Historic Kuwaiti Dinar Malawian kwacha

Kuwaiti Dinar malawian kwacha history for February 2024. The highest quote for this month is 5519.54 (05/02/2024) and the lowest 5470.23 (13/02/2024). The difference between high and low is 0.89.

KWD MWK average rate for February 2024 is 5434.67, the change between 01/02/2024 and 29/02/2024 is -0.68 %.

01 February 20241 KWD = 5419.84 MWK
02 February 20241 KWD = 5426.36 MWK
03 February 20241 KWD = 5425.56 MWK
04 February 20241 KWD = 5425.56 MWK
05 February 20241 KWD = 5519.58 MWK
06 February 20241 KWD = 5471.64 MWK
07 February 20241 KWD = 5421.06 MWK
08 February 20241 KWD = 5419.82 MWK
09 February 20241 KWD = 5418.06 MWK
12 February 20241 KWD = 5458.52 MWK
13 February 20241 KWD = 5419.65 MWK
14 February 20241 KWD = 5414.54 MWK
15 February 20241 KWD = 5413.66 MWK
16 February 20241 KWD = 5418.59 MWK
17 February 20241 KWD = 5411.47 MWK
18 February 20241 KWD = 5411.47 MWK
19 February 20241 KWD = 5463.28 MWK
20 February 20241 KWD = 5462.07 MWK
21 February 20241 KWD = 5421.77 MWK
22 February 20241 KWD = 5422.82 MWK
23 February 20241 KWD = 5421.77 MWK
24 February 20241 KWD = 5420.27 MWK
25 February 20241 KWD = 5420.27 MWK
26 February 20241 KWD = 5462.24 MWK
27 February 20241 KWD = 5466.10 MWK
28 February 20241 KWD = 5423.35 MWK
29 February 20241 KWD = 5456.77 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.

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.

20/05/2007: Kuwaiti Dinar Redenominated

The Kuwaiti Dinar underwent a redenomination, with the introduction of new banknotes and removal of three zeros from the currency.

20/03/2003: US Invasion of Iraq

The United States and its allies invaded Iraq, leading to a period of uncertainty and affecting the value of the Kuwaiti 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.

25/03/1991: Kuwait Liberated

Coalition forces led by the United States liberated Kuwait from Iraqi occupation, restoring stability to the country and its currency.

02/08/1990: Iraqi Invasion of Kuwait

Iraqi forces invaded Kuwait, leading to the Gulf War and causing a significant decline in the value of the Kuwaiti Dinar.

16/09/1980: Iraq-Iran War Begins

The Iraq-Iran War started, leading to economic instability in the region and affecting the value of the Kuwaiti 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.

20/10/1975: Kuwait Dinar Pegged to Special Drawing Rights (SDR)

Kuwait pegged its currency to a basket of international currencies known as Special Drawing Rights (SDR) instead of the US Dollar.

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.

02/01/1961: Kuwaiti Dinar Introduced

The Kuwaiti Dinar (KWD) was officially introduced as the currency of Kuwait, replacing the Gulf Rupee.
KWD MWK January 2024
KWD MWK February 2024
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KWD MWK January 2025