Historic Omani rial Malawian kwacha

Omani rial malawian kwacha history for February 2024. The highest quote for this month is 4420.69 (05/02/2024) and the lowest 4513.01 (12/02/2024). The difference between high and low is -2.09.

OMR MWK average rate for February 2024 is 4351.13333, the change between 01/02/2024 and 29/02/2024 is -0.73 %.

01 February 20241 OMR = 4338.23 MWK
02 February 20241 OMR = 4343.25 MWK
03 February 20241 OMR = 4329.18 MWK
04 February 20241 OMR = 4329.18 MWK
05 February 20241 OMR = 4414.69 MWK
06 February 20241 OMR = 4384.60 MWK
07 February 20241 OMR = 4343.56 MWK
08 February 20241 OMR = 4343.52 MWK
09 February 20241 OMR = 4343.42 MWK
12 February 20241 OMR = 4370.40 MWK
13 February 20241 OMR = 4343.24 MWK
14 February 20241 OMR = 4343.81 MWK
15 February 20241 OMR = 4343.60 MWK
16 February 20241 OMR = 4343.58 MWK
17 February 20241 OMR = 4329.18 MWK
18 February 20241 OMR = 4329.18 MWK
19 February 20241 OMR = 4374.92 MWK
20 February 20241 OMR = 4378.62 MWK
21 February 20241 OMR = 4343.50 MWK
22 February 20241 OMR = 4343.45 MWK
23 February 20241 OMR = 4343.44 MWK
24 February 20241 OMR = 4330.30 MWK
25 February 20241 OMR = 4330.30 MWK
26 February 20241 OMR = 4370.81 MWK
27 February 20241 OMR = 4378.94 MWK
28 February 20241 OMR = 4343.68 MWK
29 February 20241 OMR = 4370.02 MWK

16/03/2021: New 5 Rial Polymer Banknote Introduced

A new polymer banknote with a denomination of 5 rials was introduced, enhancing durability and security features of the currency.

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.

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.

15/01/2003: New Omani Rial Banknotes Issued

New series of Omani rial banknotes were introduced, featuring enhanced security features and updated designs.

10/04/2000: Introduction of New Kwacha Banknotes

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

12/06/1994: Smaller Denomination Coins Issued

Small denomination coins, including 5, 10, 25, and 50 baisa coins, were issued in order to facilitate everyday transactions.

17/03/1986: 200 Baisa Coin Introduced

A new 200 baisa coin was introduced, becoming the highest denomination coin in circulation at that time.

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.

11/11/1975: 1/8 Rial Copper-Nickel Coin Introduced

A new 1/8 rial coin made of copper-nickel was introduced, representing a fractional value of the rial currency.

02/03/1973: Rial Oman Pegged to US Dollar

The Omani rial was officially pegged to the United States dollar, with an exchange rate of 1 OMR = 2.895 USD.

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.

27/07/1970: Rial Oman is Introduced

The Omani rial was introduced, replacing the Gulf rupee at a rate of 1 rial = 2.6008 rupees.
OMR MWK July 2023
OMR MWK August 2023
OMR MWK September 2023
OMR MWK October 2023
OMR MWK November 2023
OMR MWK December 2023
OMR MWK January 2024
OMR MWK February 2024
OMR MWK March 2024
OMR MWK April 2024
OMR MWK May 2024
OMR MWK June 2024
OMR MWK July 2024