 IQD = 1.276 MWK
16 December 2023	1 IQD = 1.274 MWK
17 December 2023	1 IQD = 1.274 MWK
18 December 2023	1 IQD = 1.310 MWK
19 December 2023	1 IQD = 1.311 MWK
20 December 2023	1 IQD = 1.274 MWK
21 December 2023	1 IQD = 1.287 MWK
22 December 2023	1 IQD = 1.273 MWK
23 December 2023	1 IQD = 1.273 MWK
24 December 2023	1 IQD = 1.273 MWK
25 December 2023	1 IQD = 1.309 MWK
26 December 2023	1 IQD = 1.309 MWK
27 December 2023	1 IQD = 1.272 MWK
28 December 2023	1 IQD = 1.274 MWK
29 December 2023	1 IQD = 1.274 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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Iraqi dinar Malawian kwacha