Historic Moroccan dirham Malawian kwacha

Moroccan dirham malawian kwacha history for February 2024. The highest quote for this month is 172.72 (13/02/2024) and the lowest 172.96 (12/02/2024). The difference between high and low is -0.14.

MAD MWK average rate for February 2024 is 167.56, the change between 01/02/2024 and 29/02/2024 is -2.73 %.

01 February 20241 MAD = 166.4 MWK
02 February 20241 MAD = 166.5 MWK
03 February 20241 MAD = 166.1 MWK
04 February 20241 MAD = 166.1 MWK
05 February 20241 MAD = 173.6 MWK
06 February 20241 MAD = 172.4 MWK
07 February 20241 MAD = 165.4 MWK
08 February 20241 MAD = 165.6 MWK
09 February 20241 MAD = 165.9 MWK
12 February 20241 MAD = 173.0 MWK
13 February 20241 MAD = 166.0 MWK
14 February 20241 MAD = 165.5 MWK
15 February 20241 MAD = 165.4 MWK
16 February 20241 MAD = 165.7 MWK
17 February 20241 MAD = 165.7 MWK
18 February 20241 MAD = 165.7 MWK
19 February 20241 MAD = 172.3 MWK
20 February 20241 MAD = 171.9 MWK
21 February 20241 MAD = 165.3 MWK
22 February 20241 MAD = 165.3 MWK
23 February 20241 MAD = 165.7 MWK
24 February 20241 MAD = 165.8 MWK
25 February 20241 MAD = 165.8 MWK
26 February 20241 MAD = 172.7 MWK
27 February 20241 MAD = 167.6 MWK
28 February 20241 MAD = 165.6 MWK
29 February 20241 MAD = 171.0 MWK

15/09/2021: Digitization of the Moroccan dirham

Morocco announced plans to digitize the dirham, introducing a central bank digital currency (CBDC) for financial transactions in the country.

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.

02/06/2014: Introduction of the fourth dirham

Another series of Moroccan dirham banknotes was issued, featuring new designs and enhanced 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.

02/07/2005: Dirham's exchange rate floatation

Morocco moved to a floating exchange rate regime, allowing the dirham to fluctuate based on market forces.

10/04/2000: Introduction of New Kwacha Banknotes

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

01/05/1999: Introduction of the third dirham

A new series of Moroccan dirham banknotes was introduced with enhanced security features.

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.

12/12/1980: Introduction of the second dirham

A new series of Moroccan dirham banknotes was issued to replace the first series.

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.

17/10/1974: Adoption of the dirham as the currency

The Moroccan franc was replaced by the Moroccan dirham (MAD) as the official currency.

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.

26/11/1960: Introduction of the Moroccan franc (FRF)

The Moroccan franc was introduced as the official currency of Morocco.
MAD MWK January 2024
MAD MWK February 2024
MAD MWK March 2024
MAD MWK April 2024
MAD MWK May 2024
MAD MWK June 2024
MAD MWK July 2024
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MAD MWK December 2024
MAD MWK January 2025