Historic Malawian kwacha Salvadoran Colón

Malawian kwacha salvadoran colón history for January 2024. The highest quote for this month is 0.00525 (06/01/2024) and the lowest 0.00525 (06/01/2024). The difference between high and low is 0.

MWK SVC average rate for January 2024 is 0.00512, the change between 01/01/2024 and 31/01/2024 is -0.77 %.

01 January 20241 MWK = 0.0051 SVC
02 January 20241 MWK = 0.0051 SVC
03 January 20241 MWK = 0.0051 SVC
04 January 20241 MWK = 0.0051 SVC
05 January 20241 MWK = 0.0051 SVC
06 January 20241 MWK = 0.0053 SVC
07 January 20241 MWK = 0.0053 SVC
08 January 20241 MWK = 0.0051 SVC
09 January 20241 MWK = 0.0051 SVC
10 January 20241 MWK = 0.0051 SVC
11 January 20241 MWK = 0.0051 SVC
12 January 20241 MWK = 0.0051 SVC
14 January 20241 MWK = 0.0053 SVC
15 January 20241 MWK = 0.0051 SVC
16 January 20241 MWK = 0.0051 SVC
17 January 20241 MWK = 0.0051 SVC
18 January 20241 MWK = 0.0051 SVC
19 January 20241 MWK = 0.0051 SVC
22 January 20241 MWK = 0.0051 SVC
23 January 20241 MWK = 0.0051 SVC
24 January 20241 MWK = 0.0051 SVC
25 January 20241 MWK = 0.0051 SVC
26 January 20241 MWK = 0.0051 SVC
28 January 20241 MWK = 0.0053 SVC
29 January 20241 MWK = 0.0051 SVC
30 January 20241 MWK = 0.0051 SVC
31 January 20241 MWK = 0.0051 SVC

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.

14/06/1994: 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.

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.