Malawian kwacha somali shilling history for December 2023. The highest quote for this month is 0.33834 (19/12/2023) and the lowest 0.4149 (15/12/2023). The difference between high and low is -22.63.
MWK SOS average rate for December 2023 is 0.33947, the change between 01/12/2023 and 31/12/2023 is -0.83 %.
| 01 December 2023 | 1 MWK = 0.3381 SOS |
| 04 December 2023 | 1 MWK = 0.3379 SOS |
| 05 December 2023 | 1 MWK = 0.3403 SOS |
| 06 December 2023 | 1 MWK = 0.3424 SOS |
| 07 December 2023 | 1 MWK = 0.3377 SOS |
| 08 December 2023 | 1 MWK = 0.3424 SOS |
| 11 December 2023 | 1 MWK = 0.3376 SOS |
| 12 December 2023 | 1 MWK = 0.3407 SOS |
| 13 December 2023 | 1 MWK = 0.3382 SOS |
| 14 December 2023 | 1 MWK = 0.3403 SOS |
| 15 December 2023 | 1 MWK = 0.3403 SOS |
| 18 December 2023 | 1 MWK = 0.3363 SOS |
| 19 December 2023 | 1 MWK = 0.3382 SOS |
| 20 December 2023 | 1 MWK = 0.3409 SOS |
| 21 December 2023 | 1 MWK = 0.3374 SOS |
| 22 December 2023 | 1 MWK = 0.3411 SOS |
| 25 December 2023 | 1 MWK = 0.3378 SOS |
| 26 December 2023 | 1 MWK = 0.3378 SOS |
| 27 December 2023 | 1 MWK = 0.3414 SOS |
| 28 December 2023 | 1 MWK = 0.3409 SOS |
| 29 December 2023 | 1 MWK = 0.3409 SOS |
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.