Historic Kuwaiti Dinar Malawian kwacha

Kuwaiti Dinar malawian kwacha history for January 2024. The highest quote for this month is 5493.85 (01/01/2024) and the lowest 5490.86 (01/01/2024). The difference between high and low is 0.05.

KWD MWK average rate for January 2024 is 5440.13926, the change between 01/01/2024 and 31/01/2024 is +1.14 %.

01 January 20241 KWD = 5485.90 MWK
02 January 20241 KWD = 5490.86 MWK
03 January 20241 KWD = 5420.55 MWK
04 January 20241 KWD = 5419.84 MWK
05 January 20241 KWD = 5425.47 MWK
06 January 20241 KWD = 5418.52 MWK
07 January 20241 KWD = 5418.52 MWK
08 January 20241 KWD = 5455.53 MWK
09 January 20241 KWD = 5428.48 MWK
10 January 20241 KWD = 5469.62 MWK
11 January 20241 KWD = 5426.53 MWK
12 January 20241 KWD = 5475.54 MWK
14 January 20241 KWD = 5425.57 MWK
15 January 20241 KWD = 5466.71 MWK
16 January 20241 KWD = 5468.94 MWK
17 January 20241 KWD = 5474.56 MWK
18 January 20241 KWD = 5412.79 MWK
19 January 20241 KWD = 5414.38 MWK
22 January 20241 KWD = 5461.38 MWK
23 January 20241 KWD = 5422.65 MWK
24 January 20241 KWD = 5416.67 MWK
25 January 20241 KWD = 5424.24 MWK
26 January 20241 KWD = 5420.27 MWK
28 January 20241 KWD = 5418.51 MWK
29 January 20241 KWD = 5473.96 MWK
30 January 20241 KWD = 5424.24 MWK
31 January 20241 KWD = 5423.53 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
KWD MWK March 2024
KWD MWK April 2024
KWD MWK May 2024
KWD MWK June 2024
KWD MWK July 2024
KWD MWK August 2024
KWD MWK September 2024
KWD MWK October 2024
KWD MWK November 2024
KWD MWK December 2024
KWD MWK January 2025