Historic Malawian kwacha Vanuatu vatu

Malawian kwacha vanuatu vatu history for February 2024. The highest quote for this month is 0.071325 (17/02/2024) and the lowest 0.071466 (06/02/2024). The difference between high and low is -0.2.

MWK VUV average rate for February 2024 is 0.07098, the change between 01/02/2024 and 29/02/2024 is +0.22 %.

01 February 20241 MWK = 0.0711 VUV
02 February 20241 MWK = 0.0709 VUV
03 February 20241 MWK = 0.0708 VUV
04 February 20241 MWK = 0.0708 VUV
05 February 20241 MWK = 0.0702 VUV
06 February 20241 MWK = 0.0709 VUV
07 February 20241 MWK = 0.0713 VUV
08 February 20241 MWK = 0.0712 VUV
09 February 20241 MWK = 0.0714 VUV
12 February 20241 MWK = 0.0707 VUV
13 February 20241 MWK = 0.0713 VUV
14 February 20241 MWK = 0.0717 VUV
15 February 20241 MWK = 0.0714 VUV
16 February 20241 MWK = 0.0714 VUV
17 February 20241 MWK = 0.0713 VUV
18 February 20241 MWK = 0.0713 VUV
19 February 20241 MWK = 0.0708 VUV
20 February 20241 MWK = 0.0705 VUV
21 February 20241 MWK = 0.0712 VUV
22 February 20241 MWK = 0.0710 VUV
23 February 20241 MWK = 0.0709 VUV
24 February 20241 MWK = 0.0709 VUV
25 February 20241 MWK = 0.0709 VUV
26 February 20241 MWK = 0.0704 VUV
27 February 20241 MWK = 0.0704 VUV
28 February 20241 MWK = 0.0710 VUV
29 February 20241 MWK = 0.0709 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.