Malawian kwacha somali shilling history for February 2024. The highest quote for this month is 0.33831 (15/02/2024) and the lowest 0.34135 (01/02/2024). The difference between high and low is -0.9.
MWK SOS average rate for February 2024 is 0.33992, the change between 01/02/2024 and 29/02/2024 is +0.73 %.
| 01 February 2024 | 1 MWK = 0.3414 SOS |
| 02 February 2024 | 1 MWK = 0.3409 SOS |
| 05 February 2024 | 1 MWK = 0.3345 SOS |
| 06 February 2024 | 1 MWK = 0.3372 SOS |
| 07 February 2024 | 1 MWK = 0.3409 SOS |
| 08 February 2024 | 1 MWK = 0.3409 SOS |
| 09 February 2024 | 1 MWK = 0.3409 SOS |
| 12 February 2024 | 1 MWK = 0.3385 SOS |
| 13 February 2024 | 1 MWK = 0.3409 SOS |
| 14 February 2024 | 1 MWK = 0.3409 SOS |
| 15 February 2024 | 1 MWK = 0.3409 SOS |
| 16 February 2024 | 1 MWK = 0.3427 SOS |
| 19 February 2024 | 1 MWK = 0.3399 SOS |
| 20 February 2024 | 1 MWK = 0.3382 SOS |
| 21 February 2024 | 1 MWK = 0.3409 SOS |
| 22 February 2024 | 1 MWK = 0.3409 SOS |
| 23 February 2024 | 1 MWK = 0.3409 SOS |
| 26 February 2024 | 1 MWK = 0.3385 SOS |
| 27 February 2024 | 1 MWK = 0.3382 SOS |
| 28 February 2024 | 1 MWK = 0.3409 SOS |
| 29 February 2024 | 1 MWK = 0.3389 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.