Historic Malawian kwacha Thai baht

Malawian kwacha thai baht history for November 2023. The highest quote for this month is 0.032112 (09/11/2023) and the lowest 0.032482 (10/11/2023). The difference between high and low is -1.15.

MWK THB average rate for November 2023 is 0.02462, the change between 01/11/2023 and 30/11/2023 is +34.82 %.

01 November 20231 MWK = 0.0320 THB
02 November 20231 MWK = 0.0318 THB
03 November 20231 MWK = 0.0321 THB
06 November 20231 MWK = 0.0319 THB
07 November 20231 MWK = 0.0321 THB
08 November 20231 MWK = 0.0321 THB
09 November 20231 MWK = 0.0321 THB
10 November 20231 MWK = 0.0325 THB
13 November 20231 MWK = 0.0216 THB
14 November 20231 MWK = 0.0214 THB
15 November 20231 MWK = 0.0211 THB
16 November 20231 MWK = 0.0213 THB
17 November 20231 MWK = 0.0211 THB
18 November 20231 MWK = 0.0211 THB
19 November 20231 MWK = 0.0211 THB
20 November 20231 MWK = 0.0210 THB
21 November 20231 MWK = 0.0211 THB
22 November 20231 MWK = 0.0210 THB
23 November 20231 MWK = 0.0210 THB
24 November 20231 MWK = 0.0210 THB
26 November 20231 MWK = 0.0212 THB
27 November 20231 MWK = 0.0211 THB
28 November 20231 MWK = 0.0210 THB
29 November 20231 MWK = 0.0208 THB
30 November 20231 MWK = 0.0209 THB

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.

15/04/2019: Coronation of King Rama X

King Maha Vajiralongkorn's coronation ceremony took place, affirming stability and continuity in the monarchy.

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.

19/09/2006: 2006 Thai coup d'état

The military staged a coup overthrowing the government, causing political instability and affecting the currency.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

02/07/1997: Asian Financial Crisis

The Thai baht was devalued triggering the Asian financial crisis, resulting in economic recession and structural reforms.

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.

01/01/1980: Currency Floatation

The Thai baht was shifted from a fixed to a floating exchange rate system, leading to increased volatility.

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.

14/10/1973: October 14 Uprising

A popular uprising against the military dictatorship led to political reforms and an increase in public participation.

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.

01/01/1942: Japanese Occupation

During World War II, Thailand was occupied by Japan, leading to the introduction of Japanese-sponsored banknotes.

24/06/1932: Siamese Revolution

The Siamese Revolution resulted in the establishment of a constitutional monarchy, marking the beginning of political changes in Thailand.
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