Malawian kwacha somali shilling history for November 2023. The highest quote for this month is 0.51207 (09/11/2023) and the lowest 0.51636 (10/11/2023). The difference between high and low is -0.84.
MWK SOS average rate for November 2023 is 0.40155, the change between 01/11/2023 and 30/11/2023 is +32.39 %.
| 01 November 2023 | 1 MWK = 0.5040 SOS |
| 02 November 2023 | 1 MWK = 0.5009 SOS |
| 03 November 2023 | 1 MWK = 0.5062 SOS |
| 06 November 2023 | 1 MWK = 0.5094 SOS |
| 07 November 2023 | 1 MWK = 0.5140 SOS |
| 08 November 2023 | 1 MWK = 0.5140 SOS |
| 09 November 2023 | 1 MWK = 0.5136 SOS |
| 10 November 2023 | 1 MWK = 0.5168 SOS |
| 13 November 2023 | 1 MWK = 0.3394 SOS |
| 14 November 2023 | 1 MWK = 0.3379 SOS |
| 15 November 2023 | 1 MWK = 0.3374 SOS |
| 16 November 2023 | 1 MWK = 0.3411 SOS |
| 17 November 2023 | 1 MWK = 0.3411 SOS |
| 20 November 2023 | 1 MWK = 0.3398 SOS |
| 21 November 2023 | 1 MWK = 0.3403 SOS |
| 22 November 2023 | 1 MWK = 0.3403 SOS |
| 23 November 2023 | 1 MWK = 0.3384 SOS |
| 24 November 2023 | 1 MWK = 0.3379 SOS |
| 27 November 2023 | 1 MWK = 0.3393 SOS |
| 28 November 2023 | 1 MWK = 0.3408 SOS |
| 29 November 2023 | 1 MWK = 0.3407 SOS |
| 30 November 2023 | 1 MWK = 0.3407 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.