Historic Malawian kwacha United States dollar

Malawian kwacha united states dollar history for December 2023. The highest quote for this month is 0.0006 (02/12/2023) and the lowest 0.00073 (15/12/2023). The difference between high and low is -21.67.

MWK USD average rate for December 2023 is 0.0006, the change between 01/12/2023 and 31/12/2023 is -0.84 %.

01 December 20231 MWK = 0.0006 USD
02 December 20231 MWK = 0.0006 USD
03 December 20231 MWK = 0.0006 USD
04 December 20231 MWK = 0.0006 USD
05 December 20231 MWK = 0.0006 USD
06 December 20231 MWK = 0.0006 USD
07 December 20231 MWK = 0.0006 USD
08 December 20231 MWK = 0.0006 USD
10 December 20231 MWK = 0.0006 USD
11 December 20231 MWK = 0.0006 USD
12 December 20231 MWK = 0.0006 USD
13 December 20231 MWK = 0.0006 USD
14 December 20231 MWK = 0.0006 USD
15 December 20231 MWK = 0.0006 USD
16 December 20231 MWK = 0.0006 USD
17 December 20231 MWK = 0.0006 USD
18 December 20231 MWK = 0.0006 USD
19 December 20231 MWK = 0.0006 USD
20 December 20231 MWK = 0.0006 USD
21 December 20231 MWK = 0.0006 USD
22 December 20231 MWK = 0.0006 USD
23 December 20231 MWK = 0.0006 USD
24 December 20231 MWK = 0.0006 USD
25 December 20231 MWK = 0.0006 USD
26 December 20231 MWK = 0.0006 USD
27 December 20231 MWK = 0.0006 USD
28 December 20231 MWK = 0.0006 USD
29 December 20231 MWK = 0.0006 USD

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.
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