Historic Malawian kwacha Djiboutian franc

Malawian kwacha djiboutian franc history for February 2024. The highest quote for this month is 0.10681 (03/02/2024) and the lowest 0.10681 (04/02/2024). The difference between high and low is 0.

MWK DJF average rate for February 2024 is 0.10577, the change between 01/02/2024 and 29/02/2024 is +3.04 %.

01 February 20241 MWK = 0.1068 DJF
02 February 20241 MWK = 0.1067 DJF
03 February 20241 MWK = 0.1068 DJF
04 February 20241 MWK = 0.1068 DJF
05 February 20241 MWK = 0.1035 DJF
06 February 20241 MWK = 0.1035 DJF
07 February 20241 MWK = 0.1044 DJF
08 February 20241 MWK = 0.1067 DJF
09 February 20241 MWK = 0.1067 DJF
12 February 20241 MWK = 0.1035 DJF
13 February 20241 MWK = 0.1067 DJF
14 February 20241 MWK = 0.1067 DJF
15 February 20241 MWK = 0.1067 DJF
16 February 20241 MWK = 0.1067 DJF
17 February 20241 MWK = 0.1067 DJF
18 February 20241 MWK = 0.1067 DJF
19 February 20241 MWK = 0.1035 DJF
20 February 20241 MWK = 0.1058 DJF
21 February 20241 MWK = 0.1067 DJF
22 February 20241 MWK = 0.1067 DJF
23 February 20241 MWK = 0.1044 DJF
24 February 20241 MWK = 0.1067 DJF
25 February 20241 MWK = 0.1068 DJF
26 February 20241 MWK = 0.1035 DJF
27 February 20241 MWK = 0.1058 DJF
28 February 20241 MWK = 0.1067 DJF
29 February 20241 MWK = 0.1036 DJF

04/06/2020: Exchange rate stabilization

Efforts were made to stabilize the exchange rate of the Djiboutian franc to reduce inflation and encourage economic growth.

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.

01/09/2013: Replacement of coins with bi-metallic coins

Coins of lower denominations of the Djiboutian franc were replaced with bi-metallic coins.

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.

01/01/2002: Introduction of new banknotes

New banknotes of the Djiboutian franc were introduced with enhanced security features.

10/04/2000: Introduction of New Kwacha Banknotes

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

15/09/1997: Second devaluation

The Djiboutian franc was devalued by 33% as a result of economic instability and high inflation.

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.

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.

08/05/1977: First devaluation

The Djiboutian franc was devalued by 50% due to economic difficulties faced by the newly independent country.

27/06/1973: Independence from France

Djibouti gained independence from France and the Djiboutian franc became the national currency.

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.

01/01/1949: Introduction of the Djiboutian franc

The Djiboutian franc was introduced as the official currency of French Somaliland, replacing the French franc at a 1:1 exchange rate.
MWK DJF August 2023
MWK DJF September 2023
MWK DJF October 2023
MWK DJF November 2023
MWK DJF December 2023
MWK DJF January 2024
MWK DJF February 2024
MWK DJF March 2024
MWK DJF April 2024
MWK DJF May 2024
MWK DJF June 2024
MWK DJF July 2024
MWK DJF August 2024