Historic Malawian kwacha Turkish Lira

Malawian kwacha turkish lira history for February 2024. The highest quote for this month is 0.018655 (25/02/2024) and the lowest 0.018634 (23/02/2024). The difference between high and low is 0.11.

MWK TRY average rate for February 2024 is 0.01842, the change between 01/02/2024 and 29/02/2024 is -2.05 %.

01 February 20241 MWK = 0.0182 TRY
02 February 20241 MWK = 0.0183 TRY
03 February 20241 MWK = 0.0183 TRY
04 February 20241 MWK = 0.0182 TRY
05 February 20241 MWK = 0.0179 TRY
06 February 20241 MWK = 0.0182 TRY
07 February 20241 MWK = 0.0183 TRY
08 February 20241 MWK = 0.0184 TRY
09 February 20241 MWK = 0.0184 TRY
12 February 20241 MWK = 0.0183 TRY
13 February 20241 MWK = 0.0184 TRY
14 February 20241 MWK = 0.0184 TRY
15 February 20241 MWK = 0.0185 TRY
16 February 20241 MWK = 0.0185 TRY
17 February 20241 MWK = 0.0185 TRY
18 February 20241 MWK = 0.0185 TRY
19 February 20241 MWK = 0.0183 TRY
20 February 20241 MWK = 0.0184 TRY
21 February 20241 MWK = 0.0186 TRY
22 February 20241 MWK = 0.0186 TRY
23 February 20241 MWK = 0.0187 TRY
24 February 20241 MWK = 0.0186 TRY
25 February 20241 MWK = 0.0186 TRY
26 February 20241 MWK = 0.0185 TRY
27 February 20241 MWK = 0.0185 TRY
28 February 20241 MWK = 0.0187 TRY
29 February 20241 MWK = 0.0186 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.