Malawian kwacha israeli sheqel exchange rate history (MWK ILS) December 2023

Malawian kwacha israeli sheqel history for December 2023. The highest quote for this month is 0.00223 (03/12/2023) and the lowest 0.002666 (15/12/2023). The difference between high and low is -19.55.

MWK ILS average rate for December 2023 is 0.00219, the change between 01/12/2023 and 31/12/2023 is +1.81 %.

01 December 2023	1 MWK = 0.0022 ILS
02 December 2023	1 MWK = 0.0022 ILS
03 December 2023	1 MWK = 0.0022 ILS
04 December 2023	1 MWK = 0.0022 ILS
05 December 2023	1 MWK = 0.0022 ILS
06 December 2023	1 MWK = 0.0022 ILS
07 December 2023	1 MWK = 0.0022 ILS
08 December 2023	1 MWK = 0.0022 ILS
10 December 2023	1 MWK = 0.0022 ILS
11 December 2023	1 MWK = 0.0022 ILS
12 December 2023	1 MWK = 0.0022 ILS
13 December 2023	1 MWK = 0.0022 ILS
14 December 2023	1 MWK = 0.0022 ILS
15 December 2023	1 MWK = 0.0022 ILS
16 December 2023	1 MWK = 0.0022 ILS
17 December 2023	1 MWK = 0.0022 ILS
18 December 2023	1 MWK = 0.0022 ILS
19 December 2023	1 MWK = 0.0022 ILS
20 December 2023	1 MWK = 0.0022 ILS
21 December 2023	1 MWK = 0.0022 ILS
22 December 2023	1 MWK = 0.0022 ILS
23 December 2023	1 MWK = 0.0022 ILS
24 December 2023	1 MWK = 0.0022 ILS
25 December 2023	1 MWK = 0.0021 ILS
26 December 2023	1 MWK = 0.0021 ILS
27 December 2023	1 MWK = 0.0022 ILS
28 December 2023	1 MWK = 0.0022 ILS
29 December 2023	1 MWK = 0.0022 ILS

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.

29/12/2014: 1 US Dollar = 3.891 Israeli Sheqel

The Israeli Sheqel (ILS) reaches a historical low against the US Dollar in the foreign exchange market.

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.

04/05/2008: Introduction of New Banknotes

New Israeli Sheqel (ILS) banknotes with enhanced security features were issued.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

01/09/1999: Introduction of Sheqel Coins

Israeli Sheqel (ILS) coins were introduced, replacing the agora as the subunit of 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.

24/02/1985: Hyperinflation Crisis

Israel experiences hyperinflation, leading to the introduction of the new Israeli Sheqel (ILS).

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.

16/03/1960: Introduction of the New Sheqel

The old Israeli pound (ILP) was replaced by the new Israeli Sheqel (ILS) as the official currency.

24/02/1949: Introduction of the Israel Pound

The Israeli pound (ILP) was introduced as legal tender in Israel.

24/09/1948: Israeli Declaration of Independence

The Israeli pound (ILP) was introduced as the official currency of Israel.

Historic Malawian kwacha Israeli Sheqel