Moldovan Leu malawian kwacha exchange rate history (MDL MWK) December 2023

Moldovan Leu malawian kwacha history for December 2023. The highest quote for this month is 98.202 (28/12/2023) and the lowest 98.639 (29/12/2023). The difference between high and low is -0.45.

MDL MWK average rate for December 2023 is 95.79311, the change between 01/12/2023 and 31/12/2023 is -0.82 %.

01 December 2023	1 MDL = 96.12 MWK
02 December 2023	1 MDL = 94.81 MWK
03 December 2023	1 MDL = 94.81 MWK
04 December 2023	1 MDL = 96.12 MWK
05 December 2023	1 MDL = 95.55 MWK
06 December 2023	1 MDL = 95.23 MWK
07 December 2023	1 MDL = 96.29 MWK
08 December 2023	1 MDL = 94.88 MWK
10 December 2023	1 MDL = 94.65 MWK
11 December 2023	1 MDL = 95.94 MWK
12 December 2023	1 MDL = 94.62 MWK
13 December 2023	1 MDL = 95.15 MWK
14 December 2023	1 MDL = 94.49 MWK
15 December 2023	1 MDL = 95.08 MWK
16 December 2023	1 MDL = 94.81 MWK
17 December 2023	1 MDL = 94.81 MWK
18 December 2023	1 MDL = 96.11 MWK
19 December 2023	1 MDL = 96.70 MWK
20 December 2023	1 MDL = 96.51 MWK
21 December 2023	1 MDL = 98.01 MWK
22 December 2023	1 MDL = 97.00 MWK
23 December 2023	1 MDL = 95.38 MWK
24 December 2023	1 MDL = 95.38 MWK
25 December 2023	1 MDL = 96.94 MWK
26 December 2023	1 MDL = 96.94 MWK
27 December 2023	1 MDL = 95.86 MWK
28 December 2023	1 MDL = 97.13 MWK
29 December 2023	1 MDL = 96.90 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.

04/06/2018: Introduction of New Banknotes

Moldova introduced a new series of banknotes with enhanced security features to combat counterfeiting.

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.

01/07/2015: Currency Pegged to Euro

Moldova pegged its currency, the Leu, to the Euro at a fixed exchange rate to stabilize the economy and attract foreign investment.

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.

10/05/2010: Euro as Legal Tender

Moldova adopted the Euro as its official currency, though it is not a member of the Eurozone.

29/04/2009: Revaluation

Moldova carried out a currency revaluation, changing the exchange rate from 10,000 old Lei to 1 new Leu.

10/04/2000: Introduction of New Kwacha Banknotes

Malawi introduced new banknotes with enhanced security features to combat counterfeiting and to modernize the currency.

29/10/1999: Introduction of Polymer Banknotes

Polymer banknotes were introduced in Moldova, increasing security and durability of 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.

29/05/1994: Redenomination

Moldova underwent a redenomination process, where 1000 old Lei were exchanged for 1 new Leu to combat hyperinflation.

26/11/1992: Declaration of Independence

The Moldovan Leu was introduced as the official currency of Moldova after the country declared independence from the Soviet Union.

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.

Historic Moldovan Leu Malawian kwacha