Historic Moldovan Leu Malawian kwacha

Moldovan Leu malawian kwacha history for February 2024. The highest quote for this month is 95.996 (14/02/2024) and the lowest 95.996 (13/02/2024). The difference between high and low is 0.

MDL MWK average rate for February 2024 is 94.90559, the change between 01/02/2024 and 29/02/2024 is -0.5 %.

01 February 20241 MDL = 95.29 MWK
02 February 20241 MDL = 94.92 MWK
03 February 20241 MDL = 94.43 MWK
04 February 20241 MDL = 94.43 MWK
05 February 20241 MDL = 95.85 MWK
06 February 20241 MDL = 95.81 MWK
07 February 20241 MDL = 94.89 MWK
08 February 20241 MDL = 95.01 MWK
09 February 20241 MDL = 94.82 MWK
12 February 20241 MDL = 95.69 MWK
13 February 20241 MDL = 95.18 MWK
14 February 20241 MDL = 95.22 MWK
15 February 20241 MDL = 94.98 MWK
16 February 20241 MDL = 94.86 MWK
17 February 20241 MDL = 93.85 MWK
18 February 20241 MDL = 93.85 MWK
19 February 20241 MDL = 95.40 MWK
20 February 20241 MDL = 95.42 MWK
21 February 20241 MDL = 94.48 MWK
22 February 20241 MDL = 94.33 MWK
23 February 20241 MDL = 94.44 MWK
24 February 20241 MDL = 93.85 MWK
25 February 20241 MDL = 93.85 MWK
26 February 20241 MDL = 95.29 MWK
27 February 20241 MDL = 95.45 MWK
28 February 20241 MDL = 95.10 MWK
29 February 20241 MDL = 95.77 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.