Historic Macedonian Denar Malawian kwacha

Macedonian Denar malawian kwacha history for February 2024. The highest quote for this month is 30.033 (01/02/2024) and the lowest 30.056 (27/02/2024). The difference between high and low is -0.08.

MKD MWK average rate for February 2024 is 29.50248, the change between 01/02/2024 and 29/02/2024 is -0.97 %.

01 February 20241 MKD = 29.42 MWK
02 February 20241 MKD = 29.62 MWK
03 February 20241 MKD = 29.37 MWK
04 February 20241 MKD = 29.37 MWK
05 February 20241 MKD = 30.21 MWK
06 February 20241 MKD = 29.58 MWK
07 February 20241 MKD = 29.29 MWK
08 February 20241 MKD = 29.39 MWK
09 February 20241 MKD = 29.36 MWK
12 February 20241 MKD = 29.85 MWK
13 February 20241 MKD = 29.38 MWK
14 February 20241 MKD = 29.17 MWK
15 February 20241 MKD = 29.27 MWK
16 February 20241 MKD = 29.34 MWK
17 February 20241 MKD = 29.23 MWK
18 February 20241 MKD = 29.23 MWK
19 February 20241 MKD = 29.60 MWK
20 February 20241 MKD = 29.60 MWK
21 February 20241 MKD = 29.67 MWK
22 February 20241 MKD = 29.47 MWK
23 February 20241 MKD = 29.47 MWK
24 February 20241 MKD = 29.34 MWK
25 February 20241 MKD = 29.34 MWK
26 February 20241 MKD = 30.00 MWK
27 February 20241 MKD = 29.79 MWK
28 February 20241 MKD = 29.54 MWK
29 February 20241 MKD = 29.70 MWK

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

10/04/2000: Introduction of New Kwacha Banknotes

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

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

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.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.