Historic Namibian dollar Malawian kwacha

Namibian dollar malawian kwacha history for February 2024. The highest quote for this month is 90.705 (01/02/2024) and the lowest 89.894 (03/02/2024). The difference between high and low is 0.89.

NAD MWK average rate for February 2024 is 87.96393, the change between 01/02/2024 and 29/02/2024 is +3.23 %.

01 February 20241 NAD = 89.61 MWK
02 February 20241 NAD = 89.62 MWK
03 February 20241 NAD = 88.21 MWK
04 February 20241 NAD = 88.20 MWK
05 February 20241 NAD = 91.18 MWK
06 February 20241 NAD = 88.18 MWK
07 February 20241 NAD = 88.48 MWK
08 February 20241 NAD = 88.15 MWK
09 February 20241 NAD = 87.87 MWK
12 February 20241 NAD = 88.23 MWK
13 February 20241 NAD = 87.59 MWK
14 February 20241 NAD = 87.04 MWK
15 February 20241 NAD = 87.45 MWK
16 February 20241 NAD = 87.87 MWK
17 February 20241 NAD = 88.45 MWK
18 February 20241 NAD = 88.31 MWK
19 February 20241 NAD = 88.60 MWK
20 February 20241 NAD = 89.00 MWK
21 February 20241 NAD = 88.10 MWK
22 February 20241 NAD = 88.10 MWK
23 February 20241 NAD = 86.86 MWK
24 February 20241 NAD = 86.32 MWK
25 February 20241 NAD = 86.34 MWK
26 February 20241 NAD = 87.50 MWK
27 February 20241 NAD = 86.88 MWK
28 February 20241 NAD = 86.19 MWK
29 February 20241 NAD = 86.71 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.
NAD MWK January 2024
NAD MWK February 2024
NAD MWK March 2024
NAD MWK April 2024
NAD MWK May 2024
NAD MWK June 2024
NAD MWK July 2024
NAD MWK August 2024
NAD MWK September 2024
NAD MWK October 2024
NAD MWK November 2024
NAD MWK December 2024
NAD MWK January 2025