Namibian dollar malawian kwacha exchange rate history (NAD MWK) December 2023

Namibian dollar malawian kwacha history for December 2023. The highest quote for this month is 92.549 (18/12/2023) and the lowest 91.928 (18/12/2023). The difference between high and low is 0.67.

NAD MWK average rate for December 2023 is 89.73789, the change between 01/12/2023 and 31/12/2023 is -0.9 %.

01 December 2023	1 NAD = 89.83 MWK
02 December 2023	1 NAD = 89.52 MWK
03 December 2023	1 NAD = 89.50 MWK
04 December 2023	1 NAD = 90.37 MWK
05 December 2023	1 NAD = 89.73 MWK
06 December 2023	1 NAD = 87.45 MWK
07 December 2023	1 NAD = 89.03 MWK
08 December 2023	1 NAD = 88.53 MWK
10 December 2023	1 NAD = 87.96 MWK
11 December 2023	1 NAD = 88.69 MWK
12 December 2023	1 NAD = 87.42 MWK
13 December 2023	1 NAD = 88.08 MWK
14 December 2023	1 NAD = 87.47 MWK
15 December 2023	1 NAD = 87.47 MWK
16 December 2023	1 NAD = 90.86 MWK
17 December 2023	1 NAD = 90.87 MWK
18 December 2023	1 NAD = 88.51 MWK
19 December 2023	1 NAD = 91.93 MWK
20 December 2023	1 NAD = 91.19 MWK
21 December 2023	1 NAD = 92.19 MWK
22 December 2023	1 NAD = 91.18 MWK
23 December 2023	1 NAD = 90.57 MWK
24 December 2023	1 NAD = 90.39 MWK
25 December 2023	1 NAD = 91.64 MWK
26 December 2023	1 NAD = 91.64 MWK
27 December 2023	1 NAD = 89.37 MWK
28 December 2023	1 NAD = 90.64 MWK
29 December 2023	1 NAD = 90.64 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.

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.

26/01/2016: New N$100 and N$200 Banknotes Introduced

Namibia introduced new banknotes of N$100 and N$200 denominations to address the need for higher-value currency in the growing economy.

30/08/2012: Introduction of N$10 Commemorative Banknote

Namibia introduced a commemorative banknote of N$10 to celebrate the centenary of the country's struggle for independence.

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.

27/10/2008: Financial Crisis Impact

Due to the global financial crisis, the Namibian dollar experienced a depreciation against major currencies, affecting the country's economy.

01/01/2002: Replacement of Old Banknotes

Old banknotes of the Namibian dollar were demonetized, and new banknotes became the only valid currency.

10/04/2000: Introduction of New Kwacha Banknotes

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

01/06/1999: Introduction of New Banknotes and Coins

New series of banknotes and coins were introduced in Namibia, featuring indigenous wildlife and cultural symbols.

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.

30/08/1993: Dollarization of Namibia

Namibia adopted the Namibian dollar as its sole legal tender, replacing the South African rand as the official currency.

21/03/1990: Independence of Namibia

Namibia gained independence from South Africa, leading to the introduction of the Namibian dollar as the official currency of the newly established country.

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 Namibian dollar Malawian kwacha