Historic Malawian kwacha Syrian Pound

Malawian kwacha syrian pound history for January 2024. The highest quote for this month is 7.7997 (06/01/2024) and the lowest 7.8125 (08/01/2024). The difference between high and low is -0.16.

MWK SYP average rate for January 2024 is 7.78069, the change between 01/01/2024 and 31/01/2024 is -1.02 %.

01 January 20241 MWK = 7.72 SYP
02 January 20241 MWK = 7.72 SYP
03 January 20241 MWK = 7.81 SYP
04 January 20241 MWK = 7.81 SYP
05 January 20241 MWK = 7.80 SYP
06 January 20241 MWK = 7.80 SYP
07 January 20241 MWK = 7.80 SYP
08 January 20241 MWK = 7.76 SYP
09 January 20241 MWK = 7.80 SYP
10 January 20241 MWK = 7.74 SYP
11 January 20241 MWK = 7.80 SYP
12 January 20241 MWK = 7.74 SYP
14 January 20241 MWK = 7.80 SYP
15 January 20241 MWK = 7.75 SYP
16 January 20241 MWK = 7.75 SYP
17 January 20241 MWK = 7.73 SYP
18 January 20241 MWK = 7.81 SYP
19 January 20241 MWK = 7.81 SYP
22 January 20241 MWK = 7.75 SYP
23 January 20241 MWK = 7.80 SYP
24 January 20241 MWK = 7.81 SYP
25 January 20241 MWK = 7.80 SYP
26 January 20241 MWK = 7.81 SYP
28 January 20241 MWK = 7.80 SYP
29 January 20241 MWK = 7.73 SYP
30 January 20241 MWK = 7.80 SYP
31 January 20241 MWK = 7.80 SYP

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.