Kenyan shilling malawian kwacha exchange rate history (KES MWK) December 2023

Kenyan shilling malawian kwacha history for December 2023. The highest quote for this month is 11.052 (05/12/2023) and the lowest 11.033 (04/12/2023). The difference between high and low is 0.17.

KES MWK average rate for December 2023 is 10.8905, the change between 01/12/2023 and 31/12/2023 is +3.21 %.

01 December 2023	1 KES = 11.03 MWK
02 December 2023	1 KES = 10.89 MWK
03 December 2023	1 KES = 10.89 MWK
04 December 2023	1 KES = 11.13 MWK
05 December 2023	1 KES = 10.96 MWK
06 December 2023	1 KES = 10.89 MWK
07 December 2023	1 KES = 11.04 MWK
08 December 2023	1 KES = 10.83 MWK
10 December 2023	1 KES = 10.87 MWK
11 December 2023	1 KES = 10.96 MWK
12 December 2023	1 KES = 10.94 MWK
13 December 2023	1 KES = 11.02 MWK
14 December 2023	1 KES = 10.96 MWK
15 December 2023	1 KES = 10.94 MWK
16 December 2023	1 KES = 10.86 MWK
17 December 2023	1 KES = 10.86 MWK
18 December 2023	1 KES = 10.96 MWK
19 December 2023	1 KES = 10.97 MWK
20 December 2023	1 KES = 10.85 MWK
21 December 2023	1 KES = 10.93 MWK
22 December 2023	1 KES = 10.76 MWK
23 December 2023	1 KES = 10.72 MWK
24 December 2023	1 KES = 10.72 MWK
25 December 2023	1 KES = 10.95 MWK
26 December 2023	1 KES = 10.92 MWK
27 December 2023	1 KES = 10.74 MWK
28 December 2023	1 KES = 10.68 MWK
29 December 2023	1 KES = 10.68 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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

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.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

10/04/2000: Introduction of New Kwacha Banknotes

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

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

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.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

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.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.

Historic Kenyan shilling Malawian kwacha