Malawian kwacha qatari rial exchange rate history (MWK QAR) December 2023

Malawian kwacha qatari rial history for December 2023. The highest quote for this month is 0.002184 (02/12/2023) and the lowest 0.002659 (15/12/2023). The difference between high and low is -21.75.

MWK QAR average rate for December 2023 is 0.00218, the change between 01/12/2023 and 31/12/2023 is -0.83 %.

01 December 2023	1 MWK = 0.0022 QAR
02 December 2023	1 MWK = 0.0022 QAR
03 December 2023	1 MWK = 0.0022 QAR
04 December 2023	1 MWK = 0.0022 QAR
05 December 2023	1 MWK = 0.0022 QAR
06 December 2023	1 MWK = 0.0022 QAR
07 December 2023	1 MWK = 0.0022 QAR
08 December 2023	1 MWK = 0.0022 QAR
10 December 2023	1 MWK = 0.0022 QAR
11 December 2023	1 MWK = 0.0022 QAR
12 December 2023	1 MWK = 0.0022 QAR
13 December 2023	1 MWK = 0.0022 QAR
14 December 2023	1 MWK = 0.0022 QAR
15 December 2023	1 MWK = 0.0022 QAR
16 December 2023	1 MWK = 0.0022 QAR
17 December 2023	1 MWK = 0.0022 QAR
18 December 2023	1 MWK = 0.0022 QAR
19 December 2023	1 MWK = 0.0022 QAR
20 December 2023	1 MWK = 0.0022 QAR
21 December 2023	1 MWK = 0.0022 QAR
22 December 2023	1 MWK = 0.0022 QAR
23 December 2023	1 MWK = 0.0022 QAR
24 December 2023	1 MWK = 0.0022 QAR
25 December 2023	1 MWK = 0.0022 QAR
26 December 2023	1 MWK = 0.0022 QAR
27 December 2023	1 MWK = 0.0022 QAR
28 December 2023	1 MWK = 0.0022 QAR
29 December 2023	1 MWK = 0.0022 QAR

01/01/2021: Launch of a digital currency pilot program

Qatar announced the launch of a pilot program to test the use of a digital currency as part of its efforts to introduce blockchain technology in the financial sector.

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.

05/06/2017: Qatar diplomatic crisis affects the currency

Following the diplomatic crisis and blockade imposed by neighboring countries, the Qatari rial faced volatility and depreciated against major currencies.

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.

27/05/2015: Qatari rial pegged to a basket of currencies

The Qatari rial's peg was diversified to include a basket of currencies, reducing its dependence on the US dollar.

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.

08/06/2001: Creation of the Qatar Central Bank

The Qatar Central Bank was established to replace the Qatar Currency Board and assume the responsibility of regulating the Qatari rial.

10/04/2000: Introduction of New Kwacha Banknotes

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

27/07/1997: Qatar Currency Board established

The Qatar Currency Board was established to regulate the issuance and circulation of the Qatari rial and maintain its stability.

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.

27/03/1976: Currency pegged to the US Dollar

The Qatari rial was pegged to the US dollar at a fixed exchange rate of 1 USD = 3.64 QAR to stabilize its value and promote trade.

24/06/1973: Introduction of Qatari Rial

Qatar officially introduced the Qatari rial as its currency, replacing the Gulf rupee at a rate of 1 rial = 1.65 rupees.

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 Qatari Rial