Historic Malawian kwacha Namibian dollar

Malawian kwacha namibian dollar history for January 2024. The highest quote for this month is 0.011417 (23/01/2024) and the lowest 0.011513 (23/01/2024). The difference between high and low is -0.84.

MWK NAD average rate for January 2024 is 0.01123, the change between 01/01/2024 and 31/01/2024 is -3.39 %.

01 January 20241 MWK = 0.0109 NAD
02 January 20241 MWK = 0.0110 NAD
03 January 20241 MWK = 0.0111 NAD
04 January 20241 MWK = 0.0112 NAD
05 January 20241 MWK = 0.0112 NAD
06 January 20241 MWK = 0.0113 NAD
07 January 20241 MWK = 0.0112 NAD
08 January 20241 MWK = 0.0112 NAD
09 January 20241 MWK = 0.0112 NAD
10 January 20241 MWK = 0.0111 NAD
11 January 20241 MWK = 0.0112 NAD
12 January 20241 MWK = 0.0111 NAD
14 January 20241 MWK = 0.0112 NAD
15 January 20241 MWK = 0.0111 NAD
16 January 20241 MWK = 0.0111 NAD
17 January 20241 MWK = 0.0111 NAD
18 January 20241 MWK = 0.0114 NAD
19 January 20241 MWK = 0.0114 NAD
22 January 20241 MWK = 0.0113 NAD
23 January 20241 MWK = 0.0115 NAD
24 January 20241 MWK = 0.0115 NAD
25 January 20241 MWK = 0.0114 NAD
26 January 20241 MWK = 0.0113 NAD
28 January 20241 MWK = 0.0113 NAD
29 January 20241 MWK = 0.0112 NAD
30 January 20241 MWK = 0.0113 NAD
31 January 20241 MWK = 0.0113 NAD

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

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.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

10/04/2000: Introduction of New Kwacha Banknotes

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

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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.
MWK NAD August 2023
MWK NAD September 2023
MWK NAD October 2023
MWK NAD November 2023
MWK NAD December 2023
MWK NAD January 2024
MWK NAD February 2024
MWK NAD March 2024
MWK NAD April 2024
MWK NAD May 2024
MWK NAD June 2024
MWK NAD July 2024
MWK NAD August 2024