Historic Malawian kwacha Turkish Lira

Malawian kwacha turkish lira history for December 2023. The highest quote for this month is 0.017709 (29/12/2023) and the lowest 0.021111 (15/12/2023). The difference between high and low is -19.21.

MWK TRY average rate for December 2023 is 0.01737, the change between 01/12/2023 and 31/12/2023 is -3.04 %.

01 December 20231 MWK = 0.0172 TRY
02 December 20231 MWK = 0.0173 TRY
03 December 20231 MWK = 0.0173 TRY
04 December 20231 MWK = 0.0172 TRY
05 December 20231 MWK = 0.0173 TRY
06 December 20231 MWK = 0.0174 TRY
07 December 20231 MWK = 0.0172 TRY
08 December 20231 MWK = 0.0174 TRY
10 December 20231 MWK = 0.0174 TRY
11 December 20231 MWK = 0.0172 TRY
12 December 20231 MWK = 0.0174 TRY
13 December 20231 MWK = 0.0173 TRY
14 December 20231 MWK = 0.0174 TRY
15 December 20231 MWK = 0.0174 TRY
16 December 20231 MWK = 0.0174 TRY
17 December 20231 MWK = 0.0174 TRY
18 December 20231 MWK = 0.0171 TRY
19 December 20231 MWK = 0.0173 TRY
20 December 20231 MWK = 0.0175 TRY
21 December 20231 MWK = 0.0173 TRY
22 December 20231 MWK = 0.0175 TRY
23 December 20231 MWK = 0.0175 TRY
24 December 20231 MWK = 0.0175 TRY
25 December 20231 MWK = 0.0171 TRY
26 December 20231 MWK = 0.0174 TRY
27 December 20231 MWK = 0.0176 TRY
28 December 20231 MWK = 0.0176 TRY
29 December 20231 MWK = 0.0177 TRY

04/11/2021: Resignation of Central Bank Governor and Lira Volatility

Following the resignation of the Turkish Central Bank governor, the lira experiences significant volatility in the foreign exchange market.

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.

10/08/2018: Currency Crisis and Lira Depreciation

The Turkish lira suffers a severe depreciation due to escalating tensions with the United States and concerns over the Turkish economy.

15/07/2016: Failed Coup Attempt and Lira Plunge

After a failed coup attempt, the value of the Turkish lira plunges as political instability increases.

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.

30/04/2008: Global Financial Crisis and Turkish Lira

The Turkish lira experiences a significant depreciation as a result of the global financial crisis.

01/01/2005: Introduction of New Turkish Lira (TRY)

Turkey introduces a new version of the Turkish lira, denoted as TRY, with a new currency symbol.

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.

01/09/1979: 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.

29/10/1930: Adoption of the New Turkish Lira

The Turkish government introduces the New Turkish Lira (Yeni Türk Lirası) to replace the old currency.

29/10/1923: Founding of the Republic of Turkey

The Turkish lira is officially established as the currency of the newly founded Turkish Republic.