Historic Malawian kwacha Egyptian Pound

Malawian kwacha egyptian pound history for January 2024. The highest quote for this month is 0.018569 (28/01/2024) and the lowest 0.018522 (25/01/2024). The difference between high and low is 0.25.

MWK EGP average rate for January 2024 is 0.01847, the change between 01/01/2024 and 31/01/2024 is -1.08 %.

01 January 20241 MWK = 0.0184 EGP
02 January 20241 MWK = 0.0184 EGP
03 January 20241 MWK = 0.0186 EGP
04 January 20241 MWK = 0.0186 EGP
05 January 20241 MWK = 0.0185 EGP
06 January 20241 MWK = 0.0184 EGP
07 January 20241 MWK = 0.0184 EGP
08 January 20241 MWK = 0.0183 EGP
09 January 20241 MWK = 0.0185 EGP
10 January 20241 MWK = 0.0184 EGP
11 January 20241 MWK = 0.0185 EGP
12 January 20241 MWK = 0.0184 EGP
14 January 20241 MWK = 0.0185 EGP
15 January 20241 MWK = 0.0184 EGP
16 January 20241 MWK = 0.0184 EGP
17 January 20241 MWK = 0.0184 EGP
18 January 20241 MWK = 0.0185 EGP
19 January 20241 MWK = 0.0185 EGP
22 January 20241 MWK = 0.0183 EGP
23 January 20241 MWK = 0.0185 EGP
24 January 20241 MWK = 0.0186 EGP
25 January 20241 MWK = 0.0185 EGP
26 January 20241 MWK = 0.0185 EGP
28 January 20241 MWK = 0.0186 EGP
29 January 20241 MWK = 0.0184 EGP
30 January 20241 MWK = 0.0185 EGP
31 January 20241 MWK = 0.0186 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