Historic Malawian kwacha Tanzanian Shilling

Malawian kwacha tanzanian shilling history for September 2023. The highest quote for this month is 2.3731 (06/09/2023) and the lowest 2.3756 (05/09/2023). The difference between high and low is -0.11.

MWK TZS average rate for September 2023 is 2.32897, the change between 01/09/2023 and 30/09/2023 is +0.51 %.

01 September 20231 MWK = 2.339 TZS
04 September 20231 MWK = 2.341 TZS
05 September 20231 MWK = 2.313 TZS
06 September 20231 MWK = 2.373 TZS
07 September 20231 MWK = 2.418 TZS
08 September 20231 MWK = 2.303 TZS
12 September 20231 MWK = 2.287 TZS
13 September 20231 MWK = 2.311 TZS
14 September 20231 MWK = 2.311 TZS
15 September 20231 MWK = 2.348 TZS
18 September 20231 MWK = 2.329 TZS
19 September 20231 MWK = 2.287 TZS
20 September 20231 MWK = 2.307 TZS
21 September 20231 MWK = 2.298 TZS
22 September 20231 MWK = 2.326 TZS
23 September 20231 MWK = 2.321 TZS
24 September 20231 MWK = 2.321 TZS
25 September 20231 MWK = 2.333 TZS
26 September 20231 MWK = 2.346 TZS
27 September 20231 MWK = 2.326 TZS
28 September 20231 MWK = 2.352 TZS
29 September 20231 MWK = 2.348 TZS
30 September 20231 MWK = 2.327 TZS

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.