Historic Malawian kwacha Iranian Rial

Malawian kwacha iranian rial history for February 2024. The highest quote for this month is 25.214 (03/02/2024) and the lowest 25.255 (05/02/2024). The difference between high and low is -0.16.

MWK IRR average rate for February 2024 is 25.14544, the change between 01/02/2024 and 29/02/2024 is +0.7 %.

01 February 20241 MWK = 25.25 IRR
02 February 20241 MWK = 25.21 IRR
03 February 20241 MWK = 25.20 IRR
04 February 20241 MWK = 25.20 IRR
05 February 20241 MWK = 24.79 IRR
06 February 20241 MWK = 24.98 IRR
07 February 20241 MWK = 25.22 IRR
08 February 20241 MWK = 25.21 IRR
09 February 20241 MWK = 25.22 IRR
12 February 20241 MWK = 25.03 IRR
13 February 20241 MWK = 25.21 IRR
14 February 20241 MWK = 25.21 IRR
15 February 20241 MWK = 25.21 IRR
16 February 20241 MWK = 25.21 IRR
17 February 20241 MWK = 25.20 IRR
18 February 20241 MWK = 25.20 IRR
19 February 20241 MWK = 25.00 IRR
20 February 20241 MWK = 25.01 IRR
21 February 20241 MWK = 25.22 IRR
22 February 20241 MWK = 25.22 IRR
23 February 20241 MWK = 25.21 IRR
24 February 20241 MWK = 25.20 IRR
25 February 20241 MWK = 25.20 IRR
26 February 20241 MWK = 25.03 IRR
27 February 20241 MWK = 25.01 IRR
28 February 20241 MWK = 25.21 IRR
29 February 20241 MWK = 25.07 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
MWK IRR October 2023
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MWK IRR December 2023
MWK IRR January 2024
MWK IRR February 2024
MWK IRR March 2024
MWK IRR April 2024
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MWK IRR June 2024
MWK IRR July 2024
MWK IRR August 2024