Historic Malawian kwacha Czech koruna

Malawian kwacha czech koruna history for January 2024. The highest quote for this month is 0.01369 (30/01/2024) and the lowest 0.013693 (30/01/2024). The difference between high and low is -0.02.

MWK CZK average rate for January 2024 is 0.01353, the change between 01/01/2024 and 31/01/2024 is -3.27 %.

01 January 20241 MWK = 0.0133 CZK
02 January 20241 MWK = 0.0133 CZK
03 January 20241 MWK = 0.0135 CZK
04 January 20241 MWK = 0.0136 CZK
05 January 20241 MWK = 0.0135 CZK
06 January 20241 MWK = 0.0135 CZK
07 January 20241 MWK = 0.0135 CZK
08 January 20241 MWK = 0.0134 CZK
09 January 20241 MWK = 0.0134 CZK
10 January 20241 MWK = 0.0134 CZK
11 January 20241 MWK = 0.0134 CZK
12 January 20241 MWK = 0.0134 CZK
14 January 20241 MWK = 0.0135 CZK
15 January 20241 MWK = 0.0134 CZK
16 January 20241 MWK = 0.0134 CZK
17 January 20241 MWK = 0.0135 CZK
18 January 20241 MWK = 0.0136 CZK
19 January 20241 MWK = 0.0137 CZK
22 January 20241 MWK = 0.0136 CZK
23 January 20241 MWK = 0.0137 CZK
24 January 20241 MWK = 0.0138 CZK
25 January 20241 MWK = 0.0137 CZK
26 January 20241 MWK = 0.0137 CZK
28 January 20241 MWK = 0.0137 CZK
29 January 20241 MWK = 0.0136 CZK
30 January 20241 MWK = 0.0137 CZK
31 January 20241 MWK = 0.0137 CZK

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.

05/04/2016: End of currency intervention

The Czech National Bank ended its currency intervention policy, allowing the koruna to float freely and be determined by market forces.

06/11/2013: Currency intervention

The Czech National Bank implemented a currency intervention policy to weaken the koruna and stimulate the country's economy.

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.

09/10/2008: Global financial crisis impact

The koruna experienced significant depreciation during the global financial crisis, reflecting the economic challenges faced by the Czech Republic.

30/04/2007: EU membership benefits

The Czech Republic became a member of the European Union's economic and monetary union, allowing for greater stability and cooperation for the koruna.

30/04/2004: EU Accession

The Czech Republic joined the European Union, paving the way for further integration of the koruna with European monetary policies.

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.

30/06/1993: Currency conversion

The Czech Republic adopted a new currency regime, shifting from a fixed exchange rate to a floating exchange rate for the koruna.

07/02/1993: Establishment of Czech koruna

The Czech koruna was introduced as the official currency of the Czech Republic following the dissolution of Czechoslovakia.

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.