Historic Malawian kwacha United States dollar

Malawian kwacha united states dollar history for February 2024. The highest quote for this month is 0.0006 (03/02/2024) and the lowest 0.000601 (01/02/2024). The difference between high and low is -0.17.

MWK USD average rate for February 2024 is 0.0006, the change between 01/02/2024 and 29/02/2024 is +0.67 %.

01 February 20241 MWK = 0.0006 USD
02 February 20241 MWK = 0.0006 USD
03 February 20241 MWK = 0.0006 USD
04 February 20241 MWK = 0.0006 USD
05 February 20241 MWK = 0.0006 USD
06 February 20241 MWK = 0.0006 USD
07 February 20241 MWK = 0.0006 USD
08 February 20241 MWK = 0.0006 USD
09 February 20241 MWK = 0.0006 USD
12 February 20241 MWK = 0.0006 USD
13 February 20241 MWK = 0.0006 USD
14 February 20241 MWK = 0.0006 USD
15 February 20241 MWK = 0.0006 USD
16 February 20241 MWK = 0.0006 USD
17 February 20241 MWK = 0.0006 USD
18 February 20241 MWK = 0.0006 USD
19 February 20241 MWK = 0.0006 USD
20 February 20241 MWK = 0.0006 USD
21 February 20241 MWK = 0.0006 USD
22 February 20241 MWK = 0.0006 USD
23 February 20241 MWK = 0.0006 USD
24 February 20241 MWK = 0.0006 USD
25 February 20241 MWK = 0.0006 USD
26 February 20241 MWK = 0.0006 USD
27 February 20241 MWK = 0.0006 USD
28 February 20241 MWK = 0.0006 USD
29 February 20241 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.
MWK USD June 2023
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