Malawian kwacha danish krone exchange rate history (MWK DKK) November 2023

Malawian kwacha danish krone history for November 2023. The highest quote for this month is 0.006306 (08/11/2023) and the lowest 0.006341 (10/11/2023). The difference between high and low is -0.56.

MWK DKK average rate for November 2023 is 0.00482, the change between 01/11/2023 and 30/11/2023 is +34.89 %.

01 November 2023	1 MWK = 0.0063 DKK
02 November 2023	1 MWK = 0.0062 DKK
03 November 2023	1 MWK = 0.0063 DKK
06 November 2023	1 MWK = 0.0062 DKK
07 November 2023	1 MWK = 0.0063 DKK
08 November 2023	1 MWK = 0.0063 DKK
09 November 2023	1 MWK = 0.0063 DKK
10 November 2023	1 MWK = 0.0064 DKK
13 November 2023	1 MWK = 0.0042 DKK
14 November 2023	1 MWK = 0.0041 DKK
15 November 2023	1 MWK = 0.0041 DKK
16 November 2023	1 MWK = 0.0041 DKK
17 November 2023	1 MWK = 0.0041 DKK
19 November 2023	1 MWK = 0.0041 DKK
20 November 2023	1 MWK = 0.0041 DKK
21 November 2023	1 MWK = 0.0041 DKK
22 November 2023	1 MWK = 0.0041 DKK
23 November 2023	1 MWK = 0.0041 DKK
24 November 2023	1 MWK = 0.0041 DKK
26 November 2023	1 MWK = 0.0041 DKK
27 November 2023	1 MWK = 0.0041 DKK
28 November 2023	1 MWK = 0.0041 DKK
29 November 2023	1 MWK = 0.0041 DKK
30 November 2023	1 MWK = 0.0041 DKK

04/02/2021: Ending of Intervention Policy

Denmark's central bank announced the end of its long-standing policy of defending the Krone's peg to the Euro.

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.

19/09/2000: Referendum on Euro Membership

Danish voters rejected adopting the Euro in a referendum, maintaining the Krone as the national currency.

10/04/2000: Introduction of New Kwacha Banknotes

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

31/12/1998: Euro peg

Denmark joined the European Exchange Rate Mechanism (ERM II), pegging the Krone to the Euro with a narrow fluctuation band.

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.

24/03/1982: Floating Exchange Rate

Denmark switched to a floating exchange rate regime, allowing the Krone's value to be determined by market forces.

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.

21/07/1944: Bretton Woods Agreement

Denmark became a member of the International Monetary Fund (IMF) and agreed to the Bretton Woods system, pegging the Krone to the US dollar.

10/09/1927: Return to Gold Standard

Denmark abandoned the gold standard due to economic pressures and public debt.

31/12/1872: Pegging to Gold Standard

The Danish Krone was pegged to the gold standard, fixing its value in relation to gold.

Historic Malawian kwacha Danish Krone