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

Malawian kwacha djiboutian franc history for October 2023. The highest quote for this month is 0.165 (01/10/2023) and the lowest 0.165 (01/10/2023). The difference between high and low is 0.

MWK DJF average rate for October 2023 is 0.1562, the change between 01/10/2023 and 31/10/2023 is +4.43 %.

01 October 2023	1 MWK = 0.1650 DJF
02 October 2023	1 MWK = 0.1613 DJF
03 October 2023	1 MWK = 0.1667 DJF
04 October 2023	1 MWK = 0.1606 DJF
05 October 2023	1 MWK = 0.1562 DJF
06 October 2023	1 MWK = 0.1504 DJF
07 October 2023	1 MWK = 0.1538 DJF
09 October 2023	1 MWK = 0.1504 DJF
10 October 2023	1 MWK = 0.1540 DJF
11 October 2023	1 MWK = 0.1556 DJF
12 October 2023	1 MWK = 0.1566 DJF
13 October 2023	1 MWK = 0.1562 DJF
16 October 2023	1 MWK = 0.1504 DJF
17 October 2023	1 MWK = 0.1563 DJF
18 October 2023	1 MWK = 0.1555 DJF
19 October 2023	1 MWK = 0.1545 DJF
20 October 2023	1 MWK = 0.1563 DJF
21 October 2023	1 MWK = 0.1552 DJF
22 October 2023	1 MWK = 0.1552 DJF
23 October 2023	1 MWK = 0.1508 DJF
24 October 2023	1 MWK = 0.1560 DJF
25 October 2023	1 MWK = 0.1576 DJF
26 October 2023	1 MWK = 0.1585 DJF
27 October 2023	1 MWK = 0.1585 DJF
28 October 2023	1 MWK = 0.1556 DJF
29 October 2023	1 MWK = 0.1561 DJF
30 October 2023	1 MWK = 0.1527 DJF
31 October 2023	1 MWK = 0.1577 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