Malawian kwacha iraqi dinar exchange rate history (MWK IQD) October 2023

Malawian kwacha iraqi dinar history for October 2023. The highest quote for this month is 1.2161 (01/10/2023) and the lowest 1.2161 (01/10/2023). The difference between high and low is 0.

MWK IQD average rate for October 2023 is 1.1498, the change between 01/10/2023 and 31/10/2023 is +4.56 %.

01 October 2023	1 MWK = 1.216 IQD
02 October 2023	1 MWK = 1.189 IQD
03 October 2023	1 MWK = 1.227 IQD
04 October 2023	1 MWK = 1.208 IQD
05 October 2023	1 MWK = 1.149 IQD
06 October 2023	1 MWK = 1.109 IQD
07 October 2023	1 MWK = 1.134 IQD
09 October 2023	1 MWK = 1.109 IQD
10 October 2023	1 MWK = 1.110 IQD
11 October 2023	1 MWK = 1.145 IQD
12 October 2023	1 MWK = 1.152 IQD
13 October 2023	1 MWK = 1.149 IQD
16 October 2023	1 MWK = 1.110 IQD
17 October 2023	1 MWK = 1.150 IQD
18 October 2023	1 MWK = 1.144 IQD
19 October 2023	1 MWK = 1.114 IQD
20 October 2023	1 MWK = 1.150 IQD
21 October 2023	1 MWK = 1.144 IQD
22 October 2023	1 MWK = 1.144 IQD
23 October 2023	1 MWK = 1.112 IQD
24 October 2023	1 MWK = 1.148 IQD
25 October 2023	1 MWK = 1.159 IQD
26 October 2023	1 MWK = 1.167 IQD
27 October 2023	1 MWK = 1.167 IQD
29 October 2023	1 MWK = 1.151 IQD
30 October 2023	1 MWK = 1.126 IQD
31 October 2023	1 MWK = 1.161 IQD

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.

15/10/2018: Government Formation

The formation of a new Iraqi government after parliamentary elections brought hopes of stability and potential economic growth, positively impacting the Iraqi dinar.

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.

10/06/2014: ISIS captures Mosul

The capture of Mosul by ISIS led to a further devaluation of the Iraqi dinar and economic instability in the region.

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.

15/10/2004: Introduction of New Iraqi Dinar

A new series of banknotes with enhanced security features was introduced to replace the previous Iraqi dinar notes.

20/03/2003: US-led Invasion of Iraq

The US-led invasion led to the collapse of the Iraqi government, causing instability and a sharp decline in the value of the Iraqi dinar.

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.

02/08/1990: Iraq invades Kuwait

Iraq's invasion of Kuwait resulted in international economic sanctions and further devaluation of the Iraqi dinar.

22/09/1980: Iran-Iraq War Begins

The Iran-Iraq war started, leading to significant economic challenges and inflation which impacted the Iraqi dinar.

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.

03/10/1932: Independence of Iraq

The Iraqi dinar was introduced as the official currency of Iraq following its independence from British occupation.

Historic Malawian kwacha Iraqi dinar