Historic Malawian kwacha Iranian Rial

Malawian kwacha iranian rial history for December 2023. The highest quote for this month is 25.199 (02/12/2023) and the lowest 30.679 (15/12/2023). The difference between high and low is -21.75.

MWK IRR average rate for December 2023 is 25.13011, the change between 01/12/2023 and 31/12/2023 is -0.89 %.

01 December 20231 MWK = 25.00 IRR
02 December 20231 MWK = 25.20 IRR
03 December 20231 MWK = 25.20 IRR
04 December 20231 MWK = 24.99 IRR
05 December 20231 MWK = 25.17 IRR
06 December 20231 MWK = 25.33 IRR
07 December 20231 MWK = 24.99 IRR
08 December 20231 MWK = 25.32 IRR
10 December 20231 MWK = 25.20 IRR
11 December 20231 MWK = 24.98 IRR
12 December 20231 MWK = 25.20 IRR
13 December 20231 MWK = 25.01 IRR
14 December 20231 MWK = 25.17 IRR
15 December 20231 MWK = 25.17 IRR
16 December 20231 MWK = 25.20 IRR
17 December 20231 MWK = 25.20 IRR
18 December 20231 MWK = 24.87 IRR
19 December 20231 MWK = 25.01 IRR
20 December 20231 MWK = 25.21 IRR
21 December 20231 MWK = 24.96 IRR
22 December 20231 MWK = 25.24 IRR
23 December 20231 MWK = 25.20 IRR
24 December 20231 MWK = 25.20 IRR
25 December 20231 MWK = 24.98 IRR
26 December 20231 MWK = 24.99 IRR
27 December 20231 MWK = 25.24 IRR
28 December 20231 MWK = 25.23 IRR
29 December 20231 MWK = 25.23 IRR

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.

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

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.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

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.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

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.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

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.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
MWK IRR August 2023
MWK IRR September 2023
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