Malawian kwacha vanuatu vatu history for August 2023. The highest quote for this month is 0.1131 (04/08/2023) and the lowest 0.11318 (03/08/2023). The difference between high and low is -0.07.
MWK VUV average rate for August 2023 is 0.11169, the change between 01/08/2023 and 31/08/2023 is +1.39 %.
| 01 August 2023 | 1 MWK = 0.1128 VUV |
| 03 August 2023 | 1 MWK = 0.1130 VUV |
| 04 August 2023 | 1 MWK = 0.1144 VUV |
| 07 August 2023 | 1 MWK = 0.1135 VUV |
| 08 August 2023 | 1 MWK = 0.1093 VUV |
| 10 August 2023 | 1 MWK = 0.1096 VUV |
| 12 August 2023 | 1 MWK = 0.1113 VUV |
| 14 August 2023 | 1 MWK = 0.1094 VUV |
| 15 August 2023 | 1 MWK = 0.1120 VUV |
| 17 August 2023 | 1 MWK = 0.1122 VUV |
| 19 August 2023 | 1 MWK = 0.1117 VUV |
| 20 August 2023 | 1 MWK = 0.1117 VUV |
| 21 August 2023 | 1 MWK = 0.1112 VUV |
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.