Historic Omani rial Malawian kwacha

Omani rial malawian kwacha history for November 2023. The highest quote for this month is 4390.15 (27/11/2023) and the lowest 4538.36 (27/11/2023). The difference between high and low is -3.38.

OMR MWK average rate for November 2023 is 3889.3408, the change between 01/11/2023 and 30/11/2023 is -47.88 %.

01 November 20231 OMR = 2938.52 MWK
02 November 20231 OMR = 2956.70 MWK
03 November 20231 OMR = 2920.69 MWK
06 November 20231 OMR = 2898.65 MWK
07 November 20231 OMR = 2880.90 MWK
08 November 20231 OMR = 2881.02 MWK
09 November 20231 OMR = 2883.63 MWK
10 November 20231 OMR = 2865.50 MWK
13 November 20231 OMR = 4358.68 MWK
14 November 20231 OMR = 4383.22 MWK
15 November 20231 OMR = 4389.17 MWK
16 November 20231 OMR = 4341.02 MWK
17 November 20231 OMR = 4340.99 MWK
18 November 20231 OMR = 4329.14 MWK
19 November 20231 OMR = 4329.14 MWK
20 November 20231 OMR = 4353.56 MWK
21 November 20231 OMR = 4351.17 MWK
22 November 20231 OMR = 4351.15 MWK
23 November 20231 OMR = 4376.81 MWK
24 November 20231 OMR = 4377.98 MWK
26 November 20231 OMR = 4329.18 MWK
27 November 20231 OMR = 4360.50 MWK
28 November 20231 OMR = 4345.47 MWK
29 November 20231 OMR = 4345.28 MWK
30 November 20231 OMR = 4345.45 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
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OMR MWK May 2024
OMR MWK June 2024
OMR MWK July 2024