Historic Kenyan shilling Malawian kwacha

Kenyan shilling malawian kwacha history for February 2024. The highest quote for this month is 11.637 (20/02/2024) and the lowest 11.988 (19/02/2024). The difference between high and low is -3.02.

KES MWK average rate for February 2024 is 11.02422, the change between 01/02/2024 and 29/02/2024 is -10.8 %.

01 February 20241 KES = 10.43 MWK
02 February 20241 KES = 10.41 MWK
03 February 20241 KES = 10.42 MWK
04 February 20241 KES = 10.42 MWK
05 February 20241 KES = 10.43 MWK
06 February 20241 KES = 10.43 MWK
07 February 20241 KES = 10.41 MWK
08 February 20241 KES = 10.41 MWK
09 February 20241 KES = 10.48 MWK
12 February 20241 KES = 10.43 MWK
13 February 20241 KES = 10.48 MWK
14 February 20241 KES = 10.51 MWK
15 February 20241 KES = 10.78 MWK
16 February 20241 KES = 11.14 MWK
17 February 20241 KES = 11.50 MWK
18 February 20241 KES = 11.50 MWK
19 February 20241 KES = 11.99 MWK
20 February 20241 KES = 11.62 MWK
21 February 20241 KES = 11.49 MWK
22 February 20241 KES = 11.49 MWK
23 February 20241 KES = 11.49 MWK
24 February 20241 KES = 11.50 MWK
25 February 20241 KES = 11.50 MWK
26 February 20241 KES = 11.82 MWK
27 February 20241 KES = 11.54 MWK
28 February 20241 KES = 11.49 MWK
29 February 20241 KES = 11.56 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.
KES MWK July 2023
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