Malawian kwacha macedonian denar exchange rate history (MWK MKD) October 2023

Malawian kwacha macedonian denar history for October 2023. The highest quote for this month is 0.053782 (02/10/2023) and the lowest 0.054615 (03/10/2023). The difference between high and low is -1.55.

MWK MKD average rate for October 2023 is 0.05114, the change between 01/10/2023 and 31/10/2023 is +4.79 %.

01 October 2023	1 MWK = 0.0537 MKD
02 October 2023	1 MWK = 0.0530 MKD
03 October 2023	1 MWK = 0.0547 MKD
04 October 2023	1 MWK = 0.0539 MKD
05 October 2023	1 MWK = 0.0511 MKD
06 October 2023	1 MWK = 0.0503 MKD
07 October 2023	1 MWK = 0.0502 MKD
09 October 2023	1 MWK = 0.0496 MKD
10 October 2023	1 MWK = 0.0501 MKD
11 October 2023	1 MWK = 0.0504 MKD
12 October 2023	1 MWK = 0.0506 MKD
13 October 2023	1 MWK = 0.0509 MKD
16 October 2023	1 MWK = 0.0503 MKD
17 October 2023	1 MWK = 0.0509 MKD
18 October 2023	1 MWK = 0.0506 MKD
19 October 2023	1 MWK = 0.0505 MKD
20 October 2023	1 MWK = 0.0508 MKD
21 October 2023	1 MWK = 0.0508 MKD
22 October 2023	1 MWK = 0.0508 MKD
23 October 2023	1 MWK = 0.0502 MKD
24 October 2023	1 MWK = 0.0503 MKD
25 October 2023	1 MWK = 0.0511 MKD
26 October 2023	1 MWK = 0.0516 MKD
27 October 2023	1 MWK = 0.0516 MKD
28 October 2023	1 MWK = 0.0510 MKD
29 October 2023	1 MWK = 0.0510 MKD
30 October 2023	1 MWK = 0.0509 MKD
31 October 2023	1 MWK = 0.0511 MKD

01/07/2020: Euro as legal tender

North Macedonia officially adopted the Euro as its currency, replacing the Macedonian Denar for all monetary transactions.

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.

15/05/2018: Denar's symbol adoption

The official symbol for the Macedonian Denar (den) was adopted, representing the currency in both domestic and international transactions.

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.

10/10/2005: Denar's full Euro peg

The Macedonian Denar was fully pegged to the Euro at a fixed exchange rate of 61.5 Denars to 1 Euro.

29/04/2003: Replacement of banknotes

New series of banknotes with enhanced security features were introduced, replacing the older versions.

05/11/2001: Denar's devaluation

Due to the political crisis in Macedonia, the Denar underwent a significant devaluation, losing around 40% of its value against the Euro.

10/04/2000: Introduction of New Kwacha Banknotes

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

15/05/1995: Denar's peg to the German Mark

The Macedonian Denar was pegged to the German Mark at a rate of 1 Denar to 1.5 Deutsche Mark, establishing a stable exchange rate.

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.

26/11/1992: Introduction of the Macedonian Denar

The Macedonian Denar was introduced as the official currency of the Republic of Macedonia following its declaration of independence from Yugoslavia.

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.

Historic Malawian kwacha Macedonian Denar