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 July 2023
MWK EGP August 2023
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MWK EGP January 2024
MWK EGP February 2024
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MWK EGP July 2024