Somali shilling malawian kwacha history for January 2024. The highest quote for this month is 2.9709 (26/01/2024) and the lowest 2.9656 (01/01/2024). The difference between high and low is 0.18.
SOS MWK average rate for January 2024 is 2.94287, the change between 01/01/2024 and 31/01/2024 is +1.01 %.
| 01 January 2024 | 1 SOS = 2.963 MWK |
| 02 January 2024 | 1 SOS = 2.966 MWK |
| 03 January 2024 | 1 SOS = 2.930 MWK |
| 04 January 2024 | 1 SOS = 2.930 MWK |
| 05 January 2024 | 1 SOS = 2.933 MWK |
| 08 January 2024 | 1 SOS = 2.949 MWK |
| 09 January 2024 | 1 SOS = 2.933 MWK |
| 10 January 2024 | 1 SOS = 2.956 MWK |
| 11 January 2024 | 1 SOS = 2.933 MWK |
| 12 January 2024 | 1 SOS = 2.958 MWK |
| 15 January 2024 | 1 SOS = 2.953 MWK |
| 16 January 2024 | 1 SOS = 2.954 MWK |
| 17 January 2024 | 1 SOS = 2.961 MWK |
| 18 January 2024 | 1 SOS = 2.930 MWK |
| 19 January 2024 | 1 SOS = 2.930 MWK |
| 22 January 2024 | 1 SOS = 2.955 MWK |
| 23 January 2024 | 1 SOS = 2.933 MWK |
| 24 January 2024 | 1 SOS = 2.930 MWK |
| 25 January 2024 | 1 SOS = 2.933 MWK |
| 26 January 2024 | 1 SOS = 2.931 MWK |
| 29 January 2024 | 1 SOS = 2.960 MWK |
| 30 January 2024 | 1 SOS = 2.933 MWK |
| 31 January 2024 | 1 SOS = 2.933 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.
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.
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.
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.