Malawian kwacha djiboutian franc exchange rate history (MWK DJF) November 2023

Malawian kwacha djiboutian franc history for November 2023. The highest quote for this month is 0.16022 (09/11/2023) and the lowest 0.15799 (10/11/2023). The difference between high and low is 1.39.

MWK DJF average rate for November 2023 is 0.1227, the change between 01/11/2023 and 30/11/2023 is +32.39 %.

01 November 2023	1 MWK = 0.1577 DJF
02 November 2023	1 MWK = 0.1567 DJF
03 November 2023	1 MWK = 0.1549 DJF
06 November 2023	1 MWK = 0.1549 DJF
07 November 2023	1 MWK = 0.1608 DJF
08 November 2023	1 MWK = 0.1608 DJF
09 November 2023	1 MWK = 0.1607 DJF
10 November 2023	1 MWK = 0.1617 DJF
13 November 2023	1 MWK = 0.1035 DJF
14 November 2023	1 MWK = 0.1057 DJF
15 November 2023	1 MWK = 0.1056 DJF
16 November 2023	1 MWK = 0.1067 DJF
17 November 2023	1 MWK = 0.1067 DJF
18 November 2023	1 MWK = 0.1065 DJF
19 November 2023	1 MWK = 0.1065 DJF
20 November 2023	1 MWK = 0.1035 DJF
21 November 2023	1 MWK = 0.1065 DJF
22 November 2023	1 MWK = 0.1065 DJF
23 November 2023	1 MWK = 0.1059 DJF
24 November 2023	1 MWK = 0.1057 DJF
26 November 2023	1 MWK = 0.1065 DJF
27 November 2023	1 MWK = 0.1036 DJF
28 November 2023	1 MWK = 0.1066 DJF
29 November 2023	1 MWK = 0.1066 DJF
30 November 2023	1 MWK = 0.1066 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.

Historic Malawian kwacha Djiboutian franc