Historic Malawian kwacha Kenyan shilling

Malawian kwacha kenyan shilling history for October 2023. The highest quote for this month is 0.13771 (01/10/2023) and the lowest 0.13818 (03/10/2023). The difference between high and low is -0.34.

MWK KES average rate for October 2023 is 0.13125, the change between 01/10/2023 and 31/10/2023 is +3.61 %.

01 October 20231 MWK = 0.1377 KES
02 October 20231 MWK = 0.1364 KES
03 October 20231 MWK = 0.1382 KES
04 October 20231 MWK = 0.1362 KES
05 October 20231 MWK = 0.1297 KES
06 October 20231 MWK = 0.1245 KES
07 October 20231 MWK = 0.1288 KES
09 October 20231 MWK = 0.1285 KES
10 October 20231 MWK = 0.1282 KES
11 October 20231 MWK = 0.1303 KES
12 October 20231 MWK = 0.1304 KES
13 October 20231 MWK = 0.1304 KES
16 October 20231 MWK = 0.1283 KES
17 October 20231 MWK = 0.1306 KES
18 October 20231 MWK = 0.1300 KES
19 October 20231 MWK = 0.1294 KES
20 October 20231 MWK = 0.1309 KES
21 October 20231 MWK = 0.1309 KES
22 October 20231 MWK = 0.1310 KES
23 October 20231 MWK = 0.1294 KES
24 October 20231 MWK = 0.1308 KES
25 October 20231 MWK = 0.1323 KES
26 October 20231 MWK = 0.1332 KES
27 October 20231 MWK = 0.1332 KES
28 October 20231 MWK = 0.1322 KES
29 October 20231 MWK = 0.1322 KES
30 October 20231 MWK = 0.1286 KES
31 October 20231 MWK = 0.1327 KES

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.

01/10/2019: New Generation Banknotes

Kenya introduced a new series of banknotes with enhanced security features and design elements to fight illicit financial activities.

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.

01/07/2010: Introduction of New Currency Denominations

Kenya introduced new currency denominations, including the 1000 shilling note, to combat money laundering and illegal financial activities.

10/04/2000: Introduction of New Kwacha Banknotes

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

14/09/1994: Transition to New Currency

Kenya introduced a new design of banknotes and coins to counter counterfeiting and promote national identity.

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.

01/07/1985: Second Devaluation of the Shilling

The Kenyan shilling was further devalued by 30% as part of economic reforms and structural adjustments.

14/09/1980: Devaluation of the Shilling

The Kenyan shilling was devalued by 30% as part of an austerity measure to address the country's economic challenges.

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.

14/06/1969: Decimalization of the Shilling

Kenya decimalized its currency, dividing the shilling into 100 cents for easier transactions and financial calculations.

14/06/1966: Introduction of the Kenyan Shilling

The Kenyan shilling was introduced as the official currency of Kenya replacing the East African shilling as a result of Kenya's independence from British colonial rule.