Historic Malawian kwacha Egyptian Pound

Malawian kwacha egyptian pound history for February 2024. The highest quote for this month is 0.018569 (25/02/2024) and the lowest 0.018545 (06/02/2024). The difference between high and low is 0.13.

MWK EGP average rate for February 2024 is 0.01848, the change between 01/02/2024 and 29/02/2024 is +0.61 %.

01 February 20241 MWK = 0.0186 EGP
02 February 20241 MWK = 0.0185 EGP
03 February 20241 MWK = 0.0185 EGP
04 February 20241 MWK = 0.0185 EGP
05 February 20241 MWK = 0.0183 EGP
06 February 20241 MWK = 0.0184 EGP
07 February 20241 MWK = 0.0185 EGP
08 February 20241 MWK = 0.0185 EGP
09 February 20241 MWK = 0.0185 EGP
12 February 20241 MWK = 0.0183 EGP
13 February 20241 MWK = 0.0185 EGP
14 February 20241 MWK = 0.0185 EGP
15 February 20241 MWK = 0.0185 EGP
16 February 20241 MWK = 0.0185 EGP
17 February 20241 MWK = 0.0185 EGP
18 February 20241 MWK = 0.0185 EGP
19 February 20241 MWK = 0.0183 EGP
20 February 20241 MWK = 0.0184 EGP
21 February 20241 MWK = 0.0186 EGP
22 February 20241 MWK = 0.0185 EGP
23 February 20241 MWK = 0.0185 EGP
24 February 20241 MWK = 0.0185 EGP
25 February 20241 MWK = 0.0186 EGP
26 February 20241 MWK = 0.0184 EGP
27 February 20241 MWK = 0.0184 EGP
28 February 20241 MWK = 0.0185 EGP
29 February 20241 MWK = 0.0184 EGP

03/11/2020: Economic Impact of COVID-19

The COVID-19 pandemic caused economic disruptions globally, affecting the Egyptian Pound's exchange rate and foreign reserves.

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.

10/04/2000: Introduction of New Kwacha Banknotes

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

14/11/1999: Liberalization of Exchange Rate

The Egyptian government implemented a managed float exchange rate system, allowing the Pound to fluctuate based on market forces.

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.

12/08/1987: Introduction of New Egyptian Pound

A new Egyptian Pound banknote was introduced to combat counterfeiting and improve security features.

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.

14/09/1962: Devaluation of the Pound

The Egyptian government devalued the Pound by 55%, leading to a significant decrease in its value.

23/07/1952: Overthrow of the Monarchy

The Egyptian monarchy was overthrown, leading to political and economic changes that affected the value of the Egyptian Pound.

02/05/1885: Establishment of Central Bank of Egypt

The Central Bank of Egypt was established to regulate the currency and banking system in Egypt.

29/07/1834: Introduction of Egyptian Pound

The Egyptian Pound was introduced as the official currency of Egypt, replacing the piastre.
MWK EGP January 2024
MWK EGP February 2024
MWK EGP March 2024
MWK EGP April 2024
MWK EGP May 2024
MWK EGP June 2024
MWK EGP July 2024
MWK EGP August 2024
MWK EGP September 2024
MWK EGP October 2024
MWK EGP November 2024
MWK EGP December 2024
MWK EGP January 2025