Historic Malawian kwacha Samoan Tala

Malawian kwacha samoan tala history for October 2023. The highest quote for this month is 0.002575 (01/10/2023) and the lowest 0.002606 (03/10/2023). The difference between high and low is -1.2.

MWK WST average rate for October 2023 is 0.00243, the change between 01/10/2023 and 31/10/2023 is +7.61 %.

01 October 20231 MWK = 0.0026 WST
03 October 20231 MWK = 0.0026 WST
04 October 20231 MWK = 0.0026 WST
06 October 20231 MWK = 0.0024 WST
07 October 20231 MWK = 0.0023 WST
09 October 20231 MWK = 0.0024 WST
10 October 20231 MWK = 0.0024 WST
11 October 20231 MWK = 0.0023 WST
13 October 20231 MWK = 0.0024 WST
16 October 20231 MWK = 0.0024 WST
17 October 20231 MWK = 0.0024 WST
18 October 20231 MWK = 0.0024 WST
19 October 20231 MWK = 0.0024 WST
20 October 20231 MWK = 0.0024 WST
21 October 20231 MWK = 0.0023 WST
22 October 20231 MWK = 0.0024 WST
23 October 20231 MWK = 0.0023 WST
24 October 20231 MWK = 0.0024 WST
25 October 20231 MWK = 0.0024 WST
26 October 20231 MWK = 0.0025 WST
27 October 20231 MWK = 0.0025 WST
28 October 20231 MWK = 0.0025 WST
29 October 20231 MWK = 0.0025 WST
30 October 20231 MWK = 0.0025 WST
31 October 20231 MWK = 0.0024 WST

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.

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.

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.