Malawian kwacha somali shilling history for September 2023. The highest quote for this month is 0.53609 (06/09/2023) and the lowest 0.54686 (06/09/2023). The difference between high and low is -2.01.
MWK SOS average rate for September 2023 is 0.52699, the change between 01/09/2023 and 30/09/2023 is -0.55 %.
| 01 September 2023 | 1 MWK = 0.5276 SOS |
| 04 September 2023 | 1 MWK = 0.5280 SOS |
| 05 September 2023 | 1 MWK = 0.5311 SOS |
| 06 September 2023 | 1 MWK = 0.5353 SOS |
| 07 September 2023 | 1 MWK = 0.5454 SOS |
| 08 September 2023 | 1 MWK = 0.5305 SOS |
| 12 September 2023 | 1 MWK = 0.5174 SOS |
| 13 September 2023 | 1 MWK = 0.5221 SOS |
| 14 September 2023 | 1 MWK = 0.5221 SOS |
| 15 September 2023 | 1 MWK = 0.5295 SOS |
| 18 September 2023 | 1 MWK = 0.5263 SOS |
| 19 September 2023 | 1 MWK = 0.5169 SOS |
| 20 September 2023 | 1 MWK = 0.5212 SOS |
| 21 September 2023 | 1 MWK = 0.5184 SOS |
| 22 September 2023 | 1 MWK = 0.5255 SOS |
| 25 September 2023 | 1 MWK = 0.5262 SOS |
| 26 September 2023 | 1 MWK = 0.5300 SOS |
| 27 September 2023 | 1 MWK = 0.5255 SOS |
| 28 September 2023 | 1 MWK = 0.5305 SOS |
| 29 September 2023 | 1 MWK = 0.5305 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.