Maldivian rufiyaa malawian kwacha exchange rate history (MVR MWK) December 2023

Maldivian rufiyaa malawian kwacha history for December 2023. The highest quote for this month is 110.88 (18/12/2023) and the lowest 110.7 (25/12/2023). The difference between high and low is 0.16.

MVR MWK average rate for December 2023 is 109.4225, the change between 01/12/2023 and 31/12/2023 is +1.01 %.

01 December 2023	1 MVR = 110.5 MWK
02 December 2023	1 MVR = 108.1 MWK
03 December 2023	1 MVR = 108.1 MWK
04 December 2023	1 MVR = 110.4 MWK
05 December 2023	1 MVR = 109.6 MWK
06 December 2023	1 MVR = 109.1 MWK
07 December 2023	1 MVR = 110.7 MWK
08 December 2023	1 MVR = 109.1 MWK
10 December 2023	1 MVR = 108.1 MWK
11 December 2023	1 MVR = 110.7 MWK
12 December 2023	1 MVR = 109.5 MWK
13 December 2023	1 MVR = 110.3 MWK
14 December 2023	1 MVR = 109.2 MWK
15 December 2023	1 MVR = 109.4 MWK
16 December 2023	1 MVR = 108.1 MWK
17 December 2023	1 MVR = 108.1 MWK
18 December 2023	1 MVR = 110.7 MWK
19 December 2023	1 MVR = 110.1 MWK
20 December 2023	1 MVR = 109.3 MWK
21 December 2023	1 MVR = 110.4 MWK
22 December 2023	1 MVR = 109.2 MWK
23 December 2023	1 MVR = 108.1 MWK
24 December 2023	1 MVR = 108.1 MWK
25 December 2023	1 MVR = 110.6 MWK
26 December 2023	1 MVR = 110.6 MWK
27 December 2023	1 MVR = 109.1 MWK
28 December 2023	1 MVR = 109.4 MWK
29 December 2023	1 MVR = 109.4 MWK

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.

15/01/2019: Introduction of New Banknotes

New series of banknotes with enhanced security features and improved designs were introduced by the Maldives Monetary Authority.

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.

01/09/2014: Introduction of Polymer Banknotes

Polymer banknotes were introduced in the Maldives, replacing the traditional paper banknotes, enhancing their durability and security features.

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.

01/07/2011: Redenomination of the Rufiyaa

The Maldivian Rufiyaa underwent redenomination, with new banknotes and coins introduced to simplify transactions and reduce the number of zeros.

01/01/2002: Decimalization of the Rufiyaa

The Maldivian Rufiyaa was decimalized, with 100 laari equaling 1 Rufiyaa, replacing the previous system of 1 Rufiyaa equalling 100 lari.

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.

01/09/1983: Introduction of the Maldivian Rufiyaa

The Maldivian Rufiyaa was introduced as the new currency, replacing the Maldivian Rupee at a 1:1 exchange rate.

01/09/1981: Establishment of the Maldives Monetary Authority

The Maldives Monetary Authority (MMA) was established as the central bank of the Maldives, responsible for issuing and managing the currency.

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.

22/10/1947: Introduction of the Maldivian Rupee

The Maldivian Indian Rupee was adopted as the official currency of the Maldives, replacing the Ceylonese Rupee.

Historic Maldivian rufiyaa Malawian kwacha