Historic Malawian kwacha Maldivian rufiyaa

Malawian kwacha maldivian rufiyaa history for November 2023. The highest quote for this month is 0.013684 (08/11/2023) and the lowest 0.013745 (10/11/2023). The difference between high and low is -0.45.

MWK MVR average rate for November 2023 is 0.01059, the change between 01/11/2023 and 30/11/2023 is +32.31 %.

01 November 20231 MWK = 0.0135 MVR
02 November 20231 MWK = 0.0134 MVR
03 November 20231 MWK = 0.0136 MVR
06 November 20231 MWK = 0.0137 MVR
07 November 20231 MWK = 0.0137 MVR
08 November 20231 MWK = 0.0137 MVR
09 November 20231 MWK = 0.0137 MVR
10 November 20231 MWK = 0.0138 MVR
13 November 20231 MWK = 0.0090 MVR
14 November 20231 MWK = 0.0090 MVR
15 November 20231 MWK = 0.0090 MVR
16 November 20231 MWK = 0.0091 MVR
17 November 20231 MWK = 0.0093 MVR
18 November 20231 MWK = 0.0093 MVR
19 November 20231 MWK = 0.0093 MVR
20 November 20231 MWK = 0.0092 MVR
21 November 20231 MWK = 0.0093 MVR
22 November 20231 MWK = 0.0093 MVR
23 November 20231 MWK = 0.0092 MVR
24 November 20231 MWK = 0.0091 MVR
26 November 20231 MWK = 0.0093 MVR
27 November 20231 MWK = 0.0091 MVR
28 November 20231 MWK = 0.0091 MVR
29 November 20231 MWK = 0.0091 MVR
30 November 20231 MWK = 0.0091 MVR

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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

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.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.