Historic Malawian kwacha Vanuatu vatu

Malawian kwacha vanuatu vatu history for December 2023. The highest quote for this month is 0.070829 (13/12/2023) and the lowest 0.08534 (15/12/2023). The difference between high and low is -20.49.

MWK VUV average rate for December 2023 is 0.07003, the change between 01/12/2023 and 31/12/2023 is +1.11 %.

01 December 20231 MWK = 0.0701 VUV
02 December 20231 MWK = 0.0706 VUV
03 December 20231 MWK = 0.0706 VUV
04 December 20231 MWK = 0.0698 VUV
05 December 20231 MWK = 0.0705 VUV
06 December 20231 MWK = 0.0713 VUV
07 December 20231 MWK = 0.0704 VUV
08 December 20231 MWK = 0.0711 VUV
10 December 20231 MWK = 0.0707 VUV
11 December 20231 MWK = 0.0703 VUV
12 December 20231 MWK = 0.0709 VUV
13 December 20231 MWK = 0.0704 VUV
14 December 20231 MWK = 0.0702 VUV
15 December 20231 MWK = 0.0700 VUV
16 December 20231 MWK = 0.0701 VUV
17 December 20231 MWK = 0.0701 VUV
18 December 20231 MWK = 0.0693 VUV
19 December 20231 MWK = 0.0696 VUV
20 December 20231 MWK = 0.0698 VUV
21 December 20231 MWK = 0.0690 VUV
22 December 20231 MWK = 0.0698 VUV
23 December 20231 MWK = 0.0697 VUV
24 December 20231 MWK = 0.0696 VUV
26 December 20231 MWK = 0.0689 VUV
27 December 20231 MWK = 0.0694 VUV
28 December 20231 MWK = 0.0692 VUV
29 December 20231 MWK = 0.0693 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.