Historic Malawian kwacha Gambian dalasi

Malawian kwacha gambian dalasi history for February 2024. The highest quote for this month is 0.040435 (29/02/2024) and the lowest 0.040565 (20/02/2024). The difference between high and low is -0.32.

MWK GMD average rate for February 2024 is 0.04021, the change between 01/02/2024 and 29/02/2024 is -0.69 %.

01 February 20241 MWK = 0.0402 GMD
02 February 20241 MWK = 0.0401 GMD
05 February 20241 MWK = 0.0394 GMD
06 February 20241 MWK = 0.0397 GMD
07 February 20241 MWK = 0.0401 GMD
08 February 20241 MWK = 0.0401 GMD
09 February 20241 MWK = 0.0404 GMD
12 February 20241 MWK = 0.0402 GMD
13 February 20241 MWK = 0.0405 GMD
14 February 20241 MWK = 0.0405 GMD
15 February 20241 MWK = 0.0405 GMD
16 February 20241 MWK = 0.0405 GMD
19 February 20241 MWK = 0.0402 GMD
20 February 20241 MWK = 0.0402 GMD
21 February 20241 MWK = 0.0405 GMD
22 February 20241 MWK = 0.0405 GMD
23 February 20241 MWK = 0.0399 GMD
26 February 20241 MWK = 0.0397 GMD
27 February 20241 MWK = 0.0403 GMD
28 February 20241 MWK = 0.0406 GMD
29 February 20241 MWK = 0.0405 GMD

11/01/2021: New polymer banknotes

Polymer banknotes are introduced in The Gambia for the first time, replacing the previous paper banknotes to enhance durability and security.

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.

06/08/2019: New family of banknotes

The Central Bank of The Gambia introduces a new family of Gambian dalasi banknotes with improved security features.

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.

16/06/1997: Introduction of the 25 dalasis note

A new 25-dalasis banknote is introduced, featuring the portrait of President Jammeh, to commemorate 25 years of his rule.

22/07/1996: Change of banknotes and coins

New banknotes and coins featuring the portrait of President Jammeh are introduced, replacing the previous designs.

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.

02/07/1987: Currency redenomination

The Gambian dalasi undergoes a redenomination, with 1 old dalasi being replaced by 10 new dalasis.

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.

01/07/1977: Conversion to decimal currency

The Gambian dalasi is decimalized, with 1 dalasi being divided into 100 bututs.

27/07/1971: Introduction of the Gambian dalasi

The Gambian dalasi currency is introduced to replace the Gambian pound as the official currency of The Gambia.

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.