Malawian kwacha thai baht exchange rate history (MWK THB) October 2023

Malawian kwacha thai baht history for October 2023. The highest quote for this month is 0.034181 (02/10/2023) and the lowest 0.034646 (03/10/2023). The difference between high and low is -1.36.

MWK THB average rate for October 2023 is 0.03226, the change between 01/10/2023 and 31/10/2023 is +5.87 %.

01 October 2023	1 MWK = 0.0339 THB
02 October 2023	1 MWK = 0.0340 THB
03 October 2023	1 MWK = 0.0347 THB
04 October 2023	1 MWK = 0.0343 THB
05 October 2023	1 MWK = 0.0324 THB
06 October 2023	1 MWK = 0.0321 THB
07 October 2023	1 MWK = 0.0319 THB
09 October 2023	1 MWK = 0.0321 THB
10 October 2023	1 MWK = 0.0320 THB
11 October 2023	1 MWK = 0.0320 THB
12 October 2023	1 MWK = 0.0321 THB
13 October 2023	1 MWK = 0.0320 THB
16 October 2023	1 MWK = 0.0313 THB
17 October 2023	1 MWK = 0.0319 THB
18 October 2023	1 MWK = 0.0318 THB
19 October 2023	1 MWK = 0.0316 THB
20 October 2023	1 MWK = 0.0320 THB
21 October 2023	1 MWK = 0.0318 THB
22 October 2023	1 MWK = 0.0319 THB
23 October 2023	1 MWK = 0.0318 THB
24 October 2023	1 MWK = 0.0319 THB
25 October 2023	1 MWK = 0.0321 THB
26 October 2023	1 MWK = 0.0323 THB
27 October 2023	1 MWK = 0.0323 THB
28 October 2023	1 MWK = 0.0317 THB
29 October 2023	1 MWK = 0.0318 THB
30 October 2023	1 MWK = 0.0318 THB
31 October 2023	1 MWK = 0.0319 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.

Historic Malawian kwacha Thai baht