Historic Malawian kwacha Singapore dollar

Malawian kwacha singapore dollar history for February 2024. The highest quote for this month is 0.000808 (18/02/2024) and the lowest 0.000809 (14/02/2024). The difference between high and low is -0.12.

MWK SGD average rate for February 2024 is 0.0008, the change between 01/02/2024 and 29/02/2024 is +0.37 %.

01 February 20241 MWK = 0.0008 SGD
02 February 20241 MWK = 0.0008 SGD
03 February 20241 MWK = 0.0008 SGD
04 February 20241 MWK = 0.0008 SGD
05 February 20241 MWK = 0.0008 SGD
06 February 20241 MWK = 0.0008 SGD
07 February 20241 MWK = 0.0008 SGD
08 February 20241 MWK = 0.0008 SGD
09 February 20241 MWK = 0.0008 SGD
12 February 20241 MWK = 0.0008 SGD
13 February 20241 MWK = 0.0008 SGD
14 February 20241 MWK = 0.0008 SGD
15 February 20241 MWK = 0.0008 SGD
16 February 20241 MWK = 0.0008 SGD
17 February 20241 MWK = 0.0008 SGD
18 February 20241 MWK = 0.0008 SGD
19 February 20241 MWK = 0.0008 SGD
20 February 20241 MWK = 0.0008 SGD
21 February 20241 MWK = 0.0008 SGD
22 February 20241 MWK = 0.0008 SGD
23 February 20241 MWK = 0.0008 SGD
24 February 20241 MWK = 0.0008 SGD
25 February 20241 MWK = 0.0008 SGD
26 February 20241 MWK = 0.0008 SGD
27 February 20241 MWK = 0.0008 SGD
28 February 20241 MWK = 0.0008 SGD
29 February 20241 MWK = 0.0008 SGD

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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

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.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
MWK SGD July 2023
MWK SGD August 2023
MWK SGD September 2023
MWK SGD October 2023
MWK SGD November 2023
MWK SGD December 2023
MWK SGD January 2024
MWK SGD February 2024
MWK SGD March 2024
MWK SGD April 2024
MWK SGD May 2024
MWK SGD June 2024
MWK SGD July 2024