Historic Moroccan dirham Malawian kwacha

Moroccan dirham malawian kwacha history for January 2024. The highest quote for this month is 175.14 (01/01/2024) and the lowest 175.69 (04/01/2024). The difference between high and low is -0.31.

MAD MWK average rate for January 2024 is 169.70333, the change between 01/01/2024 and 31/01/2024 is +4.9 %.

01 January 20241 MAD = 175.1 MWK
02 January 20241 MAD = 175.1 MWK
03 January 20241 MAD = 167.6 MWK
04 January 20241 MAD = 167.6 MWK
05 January 20241 MAD = 168.4 MWK
06 January 20241 MAD = 167.6 MWK
07 January 20241 MAD = 168.1 MWK
08 January 20241 MAD = 174.3 MWK
09 January 20241 MAD = 167.8 MWK
10 January 20241 MAD = 174.2 MWK
11 January 20241 MAD = 167.5 MWK
12 January 20241 MAD = 168.9 MWK
14 January 20241 MAD = 167.6 MWK
15 January 20241 MAD = 174.1 MWK
16 January 20241 MAD = 174.2 MWK
17 January 20241 MAD = 173.8 MWK
18 January 20241 MAD = 166.6 MWK
19 January 20241 MAD = 166.6 MWK
22 January 20241 MAD = 174.3 MWK
23 January 20241 MAD = 167.6 MWK
24 January 20241 MAD = 166.7 MWK
25 January 20241 MAD = 167.4 MWK
26 January 20241 MAD = 166.8 MWK
28 January 20241 MAD = 167.1 MWK
29 January 20241 MAD = 174.2 MWK
30 January 20241 MAD = 166.3 MWK
31 January 20241 MAD = 166.6 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
MAD MWK August 2024
MAD MWK September 2024
MAD MWK October 2024
MAD MWK November 2024
MAD MWK December 2024
MAD MWK January 2025