Historic Malawian kwacha Vanuatu vatu

Malawian kwacha vanuatu vatu history for January 2024. The highest quote for this month is 0.070875 (28/01/2024) and the lowest 0.070978 (25/01/2024). The difference between high and low is -0.15.

MWK VUV average rate for January 2024 is 0.07022, the change between 01/01/2024 and 31/01/2024 is -3.13 %.

01 January 20241 MWK = 0.0686 VUV
02 January 20241 MWK = 0.0687 VUV
03 January 20241 MWK = 0.0699 VUV
04 January 20241 MWK = 0.0701 VUV
05 January 20241 MWK = 0.0702 VUV
06 January 20241 MWK = 0.0702 VUV
07 January 20241 MWK = 0.0702 VUV
08 January 20241 MWK = 0.0696 VUV
09 January 20241 MWK = 0.0700 VUV
10 January 20241 MWK = 0.0696 VUV
11 January 20241 MWK = 0.0701 VUV
12 January 20241 MWK = 0.0696 VUV
14 January 20241 MWK = 0.0701 VUV
15 January 20241 MWK = 0.0698 VUV
16 January 20241 MWK = 0.0698 VUV
17 January 20241 MWK = 0.0702 VUV
18 January 20241 MWK = 0.0711 VUV
19 January 20241 MWK = 0.0710 VUV
22 January 20241 MWK = 0.0703 VUV
23 January 20241 MWK = 0.0710 VUV
24 January 20241 MWK = 0.0710 VUV
25 January 20241 MWK = 0.0710 VUV
26 January 20241 MWK = 0.0709 VUV
28 January 20241 MWK = 0.0709 VUV
29 January 20241 MWK = 0.0703 VUV
30 January 20241 MWK = 0.0708 VUV
31 January 20241 MWK = 0.0708 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.