Historic Tanzanian Shilling Malawian kwacha

Tanzanian Shilling malawian kwacha history for February 2024. The highest quote for this month is 0.66613 (05/02/2024) and the lowest 0.67751 (12/02/2024). The difference between high and low is -1.71.

TZS MWK average rate for February 2024 is 0.65991, the change between 01/02/2024 and 29/02/2024 is -1.61 %.

01 February 20241 TZS = 0.6602 MWK
02 February 20241 TZS = 0.6546 MWK
03 February 20241 TZS = 0.6617 MWK
04 February 20241 TZS = 0.6617 MWK
05 February 20241 TZS = 0.6776 MWK
06 February 20241 TZS = 0.6613 MWK
07 February 20241 TZS = 0.6546 MWK
08 February 20241 TZS = 0.6546 MWK
09 February 20241 TZS = 0.6598 MWK
12 February 20241 TZS = 0.6777 MWK
13 February 20241 TZS = 0.6521 MWK
14 February 20241 TZS = 0.6546 MWK
15 February 20241 TZS = 0.6572 MWK
16 February 20241 TZS = 0.6546 MWK
17 February 20241 TZS = 0.6578 MWK
18 February 20241 TZS = 0.6578 MWK
19 February 20241 TZS = 0.6736 MWK
20 February 20241 TZS = 0.6586 MWK
21 February 20241 TZS = 0.6546 MWK
22 February 20241 TZS = 0.6546 MWK
23 February 20241 TZS = 0.6546 MWK
24 February 20241 TZS = 0.6552 MWK
25 February 20241 TZS = 0.6552 MWK
26 February 20241 TZS = 0.6709 MWK
27 February 20241 TZS = 0.6586 MWK
28 February 20241 TZS = 0.6533 MWK
29 February 20241 TZS = 0.6708 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.