Historic Israeli Sheqel Malawian kwacha

Israeli Sheqel malawian kwacha history for September 2023. The highest quote for this month is 292.27 (20/09/2023) and the lowest 291.1 (19/09/2023). The difference between high and low is 0.4.

ILS MWK average rate for September 2023 is 281.6087, the change between 01/09/2023 and 30/09/2023 is -0.23 %.

01 September 20231 ILS = 282.0 MWK
04 September 20231 ILS = 282.0 MWK
05 September 20231 ILS = 279.0 MWK
06 September 20231 ILS = 277.8 MWK
07 September 20231 ILS = 270.9 MWK
08 September 20231 ILS = 277.7 MWK
12 September 20231 ILS = 287.4 MWK
13 September 20231 ILS = 284.8 MWK
14 September 20231 ILS = 283.5 MWK
15 September 20231 ILS = 279.2 MWK
18 September 20231 ILS = 282.6 MWK
19 September 20231 ILS = 286.8 MWK
20 September 20231 ILS = 285.1 MWK
21 September 20231 ILS = 286.4 MWK
22 September 20231 ILS = 282.4 MWK
23 September 20231 ILS = 283.3 MWK
24 September 20231 ILS = 283.3 MWK
25 September 20231 ILS = 282.6 MWK
26 September 20231 ILS = 280.4 MWK
27 September 20231 ILS = 281.6 MWK
28 September 20231 ILS = 277.9 MWK
29 September 20231 ILS = 277.8 MWK
30 September 20231 ILS = 282.6 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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of 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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.